Strategy (MSTR) Return on Capital Employed (2011 - 2026)
Strategy recorded quarterly Return on Capital Employed of 24.31% in Q1 2026, down 199.95% quarter-over-quarter from 8.1% in Q4 2025, and down 241.0% year-over-year from 17.24% in Q1 2025.
Strategy's Return on Capital Employed history runs 16 years deep, the most recent figure standing at 24.31% for Q1 2026.
- In Q1 2026, Return on Capital Employed fell 241.0% year-over-year to 24.31%; the TTM figure through Mar 2026 stood at 24.31% (down 241.0% YoY), while the FY2025 annual figure was 12.58%, down 18.0% from the prior year.
- Return on Capital Employed came in at 24.31% for Q1 2026 at Strategy, down 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 plunged 3254 bps in 2022 and jumped 5598 bps in 2023, its largest moves.
- Strategy's Return on Capital Employed stood at 59.05% in 2022, then jumped by 95 bps to 3.07% in 2023, then plunged by 260 bps to 11.07% in 2024, then rose by 27 bps to 8.1% in 2025, then tumbled by 200 bps to 24.31% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 24.31%, 8.1%, and 15.95% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 40.19% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 12.51% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 12.81% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 12.40% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 12.32% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 17.43% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 49.21% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | -20.99% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 23.43% |
| 10 | Strategy | 53.39 Bn | 53.39 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% |
| Mar 31, 2021 | -11.77% |
| Dec 31, 2020 | -1.63% |
| Sep 30, 2020 | -0.78% |
| Jun 30, 2020 | 3.40% |
| Mar 31, 2020 | 1.48% |
| Jun 30, 2019 | -1.58% |
| Mar 31, 2019 | -1.17% |
| Dec 31, 2018 | 0.64% |
| Sep 30, 2018 | 3.28% |
| Jun 30, 2018 | 5.30% |
| Mar 31, 2018 | 7.81% |
| Dec 31, 2017 | 12.15% |
| Sep 30, 2017 | 15.07% |
| Jun 30, 2017 | 16.97% |
| Mar 31, 2017 | 18.69% |
| Dec 31, 2016 | 19.33% |
| Sep 30, 2016 | 21.65% |
| Jun 30, 2016 | 22.94% |
| Mar 31, 2016 | 27.38% |
| Dec 31, 2015 | 28.53% |
| Sep 30, 2015 | 27.67% |
| Jun 30, 2015 | 20.47% |
| Mar 31, 2015 | 9.68% |
| Dec 31, 2014 | 1.41% |
| Sep 30, 2014 | -2.79% |
| Jun 30, 2014 | 2.69% |
| Mar 31, 2014 | 5.67% |
| Dec 31, 2013 | 5.79% |
| Sep 30, 2013 | 4.49% |
| Jun 30, 2013 | 3.10% |
| Mar 31, 2013 | 7.72% |
| Dec 31, 2012 | 13.36% |
| Sep 30, 2012 | 14.25% |
| Jun 30, 2012 | 11.48% |
| Mar 31, 2012 | 9.20% |
| Dec 31, 2011 | 9.65% |
| Sep 30, 2011 | 11.57% |