Stablecoin Development (SDEV) Return on Capital Employed [ROCE] (2011 - 2026)
Stablecoin Development (SDEV) recorded Return on Capital Employed [ROCE] of 14.26% in Q3 2026, up 234.12 percentage points from -219.86% a year earlier and up 36.96 percentage points from the prior quarter.
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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 six consecutive quarters, with an average year-over-year change of +118.90 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 -22.70% (Q2 2026), 18.87% (Q1 2026) and -164.86% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 188.61 Bn | 131.13 Bn | - | - |
| 2 | Spdr Gold Trust | 136.81 Bn | -421.19 Bn | - | - |
| 3 | Blackstone | 99.39 Bn | 89.38 Bn | - | - |
| 4 | Brookfield | 95.83 Bn | -87.48 Bn | - | - |
| 5 | Kkr | 88.43 Bn | 8.57 Bn | - | - |
| 6 | Brookfield Asset Management | 86.29 Bn | 81.09 Bn | - | - |
| 7 | Apollo Global Management | 73.29 Bn | -12.87 Bn | 4.14 Bn | - |
| 8 | Wheaton Precious Metals | 65.21 Bn | 60.63 Bn | 687.86 Mn | 21.24% |
| 9 | Franco Nevada | 50.80 Bn | 48.16 Bn | 451.00 Mn | 20.87% |
| 10 | Stablecoin Development | 158.53 Mn | 118.04 Mn | - | 14.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 14.26% |
| Jun 30, 2026 | -22.70% |
| Mar 31, 2026 | 18.87% |
| Dec 31, 2025 | -164.86% |
| Sep 30, 2025 | -219.86% |
| 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% |
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();