Snowflake (SNOW) Return on Capital Employed (2021 - 2026)
Snowflake (SNOW) reported Return on Capital Employed of 25.94% for Q2 2026, up 200.0% on a YoY basis from 8.65% in Q2 2025, and up 23.01% sequentially from 33.69% in Q1 2026.
Snowflake (SNOW) Return on Capital Employed (2021 - 2026) Analysis & Trends
Snowflake (SNOW) has 6 years of Return on Capital Employed data on file, last reported at 25.94% in Q2 2026.
- For the quarter ending Q2 2026, Return on Capital Employed rose 200.0% year-over-year to 25.94%; the trailing twelve-month figure through Apr 2026 stood at 25.94% (up 200.0% YoY), and the FY2026 full-year result was 30.79%, down 346.0% from the prior year.
- Return on Capital Employed rose to 25.94% in Q2 2026, from 33.69% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 12.51% in Q3 2022 to a low of 33.69% in Q1 2026.
- A 5-year average of 22.03% and a median of 21.89% in 2024 frame the typical range for Return on Capital Employed.
- Across the five-year window, Return on Capital Employed soared 268 bps in 2022 and sank 858 bps in 2024, its largest moves.
- Tracing SNOW's Return on Capital Employed over 5 years: stood at 13.4% in 2022, then slumped by 48 bps to 19.78% in 2023, then sank by 38 bps to 27.3% in 2024, then declined by 14 bps to 31.13% in 2025, then rose by 17 bps to 25.94% in 2026.
- Business Quant data shows SNOW's Return on Capital Employed at 25.94% in Q2 2026, 33.69% in Q1 2026, and 31.13% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 40.19% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | 9.52% |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 12.40% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 12.81% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 10.65% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 10.59% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | -7.29% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -25.94% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 17.43% |
| 10 | Datadog | 86.34 Bn | 81.58 Bn | 797.20 Mn | -0.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -25.94% |
| Jan 31, 2026 | -33.69% |
| Oct 31, 2025 | -31.13% |
| Jul 31, 2025 | -30.30% |
| Apr 30, 2025 | -27.94% |
| Jan 31, 2025 | -27.38% |
| Oct 31, 2024 | -27.30% |
| Jul 31, 2024 | -26.63% |
| Apr 30, 2024 | -21.95% |
| Jan 31, 2024 | -21.84% |
| Oct 31, 2023 | -19.78% |
| Jul 31, 2023 | -18.05% |
| Apr 30, 2023 | -16.27% |
| Jan 31, 2023 | -15.47% |
| Oct 31, 2022 | -13.40% |
| Jul 31, 2022 | -12.51% |
| Apr 30, 2022 | -12.76% |
| Jan 31, 2022 | -14.27% |
| Oct 31, 2021 | -14.85% |
| Jul 31, 2021 | -15.19% |