Chegg (CHGG) Return on Invested Capital [ROIC] (2018 - 2026)
Chegg (CHGG) reported Return on Invested Capital [ROIC] of -36.18% for Q2 2026, up 98.32 percentage points from -134.50% a year earlier and up 17.97 percentage points from the prior quarter.
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Analysis
Chegg (CHGG) Return on Invested Capital [ROIC] (2018 - 2026) Analysis & Trends
For FY2025, Chegg posted Return on Invested Capital [ROIC] of -27.42%, up 38.88 percentage points from FY2024.
- Return on Invested Capital [ROIC] has a five-year change of -30.65 percentage points (FY2020 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at -66.31% in FY2024 (-65.03 pp), -1.27% in FY2023 (-1.62 pp), 0.35% in FY2022 (+0.35 pp) and 0.00% in FY2021 (-3.23 pp).
- The Q2 2026 figure ranks as the highest quarterly Return on Invested Capital [ROIC] since Q1 2024.
- Year over year, Return on Invested Capital [ROIC] has now increased in each of the last four quarters, with an average year-over-year change of -19.59 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q1 2026 (a gain of 110.59 percentage points); the low point was Q1 2025 (a drop of 163.55 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -54.14% (Q1 2026), -61.18% (Q4 2025) and -51.24% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 44.24 Bn | 16.49 Bn | 695.95 Mn | - |
| 3 | Samsara | 24.06 Bn | 20.83 Bn | 392.58 Mn | - |
| 4 | Toast | 17.18 Bn | 9.85 Bn | 516.00 Mn | - |
| 5 | Ptc | 15.95 Bn | 14.76 Bn | 490.47 Mn | 24.21% |
| 6 | Duolingo | 13.49 Bn | 8.67 Bn | 216.74 Mn | - |
| 7 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 9.44% |
| 8 | Manhattan Associates | 11.90 Bn | 10.90 Bn | 168.33 Mn | - |
| 9 | Costar | 11.09 Bn | 5.06 Bn | 728.00 Mn | 0.63% |
| 10 | Chegg | 82.08 Mn | -77.89 Mn | 28.28 Mn | -36.18% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -36.18% |
| Mar 31, 2026 | -54.14% |
| Dec 31, 2025 | -61.18% |
| Sep 30, 2025 | -51.24% |
| Jun 30, 2025 | -134.50% |
| Mar 31, 2025 | -164.74% |
| Dec 31, 2024 | -100.60% |
| Sep 30, 2024 | -79.47% |
| Jun 30, 2024 | -42.06% |
| Mar 31, 2024 | -1.19% |
| Dec 31, 2023 | -1.54% |
| Sep 30, 2023 | -1.27% |
| Jun 30, 2023 | -1.35% |
| Mar 31, 2023 | -0.04% |
| Dec 31, 2022 | 0.39% |
| Sep 30, 2022 | 1.16% |
| Jun 30, 2022 | 1.37% |
| Mar 31, 2022 | 2.25% |
| Dec 31, 2021 | 0.00% |
| Sep 30, 2021 | 0.09% |
API Access
Chegg 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=CHGG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "CHGG", "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=CHGG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();