Coupang (CPNG) Return on Invested Capital [ROIC] (2021 - 2026)
Coupang (CPNG) posted Return on Invested Capital [ROIC] of -24.63% for Q3 2026, down 29.74 percentage points from 5.11% a year earlier and down 13.99 percentage points from the prior quarter.
Coupang (CPNG) Return on Invested Capital [ROIC] (2021 - 2026) Analysis & Trends
For FY2025, Coupang's Return on Invested Capital [ROIC] came in at 2.86%, up 1.72 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] shows a three-year change of +6.51 percentage points (FY2022 to FY2025).
- In prior years, Coupang's Return on Invested Capital [ROIC] was 1.13% in FY2024 (-10.18 pp), 11.32% in FY2023 (+14.97 pp) and -3.65% in FY2022.
- The Q3 2026 figure stands as the lowest quarterly Return on Invested Capital [ROIC] since Q2 2022.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined in each of the last three quarters, with an average year-over-year change of -7.42 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q1 2022, with a gain of 319.95 percentage points; the weakest was Q3 2026, with a drop of 29.74 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was -10.64% (Q2 2026), 0.00% (Q1 2026) and 2.62% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,803.87 Bn | 2,300.54 Bn | 107.37 Bn | 10.13% |
| 2 | Home Depot | 341.42 Bn | 334.67 Bn | 16.12 Bn | 23.31% |
| 3 | Tjx Companies | 149.33 Bn | 126.87 Bn | 5.07 Bn | 44.55% |
| 4 | Lowes Companies | 125.87 Bn | 118.84 Bn | 8.58 Bn | 26.54% |
| 5 | O Reilly Automotive | 74.24 Bn | 73.33 Bn | 2.52 Bn | 54.96% |
| 6 | Ross Stores | 73.45 Bn | 56.37 Bn | 2.12 Bn | 33.92% |
| 7 | Target | 71.89 Bn | 66.48 Bn | 8.94 Bn | 14.40% |
| 8 | Carvana | 53.03 Bn | 42.62 Bn | 1.52 Bn | 0.00% |
| 9 | Autozone | 52.99 Bn | 51.84 Bn | 3.52 Bn | 45.70% |
| 10 | Coupang | 29.20 Bn | 5.03 Bn | 2.56 Bn | -24.63% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -24.63% |
| Jun 30, 2026 | -10.64% |
| Mar 31, 2026 | 0.00% |
| Dec 31, 2025 | 2.62% |
| Sep 30, 2025 | 5.11% |
| Jun 30, 2025 | 4.83% |
| Mar 31, 2025 | 3.08% |
| Dec 31, 2024 | 1.07% |
| Sep 30, 2024 | 4.56% |
| Jun 30, 2024 | 4.25% |
| Mar 31, 2024 | 7.59% |
| Dec 31, 2023 | 10.33% |
| Sep 30, 2023 | 9.07% |
| Jun 30, 2023 | 9.96% |
| Mar 31, 2023 | 5.19% |
| Dec 31, 2022 | -3.60% |
| Sep 30, 2022 | -21.10% |
| Jun 30, 2022 | -35.38% |
| Mar 31, 2022 | -50.63% |
| Dec 31, 2021 | -48.98% |
Coupang 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=CPNG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "CPNG", "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=CPNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();