Iren (IREN) Return on Capital Employed [ROCE] (2022 - 2026)
Iren (IREN) recorded Return on Capital Employed [ROCE] of -11.25% in fiscal Q4 2026 (quarter ended Jun 30, 2026), down 12.00 percentage points from 0.75% a year earlier and down 4.96 percentage points from the prior quarter.
Powered by 
Analysis
Iren (IREN) Return on Capital Employed [ROCE] (2022 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Iren reported Return on Capital Employed [ROCE] of -14.65%, down 15.56 percentage points from FY2025.
- Annual Return on Capital Employed [ROCE] has a four-year change of -14.77 percentage points (FY2022 to FY2026).
- Across earlier fiscal years, Return on Capital Employed [ROCE] came in at 0.91% in FY2025 (+4.85 pp), -3.94% in FY2024 (+32.86 pp), -36.80% in FY2023 (-36.92 pp) and 0.11% in FY2022.
- The fiscal Q4 2026 figure is the lowest quarterly Return on Capital Employed [ROCE] since fiscal Q2 2023.
- On a year-over-year basis, Return on Capital Employed [ROCE] rose in four of the last six quarters, with an average year-over-year change of -0.61 percentage points.
- Per Business Quant, the preceding three fiscal quarters came in at -6.29% (Q3 2026), -2.93% (Q2 2026) and -0.35% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 48.27 Bn | 5.08 Bn | - | 3.03% |
| 2 | PayPal Holdings | 45.51 Bn | 3.74 Bn | - | 17.89% |
| 3 | Block | 44.67 Bn | 15.93 Bn | 3.17 Bn | 4.02% |
| 4 | Iren | 31.78 Bn | 19.37 Bn | 103.89 Mn | -11.25% |
| 5 | Corpay | 25.91 Bn | 16.11 Bn | - | 20.94% |
| 6 | Fiserv | 23.59 Bn | 20.29 Bn | 2.90 Bn | 8.26% |
| 7 | Global Payments | 20.83 Bn | -735.18 Mn | 2.03 Bn | 2.55% |
| 8 | Bitmine Immersion Technologies | 15.23 Bn | 12.61 Bn | 40.81 Mn | -82.57% |
| 9 | Guidewire Software | 12.47 Bn | 9.03 Bn | 269.68 Mn | 7.92% |
| 10 | Hut 8 | 11.04 Bn | 10.88 Bn | 48.04 Mn | -15.84% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -11.25% |
| 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 | -36.15% |
API Access
Iren 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=IREN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "IREN", "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=IREN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();