Cleanspark (CLSK) Return on Invested Capital [ROIC] (2023 - 2026)
Cleanspark's Return on Invested Capital [ROIC] was -33.19% in fiscal Q3 2026 (quarter ended Jun 30, 2026), down 41.10 percentage points from 7.91% a year earlier and down 19.39 percentage points from the prior quarter.
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Analysis
Cleanspark (CLSK) Return on Invested Capital [ROIC] (2023 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Return on Invested Capital [ROIC] at Cleanspark came in at 11.81%, up 23.64 percentage points from FY2024.
- In earlier fiscal years, Return on Invested Capital [ROIC] was -11.84% in FY2024 (+11.63 pp) and -23.47% in FY2023.
- The fiscal Q3 2026 figure marks the lowest quarterly Return on Invested Capital [ROIC] in data going back to fiscal Q4 2023.
- Compared with a year earlier, Return on Invested Capital [ROIC] has declined for three straight quarters, with an average year-over-year change of -1.25 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was fiscal Q3 2025 (a gain of 18.42 percentage points); the worst was fiscal Q3 2026 (a drop of 41.10 percentage points).
- Per Business Quant data, CLSK's Return on Invested Capital [ROIC] in the three fiscal quarters before Q3 2026 was -13.80% (Q2 2026), -6.69% (Q1 2026) and 9.01% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 49.15 Bn | 7.38 Bn | - | 15.87% |
| 2 | Block | 45.94 Bn | 17.20 Bn | 3.17 Bn | 2.00% |
| 3 | Coinbase Global | 43.38 Bn | 184.17 Mn | - | 2.41% |
| 4 | Corpay | 26.82 Bn | 17.02 Bn | - | 10.74% |
| 5 | Fiserv | 26.51 Bn | 23.21 Bn | 2.90 Bn | 7.03% |
| 6 | Global Payments | 22.01 Bn | 453.00 Mn | 2.03 Bn | 2.32% |
| 7 | Iren | 18.95 Bn | 6.55 Bn | 103.89 Mn | - |
| 8 | Guidewire Software | 15.50 Bn | 12.06 Bn | 269.68 Mn | 6.58% |
| 9 | Bitmine Immersion Technologies | 12.97 Bn | 10.35 Bn | 40.81 Mn | - |
| 10 | Cleanspark | 2.02 Bn | 1.05 Bn | - | -32.87% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -32.87% |
| Mar 31, 2026 | -13.80% |
| Dec 31, 2025 | -6.69% |
| Sep 30, 2025 | 9.01% |
| Jun 30, 2025 | 7.91% |
| Mar 31, 2025 | -9.24% |
| Dec 31, 2024 | 1.22% |
| Sep 30, 2024 | -9.18% |
| Jun 30, 2024 | -10.51% |
| Mar 31, 2024 | 5.40% |
| Dec 31, 2023 | -9.67% |
| Sep 30, 2023 | -19.85% |
API Access
Cleanspark 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=CLSK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "CLSK", "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=CLSK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();