Aterian (ATER) Return on Invested Capital [ROIC] (2019 - 2026)
Aterian's Return on Invested Capital [ROIC] was -135.09% in Q2 2026, down 105.37 percentage points from -29.72% a year earlier and down 32.44 percentage points from the prior quarter.
Aterian (ATER) Return on Invested Capital [ROIC] (2019 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Aterian came in at -62.77%, down 35.26 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a five-year change of -13.32 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was -27.51% in FY2024 (+59.62 pp), -87.13% in FY2023 (+4.21 pp), -91.34% in FY2022 (-72.53 pp) and -18.81% in FY2021 (+30.64 pp).
- The Q2 2026 figure marks the lowest quarterly Return on Invested Capital [ROIC] since Q4 2023.
- Compared with a year earlier, Return on Invested Capital [ROIC] has declined for three straight quarters, with an average year-over-year change of +15.94 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q2 2024 (a gain of 182.85 percentage points); the worst was Q2 2023 (a drop of 212.02 percentage points).
- Per Business Quant data, ATER's Return on Invested Capital [ROIC] in the three quarters before Q2 2026 was -102.65% (Q1 2026), -68.00% (Q4 2025) and -34.28% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,712.14 Bn | 2,228.84 Bn | 104.83 Bn | 11.04% |
| 2 | Home Depot | 282.27 Bn | 275.52 Bn | 16.12 Bn | 23.31% |
| 3 | Tjx Companies | 146.16 Bn | 123.70 Bn | 5.07 Bn | 44.55% |
| 4 | Lowes Companies | 101.42 Bn | 94.39 Bn | 8.58 Bn | 26.54% |
| 5 | Ross Stores | 73.06 Bn | 55.98 Bn | 2.12 Bn | 33.92% |
| 6 | Target | 70.86 Bn | 65.45 Bn | 8.94 Bn | 14.40% |
| 7 | Carvana | 70.11 Bn | 61.71 Bn | 1.38 Bn | 0.00% |
| 8 | O Reilly Automotive | 69.29 Bn | 68.38 Bn | 2.52 Bn | 54.96% |
| 9 | Autozone | 45.61 Bn | 44.51 Bn | 2.52 Bn | 46.64% |
| 10 | Aterian | 7.07 Mn | -10.24 Mn | 1,000.00 | -135.09% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -135.09% |
| Mar 31, 2026 | -102.65% |
| Dec 31, 2025 | -68.00% |
| Sep 30, 2025 | -34.28% |
| Jun 30, 2025 | -29.72% |
| Mar 31, 2025 | -26.98% |
| Dec 31, 2024 | -31.30% |
| Sep 30, 2024 | -44.44% |
| Jun 30, 2024 | -53.56% |
| Mar 31, 2024 | -121.68% |
| Dec 31, 2023 | -142.82% |
| Sep 30, 2023 | -149.49% |
| Jun 30, 2023 | -236.41% |
| Mar 31, 2023 | -148.77% |
| Dec 31, 2022 | -142.40% |
| Sep 30, 2022 | -87.21% |
| Jun 30, 2022 | -24.39% |
| Dec 31, 2021 | -13.32% |
| Sep 30, 2021 | -19.76% |
| Jun 30, 2021 | -20.50% |
Aterian 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=ATER&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "ATER", "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=ATER&period=max&api_key=YOUR_API_KEY");
const data = await res.json();