Smart Sand (SND) Return on Capital Employed [ROCE] (2016 - 2026)
Smart Sand (SND) reported Return on Capital Employed [ROCE] of 2.74% for Q2 2026, up 5.63 percentage points from -2.89% a year earlier and up 3.53 percentage points from the prior quarter.
Smart Sand (SND) Return on Capital Employed [ROCE] (2016 - 2026) Analysis & Trends
For FY2025, Smart Sand posted Return on Capital Employed [ROCE] of -1.53%, down 2.53 percentage points from FY2024.
- Return on Capital Employed [ROCE] has a five-year change of +2.10 percentage points (FY2020 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at 1.00% in FY2024 (+1.50 pp), -0.50% in FY2023 (+0.49 pp), -0.99% in FY2022 (+17.03 pp) and -18.02% in FY2021 (-14.39 pp).
- The Q2 2026 figure ranks as the highest quarterly Return on Capital Employed [ROCE] since Q3 2020.
- Year over year, Return on Capital Employed [ROCE] gained in four of the last eight quarters, with an average year-over-year change of -0.23 percentage points.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q1 2023 (a gain of 21.08 percentage points); the low point was Q3 2021 (a drop of 23.42 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -0.79% (Q1 2026), -1.53% (Q4 2025) and 0.63% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 193.68 Bn | 159.81 Bn | - | - |
| 2 | Southern Copper | 166.32 Bn | 145.19 Bn | 2.90 Bn | 42.99% |
| 3 | Newmont | 120.84 Bn | 89.01 Bn | 4.03 Bn | 9.92% |
| 4 | Ternium | 110.94 Bn | 75.99 Bn | 941.02 Mn | 7.19% |
| 5 | Freeport-Mcmoran | 99.52 Bn | 95.67 Bn | 2.19 Bn | 13.20% |
| 6 | Agnico Eagle Mines | 90.25 Bn | 90.25 Bn | 2.43 Bn | 42.05% |
| 7 | Barrick Mining | 67.10 Bn | 51.84 Bn | 2.90 Bn | 23.46% |
| 8 | Nucor | 53.52 Bn | 44.06 Bn | 2.03 Bn | 13.42% |
| 9 | ArcelorMittal | 49.13 Bn | 30.16 Bn | - | 3.51% |
| 10 | Smart Sand | 201.03 Mn | 143.74 Mn | 19.83 Mn | 2.74% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.74% |
| Mar 31, 2026 | -0.79% |
| Dec 31, 2025 | -1.53% |
| Sep 30, 2025 | 0.63% |
| Jun 30, 2025 | -2.89% |
| Mar 31, 2025 | -1.63% |
| Dec 31, 2024 | 1.02% |
| Sep 30, 2024 | -2.83% |
| Jun 30, 2024 | 0.43% |
| Mar 31, 2024 | 0.31% |
| Dec 31, 2023 | -0.52% |
| Sep 30, 2023 | 2.66% |
| Jun 30, 2023 | 2.28% |
| Mar 31, 2023 | 1.72% |
| Dec 31, 2022 | -0.99% |
| Sep 30, 2022 | -6.18% |
| Jun 30, 2022 | -10.21% |
| Mar 31, 2022 | -19.36% |
| Dec 31, 2021 | -19.23% |
| Sep 30, 2021 | -20.11% |
Smart Sand 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=SND&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "SND", "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=SND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();