Sps Commerce (SPSC) Return on Capital Employed (2011 - 2026)
Sps Commerce's (SPSC) quarterly Return on Capital Employed came in at 11.57% in Q1 2026, up 72.0% year-on-year from 6.73% in Q1 2025, and down 1.25% on a QoQ basis from 11.71% in Q4 2025.
Sps Commerce (SPSC) Return on Capital Employed (2011 - 2026) Analysis & Trends
Sps Commerce (SPSC) has 16 years of Return on Capital Employed data on file, last reported at 11.57% in Q1 2026.
- On a quarterly basis, Return on Capital Employed rose 72.0% year-over-year to 11.57% in Q1 2026; TTM through Mar 2026 was 11.57%, a 72.0% increase from a year earlier, with the FY2025 full-year figure at 12.5%, up 112.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 11.57%, down from 11.71% in the prior quarter.
- Over the last five years, Return on Capital Employed for SPSC reached as high as 13.08% in Q4 2022 and fell as low as 10.21% in Q4 2024.
- Historically, Return on Capital Employed has averaged 11.53% across 5 years, with a median of 11.44% in 2023.
- Across the five-year window, Return on Capital Employed jumped 207 bps in 2022 and slumped 163 bps in 2023, its largest moves.
- Year by year, Return on Capital Employed stood at 13.08% in 2022, then declined by 12 bps to 11.44% in 2023, then declined by 11 bps to 10.21% in 2024, then climbed by 15 bps to 11.71% in 2025, then dropped by 1 bps to 11.57% in 2026.
- Per Business Quant data, the three most recent Return on Capital Employed figures were 11.57% in Q1 2026, 11.71% in Q4 2025, and 11.06% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 40.19% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | 9.52% |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 12.40% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 12.81% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 10.65% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 10.59% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | -7.29% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -25.94% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 17.43% |
| 10 | Sps Commerce | 2.37 Bn | 2.22 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% |