Clearwater Analytics Holdings, Inc. (CWAN) Return on Invested Capital [ROIC] (2021 - 2026)
Clearwater Analytics Holdings' Return on Invested Capital [ROIC] was -0.16% in Q1 2026, down 0.16 percentage points from 0.00% a year earlier but up 0.06 percentage points from the prior quarter.
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Analysis
Clearwater Analytics Holdings, Inc. (CWAN) Return on Invested Capital [ROIC] (2021 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Clearwater Analytics Holdings came in at -0.32%, down 0.32 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a four-year change of -14.69 percentage points (FY2021 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was 0.00% in FY2024 (+3.95 pp), -3.95% in FY2023 (-5.40 pp), 1.45% in FY2022 (-12.92 pp) and 14.37% in FY2021.
- Quarterly Return on Invested Capital [ROIC] has moved between -3.73% (Q4 2023) and 9.29% (Q4 2021) over five years.
- Compared with a year earlier, Return on Invested Capital [ROIC] has declined for four straight quarters, with an average year-over-year change of +1.48 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q3 2024 (a gain of 6.38 percentage points); the worst was Q4 2022 (a drop of 7.93 percentage points).
- Per Business Quant data, CWAN's Return on Invested Capital [ROIC] in the three quarters before Q1 2026 was -0.22% (Q4 2025), 0.00% (Q3 2025) and 0.00% (Q2 2025).
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -0.16% |
| Dec 31, 2025 | -0.22% |
| Sep 30, 2025 | 0.00% |
| Jun 30, 2025 | 0.00% |
| Mar 31, 2025 | 0.00% |
| Dec 31, 2024 | 0.00% |
| Sep 30, 2024 | 2.79% |
| Jun 30, 2024 | 0.08% |
| Mar 31, 2024 | -2.30% |
| Dec 31, 2023 | -3.73% |
| Sep 30, 2023 | -3.59% |
| Jun 30, 2023 | -2.60% |
| Mar 31, 2023 | -0.63% |
| Dec 31, 2022 | 1.36% |
| Sep 30, 2022 | 0.53% |
| Jun 30, 2022 | 3.00% |
| Mar 31, 2022 | 5.44% |
| Dec 31, 2021 | 9.29% |
API Access
Clearwater Analytics Holdings, Inc. 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=CWAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "CWAN", "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=CWAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();