Vtex (VTEX) Return on Capital Employed [ROCE] (2021 - 2026)
Vtex's Return on Capital Employed [ROCE] was 13.33% in Q2 2026, up 9.07 percentage points from 4.26% a year earlier and up 3.01 percentage points from the prior quarter.
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Analysis
Vtex (VTEX) Return on Capital Employed [ROCE] (2021 - 2026) Analysis & Trends
For FY2025, Return on Capital Employed [ROCE] at Vtex came in at 6.80%, up 4.05 percentage points from FY2024.
- Return on Capital Employed [ROCE] has now increased for four consecutive years, with a four-year change of +36.96 percentage points (FY2021 to FY2025).
- In earlier years, Return on Capital Employed [ROCE] was 2.75% in FY2024 (+7.93 pp), -5.18% in FY2023 (+10.21 pp), -15.39% in FY2022 (+14.77 pp) and -30.16% in FY2021.
- The Q2 2026 figure marks the highest quarterly Return on Capital Employed [ROCE] in data going back to Q3 2021.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was Q3 2023 (a gain of 28.43 percentage points); the worst was Q3 2022 (a drop of 10.74 percentage points).
- Per Business Quant data, VTEX's Return on Capital Employed [ROCE] in the three quarters before Q2 2026 was 10.32% (Q1 2026), 7.92% (Q4 2025) and 5.99% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,248.48 Bn | 4,006.00 Bn | 73.85 Bn | 21.49% |
| 2 | Meta Platforms | 1,873.50 Bn | 1,576.02 Bn | 49.47 Bn | 23.74% |
| 3 | Netflix | 304.25 Bn | 264.45 Bn | 6.52 Bn | 30.16% |
| 4 | Alibaba Group Holding | 257.83 Bn | 71.60 Bn | 15.11 Bn | 2.13% |
| 5 | Shopify | 230.63 Bn | 207.82 Bn | 1.71 Bn | 14.37% |
| 6 | Uber Technologies | 145.10 Bn | 116.90 Bn | 6.38 Bn | 13.97% |
| 7 | Booking Holdings | 127.39 Bn | 60.44 Bn | - | 121.68% |
| 8 | PDD Holdings | 115.26 Bn | -128.52 Bn | 9.45 Bn | 22.53% |
| 9 | Spotify Technology | 109.42 Bn | 66.92 Bn | 1.86 Bn | 20.20% |
| 10 | Vtex | 760.70 Mn | -13.61 Mn | 51.71 Mn | 12.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.26% |
| Mar 31, 2026 | 9.29% |
| Dec 31, 2025 | 6.90% |
| Sep 30, 2025 | 5.00% |
| Jun 30, 2025 | 4.26% |
| Dec 31, 2024 | 2.54% |
| Jun 30, 2024 | 0.29% |
| Mar 31, 2024 | -2.75% |
| Dec 31, 2023 | -5.54% |
| Sep 30, 2023 | -8.53% |
| Jun 30, 2023 | -10.97% |
| Mar 31, 2023 | -14.67% |
| Dec 31, 2022 | -16.92% |
| Sep 30, 2022 | -19.56% |
| Jun 30, 2022 | -22.09% |
| Mar 31, 2022 | -20.24% |
| Dec 31, 2021 | -18.23% |
| Sep 30, 2021 | -26.03% |
API Access
Vtex Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=VTEX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "VTEX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=VTEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();