Bilibili (BILI) Return on Invested Capital [ROIC] (2019 - 2026)
Bilibili (BILI) reported Return on Invested Capital [ROIC] of 4.93% for Q2 2026, up 1.91 percentage points from 3.01% a year earlier and up 0.37 percentage points from the prior quarter.
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Analysis
Bilibili (BILI) Return on Invested Capital [ROIC] (2019 - 2026) Analysis & Trends
For FY2025, Bilibili posted Return on Invested Capital [ROIC] of 4.56%, up 10.96 percentage points from FY2024.
- Return on Invested Capital [ROIC] has increased for five consecutive years, with a five-year change of +27.86 percentage points (FY2020 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at -6.40% in FY2024 (+12.29 pp), -18.69% in FY2023 (+3.01 pp), -21.70% in FY2022 (+0.30 pp) and -22.00% in FY2021 (+1.29 pp).
- The Q2 2026 figure ranks as the highest quarterly Return on Invested Capital [ROIC] in data going back to Q2 2019.
- Year over year, Return on Invested Capital [ROIC] has now increased in each of the last 15 quarters, with an average year-over-year change of +13.40 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q2 2025 (a gain of 23.36 percentage points); the low point was Q2 2022 (a drop of 20.46 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 4.55% (Q1 2026), 4.10% (Q4 2025) and 3.08% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | 18.61% |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | 20.90% |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | 26.42% |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | 2.37% |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | 17.38% |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | 75.49% |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | - |
| 10 | Bilibili | 11.74 Bn | 2.21 Bn | 433.97 Mn | 4.92% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.92% |
| Mar 31, 2026 | 4.95% |
| Dec 31, 2025 | 4.46% |
| Sep 30, 2025 | 3.05% |
| Jun 30, 2025 | 2.99% |
| Mar 31, 2025 | -5.98% |
| Dec 31, 2024 | -7.13% |
| Sep 30, 2024 | -15.11% |
| Jun 30, 2024 | -20.49% |
| Mar 31, 2024 | -21.98% |
| Dec 31, 2023 | -22.65% |
| Sep 30, 2023 | -26.24% |
| Jun 30, 2023 | -24.91% |
| Mar 31, 2023 | -25.37% |
| Dec 31, 2022 | -26.17% |
| Sep 30, 2022 | -23.37% |
| Jun 30, 2022 | -21.96% |
| Mar 31, 2022 | -18.65% |
| Dec 31, 2021 | -17.47% |
| Sep 30, 2021 | -15.82% |
API Access
Bilibili 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=BILI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "BILI", "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=BILI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();