Bank Of America (BAC) Return on Invested Capital [ROIC] (2009 - 2026)
Bank Of America's Return on Invested Capital [ROIC] was 12.95% in Q3 2026, down 0.69 percentage points from 13.64% a year earlier and down 0.47 percentage points from the prior quarter.
Powered by 
Analysis
Bank Of America (BAC) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Bank Of America came in at 14.58%, down 1.56 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a five-year change of +9.85 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was 16.14% in FY2024 (+1.88 pp), 14.26% in FY2023 (+6.36 pp), 7.89% in FY2022 (+1.44 pp) and 6.45% in FY2021 (+1.73 pp).
- The Q3 2026 figure marks the lowest quarterly Return on Invested Capital [ROIC] since Q2 2023.
- Compared with a year earlier, Return on Invested Capital [ROIC] has declined for six straight quarters, with an average year-over-year change of -0.51 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q3 2023 (a gain of 7.73 percentage points); the worst was Q4 2025 (a drop of 1.98 percentage points).
- Per Business Quant data, BAC's Return on Invested Capital [ROIC] in the three quarters before Q3 2026 was 13.42% (Q2 2026), 13.86% (Q1 2026) and 14.06% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 920.14 Bn | 897.90 Bn | - | 3.60% |
| 2 | Banco Santander Chile | 407.42 Bn | -7,109.68 Bn | - | - |
| 3 | Bank Of America | 353.20 Bn | -2,022.91 Bn | - | 12.95% |
| 4 | Hsbc Holdings | 307.88 Bn | -2,967.28 Bn | - | - |
| 5 | Morgan Stanley | 298.41 Bn | -244.41 Bn | - | 11.83% |
| 6 | Royal Bank Of Canada | 283.46 Bn | -546.54 Bn | - | 49.27% |
| 7 | Goldman Sachs | 264.45 Bn | -3,478.99 Bn | - | 6.60% |
| 8 | Mitsubishi Ufj Financial | 259.19 Bn | -159.36 Bn | 5.24 Bn | 7.33% |
| 9 | Wells Fargo & Company | 258.28 Bn | 93.72 Bn | - | 3.32% |
| 10 | American Express | 215.12 Bn | 14.60 Bn | - | 19.59% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 12.95% |
| Jun 30, 2026 | 13.42% |
| Mar 31, 2026 | 13.86% |
| Dec 31, 2025 | 14.06% |
| Sep 30, 2025 | 13.64% |
| Jun 30, 2025 | 14.43% |
| Mar 31, 2025 | 15.43% |
| Dec 31, 2024 | 16.05% |
| Sep 30, 2024 | 15.18% |
| Jun 30, 2024 | 14.95% |
| Mar 31, 2024 | 14.46% |
| Dec 31, 2023 | 13.78% |
| Sep 30, 2023 | 14.28% |
| Jun 30, 2023 | 11.90% |
| Mar 31, 2023 | 9.69% |
| Dec 31, 2022 | 7.99% |
| Sep 30, 2022 | 6.54% |
| Jun 30, 2022 | 5.87% |
| Mar 31, 2022 | 6.22% |
| Dec 31, 2021 | 6.36% |
API Access
Bank Of America 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=BAC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "BAC", "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=BAC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();