Bank Of America (BAC) Return on Invested Capital [ROIC] (2010 - 2026)
Bank Of America's Return on Invested Capital [ROIC] was 25.16% in Q2 2026, down 2.35 percentage points from 27.52% a year earlier and down 0.49 percentage points from the prior quarter.
Bank Of America (BAC) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Bank Of America came in at 27.30%, down 3.16 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a five-year change of +18.48 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was 30.47% in FY2024 (+2.96 pp), 27.51% in FY2023 (+12.22 pp), 15.29% in FY2022 (+2.85 pp) and 12.43% in FY2021 (+3.61 pp).
- The Q2 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 five straight quarters, with an average year-over-year change of -0.79 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 14.30 percentage points); the worst was Q4 2025 (a drop of 4.22 percentage points).
- Per Business Quant data, BAC's Return on Invested Capital [ROIC] in the three quarters before Q2 2026 was 25.65% (Q1 2026), 25.67% (Q4 2025) and 26.27% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 881.30 Bn | 881.30 Bn | - | 15.80% |
| 2 | Bank Of America | 354.90 Bn | -2,021.17 Bn | - | 13.07% |
| 3 | Hsbc Holdings | 311.39 Bn | -1,517.77 Bn | - | - |
| 4 | Morgan Stanley | 282.15 Bn | -226.95 Bn | - | 12.02% |
| 5 | Royal Bank Of Canada | 281.68 Bn | -548.32 Bn | - | 49.26% |
| 6 | Goldman Sachs | 255.22 Bn | -3,301.89 Bn | - | 14.05% |
| 7 | Mitsubishi Ufj Financial | 249.82 Bn | -82.42 Bn | 10.89 Bn | 3.63% |
| 8 | Wells Fargo & Company | 249.49 Bn | 251.62 Bn | - | 14.79% |
| 9 | Toronto Dominion Bank | 210.53 Bn | -465.35 Bn | - | - |
| 10 | American Express | 210.06 Bn | 9.55 Bn | - | 19.59% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.07% |
| Mar 31, 2026 | 13.45% |
| Dec 31, 2025 | 13.61% |
| Sep 30, 2025 | 13.92% |
| 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% |
| Sep 30, 2021 | 6.11% |
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_KEY
import 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();