First Advantage (FA) Return on Capital Employed [ROCE] (2021 - 2026)
First Advantage (FA) recorded Return on Capital Employed [ROCE] of 5.05% in Q2 2026, up 5.77 percentage points from -0.72% a year earlier and up 0.64 percentage points from the prior quarter.
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Analysis
First Advantage (FA) Return on Capital Employed [ROCE] (2021 - 2026) Analysis & Trends
For FY2025, First Advantage reported Return on Capital Employed [ROCE] of 3.63%, up 6.10 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has a four-year change of -0.09 percentage points (FY2021 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at -2.47% in FY2024 (-7.34 pp), 4.87% in FY2023 (-0.41 pp), 5.28% in FY2022 (+1.56 pp) and 3.72% in FY2021.
- The Q2 2026 figure is the highest quarterly Return on Capital Employed [ROCE] since Q4 2023.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased for three consecutive quarters, with an average year-over-year change of -0.68 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 6.12 percentage points in Q4 2025, against a drop of 7.73 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 4.41% (Q1 2026), 3.66% (Q4 2025) and 0.19% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 284.97 Bn | 270.04 Bn | 2.30 Bn | 1.86% |
| 2 | CrowdStrike Holdings | 261.98 Bn | 242.38 Bn | 1.10 Bn | -1.66% |
| 3 | Fortinet | 131.71 Bn | 117.64 Bn | 1.64 Bn | 44.16% |
| 4 | Snowflake | 113.17 Bn | 100.49 Bn | 1.04 Bn | -25.24% |
| 5 | Datadog | 96.06 Bn | 77.70 Bn | 881.34 Mn | 0.30% |
| 6 | Zscaler | 40.62 Bn | 26.74 Bn | - | - |
| 7 | Okta | 36.94 Bn | 27.03 Bn | 641.00 Mn | 3.21% |
| 8 | Axon Enterprise | 33.87 Bn | 28.40 Bn | 546.45 Mn | 0.40% |
| 9 | MongoDB | 29.79 Bn | 20.26 Bn | 569.77 Mn | -0.47% |
| 10 | First Advantage | 3.63 Bn | 2.71 Bn | 203.99 Mn | 5.05% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.05% |
| Mar 31, 2026 | 4.41% |
| Dec 31, 2025 | 3.66% |
| Sep 30, 2025 | 0.19% |
| Jun 30, 2025 | -0.72% |
| Mar 31, 2025 | -1.48% |
| Dec 31, 2024 | -2.46% |
| Sep 30, 2024 | 3.13% |
| Jun 30, 2024 | 4.02% |
| Mar 31, 2024 | 4.52% |
| Dec 31, 2023 | 5.28% |
| Sep 30, 2023 | 4.93% |
| Jun 30, 2023 | 4.75% |
| Mar 31, 2023 | 4.97% |
| Dec 31, 2022 | 5.23% |
| Sep 30, 2022 | 5.01% |
| Jun 30, 2022 | 4.96% |
| Mar 31, 2022 | 4.69% |
| Dec 31, 2021 | 3.62% |
| Sep 30, 2021 | 2.39% |
API Access
First Advantage Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=FA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "FA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=FA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();