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
DateValue
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%