Solana (HSDT) Return on Capital Employed [ROCE] (2017 - 2026)
Solana (HSDT) reported Return on Capital Employed [ROCE] of -198.04% for Q2 2026, up 176.62 percentage points from -374.66% a year earlier but down 62.00 percentage points from the prior quarter.
Solana (HSDT) Return on Capital Employed [ROCE] (2017 - 2026) Analysis & Trends
For FY2025, Solana posted Return on Capital Employed [ROCE] of -161.78%, up 240.73 percentage points from FY2024.
- Return on Capital Employed [ROCE] has a five-year change of +77.07 percentage points (FY2020 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at -402.52% in FY2024 (-285.39 pp), -117.13% in FY2023 (-3.93 pp), -113.20% in FY2022 (+123.28 pp) and -236.49% in FY2021 (+2.37 pp).
- Five-year quarterly Return on Capital Employed [ROCE] spans a low of -960.13% in Q1 2025 and a high of -19.24% in Q3 2025.
- Year over year, Return on Capital Employed [ROCE] has now increased in each of the last four quarters, with an average year-over-year change of +49.47 percentage points over the last eight quarters.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q1 2026 (a gain of 824.09 percentage points); the low point was Q1 2025 (a drop of 726.39 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -136.05% (Q1 2026), -63.02% (Q4 2025) and -19.24% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.35 Bn | 82.45 Bn | - | 48.09% |
| 2 | Bank of New York Mellon | 98.65 Bn | 38.02 Bn | - | - |
| 3 | Cme | 94.54 Bn | 94.54 Bn | - | 11.13% |
| 4 | Intercontinental Exchange | 84.23 Bn | 78.04 Bn | - | 9.74% |
| 5 | Nasdaq | 50.77 Bn | 48.20 Bn | 1.50 Bn | 11.33% |
| 6 | State Street | 48.31 Bn | 48.31 Bn | - | - |
| 7 | Interactive Brokers | 39.79 Bn | 33.24 Bn | - | - |
| 8 | Northern Trust | 31.37 Bn | 31.37 Bn | - | - |
| 9 | Cboe Global Markets | 28.34 Bn | 20.00 Bn | 731.60 Mn | 24.89% |
| 10 | Solana | 209.76 Mn | 70.33 Mn | 2.45 Mn | -198.04% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -198.04% |
| Mar 31, 2026 | -136.05% |
| Dec 31, 2025 | -63.02% |
| Sep 30, 2025 | -19.24% |
| Jun 30, 2025 | -374.66% |
| Mar 31, 2025 | -960.13% |
| Dec 31, 2024 | -579.17% |
| Sep 30, 2024 | -227.33% |
| Jun 30, 2024 | -230.43% |
| Mar 31, 2024 | -233.74% |
| Dec 31, 2023 | -194.37% |
| Sep 30, 2023 | -153.56% |
| Jun 30, 2023 | -135.61% |
| Mar 31, 2023 | -107.50% |
| Dec 31, 2022 | -96.46% |
| Sep 30, 2022 | -147.35% |
| Jun 30, 2022 | -261.21% |
| Mar 31, 2022 | -198.79% |
| Dec 31, 2021 | -217.60% |
| Sep 30, 2021 | -256.04% |
Solana 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=HSDT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "HSDT", "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=HSDT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();