N-able (NABL) Return on Invested Capital [ROIC] (2021 - 2026)
N-able's Return on Invested Capital [ROIC] came in at 0.00% for Q2 2026, down 0.65 percentage points from 0.65% a year earlier and unchanged from the prior quarter.
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Analysis
N-able (NABL) Return on Invested Capital [ROIC] (2021 - 2026) Analysis & Trends
For FY2025, N-able's Return on Invested Capital [ROIC] was 2.96%, down 1.39 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a four-year change of +2.92 percentage points (FY2021 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 4.35% in FY2024 (+0.65 pp), 3.70% in FY2023 (+1.01 pp), 2.69% in FY2022 (+2.65 pp) and 0.04% in FY2021.
- The five-year range for quarterly Return on Invested Capital [ROIC] is 0.00% (Q3 2025) to 4.71% (Q3 2024).
- Year-over-year, Return on Invested Capital [ROIC] has declined for six consecutive quarters, with an average year-over-year change of -1.59 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q4 2022 (a gain of 2.69 percentage points), and the weakest in Q3 2025 (a drop of 4.71 percentage points).
- Business Quant data shows NABL's Return on Invested Capital [ROIC] at 0.00% (Q1 2026), 2.90% (Q4 2025) and 0.00% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 328.64 Bn | 313.71 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 276.50 Bn | 256.94 Bn | 1.10 Bn | -2.11% |
| 3 | Fortinet | 132.74 Bn | 118.67 Bn | 1.64 Bn | 111.71% |
| 4 | Snowflake | 120.19 Bn | 107.50 Bn | 1.04 Bn | - |
| 5 | Datadog | 99.51 Bn | 81.15 Bn | 881.34 Mn | - |
| 6 | Okta | 35.35 Bn | 25.44 Bn | 641.00 Mn | 2.98% |
| 7 | Axon Enterprise | 33.58 Bn | 28.10 Bn | 546.45 Mn | 0.45% |
| 8 | Zscaler | 32.06 Bn | 18.18 Bn | - | - |
| 9 | MongoDB | 28.84 Bn | 19.30 Bn | 569.77 Mn | - |
| 10 | N-able | 800.96 Mn | 354.06 Mn | 106.20 Mn | 0.00% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.00% |
| Mar 31, 2026 | 0.00% |
| Dec 31, 2025 | 2.90% |
| Sep 30, 2025 | 0.00% |
| Jun 30, 2025 | 0.65% |
| Mar 31, 2025 | 2.51% |
| Dec 31, 2024 | 4.25% |
| Sep 30, 2024 | 4.71% |
| Jun 30, 2024 | 4.44% |
| Mar 31, 2024 | 4.06% |
| Dec 31, 2023 | 3.64% |
| Sep 30, 2023 | 3.46% |
| Jun 30, 2023 | 2.64% |
| Mar 31, 2023 | 2.59% |
| Dec 31, 2022 | 2.72% |
| Sep 30, 2022 | 2.18% |
| Jun 30, 2022 | 2.23% |
| Mar 31, 2022 | 1.76% |
| Dec 31, 2021 | 0.03% |
API Access
N-able Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=NABL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "NABL", "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-invested-capital-%5Broic%5D&ticker=NABL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();