Iren (IREN) Return on Capital Employed (2022 - 2026)
Iren (IREN) posted quarterly Return on Capital Employed of 6.29% for Q1 2026, down 452.0% YoY from 1.79% in Q1 2025, and down 114.31% sequentially from 2.93% in Q4 2025.
Iren (IREN) Return on Capital Employed (2022 - 2026) Analysis & Trends
Iren has disclosed Return on Capital Employed across 4 years of filings, most recently posting 6.29% for Q1 2026.
- In Q1 2026, Return on Capital Employed fell 452.0% year-over-year to 6.29%; the TTM figure through Mar 2026 stood at 6.29% (down 452.0% YoY), while the FY2025 annual figure was 0.91%, up 485.0% from the prior year.
- Return on Capital Employed declined to 6.29% in Q1 2026, from 2.93% in the prior quarter.
- Over the last five years, Return on Capital Employed for IREN reached as high as 0.75% in Q2 2025 and fell as low as 37.51% in Q4 2022.
- The 4-year median for Return on Capital Employed is 3.11% (2024), against an average of 6.53%.
- Annual changes were most pronounced in 2025 — Return on Capital Employed jumped 589 bps — and 2026, when it sank 452 bps.
- A 4-year view of Return on Capital Employed shows it stood at 37.51% in 2022, then soared by 87 bps to 4.7% in 2024, then jumped by 38 bps to 2.93% in 2025, then plunged by 114 bps to 6.29% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 6.29%, 2.93%, and 0.35% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | - |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | - |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | - |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 29.16% |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 27.74% |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | - |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | - |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | -5.62% |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -6.29% |
| 10 | Evercore | 13.30 Bn | 11.58 Bn | 1.38 Bn | 25.29% |
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% |
| Dec 31, 2022 | -37.51% |