Virgin Galactic Holdings (SPCE) Return on Capital Employed (2018 - 2025)
Virgin Galactic Holdings (SPCE) reported Return on Capital Employed of 46.09% for Q4 2025, down 119.0% on a YoY basis from 242.6% in Q4 2024, and down 7.7% sequentially from 42.8% in Q3 2025.
Virgin Galactic Holdings (SPCE) Return on Capital Employed (2018 - 2025) Analysis & Trends
Virgin Galactic Holdings (SPCE) has 8 years of Return on Capital Employed data on file, last reported at 46.09% in Q4 2025.
- For the quarter ending Q4 2025, Return on Capital Employed fell 119.0% year-over-year to 46.09%; the trailing twelve-month figure through Dec 2025 stood at 46.09% (down 119.0% YoY), and the FY2025 full-year result was 42.41%, down 148.0% from the prior year.
- Return on Capital Employed slipped to 46.09% in Q4 2025, from 42.8% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 30.88% in Q1 2022 to a low of 66.71% in Q2 2023.
- A 5-year average of 46.26% and a median of 45.52% in 2021 frame the typical range for Return on Capital Employed.
- Across the five-year window, Return on Capital Employed soared 1911 bps in 2022 and slumped 3503 bps in 2023, its largest moves.
- Tracing SPCE's Return on Capital Employed over 5 years: stood at 33.23% in 2021, then plunged by 48 bps to 49.23% in 2022, then dropped by 4 bps to 51.2% in 2023, then climbed by 12 bps to 44.9% in 2024, then decreased by 3 bps to 46.09% in 2025.
- Business Quant data shows SPCE's Return on Capital Employed at 46.09% in Q4 2025, 42.8% in Q3 2025, and 43.29% in Q2 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 374.10 Bn | 364.75 Bn | -3.10 Bn | 5.60% |
| 2 | Rtx | 290.22 Bn | 281.92 Bn | 9.91 Bn | 9.62% |
| 3 | Boeing | 168.50 Bn | 148.47 Bn | 2.41 Bn | 8.25% |
| 4 | Lockheed Martin | 133.34 Bn | 129.55 Bn | 2.45 Bn | 24.71% |
| 5 | Howmet Aerospace | 113.40 Bn | 110.96 Bn | 854.00 Mn | 23.50% |
| 6 | General Dynamics | 103.29 Bn | 98.96 Bn | 6.76 Bn | 13.87% |
| 7 | Northrop Grumman | 76.60 Bn | 74.29 Bn | 3.72 Bn | 6.15% |
| 8 | TransDigm | 73.05 Bn | 69.17 Bn | 1.51 Bn | 19.95% |
| 9 | L3Harris Technologies | 51.78 Bn | 51.19 Bn | 1.40 Bn | 12.10% |
| 10 | Virgin Galactic Holdings | 126.06 Mn | 126.06 Mn | -17.93 Mn | -46.09% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -46.09% |
| Sep 30, 2025 | -42.80% |
| Jun 30, 2025 | -43.29% |
| Mar 31, 2025 | -44.87% |
| Dec 31, 2024 | -44.90% |
| Sep 30, 2024 | -46.39% |
| Jun 30, 2024 | -49.54% |
| Mar 31, 2024 | -50.07% |
| Dec 31, 2023 | -51.20% |
| Sep 30, 2023 | -55.54% |
| Jun 30, 2023 | -66.71% |
| Mar 31, 2023 | -63.85% |
| Dec 31, 2022 | -49.23% |
| Sep 30, 2022 | -39.14% |
| Jun 30, 2022 | -31.69% |
| Mar 31, 2022 | -30.88% |
| Dec 31, 2021 | -33.23% |
| Sep 30, 2021 | -39.96% |
| Jun 30, 2021 | -50.79% |
| Mar 31, 2021 | -44.94% |