PubMatic (PUBM) Return on Capital Employed [ROCE] (2021 - 2026)
PubMatic (PUBM) recorded Return on Capital Employed [ROCE] of -5.66% in Q2 2026, down 4.28 percentage points from -1.39% a year earlier but up 1.19 percentage points from the prior quarter.
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Analysis
PubMatic (PUBM) Return on Capital Employed [ROCE] (2021 - 2026) Analysis & Trends
For FY2025, PubMatic reported Return on Capital Employed [ROCE] of -5.17%, down 6.48 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has a four-year change of -35.51 percentage points (FY2021 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at 1.32% in FY2024 (+0.61 pp), 0.70% in FY2023 (-13.07 pp), 13.77% in FY2022 (-16.57 pp) and 30.34% in FY2021.
- Quarterly Return on Capital Employed [ROCE] has ranged from -6.85% in Q1 2026 to 26.74% in Q3 2021 over the past five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined for six consecutive quarters, with an average year-over-year change of -3.49 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 3.94 percentage points in Q3 2024, against a drop of 17.57 percentage points in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -6.85% (Q1 2026), -5.71% (Q4 2025) and -3.82% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,109.95 Bn | 3,867.48 Bn | 73.85 Bn | 21.49% |
| 2 | Netflix | 282.52 Bn | 242.72 Bn | 6.52 Bn | 30.16% |
| 3 | Alibaba Group Holding | 249.53 Bn | 67.40 Bn | 15.11 Bn | 2.77% |
| 4 | Shopify | 193.10 Bn | 170.29 Bn | 1.71 Bn | 14.37% |
| 5 | Uber Technologies | 138.52 Bn | 110.49 Bn | 6.38 Bn | 13.97% |
| 6 | Booking Holdings | 120.43 Bn | 53.48 Bn | - | 121.68% |
| 7 | PDD Holdings | 108.89 Bn | -143.04 Bn | 9.45 Bn | 22.53% |
| 8 | Spotify Technology | 101.14 Bn | 58.37 Bn | 1.86 Bn | 19.81% |
| 9 | Airbnb | 94.68 Bn | 47.91 Bn | 2.98 Bn | 28.23% |
| 10 | PubMatic | 870.91 Mn | 306.46 Mn | 52.72 Mn | -5.66% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -5.66% |
| Mar 31, 2026 | -6.85% |
| Dec 31, 2025 | -5.71% |
| Sep 30, 2025 | -3.82% |
| Jun 30, 2025 | -1.39% |
| Mar 31, 2025 | -0.69% |
| Dec 31, 2024 | 1.33% |
| Sep 30, 2024 | 3.31% |
| Jun 30, 2024 | 3.70% |
| Mar 31, 2024 | 2.08% |
| Dec 31, 2023 | 0.74% |
| Sep 30, 2023 | -0.63% |
| Jun 30, 2023 | 2.67% |
| Mar 31, 2023 | 6.98% |
| Dec 31, 2022 | 12.66% |
| Sep 30, 2022 | 16.91% |
| Jun 30, 2022 | 20.25% |
| Mar 31, 2022 | 17.54% |
| Dec 31, 2021 | 25.83% |
| Sep 30, 2021 | 26.74% |
API Access
PubMatic 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=PUBM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "PUBM", "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=PUBM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();