Expensify (EXFY) Return on Capital Employed (2021 - 2026)

Expensify's (EXFY) quarterly Return on Capital Employed came in at 12.94% in Q1 2026, down 1256.0% year-on-year from 1.12% in Q1 2025, and down 0.57% quarter-over-quarter from 12.87% in Q4 2025.

Expensify (EXFY) Return on Capital Employed (2021 - 2026) Analysis & Trends

Expensify has disclosed Return on Capital Employed across 6 years of filings, most recently posting 12.94% for Q1 2026.

  • Return on Capital Employed for Q1 2026 came in at 12.94%, down 1256.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 12.94% (down 1256.0% YoY), and the FY2025 annual result was 13.5%, down 1291.0% from the prior year.
  • Return on Capital Employed came in at 12.94% for Q1 2026 at Expensify, down from 12.87% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 0.38% in Q1 2025 to a low of 29.19% in Q1 2024.
  • The 5-year median for Return on Capital Employed is 12.87% (2025), against an average of 14.5%.
  • Across the five-year window, Return on Capital Employed plunged 2056 bps in 2024 and soared 2880 bps in 2025, its largest moves.
  • Expensify's Return on Capital Employed stood at 10.11% in 2022, then sank by 159 bps to 26.17% in 2023, then surged by 98 bps to 0.6% in 2024, then sank by 2047 bps to 12.87% in 2025, then decreased by 1 bps to 12.94% in 2026.
  • The last three Return on Capital Employed figures came in at 12.94% (Q1 2026), 12.87% (Q4 2025), and 9.55% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 40.19%
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 9.54%
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 12.81%
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 12.40%
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 10.65%
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 17.43%
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 12.32%
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn -20.99%
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 51.24%
10 Expensify 118.55 Mn 52.03 Mn 16.17 Mn -12.94%

Historic Data

Download Data
DateValue
Mar 31, 2026 -12.94%
Dec 31, 2025 -12.87%
Sep 30, 2025 -9.55%
Jun 30, 2025 -7.92%
Mar 31, 2025 -0.38%
Dec 31, 2024 -0.60%
Sep 30, 2024 -5.34%
Jun 30, 2024 -19.03%
Mar 31, 2024 -29.19%
Dec 31, 2023 -26.17%
Sep 30, 2023 -20.11%
Jun 30, 2023 -12.20%
Mar 31, 2023 -8.62%
Dec 31, 2022 -10.11%
Sep 30, 2022 -23.25%
Jun 30, 2022 -27.75%
Mar 31, 2022 -20.50%
Dec 31, 2021 -9.07%