Snowflake (SNOW) Return on Capital Employed (2021 - 2026)
Snowflake (SNOW) posted Return on Capital Employed of 25.94% for Q2 2026, up 23.01% sequentially from 33.69% in Q1 2026, and up 200.0% YoY from 8.65% in Q2 2025.
Snowflake (SNOW) Return on Capital Employed (2021 - 2026) Analysis & Trends
Snowflake has reported Return on Capital Employed for 6 years, with the latest figure at 25.94% in Q2 2026.
- Quarterly Return on Capital Employed rose 200.0% year-over-year to 25.94% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 25.94% (up 200.0% YoY) and the FY2026 annual result came in at 30.79%, down 346.0% from the prior year.
- Return on Capital Employed rose to 25.94% in Q2 2026 per SNOW's latest filing, from 33.69% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 12.51% in Q3 2022 and troughed at 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.
- The sharpest annual moves came in 2022 and 2024: Return on Capital Employed surged 268 bps in 2022, then tumbled 858 bps in 2024.
- Over 5 years, Return on Capital Employed stood at 13.4% in 2022, then sank by 48 bps to 19.78% in 2023, then plunged by 38 bps to 27.3% in 2024, then decreased by 14 bps to 31.13% in 2025, then climbed by 17 bps to 25.94% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 25.94%, 33.69%, and 31.13% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 38.72% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 14.37% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 10.65% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 13.97% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 10.59% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -25.94% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | -46.62% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 51.24% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 23.43% |
| 10 | Datadog | 91.70 Bn | 86.71 Bn | 881.34 Mn | 0.30% |
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% |