Nvidia (NVDA) Return on Capital Employed [ROCE] (2009 - 2026)
Nvidia (NVDA) posted Return on Capital Employed [ROCE] of 80.04% for fiscal Q2 2027 (quarter ended Jul 26, 2026), down 8.23 percentage points from 88.27% a year earlier and down 5.71 percentage points from the prior quarter.
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Analysis
Nvidia (NVDA) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2026 (ended Jan 25, 2026), Nvidia's Return on Capital Employed [ROCE] came in at 102.64%, down 12.71 percentage points from FY2025.
- Annual Return on Capital Employed [ROCE] shows a five-year change of +78.94 percentage points (FY2021 to FY2026).
- In prior fiscal years, Nvidia's Return on Capital Employed [ROCE] was 115.34% in FY2025 (+38.35 pp), 76.99% in FY2024 (+65.30 pp), 11.69% in FY2023 (-19.53 pp) and 31.23% in FY2022 (+7.53 pp).
- The fiscal Q2 2027 figure stands as the lowest quarterly Return on Capital Employed [ROCE] since fiscal Q4 2024.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined in each of the last five quarters, with an average year-over-year change of +6.39 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was fiscal Q1 2025, with a gain of 72.34 percentage points; the weakest was fiscal Q4 2023, with a drop of 14.05 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior fiscal quarters was 85.75% (Q1 2027), 85.89% (Q4 2026) and 88.19% (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,084.14 Bn | 4,858.30 Bn | 72.14 Bn | 80.04% |
| 2 | Taiwan Semiconductor Manufacturing | 2,168.94 Bn | 1,795.12 Bn | 27.22 Bn | 8.44% |
| 3 | Broadcom | 1,535.70 Bn | 1,461.75 Bn | 20.46 Bn | 26.30% |
| 4 | Micron Technology | 992.51 Bn | 898.15 Bn | 47.05 Bn | 72.24% |
| 5 | Advanced Micro Devices | 843.40 Bn | 800.15 Bn | 6.20 Bn | 9.27% |
| 6 | Asml Holding | 605.80 Bn | 561.49 Bn | 5.90 Bn | - |
| 7 | Intel | 438.54 Bn | 323.27 Bn | 6.51 Bn | -0.05% |
| 8 | Applied Materials | 299.38 Bn | 264.82 Bn | 4.59 Bn | 28.98% |
| 9 | Lam Research | 287.43 Bn | 263.48 Bn | 4.30 Bn | 54.76% |
| 10 | Texas Instruments | 260.14 Bn | 235.01 Bn | 3.89 Bn | 25.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 80.04% |
| 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 | 95.81% |
| Jul 28, 2024 | 88.69% |
| Apr 28, 2024 | 84.98% |
| Jan 28, 2024 | 66.87% |
| 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% |
API Access
Nvidia Return on Capital Employed [ROCE] 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-capital-employed-%5Broce%5D&ticker=NVDA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "NVDA", "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-capital-employed-%5Broce%5D&ticker=NVDA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();