On24 (ONTF) Return on Capital Employed (2021 - 2025)
On24 (ONTF) reported Return on Capital Employed of 24.88% for Q4 2025, up 624.0% on a YoY basis from 3.44% in Q4 2024, and up 3.5% quarter-over-quarter from 25.79% in Q3 2025.
On24 (ONTF) Return on Capital Employed (2021 - 2025) Analysis & Trends
On24 has reported Return on Capital Employed for 5 years, with the latest figure at 24.88% in Q4 2025.
- For the quarter ending Q4 2025, Return on Capital Employed rose 624.0% year-over-year to 24.88%; the trailing twelve-month figure through Dec 2025 stood at 24.88% (up 624.0% YoY), and the FY2025 full-year result was 22.81%, up 574.0% from the prior year.
- Return on Capital Employed for Q4 2025 stood at 24.88%, up from 25.79% in the prior quarter.
- The five-year high for Return on Capital Employed was 10.47% in Q1 2021, with the low at 33.15% in Q4 2023.
- Historically, Return on Capital Employed has averaged 19.6% across 5 years, with a median of 24.65% in 2023.
- Annual changes were most pronounced in 2022 — Return on Capital Employed sank 2087 bps — and 2025, when it jumped 624 bps.
- On24's Return on Capital Employed stood at 6.48% in 2021, then slumped by 190 bps to 18.79% in 2022, then slumped by 76 bps to 33.15% in 2023, then gained by 6 bps to 31.13% in 2024, then grew by 20 bps to 24.88% in 2025.
- The last three Return on Capital Employed figures came in at 24.88% (Q4 2025), 25.79% (Q3 2025), and 28.27% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 40.19% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 9.54% |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 12.81% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 12.40% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 10.65% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 17.43% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 12.32% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | -20.99% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 51.24% |
| 10 | On24 | - | - | 25.94 Mn | -24.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -24.88% |
| Sep 30, 2025 | -25.79% |
| Jun 30, 2025 | -28.27% |
| Mar 31, 2025 | -30.47% |
| Dec 31, 2024 | -31.13% |
| Sep 30, 2024 | -29.89% |
| Jun 30, 2024 | -29.02% |
| Mar 31, 2024 | -29.73% |
| Dec 31, 2023 | -33.15% |
| Sep 30, 2023 | -29.58% |
| Jun 30, 2023 | -24.41% |
| Mar 31, 2023 | -20.87% |
| Dec 31, 2022 | -18.79% |
| Sep 30, 2022 | -16.79% |
| Jun 30, 2022 | -14.89% |
| Mar 31, 2022 | -10.40% |
| Dec 31, 2021 | -6.48% |
| Sep 30, 2021 | -1.18% |
| Jun 30, 2021 | 3.18% |
| Mar 31, 2021 | 10.47% |