Terawulf (WULF) Return on Capital Employed (2011 - 2026)

Terawulf (WULF) posted Return on Capital Employed of 6.56% for Q1 2026, up 2.34% sequentially from 6.72% in Q4 2025, and up 1269.0% YoY from 0.48% in Q1 2025.

Terawulf (WULF) Return on Capital Employed (2011 - 2026) Analysis & Trends

Terawulf has reported Return on Capital Employed for 16 years, with the latest figure at 6.56% in Q1 2026.

  • Quarterly Return on Capital Employed rose 1269.0% year-over-year to 6.56% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 6.56% (up 1269.0% YoY) and the FY2025 annual result came in at 9.61%, up 474.0% from the prior year.
  • Return on Capital Employed climbed to 6.56% in Q1 2026 per WULF's latest filing, from 6.72% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 6.56% in Q1 2026 and troughed at 26.66% in Q1 2022.
  • A 5-year average of 15.0% and a median of 15.83% in 2025 frame the typical range for Return on Capital Employed.
  • The widest YoY moves for Return on Capital Employed: up 3067 bps in 2022, down 1403 bps in 2022.
  • Over 5 years, Return on Capital Employed stood at 23.3% in 2022, then surged by 34 bps to 15.46% in 2023, then advanced by 10 bps to 13.99% in 2024, then jumped by 52 bps to 6.72% in 2025, then grew by 2 bps to 6.56% in 2026.
  • According to Business Quant data, Return on Capital Employed over the past three periods registered 6.56%, 6.72%, and 15.83% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - -
2 Goldman Sachs 316.34 Bn -660.01 Bn - -
3 Schwab Charles 220.55 Bn 135.80 Bn - -
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn 29.16%
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 28.96%
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -6.29%
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - -
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - -
10 Terawulf 8.49 Bn 5.66 Bn 31.65 Mn -6.56%

Historic Data

Download Data
DateValue
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 -76.74%
Jun 30, 2021 -11.71%
Mar 31, 2021 -12.63%
Dec 31, 2020 -15.19%