Iren (IREN) Return on Capital Employed (2024 - 2026)
Iren (IREN) reported Return on Capital Employed of 6.29% for Q1 2026, down 452.0% year-over-year from 1.79% in Q1 2025, and down 114.31% on a QoQ basis from 2.93% in Q4 2025.
Iren (IREN) has 3 years of Return on Capital Employed data on file, last reported at 6.29% in Q1 2026.
- Quarterly Return on Capital Employed fell 452.0% year-over-year to 6.29% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 6.29% (down 452.0% YoY) and the FY2025 annual result came in at 0.91%, up 485.0% from the prior year.
- Return on Capital Employed eased to 6.29% in Q1 2026 per IREN's latest filing, from 2.93% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 0.75% in Q2 2025 and bottomed at 6.29% in Q1 2026.
- The 3-year median for Return on Capital Employed is 3.07% (2024), against an average of 3.08%.
- The widest annual swing landed in 2025, when Return on Capital Employed surged 589 bps; it then sank 452 bps in 2026.
- Tracing IREN's Return on Capital Employed over 3 years: stood at 4.7% in 2024, then surged by 38 bps to 2.93% in 2025, then plunged by 114 bps to 6.29% in 2026.
- Per Business Quant, the three latest IREN Return on Capital Employed figures stand at 6.29% (Q1 2026), 2.93% (Q4 2025), and 0.35% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | - |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | - |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | - |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 27.74% |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | - |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | -5.62% |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | - |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | -6.29% |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | - |
| 10 | Hut 8 | 14.71 Bn | 14.86 Bn | 45.47 Mn | -22.42% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -6.29% |
| Dec 31, 2025 | -2.93% |
| Sep 30, 2025 | -0.35% |
| Jun 30, 2025 | 0.75% |
| Mar 31, 2025 | -1.77% |
| Dec 31, 2024 | -4.70% |
| Sep 30, 2024 | -6.25% |
| Jun 30, 2024 | -3.07% |
| Mar 31, 2024 | -3.15% |