VirnetX Holding (VHC) Return on Capital Employed (2011 - 2026)
VirnetX Holding's (VHC) quarterly Return on Capital Employed came in at 15.97% in Q1 2026, up 2701.0% year-on-year from 0.57% in Q1 2025, and down 35.79% quarter-over-quarter from 11.76% in Q4 2025.
VirnetX Holding (VHC) Return on Capital Employed (2011 - 2026) Analysis & Trends
VirnetX Holding has disclosed Return on Capital Employed across 16 years of filings, most recently posting 15.97% for Q1 2026.
- Return on Capital Employed for Q1 2026 came in at 15.97%, up 2701.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 15.97% (up 2701.0% YoY), and the FY2025 annual result was 9.98%, up 3268.0% from the prior year.
- Return on Capital Employed came in at 15.97% for Q1 2026 at VirnetX Holding, down from 11.76% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 10.82% in Q1 2022 to a low of 56.08% in Q1 2024.
- The 5-year median for Return on Capital Employed is 42.45% (2024), against an average of 33.04%.
- Across the five-year window, Return on Capital Employed slumped 3820 bps in 2023 and soared 3316 bps in 2025, its largest moves.
- VirnetX Holding's Return on Capital Employed stood at 13.43% in 2022, then sank by 285 bps to 51.63% in 2023, then grew by 13 bps to 44.92% in 2024, then jumped by 74 bps to 11.76% in 2025, then tumbled by 36 bps to 15.97% in 2026.
- The last three Return on Capital Employed figures came in at 15.97% (Q1 2026), 11.76% (Q4 2025), and 51.03% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 27.43% |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 0.01% |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 10.62% |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 24.39% |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 8.75% |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | -4.62% |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 40.10% |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 1.98% |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | -5.85% |
| 10 | VirnetX Holding | 50.68 Mn | 50.68 Mn | - | -15.97% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -15.97% |
| Dec 31, 2025 | -11.76% |
| Sep 30, 2025 | -51.03% |
| Jun 30, 2025 | -45.87% |
| Mar 31, 2025 | -42.98% |
| Dec 31, 2024 | -44.92% |
| Sep 30, 2024 | -42.90% |
| Jun 30, 2024 | -42.45% |
| Mar 31, 2024 | -56.08% |
| Dec 31, 2023 | -51.63% |
| Sep 30, 2023 | -49.58% |
| Jun 30, 2023 | -29.07% |
| Mar 31, 2023 | -30.13% |
| Dec 31, 2022 | -13.43% |
| Sep 30, 2022 | -11.99% |
| Jun 30, 2022 | -11.08% |
| Mar 31, 2022 | -10.82% |
| Dec 31, 2021 | -25.95% |
| Sep 30, 2021 | -26.40% |
| Jun 30, 2021 | -24.28% |