Mind Technology (MIND) Return on Capital Employed (2011 - 2026)
Mind Technology (MIND) posted quarterly Return on Capital Employed of 8.6% for Q2 2026, down 1112.0% year-over-year from 0.85% in Q2 2025, and up 23.01% quarter-over-quarter from 6.99% in Q1 2026.
Mind Technology (MIND) Return on Capital Employed (2011 - 2026) Analysis & Trends
Mind Technology (MIND) has reported Return on Capital Employed for 16 consecutive years, with 8.6% the latest figure, recorded in Q2 2026.
- In Q2 2026, Return on Capital Employed fell 1112.0% year-over-year to 8.6%; the TTM figure through Apr 2026 stood at 8.6% (down 1112.0% YoY), while the FY2026 annual figure was 8.04%, down 1773.0% from the prior year.
- Return on Capital Employed climbed to 8.6% in Q2 2026 per MIND's latest filing, from 6.99% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 24.55% in Q1 2025 and bottomed at 60.4% in Q1 2022.
- Historically, Return on Capital Employed has averaged 6.22% across 5 years, with a median of 2.94% in 2024.
- Annual changes were most pronounced in 2023 — Return on Capital Employed surged 4394 bps — and 2026, when it sank 1756 bps.
- Mind Technology's Return on Capital Employed stood at 48.94% in 2022, then surged by 90 bps to 5.0% in 2023, then jumped by 572 bps to 23.59% in 2024, then slumped by 32 bps to 16.0% in 2025, then plunged by 46 bps to 8.6% in 2026.
- Business Quant data shows MIND's Return on Capital Employed at 8.6% in Q2 2026, 6.99% in Q1 2026, and 16.0% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.78 Bn | 54.11 Bn | 1.26 Bn | 23.26% |
| 2 | Keysight Technologies | 54.16 Bn | 51.75 Bn | 1.18 Bn | 12.34% |
| 3 | Coherent | 51.12 Bn | 49.13 Bn | 787.08 Mn | -24.11% |
| 4 | Teledyne Technologies | 29.28 Bn | 28.94 Bn | 738.10 Mn | 8.91% |
| 5 | Mks | 18.91 Bn | 18.30 Bn | 595.00 Mn | 10.62% |
| 6 | Fortive | 18.22 Bn | 17.84 Bn | 695.30 Mn | 7.63% |
| 7 | Trimble | 13.98 Bn | 13.76 Bn | 674.90 Mn | 8.74% |
| 8 | Cognex | 10.07 Bn | 9.67 Bn | 205.77 Mn | 12.71% |
| 9 | Esco Technologies | 7.47 Bn | 7.39 Bn | 141.52 Mn | 10.91% |
| 10 | Mind Technology | 41.09 Mn | 23.39 Mn | 4.10 Mn | 8.60% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 8.60% |
| Jan 31, 2026 | 6.99% |
| Oct 31, 2025 | 16.00% |
| Jul 31, 2025 | 22.66% |
| Apr 30, 2025 | 19.72% |
| Jan 31, 2025 | 24.55% |
| Oct 31, 2024 | 23.59% |
| Jul 31, 2024 | 12.62% |
| Apr 30, 2024 | 3.46% |
| Jan 31, 2024 | 2.42% |
| Oct 31, 2023 | -5.00% |
| Jul 31, 2023 | -12.05% |
| Apr 30, 2023 | -14.70% |
| Jan 31, 2023 | -25.73% |
| Oct 31, 2022 | -48.94% |
| Jul 31, 2022 | -39.42% |
| Apr 30, 2022 | -46.31% |
| Jan 31, 2022 | -60.40% |
| Oct 31, 2021 | -48.72% |
| Jul 31, 2021 | -46.55% |