Telefonica Brasil (VIV) Return on Capital Employed (2009 - 2026)
Telefonica Brasil's (VIV) quarterly Return on Capital Employed came in at 22.44% in Q1 2026, down 68.0% year-on-year from 70.11% in Q1 2025, and up 2.64% quarter-over-quarter from 21.86% in Q4 2025.
Telefonica Brasil (VIV) Return on Capital Employed (2009 - 2026) Analysis & Trends
Telefonica Brasil's Return on Capital Employed history runs 16 years deep, the most recent figure standing at 22.44% for Q1 2026.
- On a quarterly basis, Return on Capital Employed fell 68.0% year-over-year to 22.44% in Q1 2026; TTM through Mar 2026 was 22.44%, a 68.0% decrease from a year earlier, with the FY2025 full-year figure at 10.19%, up 224.0% from the prior year.
- Return on Capital Employed improved to 22.44% in Q1 2026 per VIV's latest filing, from 21.86% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 23.12% in Q1 2025 and bottomed at 8.92% in Q4 2022.
- The 5-year median for Return on Capital Employed is 21.84% (2024), against an average of 20.56%.
- Across the five-year window, Return on Capital Employed soared 2730 bps in 2022 and tumbled 107 bps in 2025, its largest moves.
- Year by year, Return on Capital Employed stood at 8.92% in 2022, then soared by 116 bps to 19.31% in 2023, then advanced by 19 bps to 22.93% in 2024, then dropped by 5 bps to 21.86% in 2025, then climbed by 3 bps to 22.44% in 2026.
- Per Business Quant, the three latest VIV Return on Capital Employed figures stand at 22.44% (Q1 2026), 21.86% (Q4 2025), and 22.55% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | America Movil Sab De Cv | 1,543.97 Bn | 1,543.97 Bn | 7.08 Bn | - |
| 2 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,427.96 Bn | -8,564.04 Bn | - | - |
| 3 | Grupo Televisa, S.A.B | 958.85 Bn | 957.15 Bn | 317.18 Mn | 11.67% |
| 4 | Chunghwa Telecom | 334.17 Bn | 331.99 Bn | 719.92 Mn | 3.96% |
| 5 | Verizon Communications | 198.41 Bn | 190.05 Bn | 29.14 Bn | 8.65% |
| 6 | T-Mobile US | 192.12 Bn | 189.29 Bn | 17.74 Bn | 9.58% |
| 7 | At&T | 169.04 Bn | 151.47 Bn | 25.25 Bn | 6.89% |
| 8 | Veon | 90.84 Bn | 90.84 Bn | - | - |
| 9 | Tim | 50.18 Bn | 50.03 Bn | 677.20 Mn | 34.32% |
| 10 | Telefonica Brasil | 45.44 Bn | 43.70 Bn | 1.32 Bn | 22.44% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.44% |
| Dec 31, 2025 | 21.86% |
| Sep 30, 2025 | 22.55% |
| Jun 30, 2025 | 22.90% |
| Mar 31, 2025 | 23.12% |
| Dec 31, 2024 | 22.93% |
| Sep 30, 2024 | 21.83% |
| Jun 30, 2024 | 20.71% |
| Mar 31, 2024 | 20.57% |
| Dec 31, 2023 | 19.31% |
| Sep 30, 2023 | 19.59% |
| Dec 31, 2022 | 8.92% |
| Dec 31, 2021 | -18.38% |
| Sep 30, 2021 | -18.49% |
| Jun 30, 2021 | -9.11% |
| Mar 31, 2021 | -9.87% |
| Dec 31, 2020 | -11.09% |
| Sep 30, 2020 | 34.87% |
| Jun 30, 2020 | 33.71% |
| Mar 31, 2020 | 37.87% |