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
DateValue
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%