Terawulf (WULF) Return on Capital Employed (2011 - 2026)
Terawulf's (WULF) quarterly Return on Capital Employed came in at 6.56% in Q1 2026, up 1269.0% year-on-year from 0.48% in Q1 2025, and up 2.34% quarter-over-quarter from 6.72% in Q4 2025.
Terawulf (WULF) Return on Capital Employed (2011 - 2026) Analysis & Trends
Terawulf has disclosed Return on Capital Employed across 16 years of filings, most recently posting 6.56% for Q1 2026.
- Return on Capital Employed for Q1 2026 came in at 6.56%, up 1269.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 6.56% (up 1269.0% YoY), and the FY2025 annual result was 9.61%, up 474.0% from the prior year.
- Return on Capital Employed came in at 6.56% for Q1 2026 at Terawulf, up from 6.72% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 6.56% in Q1 2026 to a low of 26.66% in Q1 2022.
- The 5-year median for Return on Capital Employed is 15.83% (2025), against an average of 15.0%.
- Peak annual rise in Return on Capital Employed reached 3067 bps in 2022, while the deepest fall reached 2189 bps in 2022.
- Terawulf's Return on Capital Employed stood at 23.3% in 2022, then soared by 34 bps to 15.46% in 2023, then rose by 10 bps to 13.99% in 2024, then surged by 52 bps to 6.72% in 2025, then advanced by 2 bps to 6.56% in 2026.
- The last three Return on Capital Employed figures came in at 6.56% (Q1 2026), 6.72% (Q4 2025), and 15.83% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 96,012.83 Bn | 96,012.83 Bn | - | - |
| 2 | Morgan Stanley | 328.23 Bn | 194.70 Bn | - | - |
| 3 | Goldman Sachs | 313.22 Bn | -624.33 Bn | - | - |
| 4 | Schwab Charles | 154.90 Bn | 109.92 Bn | - | - |
| 5 | Robinhood Markets | 75.17 Bn | 70.53 Bn | 960.00 Mn | 27.74% |
| 6 | Interactive Brokers | 38.41 Bn | 49.00 Bn | - | - |
| 7 | LPL Financial Holdings | 23.13 Bn | 22.10 Bn | - | - |
| 8 | Tradeweb Markets | 21.12 Bn | 19.87 Bn | - | - |
| 9 | Circle Internet | 19.75 Bn | 18.24 Bn | 35.01 Mn | -5.62% |
| 10 | Terawulf | 2.04 Bn | -780.52 Mn | 31.65 Mn | -6.56% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -6.56% |
| Dec 31, 2025 | -6.72% |
| Sep 30, 2025 | -15.83% |
| Jun 30, 2025 | -20.22% |
| Mar 31, 2025 | -19.26% |
| Dec 31, 2024 | -13.99% |
| Sep 30, 2024 | -7.18% |
| Jun 30, 2024 | -6.79% |
| Mar 31, 2024 | -8.51% |
| Dec 31, 2023 | -15.46% |
| Sep 30, 2023 | -19.33% |
| Jun 30, 2023 | -18.46% |
| Mar 31, 2023 | -16.77% |
| Dec 31, 2022 | -23.30% |
| Mar 31, 2022 | -26.66% |
| Dec 31, 2021 | -53.97% |
| Sep 30, 2021 | -61.04% |
| Jun 30, 2021 | -3.22% |
| Mar 31, 2021 | -4.77% |
| Dec 31, 2020 | -1.16% |