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

Mind Technology (MIND) posted quarterly Return on Capital Employed of 8.6% for Q2 2026, up 826.0% YoY from 0.93% in Q2 2025, and up 23.01% sequentially from 6.99% in Q1 2026.

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

Mind Technology has disclosed Return on Capital Employed across 16 years of filings, most recently posting 8.6% for Q2 2026.

  • In Q2 2026, Return on Capital Employed rose 826.0% year-over-year to 8.6%; the TTM figure through Apr 2026 stood at 8.6% (up 826.0% YoY), while the FY2026 annual figure was 8.04%, up 244.0% from the prior year.
  • Return on Capital Employed advanced to 8.6% in Q2 2026, from 6.99% in the prior quarter.
  • Over the last five years, Return on Capital Employed for MIND reached as high as 23.59% in Q4 2024 and fell as low as 52.01% in Q1 2022.
  • The 5-year median for Return on Capital Employed is 3.99% (2024), against an average of 5.16%.
  • Annual changes were most pronounced in 2022 — Return on Capital Employed tumbled 4354 bps — and 2023, when it jumped 6266 bps.
  • 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 tumbled by 97 bps to 0.65% in 2025, then soared by 1224 bps to 8.6% in 2026.
  • According to Business Quant data, Return on Capital Employed over the past three periods registered 8.6%, 6.99%, and 0.65% for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Coherent 3,591.32 Bn 3,590.02 Bn 679.95 Mn -26.06%
2 Novanta 69.39 Bn 69.00 Bn 113.58 Mn 5.63%
3 Keysight Technologies 57.75 Bn 55.57 Bn 995.00 Mn 9.45%
4 Teledyne Technologies 30.63 Bn 30.33 Bn 673.80 Mn 8.78%
5 Fortive 19.14 Bn 18.79 Bn 675.50 Mn 7.88%
6 Trimble 12.33 Bn 12.10 Bn 646.30 Mn 8.21%
7 Cognex 11.87 Bn 11.58 Bn 190.94 Mn 10.78%
8 Sensata Technologies Holding 6.78 Bn 6.14 Bn 286.30 Mn 4.26%
9 Garmin 4.63 Bn 1.93 Bn 1.04 Bn 20.58%
10 Mind Technology 42.95 Mn 25.25 Mn 4.10 Mn 8.60%

Historic Data

Download Data
DateValue
Apr 30, 2026 8.60%
Jan 31, 2026 6.99%
Oct 31, 2025 0.65%
Jul 31, 2025 4.52%
Apr 30, 2025 0.34%
Jan 31, 2025 5.34%
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%