Mind Technology (MIND) Return on Capital Employed (2011 - 2026)

Mind Technology (MIND) reported Return on Capital Employed of 6.99% for Q1 2026, down 1756.0% year-over-year from 0.42% in Q1 2025, and down 56.27% quarter-over-quarter from 16.0% in Q4 2025.

Mind Technology (MIND) Return on Capital Employed (2011 - 2026) Analysis & Trends

Mind Technology (MIND) has 16 years of Return on Capital Employed data on file, last reported at 6.99% in Q1 2026.

  • Return on Capital Employed for Q1 2026 came in at 6.99%, down 1756.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 6.99% (down 1756.0% YoY), and the FY2026 annual result was 8.04%, down 1773.0% from the prior year.
  • Return on Capital Employed declined to 6.99% in Q1 2026 per MIND's latest filing, from 16.0% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 24.55% in Q1 2025 and troughed at 52.01% in Q1 2022.
  • A 5-year average of 1.73% and a median of 6.99% in 2026 frame the typical range for Return on Capital Employed.
  • The sharpest annual moves came in 2022 and 2023: Return on Capital Employed sank 4354 bps in 2022, then jumped 6266 bps in 2023.
  • A 5-year view of Return on Capital Employed shows it stood at 48.94% in 2022, then jumped by 128 bps to 13.73% in 2023, then surged by 72 bps to 23.59% in 2024, then sank by 32 bps to 16.0% in 2025, then sank by 56 bps to 6.99% in 2026.
  • Business Quant data shows MIND's Return on Capital Employed at 6.99% in Q1 2026, 16.0% in Q4 2025, and 22.66% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Coherent 67.67 Bn 66.37 Bn 679.95 Mn -26.06%
2 Keysight Technologies 57.00 Bn 54.83 Bn 995.00 Mn 9.45%
3 Garmin 45.82 Bn 43.12 Bn 1.04 Bn 20.58%
4 Teledyne Technologies 28.64 Bn 28.34 Bn 673.80 Mn 8.78%
5 Mks 21.67 Bn 21.10 Bn 507.00 Mn 8.73%
6 Fortive 19.42 Bn 19.07 Bn 675.50 Mn 7.88%
7 Trimble 12.42 Bn 12.19 Bn 646.30 Mn 8.21%
8 Cognex 10.23 Bn 9.94 Bn 190.94 Mn 10.78%
9 Esco Technologies 7.86 Bn 7.77 Bn 131.32 Mn 8.76%
10 Mind Technology 48.89 Mn 29.79 Mn 3.99 Mn 6.99%

Historic Data

Download Data
DateValue
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 13.73%
Jul 31, 2023 8.44%
Apr 30, 2023 4.60%
Jan 31, 2023 -7.39%
Oct 31, 2022 -48.94%
Jul 31, 2022 -39.42%
Apr 30, 2022 -40.37%
Jan 31, 2022 -52.01%
Oct 31, 2021 -5.40%
Jul 31, 2021 -5.85%
Apr 30, 2021 -5.04%