Sps Commerce (SPSC) Return on Capital Employed (2011 - 2026)

Sps Commerce (SPSC) posted quarterly Return on Capital Employed of 9.91% for Q2 2026, down 71.0% year-over-year from 34.19% in Q2 2025, and down 14.3% quarter-over-quarter from 11.57% in Q1 2026.

Sps Commerce (SPSC) Return on Capital Employed (2011 - 2026) Analysis & Trends

Sps Commerce (SPSC) has reported Return on Capital Employed for 16 consecutive years, with 9.91% the latest figure, recorded in Q2 2026.

  • In Q2 2026, Return on Capital Employed fell 71.0% year-over-year to 9.91%; the TTM figure through Jun 2026 stood at 9.91% (down 71.0% YoY), while the FY2025 annual figure was 12.5%, up 112.0% from the prior year.
  • Return on Capital Employed eased to 9.91% in Q2 2026 per SPSC's latest filing, from 11.57% in the prior quarter.
  • Across five years, Return on Capital Employed topped out at 13.08% in Q4 2022 and bottomed at 9.91% in Q2 2026.
  • Historically, Return on Capital Employed has averaged 11.44% across 5 years, with a median of 11.43% in 2023.
  • Annual changes were most pronounced in 2022 — Return on Capital Employed soared 207 bps — and 2023, when it plunged 163 bps.
  • Sps Commerce's Return on Capital Employed stood at 13.08% in 2022, then slipped by 12 bps to 11.44% in 2023, then slipped by 11 bps to 10.21% in 2024, then gained by 15 bps to 11.71% in 2025, then dropped by 15 bps to 9.91% in 2026.
  • Business Quant data shows SPSC's Return on Capital Employed at 9.91% in Q2 2026, 11.57% in Q1 2026, and 11.71% in Q4 2025.

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 Sps Commerce 2.87 Bn 2.70 Bn 138.79 Mn 9.91%

Historic Data

Download Data
DateValue
Jun 30, 2026 9.91%
Mar 31, 2026 11.57%
Dec 31, 2025 11.71%
Sep 30, 2025 11.06%
Jun 30, 2025 10.62%
Mar 31, 2025 10.85%
Dec 31, 2024 10.21%
Sep 30, 2024 11.12%
Jun 30, 2024 11.42%
Mar 31, 2024 10.88%
Dec 31, 2023 11.44%
Sep 30, 2023 11.67%
Jun 30, 2023 11.99%
Mar 31, 2023 12.35%
Dec 31, 2022 13.08%
Sep 30, 2022 12.88%
Jun 30, 2022 11.88%
Mar 31, 2022 11.33%
Dec 31, 2021 11.00%
Sep 30, 2021 10.94%