IonQ (IONQ) Return on Capital Employed (2021 - 2026)

IonQ (IONQ) posted quarterly Return on Capital Employed of 12.83% for Q1 2026, up 2764.0% year-over-year from 0.45% in Q1 2025, and down 6.82% on a QoQ basis from 12.01% in Q4 2025.

IonQ (IONQ) Return on Capital Employed (2021 - 2026) Analysis & Trends

IonQ (IONQ) has reported Return on Capital Employed for 6 consecutive years, with 12.83% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Return on Capital Employed rose 2764.0% year-over-year to 12.83%; the TTM figure through Mar 2026 stood at 12.83% (up 2764.0% YoY), while the FY2025 annual figure was 18.79%, up 2818.0% from the prior year.
  • Return on Capital Employed came in at 12.83% for Q1 2026 at IonQ, down from 12.01% in the prior quarter.
  • The five-year high for Return on Capital Employed was 7.96% in Q1 2022, with the low at 49.77% in Q4 2024.
  • Average Return on Capital Employed over 5 years is 24.87%, with a median of 19.62% recorded in 2023.
  • Across the five-year window, Return on Capital Employed tumbled 2066 bps in 2024 and jumped 3776 bps in 2025, its largest moves.
  • Year by year, Return on Capital Employed stood at 14.73% in 2022, then sank by 105 bps to 30.2% in 2023, then tumbled by 65 bps to 49.77% in 2024, then jumped by 76 bps to 12.01% in 2025, then decreased by 7 bps to 12.83% in 2026.
  • According to Business Quant data, Return on Capital Employed over the past three periods registered 12.83%, 12.01%, and 17.92% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Sandisk 300.77 Bn 297.03 Bn 4.66 Bn 40.93%
2 Dell Technologies 276.28 Bn 264.70 Bn 7.78 Bn 31.76%
3 Arista Networks 209.63 Bn 197.28 Bn 1.68 Bn 29.70%
4 Western Digital 204.64 Bn 201.41 Bn 1.68 Bn 33.39%
5 Seagate Technology Holdings 202.26 Bn 201.11 Bn 1.45 Bn 55.82%
6 Everpure 25.55 Bn 24.23 Bn 723.33 Mn 5.87%
7 Hp 20.30 Bn 16.60 Bn 3.02 Bn 25.32%
8 Super Micro Computer 16.60 Bn 15.31 Bn 1.02 Bn 8.58%
9 Logitech International 13.89 Bn 12.15 Bn 483.28 Mn 29.15%
10 IonQ - - 15.41 Mn -12.83%

Historic Data

Download Data
DateValue
Mar 31, 2026 -12.83%
Dec 31, 2025 -12.01%
Sep 30, 2025 -17.92%
Jun 30, 2025 -36.05%
Mar 31, 2025 -40.46%
Dec 31, 2024 -49.77%
Sep 30, 2024 -44.05%
Jun 30, 2024 -39.70%
Mar 31, 2024 -35.53%
Dec 31, 2023 -30.20%
Sep 30, 2023 -23.40%
Jun 30, 2023 -19.62%
Mar 31, 2023 -16.69%
Dec 31, 2022 -14.73%
Sep 30, 2022 -12.32%
Jun 30, 2022 -9.63%
Mar 31, 2022 -7.96%
Dec 31, 2021 -6.19%
Sep 30, 2021 -6.30%
Jun 30, 2021 -7.26%