Snowflake (SNOW) Return on Capital Employed (2021 - 2026)
Snowflake recorded quarterly Return on Capital Employed of 33.69% in Q1 2026, down 8.23% quarter-over-quarter from 31.13% in Q4 2025, and down 631.0% year-over-year from 6.35% in Q1 2025.
Snowflake's Return on Capital Employed history runs 6 years deep, the most recent figure standing at 33.69% for Q1 2026.
- In Q1 2026, Return on Capital Employed fell 631.0% year-over-year to 33.69%; the TTM figure through Jan 2026 stood at 33.69% (down 631.0% YoY), while the FY2026 annual figure was 30.79%, down 346.0% from the prior year.
- Return on Capital Employed came in at 33.69% for Q1 2026 at Snowflake, down from 31.13% 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 21.8% and a median of 21.84% in 2024 frame the typical range for Return on Capital Employed.
- Across the five-year window, Return on Capital Employed jumped 268 bps in 2022 and slumped 858 bps in 2024, its largest moves.
- Snowflake's Return on Capital Employed stood at 13.4% in 2022, then plunged by 48 bps to 19.78% in 2023, then tumbled by 38 bps to 27.3% in 2024, then retreated by 14 bps to 31.13% in 2025, then slipped by 8 bps to 33.69% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 33.69%, 31.13%, and 30.3% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 40.19% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 12.51% |
| 3 | Uber Technologies | 147.39 Bn | 146.35 Bn | 11.88 Bn | 12.81% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 12.40% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 12.32% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 17.43% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 49.21% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | -20.99% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 23.43% |
| 10 | Snowflake | 58.12 Bn | 54.92 Bn | 857.66 Mn | -33.69% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Apr 30, 2021 | -12.69% |
| Jan 31, 2021 | -10.82% |