Sndl (SNDL) Return on Capital Employed [ROCE] (2019 - 2026)
Sndl (SNDL) posted Return on Capital Employed [ROCE] of -4.66% for Q3 2026, down 4.20 percentage points from -0.45% a year earlier and down 3.28 percentage points from the prior quarter.
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Analysis
Sndl (SNDL) Return on Capital Employed [ROCE] (2019 - 2026) Analysis & Trends
For FY2025, Sndl's Return on Capital Employed [ROCE] came in at -0.51%, up 7.36 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has increased for three consecutive years, with a five-year change of +46.90 percentage points (FY2020 to FY2025).
- In prior years, Sndl's Return on Capital Employed [ROCE] was -7.87% in FY2024 (+3.61 pp), -11.47% in FY2023 (+13.54 pp), -25.01% in FY2022 (-7.83 pp) and -17.18% in FY2021 (+30.22 pp).
- The Q3 2026 figure stands as the lowest quarterly Return on Capital Employed [ROCE] since Q3 2024.
- On a year-over-year basis, Return on Capital Employed [ROCE] increased in six of the last eight quarters, with an average year-over-year change of +3.13 percentage points.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was Q4 2021, with a gain of 69.88 percentage points; the weakest was Q1 2023, with a drop of 17.43 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was -1.38% (Q2 2026), -0.29% (Q1 2026) and -0.49% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.85 Bn | 281.83 Bn | 7.85 Bn | 39.38% |
| 2 | British American Tobacco p.l.c | 140.62 Bn | 117.27 Bn | - | - |
| 3 | Altria | 126.99 Bn | 113.97 Bn | 3.94 Bn | 43.13% |
| 4 | RLX Technology | 2.37 Bn | -1.38 Bn | 52.74 Mn | 3.59% |
| 5 | Curaleaf Holdings | 2.36 Bn | 1.98 Bn | 170.48 Mn | 0.43% |
| 6 | Verano Holdings | 2.05 Bn | 1.71 Bn | 100.04 Mn | -8.14% |
| 7 | Trulieve Cannabis | 1.89 Bn | 629.78 Mn | 148.02 Mn | -13.88% |
| 8 | Green Thumb Industries | 1.59 Bn | 362.48 Mn | 146.79 Mn | 4.07% |
| 9 | Cronos | 1.25 Bn | -1.89 Bn | 32.28 Mn | 0.63% |
| 10 | Sndl | 366.07 Mn | -193.98 Mn | 41.35 Mn | -5.51% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -5.51% |
| Jun 30, 2026 | -2.19% |
| Mar 31, 2026 | -1.08% |
| Dec 31, 2025 | -1.28% |
| Sep 30, 2025 | -1.09% |
| Jun 30, 2025 | -1.75% |
| Mar 31, 2025 | -2.59% |
| Dec 31, 2024 | -1.83% |
| Sep 30, 2024 | -6.82% |
| Jun 30, 2024 | -6.67% |
| Mar 31, 2024 | -7.79% |
| Dec 31, 2023 | -10.05% |
| Sep 30, 2023 | -12.52% |
| Jun 30, 2023 | -13.46% |
| Mar 31, 2023 | -24.52% |
| Dec 31, 2022 | -22.49% |
| Sep 30, 2022 | -11.12% |
| Jun 30, 2022 | -6.49% |
| Mar 31, 2022 | -7.09% |
| Dec 31, 2021 | -6.51% |
API Access
Sndl 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=SNDL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "SNDL", "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=SNDL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();