Kaival Brands Innovations (KAVL) Return on Capital Employed [ROCE] (2020 - 2026)
Kaival Brands Innovations (KAVL) reported Return on Capital Employed [ROCE] of -5046.63% for fiscal Q2 2026 (quarter ended Apr 30, 2026), down 4973.94 percentage points from -72.68% a year earlier and down 1444.07 percentage points from the prior quarter.
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Analysis
Kaival Brands Innovations (KAVL) Return on Capital Employed [ROCE] (2020 - 2026) Analysis & Trends
For FY2025 (ended Oct 31, 2025), Kaival Brands Innovations posted Return on Capital Employed [ROCE] of -214.22%, down 178.92 percentage points from FY2024.
- Return on Capital Employed [ROCE] has a four-year change of -31.61 percentage points (FY2021 to FY2025).
- By fiscal year, Return on Capital Employed [ROCE] came in at -35.31% in FY2024 (+62.09 pp), -97.39% in FY2023 (-24.46 pp), -72.93% in FY2022 (+109.68 pp) and -182.62% in FY2021.
- The fiscal Q2 2026 figure ranks as the lowest quarterly Return on Capital Employed [ROCE] in data going back to fiscal Q2 2020.
- Year over year, Return on Capital Employed [ROCE] has now declined in each of the last five quarters, with an average year-over-year change of -1091.75 percentage points over the last eight quarters.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was fiscal Q2 2024 (a gain of 119.60 percentage points); the low point was fiscal Q2 2026 (a drop of 4973.94 percentage points).
- Per Business Quant data, the three fiscal quarters before Q2 2026 came in at -3602.55% (Q1 2026), -301.62% (Q4 2025) and -72.23% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 310.95 Bn | 289.94 Bn | 7.85 Bn | 39.38% |
| 2 | British American Tobacco p.l.c | 137.57 Bn | 114.22 Bn | - | - |
| 3 | Altria | 124.10 Bn | 110.30 Bn | 3.82 Bn | 41.87% |
| 4 | RLX Technology | 2.51 Bn | -1.24 Bn | 52.74 Mn | 3.58% |
| 5 | Verano Holdings | 2.17 Bn | 1.84 Bn | 99.70 Mn | -8.28% |
| 6 | Curaleaf Holdings | 2.09 Bn | 1.70 Bn | 169.91 Mn | 0.77% |
| 7 | Trulieve Cannabis | 2.00 Bn | 614.45 Mn | 162.29 Mn | -11.88% |
| 8 | Turning Point Brands | 1.28 Bn | 415.13 Mn | 93.70 Mn | 10.34% |
| 9 | Cronos | 1.24 Bn | -1.98 Bn | 28.45 Mn | -0.22% |
| 10 | Kaival Brands Innovations | 312,505.79 | -1.43 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | -5,046.63% |
| Jan 31, 2026 | -3,602.55% |
| Oct 31, 2025 | -301.62% |
| Jul 31, 2025 | -72.23% |
| Apr 30, 2025 | -72.68% |
| Jan 31, 2025 | -56.78% |
| Oct 31, 2024 | -37.44% |
| Jul 31, 2024 | -51.75% |
| Apr 30, 2024 | -56.38% |
| Jan 31, 2024 | -66.36% |
| Oct 31, 2023 | -69.60% |
| Jul 31, 2023 | -96.69% |
| Apr 30, 2023 | -175.98% |
| Jan 31, 2023 | -163.30% |
| Oct 31, 2022 | -123.06% |
| Jul 31, 2022 | -108.06% |
| Apr 30, 2022 | -88.83% |
| Jan 31, 2022 | -79.67% |
| Oct 31, 2021 | -79.16% |
| Jul 31, 2021 | -35.29% |
API Access
Kaival Brands Innovations 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=KAVL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "KAVL", "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=KAVL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();