The latest data point for DELL's Operating ROA chart, as of Q4'26, shows ROA at 2.23%, ROIC at 8.79%, and ROE at -91.46%. This reflects a continued positive performance in asset utilization and invested capital efficiency, though equity returns remain deeply negative, indicating persistent challenges in profitability relative to shareholders' equity. Over the period from Q1'24 to Q4'26, ROA has exhibited a modest upward trend, rising from 0.69% to 2.23% with minor fluctuations but reaching a peak of 2.23% in the latest quarter, suggesting improving operational efficiency. ROIC has shown stronger growth overall, increasing from 3.73% to 8.79% and hitting a high of 8.79% in Q4'26 after a dip to 4.06% in Q1'26, highlighting enhanced returns on invested capital. In contrast, ROE has trended sharply downward from -19.29% to -91.46%, with accelerating declines in recent quarters (e.g., from -49.54% in Q3'25 to -91.46% in Q4'26), underscoring ongoing pressures on equity profitability amid volatile market conditions.