Bullish (BLSH) Return on Invested Capital [ROIC] (2025 - 2026)
Bullish's Return on Invested Capital [ROIC] was 4.11% in Q2 2026, up 0.90 percentage points from the prior quarter.
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Analysis
Bullish (BLSH) Return on Invested Capital [ROIC] (2025 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Bullish came in at 7.53%.
- Per Business Quant data, BLSH's Return on Invested Capital [ROIC] in the three quarters before Q2 2026 was 3.21% (Q1 2026), 3.60% (Q4 2025) and 3.48% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 51.56 Bn | 23.34 Bn | 3.24 Bn | 2.52% |
| 2 | PayPal Holdings | 50.29 Bn | 8.99 Bn | - | 14.60% |
| 3 | Coinbase Global | 35.53 Bn | -4.11 Bn | - | 0.76% |
| 4 | Fiserv | 33.43 Bn | 30.64 Bn | 2.76 Bn | -4.41% |
| 5 | Corpay | 29.86 Bn | 18.68 Bn | - | 11.41% |
| 6 | Global Payments | 25.78 Bn | 604.58 Mn | 2.01 Bn | 0.00% |
| 7 | Guidewire Software | 13.57 Bn | 10.14 Bn | 269.68 Mn | 6.58% |
| 8 | Jack Henry & Associates | 12.44 Bn | 12.35 Bn | 273.85 Mn | 22.66% |
| 9 | Chime Financial | 11.95 Bn | 7.64 Bn | 646.07 Mn | 3.07% |
| 10 | Bullish | 2.73 Bn | -1.23 Bn | 15.53 Mn | -8.62% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -8.62% |
| Mar 31, 2026 | -6.27% |
| Dec 31, 2025 | -4.23% |
| Sep 30, 2025 | -4.29% |
API Access
Bullish 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=BLSH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "BLSH", "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=BLSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();