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
DateValue
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%