Harmonic (HLIT) Return on Capital Employed [ROCE] (2009 - 2026)
Harmonic (HLIT) recorded Return on Capital Employed [ROCE] of 8.30% in Q2 2026, down 9.21 percentage points from 17.51% a year earlier but up 4.33 percentage points from the prior quarter.
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Analysis
Harmonic (HLIT) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Harmonic reported Return on Capital Employed [ROCE] of 2.52%, down 10.15 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has a five-year change of +5.33 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at 12.67% in FY2024 (+6.23 pp), 6.43% in FY2023 (-5.55 pp), 11.99% in FY2022 (+7.49 pp) and 4.50% in FY2021 (+7.31 pp).
- Quarterly Return on Capital Employed [ROCE] has ranged from -2.83% in Q2 2024 to 17.51% in Q2 2025 over the past five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined for three consecutive quarters, with an average year-over-year change of +1.70 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 20.34 percentage points in Q2 2025, against a drop of 14.81 percentage points in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 3.97% (Q1 2026), 1.18% (Q4 2025) and 13.12% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,064.64 Bn | 4,810.10 Bn | 54.82 Bn | 70.57% |
| 2 | Cisco Systems | 387.30 Bn | 323.23 Bn | 11.06 Bn | 17.86% |
| 3 | Arista Networks | 233.88 Bn | 183.08 Bn | 2.33 Bn | 29.33% |
| 4 | Dell Technologies | 213.96 Bn | 169.72 Bn | 9.83 Bn | 38.06% |
| 5 | Sony | 164.26 Bn | 101.68 Bn | 7.96 Bn | 16.11% |
| 6 | Sandisk | 123.84 Bn | 108.67 Bn | 9.38 Bn | 115.35% |
| 7 | Seagate Technology Holdings | 115.23 Bn | 110.07 Bn | 2.43 Bn | 76.09% |
| 8 | Western Digital | 108.25 Bn | 98.08 Bn | 2.53 Bn | 57.31% |
| 9 | Hewlett Packard Enterprise | 63.71 Bn | 41.65 Bn | 4.93 Bn | 5.09% |
| 10 | Harmonic | 1.09 Bn | 480.75 Mn | 77.12 Mn | 16.28% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Oct 2, 2026 | 16.28% |
| Jul 3, 2026 | 9.75% |
| Apr 3, 2026 | 5.52% |
| Dec 31, 2025 | 2.60% |
| Sep 26, 2025 | 12.18% |
| Jun 27, 2025 | 17.51% |
| 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% |
API Access
Harmonic 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=HLIT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "HLIT", "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=HLIT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();