Snowflake
Snowflake returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
NOPAT is undefined under this method: pretax profit must be positive and the effective tax rate must be between 0 and 100%.
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
NOPAT is undefined under this method: pretax profit must be positive and the effective tax rate must be between 0 and 100%.
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
NOPAT is undefined under this method: pretax profit must be positive and the effective tax rate must be between 0 and 100%.
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2027 Q2 | Jul 31, 2026 | — | -24.56% | — | — | -12.92% | — |
| FY 2027 Q1 | Apr 30, 2026 | — | -26.54% | — | — | -14.33% | — |
| FY 2026 Q4 | Jan 31, 2026 | — | -27.48% | — | -54.09% | -14.66% | — |
| FY 2026 Q3 | Oct 31, 2025 | — | -28.91% | — | -53.32% | -16.43% | — |
| FY 2026 Q2 | Jul 31, 2025 | — | -32.14% | — | -42.45% | -18.23% | — |
| FY 2026 Q1 | Apr 30, 2025 | — | -31.11% | — | -40.16% | -18.1% | — |
| FY 2025 Q4 | Jan 31, 2025 | — | -25.94% | — | -31.43% | -14.9% | — |
| FY 2025 Q3 | Oct 31, 2024 | — | -24.94% | — | -28.69% | -14.58% | — |
| FY 2025 Q2 | Jul 31, 2024 | — | -24.61% | — | -21.61% | -14.08% | — |
| FY 2025 Q1 | Apr 30, 2024 | — | -22.44% | — | -18.84% | -12.58% | — |
| FY 2024 Q4 | Jan 31, 2024 | — | -19.51% | — | -15.72% | -10.49% | — |
| FY 2024 Q3 | Oct 31, 2023 | — | -19.42% | — | -16.9% | -12.12% | — |
| FY 2024 Q2 | Jul 31, 2023 | — | -17.84% | — | -16.07% | -11.81% | — |
| FY 2024 Q1 | Apr 30, 2023 | — | — | — | — | — | — |
| FY 2023 Q4 | Jan 31, 2023 | — | -15.34% | — | -15.17% | -11.09% | — |
| FY 2023 Q3 | Oct 31, 2022 | — | -13.87% | — | -13.86% | -10.84% | — |
| FY 2023 Q2 | Jul 31, 2022 | — | -13.05% | — | -13% | -10.32% | — |
| FY 2022 Q4 | Jan 31, 2022 | — | -13.77% | — | -13.62% | -10.82% | — |
| FY 2022 Q3 | Oct 31, 2021 | — | -14.72% | — | -14.97% | -12.58% | — |
| FY 2022 Q2 | Jul 31, 2021 | — | — | — | — | — | — |
| FY 2022 Q1 | Apr 30, 2021 | — | — | — | — | — | — |
| FY 2021 Q4 | Jan 31, 2021 | — | — | — | — | — | — |
| FY 2021 Q3 | Oct 31, 2020 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 9.3%, rounded from the Software · System & Application benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · SNOW, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.