Harmonic (HLIT) Return on Capital Employed (2010 - 2026)
Harmonic (HLIT) reported Return on Capital Employed of 2.45% for Q2 2026, down 1228.0% on a YoY basis from 0.22% in Q2 2025, and up 1175.95% quarter-over-quarter from 0.23% in Q4 2025.
Harmonic (HLIT) Return on Capital Employed (2010 - 2026) Analysis & Trends
Harmonic has reported Return on Capital Employed for 17 years, with the latest figure at 2.45% in Q2 2026.
- For the quarter ending Q2 2026, Return on Capital Employed fell 1228.0% year-over-year to 2.45%; the trailing twelve-month figure through Apr 2026 stood at 2.45% (down 1228.0% YoY), and the FY2025 full-year result was 0.33%, down 1233.0% from the prior year.
- Return on Capital Employed for Q2 2026 stood at 2.45%, up from 0.23% in the prior quarter.
- The five-year high for Return on Capital Employed was 18.27% in Q2 2025, with the low at 2.83% in Q2 2024.
- Historically, Return on Capital Employed has averaged 8.22% across 5 years, with a median of 7.99% in 2022.
- Annual changes were most pronounced in 2024 — Return on Capital Employed slumped 1481 bps — and 2025, when it surged 2110 bps.
- Harmonic's Return on Capital Employed stood at 11.92% in 2022, then tumbled by 44 bps to 6.69% in 2023, then soared by 91 bps to 12.76% in 2024, then tumbled by 102 bps to 0.23% in 2025, then surged by 1176 bps to 2.45% in 2026.
- The last three Return on Capital Employed figures came in at 2.45% (Q2 2026), 0.23% (Q4 2025), and 13.88% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 480.96 Bn | 464.32 Bn | 10.08 Bn | 16.71% |
| 2 | Ciena | 69.17 Bn | 67.87 Bn | 625.52 Mn | 6.63% |
| 3 | Motorola Solutions | 68.03 Bn | 67.17 Bn | 1.36 Bn | 21.43% |
| 4 | Hewlett Packard Enterprise | 65.63 Bn | 60.79 Bn | 8.25 Bn | -0.78% |
| 5 | Lumentum Holdings | 61.32 Bn | 58.15 Bn | 357.00 Mn | 11.56% |
| 6 | Ubiquiti | 34.34 Bn | 33.97 Bn | 370.71 Mn | 87.31% |
| 7 | AST SpaceMobile | 27.21 Bn | 27.79 Bn | -69.36 Mn | -10.70% |
| 8 | Applied Optoelectronics | 13.45 Bn | 13.01 Bn | 43.92 Mn | -1.25% |
| 9 | Zebra Technologies | 11.38 Bn | 11.26 Bn | 742.00 Mn | 10.82% |
| 10 | Harmonic | 1.46 Bn | 1.35 Bn | 63.62 Mn | 2.45% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 2.45% |
| Dec 31, 2025 | -0.23% |
| 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% |