On24 (ONTF) Return on Capital Employed (2021 - 2025)
On24 posted quarterly Return on Capital Employed of 24.88% for Q4 2025, up 624.0% year-on-year from 3.44% in Q4 2024, and up 3.5% on a QoQ basis from 25.79% in Q3 2025.
On24 (ONTF) has 5 years of Return on Capital Employed data on file, last reported 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.
- Across five years, Return on Capital Employed topped out at 10.47% in Q1 2021 and bottomed at 33.15% in Q4 2023.
- The 5-year median for Return on Capital Employed is 24.65% (2023), against an average of 19.6%.
- The widest annual swing landed in 2022, when Return on Capital Employed tumbled 2087 bps; it then jumped 624 bps in 2025.
- A 5-year view of Return on Capital Employed shows it stood at 6.48% in 2021, then sank by 190 bps to 18.79% in 2022, then sank by 76 bps to 33.15% in 2023, then advanced by 6 bps to 31.13% in 2024, then increased 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 40.19% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 12.51% |
| 3 | Uber Technologies | 147.39 Bn | 146.35 Bn | 11.88 Bn | 12.81% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 12.40% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 12.32% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 17.43% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 49.21% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | -20.99% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 23.43% |
| 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% |