Backblaze (BLZE) Return on Invested Capital [ROIC] (2021 - 2024)
Backblaze's Return on Invested Capital [ROIC] was -73.98% in Q4 2024, up 16.76 percentage points from the prior quarter.
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Analysis
Backblaze (BLZE) Return on Invested Capital [ROIC] (2021 - 2024) Analysis & Trends
For FY2024, Return on Invested Capital [ROIC] at Backblaze came in at -73.08%.
- Return on Invested Capital [ROIC] shows a three-year change of -31.73 percentage points (FY2021 to FY2024).
- In earlier years, Return on Invested Capital [ROIC] was -57.05% in FY2022 (-15.71 pp) and -41.34% in FY2021.
- The Q4 2024 figure marks the highest quarterly Return on Invested Capital [ROIC] since Q4 2022.
- Per Business Quant data, BLZE's Return on Invested Capital [ROIC] in the three quarters before Q4 2024 was -90.74% (Q3 2024), -93.23% (Q2 2024) and -102.00% (Q1 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,843.70 Bn | 3,766.85 Bn | 60.48 Bn | 26.70% |
| 2 | International Business Machines | 209.74 Bn | 160.64 Bn | 9.91 Bn | 11.34% |
| 3 | Cloudflare | 112.41 Bn | 95.94 Bn | 499.52 Mn | -12.36% |
| 4 | Equinix | 101.21 Bn | 89.76 Bn | 1.40 Bn | 5.65% |
| 5 | Nebius | 61.44 Bn | 34.87 Bn | 448.70 Mn | -3.32% |
| 6 | CoreWeave | 49.38 Bn | 36.47 Bn | 1.70 Bn | -1.20% |
| 7 | Verisign | 26.06 Bn | 23.28 Bn | 384.60 Mn | - |
| 8 | Nutanix | 19.56 Bn | 11.24 Bn | 651.35 Mn | - |
| 9 | Akamai Technologies | 15.64 Bn | 9.05 Bn | 613.75 Mn | - |
| 10 | Backblaze | 828.57 Mn | 623.15 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | -73.98% |
| Sep 30, 2024 | -90.74% |
| Jun 30, 2024 | -93.23% |
| Mar 31, 2024 | -102.00% |
| Sep 30, 2023 | -103.63% |
| Jun 30, 2023 | -86.72% |
| Mar 31, 2023 | -75.53% |
| Dec 31, 2022 | -63.21% |
| Dec 31, 2021 | -46.65% |
API Access
Backblaze 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=BLZE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "BLZE", "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=BLZE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();