Harmonic (HLIT) Return on Capital Employed (2010 - 2026)
Harmonic (HLIT) posted Return on Capital Employed of 4.9% for Q2 2026, up 141.22% on a QoQ basis from 2.03% in Q4 2025, and down 982.0% year-over-year from 0.56% in Q2 2025.
Harmonic (HLIT) Return on Capital Employed (2010 - 2026) Analysis & Trends
Harmonic's Return on Capital Employed history runs 17 years deep, the most recent figure standing at 4.9% for Q2 2026.
- Quarterly Return on Capital Employed fell 982.0% year-over-year to 4.9% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 4.9% (down 982.0% YoY) and the FY2025 annual result came in at 2.52%, down 1015.0% from the prior year.
- Return on Capital Employed was 4.9% for Q2 2026 at Harmonic, up from 2.03% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 18.27% in Q2 2025 and bottomed at 2.83% in Q2 2024.
- A 5-year average of 8.49% and a median of 7.99% in 2022 frame the typical range for Return on Capital Employed.
- Annual changes were most pronounced in 2024 — Return on Capital Employed sank 1481 bps — and 2025, when it surged 2110 bps.
- Harmonic's Return on Capital Employed stood at 11.92% in 2022, then sank by 44 bps to 6.69% in 2023, then surged by 91 bps to 12.76% in 2024, then plunged by 84 bps to 2.03% in 2025, then jumped by 141 bps to 4.9% in 2026.
- Business Quant data shows HLIT's Return on Capital Employed at 4.9% in Q2 2026, 2.03% in Q4 2025, and 13.88% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 453.08 Bn | 436.44 Bn | 10.08 Bn | 16.71% |
| 2 | Motorola Solutions | 70.40 Bn | 69.51 Bn | 1.36 Bn | 21.43% |
| 3 | Hewlett Packard Enterprise | 64.04 Bn | 59.20 Bn | 9.10 Bn | -0.78% |
| 4 | Ciena | 53.20 Bn | 51.90 Bn | 625.52 Mn | 6.63% |
| 5 | Lumentum Holdings | 51.31 Bn | 48.14 Bn | 357.00 Mn | 11.56% |
| 6 | Nokia | 49.83 Bn | 42.52 Bn | 9.86 Bn | - |
| 7 | Ubiquiti | 32.53 Bn | 32.16 Bn | 370.71 Mn | 87.31% |
| 8 | Ericsson Lm Telephone | 32.22 Bn | 26.54 Bn | 2.53 Bn | 21.27% |
| 9 | AST SpaceMobile | 16.80 Bn | 16.80 Bn | 3.67 Mn | -8.36% |
| 10 | Harmonic | 1.24 Bn | 1.13 Bn | 63.62 Mn | 4.90% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 4.90% |
| Dec 31, 2025 | 2.03% |
| Sep 26, 2025 | 13.88% |
| Jun 27, 2025 | 18.27% |
| Mar 28, 2025 | 14.73% |
| Dec 31, 2024 | 12.76% |
| Sep 27, 2024 | 4.83% |
| Jun 28, 2024 | -2.83% |
| Mar 29, 2024 | 1.94% |
| Dec 31, 2023 | 6.69% |
| Sep 29, 2023 | 7.13% |
| Jun 30, 2023 | 11.98% |
| Mar 31, 2023 | 13.51% |
| Dec 31, 2022 | 11.92% |
| Sep 30, 2022 | 9.28% |
| Jul 1, 2022 | 7.99% |
| Apr 1, 2022 | 5.40% |
| Dec 31, 2021 | 4.23% |
| Oct 1, 2021 | 4.61% |
| Jul 2, 2021 | 3.03% |