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
DateValue
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%