Mind Technology (MIND) Return on Capital Employed [ROCE] (2011 - 2026)
Mind Technology (MIND) posted Return on Capital Employed [ROCE] of -2.19% for fiscal Q2 2027 (quarter ended Jul 31, 2026), down 24.85 percentage points from 22.66% a year earlier and down 10.79 percentage points from the prior quarter.
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Analysis
Mind Technology (MIND) Return on Capital Employed [ROCE] (2011 - 2026) Analysis & Trends
For FY2026 (ended Jan 31, 2026), Mind Technology's Return on Capital Employed [ROCE] came in at 8.04%, down 17.73 percentage points from FY2025.
- Annual Return on Capital Employed [ROCE] shows a five-year change of +42.85 percentage points (FY2021 to FY2026).
- In prior fiscal years, Mind Technology's Return on Capital Employed [ROCE] was 25.77% in FY2025 (+23.50 pp), 2.26% in FY2024 (+22.08 pp), -19.82% in FY2023 (+28.35 pp) and -48.17% in FY2022 (-13.36 pp).
- The fiscal Q2 2027 figure stands as the lowest quarterly Return on Capital Employed [ROCE] since fiscal Q3 2024.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined in each of the last four quarters, with an average year-over-year change of +1.99 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was fiscal Q3 2024, with a gain of 43.94 percentage points; the weakest was fiscal Q2 2027, with a drop of 24.85 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior fiscal quarters was 8.60% (Q1 2027), 6.99% (Q4 2026) and 16.00% (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 379.87 Bn | 351.57 Bn | 7.76 Bn | 22.08% |
| 2 | Amphenol | 211.41 Bn | 206.11 Bn | 3.55 Bn | 23.04% |
| 3 | Deere | 179.93 Bn | 188.69 Bn | 4.66 Bn | - |
| 4 | Eaton | 169.93 Bn | 167.16 Bn | 2.86 Bn | 12.16% |
| 5 | Parker-Hannifin | 121.78 Bn | 119.91 Bn | 2.25 Bn | 18.77% |
| 6 | Vertiv Holdings | 94.75 Bn | 85.37 Bn | 1.23 Bn | 29.36% |
| 7 | Emerson Electric | 88.42 Bn | 81.17 Bn | 2.66 Bn | 14.90% |
| 8 | 3M | 84.08 Bn | 65.54 Bn | 2.68 Bn | 19.43% |
| 9 | Illinois Tool Works | 74.29 Bn | 70.85 Bn | 1.90 Bn | 41.86% |
| 10 | Mind Technology | 41.72 Mn | -30.28 Mn | 2.09 Mn | -2.19% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -2.19% |
| 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 | -40.37% |
| Jan 31, 2022 | -52.01% |
| Oct 31, 2021 | -48.72% |
API Access
Mind Technology 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=MIND&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "MIND", "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=MIND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();