Pure Cycle (PCYO) Return on Capital Employed (2011 - 2026)
Pure Cycle (PCYO) posted quarterly Return on Capital Employed of 7.88% for Q2 2026, up 126.0% year-over-year from 3.49% in Q2 2025, and up 4.1% quarter-over-quarter from 7.57% in Q1 2026.
Pure Cycle (PCYO) Return on Capital Employed (2011 - 2026) Analysis & Trends
Pure Cycle (PCYO) has reported Return on Capital Employed for 16 consecutive years, with 7.88% the latest figure, recorded in Q2 2026.
- In Q2 2026, Return on Capital Employed rose 126.0% year-over-year to 7.88%; the TTM figure through May 2026 stood at 7.88% (up 126.0% YoY), while the FY2025 annual figure was 5.36%, down 399.0% from the prior year.
- Return on Capital Employed climbed to 7.88% in Q2 2026 per PCYO's latest filing, from 7.57% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 9.1% in Q3 2024 and bottomed at 1.67% in Q3 2023.
- Historically, Return on Capital Employed has averaged 6.08% across 5 years, with a median of 6.31% in 2022.
- Annual changes were most pronounced in 2023 — Return on Capital Employed sank 739 bps — and 2024, when it surged 743 bps.
- Pure Cycle's Return on Capital Employed stood at 5.99% in 2022, then declined by 30 bps to 4.2% in 2023, then soared by 107 bps to 8.68% in 2024, then retreated by 23 bps to 6.72% in 2025, then climbed by 17 bps to 7.88% in 2026.
- Business Quant data shows PCYO's Return on Capital Employed at 7.88% in Q2 2026, 7.57% in Q1 2026, and 6.72% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 26.66 Bn | 26.47 Bn | - | 5.99% |
| 2 | Essential Utilities | 11.36 Bn | 11.35 Bn | - | 4.68% |
| 3 | American States Water | 3.38 Bn | 3.36 Bn | 278.03 Mn | 8.10% |
| 4 | California Water Service | 3.02 Bn | 2.93 Bn | 263.45 Mn | 3.50% |
| 5 | H2O America | 2.60 Bn | 2.49 Bn | 197.11 Mn | 3.41% |
| 6 | Middlesex Water | 1.09 Bn | 1.09 Bn | - | 4.63% |
| 7 | Consolidated Water | 517.12 Mn | 390.79 Mn | 10.92 Mn | 7.47% |
| 8 | York Water | 517.01 Mn | 516.45 Mn | - | 4.50% |
| 9 | Artesian Resources | 362.21 Mn | 357.96 Mn | 26.56 Mn | 3.42% |
| 10 | Pure Cycle | 274.66 Mn | 266.22 Mn | 4.29 Mn | 7.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 7.88% |
| Feb 28, 2026 | 7.57% |
| Nov 30, 2025 | 6.72% |
| Aug 31, 2025 | 5.28% |
| May 31, 2025 | 6.63% |
| Feb 28, 2025 | 7.89% |
| Nov 30, 2024 | 8.68% |
| Aug 31, 2024 | 9.10% |
| May 31, 2024 | 3.49% |
| Feb 29, 2024 | 4.00% |
| Nov 30, 2023 | 4.20% |
| Aug 31, 2023 | 1.67% |
| May 31, 2023 | 7.06% |
| Feb 28, 2023 | 4.47% |
| Nov 30, 2022 | 5.99% |
| Aug 31, 2022 | 9.06% |
| May 31, 2022 | 5.08% |
| Feb 28, 2022 | 4.75% |
| Nov 30, 2021 | 5.38% |
| Aug 31, 2021 | 5.23% |