Sps Commerce (SPSC) Return on Capital Employed (2011 - 2026)
Sps Commerce (SPSC) reported Return on Capital Employed of 11.57% for Q1 2026, up 72.0% year-over-year from 6.73% in Q1 2025, and down 1.25% on a QoQ basis from 11.71% in Q4 2025.
Sps Commerce (SPSC) has 16 years of Return on Capital Employed data on file, last reported at 11.57% in Q1 2026.
- Quarterly Return on Capital Employed rose 72.0% year-over-year to 11.57% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 11.57% (up 72.0% YoY) and the FY2025 annual result came in at 12.5%, up 112.0% from the prior year.
- Return on Capital Employed eased to 11.57% in Q1 2026 per SPSC's latest filing, from 11.71% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 13.08% in Q4 2022 and bottomed at 10.21% in Q4 2024.
- The 5-year median for Return on Capital Employed is 11.44% (2023), against an average of 11.53%.
- The widest annual swing landed in 2022, when Return on Capital Employed jumped 207 bps; it then slumped 163 bps in 2023.
- Tracing SPSC's Return on Capital Employed over 5 years: stood at 13.08% in 2022, then fell by 12 bps to 11.44% in 2023, then fell by 11 bps to 10.21% in 2024, then grew by 15 bps to 11.71% in 2025, then declined by 1 bps to 11.57% in 2026.
- Per Business Quant, the three latest SPSC Return on Capital Employed figures stand at 11.57% (Q1 2026), 11.71% (Q4 2025), and 11.06% (Q3 2025).
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 | 151.10 Bn | 150.06 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 | Sps Commerce | 2.00 Bn | 1.84 Bn | 132.90 Mn | 11.57% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 11.44% |
| Mar 31, 2021 | 11.28% |
| Dec 31, 2020 | 11.75% |
| Mar 31, 2020 | 11.15% |
| Dec 31, 2019 | 10.41% |
| Sep 30, 2019 | 9.90% |
| Jun 30, 2019 | 9.36% |
| Mar 31, 2019 | 8.68% |
| Dec 31, 2018 | 8.33% |
| Sep 30, 2018 | 6.06% |
| Jun 30, 2018 | 4.68% |
| Mar 31, 2018 | 3.66% |
| Dec 31, 2017 | 3.38% |
| Sep 30, 2017 | 4.13% |
| Jun 30, 2017 | 3.98% |
| Mar 31, 2017 | 3.48% |
| Dec 31, 2016 | 2.86% |
| Sep 30, 2016 | 2.96% |
| Jun 30, 2016 | 2.89% |
| Mar 31, 2016 | 3.07% |
| Dec 31, 2015 | 3.01% |
| Sep 30, 2015 | 2.47% |
| Jun 30, 2015 | 2.10% |
| Mar 31, 2015 | 2.13% |
| Dec 31, 2014 | 2.04% |
| Sep 30, 2014 | 1.74% |
| Jun 30, 2014 | 1.30% |
| Mar 31, 2014 | 1.06% |
| Dec 31, 2013 | 0.99% |
| Sep 30, 2013 | 0.84% |
| Jun 30, 2013 | 0.70% |
| Mar 31, 2013 | 0.90% |
| Dec 31, 2012 | 1.10% |
| Sep 30, 2012 | 1.68% |
| Jun 30, 2012 | 2.75% |
| Mar 31, 2012 | 1.62% |
| Dec 31, 2011 | 1.92% |
| Sep 30, 2011 | 2.32% |