Nvidia (NVDA) Return on Capital Employed (2009 - 2026)
Nvidia (NVDA) posted Return on Capital Employed of 85.75% for Q2 2026, little changed quarter-over-quarter from 85.89% in Q1 2026, and down 804.0% year-on-year from 12.18% in Q2 2025.
Nvidia (NVDA) Return on Capital Employed (2009 - 2026) Analysis & Trends
Nvidia (NVDA) has reported Return on Capital Employed for 18 consecutive years, with 85.75% the latest figure, recorded in Q2 2026.
- Return on Capital Employed for Q2 2026 came in at 85.75%, down 804.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 85.75% (down 804.0% YoY), and the FY2026 annual result was 102.64%, down 1271.0% from the prior year.
- Return on Capital Employed was 85.75% for Q2 2026 at Nvidia, roughly flat from 85.89% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 94.98% in Q1 2025 and troughed at 12.32% in Q1 2023.
- Average Return on Capital Employed over 5 years is 54.26%, with a median of 54.6% recorded in 2023.
- Year-over-year, Return on Capital Employed tumbled 1405 bps in 2023 and surged 5545 bps in 2025.
- Over 5 years, Return on Capital Employed 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 gained by 14 bps to 88.19% in 2025, then slipped by 3 bps to 85.75% in 2026.
- Per Business Quant data, the three most recent Return on Capital Employed figures were 85.75% in Q2 2026, 85.89% in Q1 2026, and 88.19% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 4,798.43 Bn | 4,754.95 Bn | 61.16 Bn | 85.75% |
| 2 | Micron Technology | 1,164.41 Bn | 1,138.39 Bn | 35.06 Bn | 60.25% |
| 3 | Advanced Micro Devices | 882.18 Bn | 869.83 Bn | 5.42 Bn | 6.44% |
| 4 | Intel | 645.64 Bn | 626.45 Bn | 5.35 Bn | -2.78% |
| 5 | Aeluma | 370.26 Bn | 370.22 Bn | 386,000.00 | -11.35% |
| 6 | Arm Holdings | 358.73 Bn | 355.13 Bn | 1.46 Bn | 9.57% |
| 7 | Texas Instruments | 271.25 Bn | 266.15 Bn | 2.80 Bn | 20.73% |
| 8 | Marvell Technology | 239.95 Bn | 236.10 Bn | 1.26 Bn | 6.23% |
| 9 | Qualcomm | 193.93 Bn | 184.13 Bn | 4.16 Bn | 25.06% |
| 10 | Analog Devices | 189.67 Bn | 186.23 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% |