Nvidia (NVDA) Return on Capital Employed (2009 - 2026)
Nvidia's (NVDA) quarterly Return on Capital Employed came in at 85.75% in Q2 2026, down 804.0% YoY from 12.18% in Q2 2025, and little changed on a QoQ basis from 85.89% in Q1 2026.
Nvidia (NVDA) Return on Capital Employed (2009 - 2026) Analysis & Trends
Nvidia (NVDA) has 18 years of Return on Capital Employed data on file, last reported at 85.75% in Q2 2026.
- Quarterly Return on Capital Employed fell 804.0% year-over-year to 85.75% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 85.75% (down 804.0% YoY) and the FY2026 annual result came in at 102.64%, down 1271.0% from the prior year.
- Return on Capital Employed was little changed at 85.75% in Q2 2026, from 85.89% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 94.98% in Q1 2025 to a low of 12.32% in Q1 2023.
- A 5-year average of 54.26% and a median of 54.6% in 2023 frame the typical range for Return on Capital Employed.
- Annual changes were most pronounced in 2023 — Return on Capital Employed sank 1405 bps — and 2025, when it soared 5545 bps.
- Tracing NVDA's Return on Capital Employed over 5 years: stood at 16.9% in 2022, then jumped by 185 bps to 48.22% in 2023, then soared by 61 bps to 77.63% in 2024, then grew by 14 bps to 88.19% in 2025, then fell by 3 bps to 85.75% in 2026.
- The last three Return on Capital Employed figures came in at 85.75% (Q2 2026), 85.89% (Q1 2026), and 88.19% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 10,545.90 Bn | 10,447.64 Bn | 23.77 Bn | 12.74% |
| 2 | Nvidia | 5,009.72 Bn | 4,966.24 Bn | 61.16 Bn | 85.75% |
| 3 | Broadcom | 1,857.88 Bn | 1,838.25 Bn | 15.42 Bn | 21.04% |
| 4 | Micron Technology | 938.47 Bn | 912.45 Bn | 35.06 Bn | 60.25% |
| 5 | Advanced Micro Devices | 789.52 Bn | 777.17 Bn | 5.42 Bn | 6.44% |
| 6 | Intel | 463.88 Bn | 434.15 Bn | 6.51 Bn | -0.05% |
| 7 | Aeluma | 302.44 Bn | 302.40 Bn | 386,000.00 | -11.35% |
| 8 | Arm Holdings | 254.34 Bn | 250.45 Bn | 1.25 Bn | 9.00% |
| 9 | Texas Instruments | 245.02 Bn | 238.02 Bn | 3.35 Bn | 22.74% |
| 10 | Analog Devices | 176.28 Bn | 172.84 Bn | 2.44 Bn | 9.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 26, 2026 | 85.75% |
| Jan 25, 2026 | 85.89% |
| Oct 26, 2025 | 88.19% |
| Jul 27, 2025 | 88.27% |
| Apr 27, 2025 | 93.79% |
| Jan 26, 2025 | 94.98% |
| Oct 27, 2024 | 77.63% |
| Jul 28, 2024 | 68.63% |
| Apr 28, 2024 | 60.99% |
| Jan 28, 2024 | 39.53% |
| Oct 29, 2023 | 48.22% |
| Jul 30, 2023 | 29.44% |
| Apr 30, 2023 | 12.64% |
| Jan 29, 2023 | 12.32% |
| Oct 30, 2022 | 16.90% |
| Jul 31, 2022 | 21.78% |
| May 1, 2022 | 25.43% |
| Jan 30, 2022 | 26.37% |
| Oct 31, 2021 | 23.81% |
| Aug 1, 2021 | 24.13% |