Q2 Holdings (QTWO) Return on Capital Employed [ROCE] (2014 - 2026)
Q2 Holdings (QTWO) recorded Return on Capital Employed [ROCE] of 10.00% in Q2 2026, up 10.37 percentage points from -0.37% a year earlier and up 0.65 percentage points from the prior quarter.
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Analysis
Q2 Holdings (QTWO) Return on Capital Employed [ROCE] (2014 - 2026) Analysis & Trends
For FY2025, Q2 Holdings reported Return on Capital Employed [ROCE] of 5.38%, up 10.36 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has increased for three straight years, with a five-year change of +14.74 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at -4.98% in FY2024 (+2.96 pp), -7.94% in FY2023 (+0.97 pp), -8.91% in FY2022 (-2.59 pp) and -6.33% in FY2021 (+3.03 pp).
- The Q2 2026 figure is the highest quarterly Return on Capital Employed [ROCE] in data going back to Q1 2014.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased for 11 consecutive quarters, with an average year-over-year change of +7.57 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 12.27 percentage points in Q1 2026, against a drop of 3.16 percentage points in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 9.36% (Q1 2026), 4.94% (Q4 2025) and 3.18% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 49.93 Bn | 6.74 Bn | - | 3.03% |
| 2 | PayPal Holdings | 45.74 Bn | 3.96 Bn | - | 17.89% |
| 3 | Block | 44.49 Bn | 15.75 Bn | 3.17 Bn | 4.02% |
| 4 | Iren | 30.93 Bn | 18.53 Bn | 103.89 Mn | -11.25% |
| 5 | Corpay | 25.61 Bn | 15.81 Bn | - | 20.94% |
| 6 | Fiserv | 24.13 Bn | 20.83 Bn | 2.90 Bn | 8.26% |
| 7 | Global Payments | 21.34 Bn | -222.16 Mn | 2.03 Bn | 2.55% |
| 8 | Bitmine Immersion Technologies | 15.51 Bn | 12.89 Bn | 40.81 Mn | -82.57% |
| 9 | Guidewire Software | 12.73 Bn | 9.30 Bn | 269.68 Mn | 7.92% |
| 10 | Q2 Holdings | 3.52 Bn | 2.04 Bn | 130.20 Mn | 10.00% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.00% |
| Mar 31, 2026 | 9.36% |
| Dec 31, 2025 | 4.94% |
| Sep 30, 2025 | 3.18% |
| Jun 30, 2025 | -0.37% |
| Mar 31, 2025 | -2.91% |
| Dec 31, 2024 | -4.78% |
| Sep 30, 2024 | -5.59% |
| Jun 30, 2024 | -6.66% |
| Mar 31, 2024 | -7.73% |
| Dec 31, 2023 | -8.62% |
| Sep 30, 2023 | -10.05% |
| Jun 30, 2023 | -10.34% |
| Mar 31, 2023 | -9.59% |
| Dec 31, 2022 | -9.11% |
| Sep 30, 2022 | -7.66% |
| Jun 30, 2022 | -7.18% |
| Mar 31, 2022 | -6.81% |
| Dec 31, 2021 | -6.42% |
| Sep 30, 2021 | -6.64% |
API Access
Q2 Holdings 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=QTWO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "QTWO", "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=QTWO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();