Iridium Communications (IRDM) Return on Capital Employed [ROCE] (2011 - 2026)
Iridium Communications' Return on Capital Employed [ROCE] came in at 8.70% for Q2 2026, down 0.04 percentage points from 8.75% a year earlier and down 0.63 percentage points from the prior quarter.
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Analysis
Iridium Communications (IRDM) Return on Capital Employed [ROCE] (2011 - 2026) Analysis & Trends
For FY2025, Iridium Communications' Return on Capital Employed [ROCE] was 9.48%, up 1.46 percentage points from FY2024.
- Return on Capital Employed [ROCE] has increased in each of the last six years, with a five-year change of +8.43 percentage points (FY2020 to FY2025).
- Going back by year, Return on Capital Employed [ROCE] was 8.02% in FY2024 (+4.97 pp), 3.05% in FY2023 (+0.43 pp), 2.62% in FY2022 (+1.16 pp) and 1.46% in FY2021 (+0.41 pp).
- The Q2 2026 figure represents the lowest quarterly Return on Capital Employed [ROCE] since Q1 2025.
- Year-over-year, Return on Capital Employed [ROCE] increased in seven of the last eight quarters, with an average year-over-year change of +2.67 percentage points.
- The fastest year-over-year change in Return on Capital Employed [ROCE] over five years came in Q3 2024 (a gain of 5.42 percentage points), and the weakest in Q2 2023 (a drop of 0.59 percentage points).
- Business Quant data shows IRDM's Return on Capital Employed [ROCE] at 9.34% (Q1 2026), 9.71% (Q4 2025) and 9.47% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 191.00 Bn | 155.40 Bn | 27.03 Bn | 8.11% |
| 2 | T-Mobile US | 173.83 Bn | 158.58 Bn | 14.76 Bn | 9.58% |
| 3 | At&T | 166.58 Bn | 114.53 Bn | 25.82 Bn | 6.89% |
| 4 | Grupo Televisa, S.A.B | 140.00 Bn | 128.63 Bn | 318.12 Mn | 4.82% |
| 5 | Comcast | 76.75 Bn | 41.00 Bn | - | 8.12% |
| 6 | Chunghwa Telecom | 35.34 Bn | 31.19 Bn | 728.80 Mn | 2.46% |
| 7 | EchoStar | 25.60 Bn | 16.74 Bn | 1.65 Bn | -45.15% |
| 8 | AST SpaceMobile | 22.19 Bn | 22.70 Bn | 7.95 Mn | -11.61% |
| 9 | Bce | 18.58 Bn | 16.90 Bn | - | - |
| 10 | Iridium Communications | 5.07 Bn | 4.59 Bn | 160.45 Mn | 8.70% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.70% |
| Mar 31, 2026 | 9.34% |
| Dec 31, 2025 | 9.71% |
| Sep 30, 2025 | 9.47% |
| Jun 30, 2025 | 8.75% |
| Mar 31, 2025 | 8.40% |
| Dec 31, 2024 | 7.88% |
| Sep 30, 2024 | 7.49% |
| Jun 30, 2024 | 6.43% |
| Mar 31, 2024 | 4.19% |
| Dec 31, 2023 | 3.20% |
| Sep 30, 2023 | 2.06% |
| Jun 30, 2023 | 1.62% |
| Mar 31, 2023 | 2.88% |
| Dec 31, 2022 | 2.67% |
| Sep 30, 2022 | 2.33% |
| Jun 30, 2022 | 2.21% |
| Mar 31, 2022 | 1.86% |
| Dec 31, 2021 | 1.50% |
| Sep 30, 2021 | 1.31% |
API Access
Iridium Communications 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=IRDM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "IRDM", "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=IRDM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();