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% quarter-over-quarter from 2.93% in Q4 2025.

Iren (IREN) Return on Capital Employed (2024 - 2026) Analysis & Trends

Iren (IREN) has 3 years of Return on Capital Employed data on file, last reported at 6.29% in Q1 2026.

  • Return on Capital Employed for Q1 2026 came in at 6.29%, down 452.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 6.29% (down 452.0% YoY), and the FY2025 annual result was 0.91%, up 485.0% from the prior year.
  • Return on Capital Employed slipped to 6.29% in Q1 2026 per IREN's latest filing, from 2.93% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 0.75% in Q2 2025 and troughed at 6.29% in Q1 2026.
  • A 3-year average of 3.08% and a median of 3.07% in 2024 frame the typical range for Return on Capital Employed.
  • The sharpest annual moves came in 2025 and 2026: Return on Capital Employed jumped 589 bps in 2025, then tumbled 452 bps in 2026.
  • A 3-year view of Return on Capital Employed shows it stood at 4.7% in 2024, then jumped by 38 bps to 2.93% in 2025, then slumped by 114 bps to 6.29% in 2026.
  • Business Quant data shows IREN's Return on Capital Employed at 6.29% in Q1 2026, 2.93% in Q4 2025, and 0.35% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -
2 Morgan Stanley 349.82 Bn 216.29 Bn - -
3 Goldman Sachs 333.85 Bn -603.70 Bn - -
4 Schwab Charles 160.31 Bn 115.33 Bn - -
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 27.74%
6 Interactive Brokers 42.79 Bn 53.38 Bn - -
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - -
8 Tradeweb Markets 21.20 Bn 19.96 Bn - -
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn -6.29%
10 Circle Internet 19.67 Bn 18.16 Bn 35.01 Mn -5.62%

Historic Data

Download Data
DateValue
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%