Cash Flow Statement
Growth Metrics

Terawulf (WULF) Return on Capital Employed (2016 - 2026)

Terawulf's Return on Capital Employed history spans 15 years, with the latest figure at 6.72% for Q4 2025.

  • On a quarterly basis, Return on Capital Employed rose 727.0% to 6.72% in Q4 2025 year-over-year; TTM through Dec 2025 was 6.72%, a 727.0% increase, with the full-year FY2025 number at 9.61%, up 474.0% from a year prior.
  • Return on Capital Employed hit 6.72% in Q4 2025 for Terawulf, up from 15.83% in the prior quarter.
  • Over the last five years, Return on Capital Employed for WULF hit a ceiling of 6.72% in Q4 2025 and a floor of 76.74% in Q3 2021.
  • Historically, Return on Capital Employed has averaged 20.75% across 5 years, with a median of 16.3% in 2025.
  • Biggest five-year swings in Return on Capital Employed: plummeted -6399bps in 2021 and later soared 3067bps in 2022.
  • Tracing WULF's Return on Capital Employed over 5 years: stood at 53.97% in 2021, then skyrocketed by 57bps to 23.3% in 2022, then skyrocketed by 34bps to 15.46% in 2023, then grew by 10bps to 13.99% in 2024, then soared by 52bps to 6.72% in 2025.
  • Business Quant data shows Return on Capital Employed for WULF at 6.72% in Q4 2025, 15.83% in Q3 2025, and 20.22% in Q2 2025.