Asana (ASAN) Return on Invested Capital [ROIC] (2021 - 2026)
Asana (ASAN) posted Return on Invested Capital [ROIC] of -104.39% for fiscal Q4 2026 (quarter ended Jan 31, 2026), down 6.69 percentage points from -97.71% a year earlier and down 10.87 percentage points from the prior quarter.
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Analysis
Asana (ASAN) Return on Invested Capital [ROIC] (2021 - 2026) Analysis & Trends
For FY2026 (ended Jan 31, 2026), Asana's Return on Invested Capital [ROIC] came in at -93.76%, down 9.99 percentage points from FY2025.
- Annual Return on Invested Capital [ROIC] shows a four-year change of +114.09 percentage points (FY2022 to FY2026).
- In prior fiscal years, Asana's Return on Invested Capital [ROIC] was -83.77% in FY2025 (-13.94 pp), -69.83% in FY2024 (+57.27 pp), -127.10% in FY2023 (+80.74 pp) and -207.85% in FY2022.
- The fiscal Q4 2026 figure stands as the lowest quarterly Return on Invested Capital [ROIC] since fiscal Q3 2023.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined in each of the last six quarters, with an average year-over-year change of -4.41 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was fiscal Q1 2023, with a gain of 5790.79 percentage points; the weakest was fiscal Q2 2023, with a drop of 85.54 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior fiscal quarters was -93.52% (Q3 2026), -81.06% (Q2 2026) and -90.35% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 99.39 Bn | 74.64 Bn | 6.00 Bn | 54.46% |
| 2 | Atlassian | 56.40 Bn | 49.68 Bn | 1.53 Bn | 0.00% |
| 3 | Autodesk | 51.55 Bn | 39.59 Bn | 1.87 Bn | 26.45% |
| 4 | Twilio | 41.87 Bn | 31.94 Bn | 725.87 Mn | 3.09% |
| 5 | Zoom Communications | 28.87 Bn | -1.92 Bn | 985.50 Mn | - |
| 6 | Figma | 12.14 Bn | 5.65 Bn | 309.61 Mn | - |
| 7 | Dropbox | 8.22 Bn | 3.86 Bn | 506.50 Mn | 104.56% |
| 8 | Nice | 7.17 Bn | 5.64 Bn | 995.81 Mn | - |
| 9 | RingCentral | 6.72 Bn | 6.21 Bn | 472.31 Mn | 28.51% |
| 10 | Asana | 2.41 Bn | 1.61 Bn | 186.10 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jan 31, 2026 | -104.39% |
| Oct 31, 2025 | -93.52% |
| Jul 31, 2025 | -81.06% |
| Apr 30, 2025 | -90.35% |
| Jan 31, 2025 | -97.71% |
| Oct 31, 2024 | -88.56% |
| Jul 31, 2024 | -78.91% |
| Apr 30, 2024 | -73.99% |
| Jan 31, 2024 | -72.28% |
| Oct 31, 2023 | -79.62% |
| Jul 31, 2023 | -87.60% |
| Apr 30, 2023 | -94.51% |
| Jan 31, 2023 | -98.43% |
| Oct 31, 2022 | -144.01% |
| Jul 31, 2022 | -231.36% |
| Apr 30, 2022 | -145.57% |
| Jan 31, 2022 | -101.70% |
| Oct 31, 2021 | -76.50% |
| Jul 31, 2021 | -145.82% |
| Apr 30, 2021 | -5,936.37% |
API Access
Asana Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=ASAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "ASAN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=ASAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();