Stablecoin Development (SDEV) Return on Capital Employed [ROCE] (2011 - 2026)
Stablecoin Development (SDEV) recorded Return on Capital Employed [ROCE] of -22.70% in Q2 2026, up 115.79 percentage points from -138.49% a year earlier but down 41.57 percentage points from the prior quarter.
Powered by 
Analysis
Stablecoin Development (SDEV) Return on Capital Employed [ROCE] (2011 - 2026) Analysis & Trends
For FY2025, Stablecoin Development reported Return on Capital Employed [ROCE] of -165.89%, up 52.07 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has a five-year change of -104.08 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at -217.96% in FY2024 (-169.35 pp), -48.61% in FY2023 (+41.88 pp), -90.49% in FY2022 (-35.67 pp) and -54.82% in FY2021 (+6.99 pp).
- Quarterly Return on Capital Employed [ROCE] has ranged from -914.37% in Q4 2024 to 18.87% in Q1 2026 over the past five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased for five consecutive quarters, with an average year-over-year change of +62.49 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 749.52 percentage points in Q4 2025, against a drop of 852.83 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 18.87% (Q1 2026), -164.86% (Q4 2025) and -218.74% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 174.75 Bn | 120.88 Bn | - | - |
| 2 | Spdr Gold Trust | 137.39 Bn | -420.61 Bn | - | - |
| 3 | Blackstone | 85.63 Bn | 75.61 Bn | - | - |
| 4 | Brookfield | 81.94 Bn | -101.37 Bn | - | - |
| 5 | Kkr | 77.88 Bn | -1.97 Bn | - | - |
| 6 | Brookfield Asset Management | 72.12 Bn | 66.93 Bn | - | - |
| 7 | Apollo Global Management | 65.73 Bn | -17.07 Bn | 10.56 Bn | - |
| 8 | Wheaton Precious Metals | 59.93 Bn | 55.35 Bn | 687.86 Mn | 21.24% |
| 9 | Franco Nevada | 46.57 Bn | 43.94 Bn | 451.00 Mn | 20.87% |
| 10 | Stablecoin Development | 25.28 Mn | -10.36 Mn | - | -22.70% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -22.70% |
| Mar 31, 2026 | 18.87% |
| Dec 31, 2025 | -164.86% |
| Sep 30, 2025 | -218.74% |
| Jun 30, 2025 | -138.49% |
| Mar 31, 2025 | -233.99% |
| Dec 31, 2024 | -914.37% |
| Sep 30, 2024 | -345.28% |
| Jun 30, 2024 | -544.52% |
| Mar 31, 2024 | -154.30% |
| Dec 31, 2023 | -61.55% |
| Sep 30, 2023 | -126.99% |
| Jun 30, 2023 | -131.32% |
| Mar 31, 2023 | -119.58% |
| Dec 31, 2022 | -95.28% |
| Sep 30, 2022 | -44.85% |
| Jun 30, 2022 | -51.34% |
| Mar 31, 2022 | -49.61% |
| Dec 31, 2021 | -60.42% |
| Sep 30, 2021 | -73.91% |
API Access
Stablecoin Development 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=SDEV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "SDEV", "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=SDEV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();