Strategy (MSTR) Return on Capital Employed (2011 - 2026)
Strategy (MSTR) reported Return on Capital Employed of 24.31% for Q1 2026, down 241.0% on a YoY basis from 17.24% in Q1 2025, and down 199.95% sequentially from 8.1% in Q4 2025.
Strategy (MSTR) Return on Capital Employed (2011 - 2026) Analysis & Trends
Strategy (MSTR) has 16 years of Return on Capital Employed data on file, last reported at 24.31% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed fell 241.0% year-over-year to 24.31%; the trailing twelve-month figure through Mar 2026 stood at 24.31% (down 241.0% YoY), and the FY2025 full-year result was 12.58%, down 18.0% from the prior year.
- Return on Capital Employed retreated to 24.31% in Q1 2026, from 8.1% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 15.95% in Q3 2025 to a low of 59.05% in Q4 2022.
- A 5-year average of 18.2% and a median of 11.07% in 2024 frame the typical range for Return on Capital Employed.
- Across the five-year window, Return on Capital Employed tumbled 3254 bps in 2022 and soared 5598 bps in 2023, its largest moves.
- Tracing MSTR's Return on Capital Employed over 5 years: stood at 59.05% in 2022, then surged by 95 bps to 3.07% in 2023, then slumped by 260 bps to 11.07% in 2024, then grew by 27 bps to 8.1% in 2025, then sank by 200 bps to 24.31% in 2026.
- Business Quant data shows MSTR's Return on Capital Employed at 24.31% in Q1 2026, 8.1% in Q4 2025, and 15.95% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 40.19% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | 9.52% |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 12.40% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 12.81% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 10.65% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 10.59% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | -7.29% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -25.94% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 17.43% |
| 10 | Strategy | 31.26 Bn | 29.06 Bn | 83.35 Mn | -24.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -24.31% |
| Dec 31, 2025 | -8.10% |
| Sep 30, 2025 | 15.95% |
| Jun 30, 2025 | 12.33% |
| Mar 31, 2025 | -21.90% |
| Dec 31, 2024 | -11.07% |
| Sep 30, 2024 | -11.87% |
| Jun 30, 2024 | -7.54% |
| Mar 31, 2024 | -5.69% |
| Dec 31, 2023 | -3.07% |
| Sep 30, 2023 | -8.58% |
| Jun 30, 2023 | -8.03% |
| Mar 31, 2023 | -46.80% |
| Dec 31, 2022 | -59.05% |
| Sep 30, 2022 | -53.11% |
| Jun 30, 2022 | -45.07% |
| Mar 31, 2022 | -23.42% |
| Dec 31, 2021 | -26.51% |
| Sep 30, 2021 | -25.35% |
| Jun 30, 2021 | -27.33% |