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Asset Utilization RatioAssets AverageEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Duolingo (DUOL) Return on Invested Capital (2021 - 2025)

Duolingo has reported Return on Invested Capital over the past 5 years, most recently at 0.23% for Q4 2025.

  • Quarterly results put Return on Invested Capital at 0.23% for Q4 2025, up 17.0% from a year ago — trailing twelve months through Dec 2025 was 0.23% (up 17.0% YoY), and the annual figure for FY2025 was 0.28%, up 21.0%.
  • Return on Invested Capital for Q4 2025 was 0.23% at Duolingo, down from 0.24% in the prior quarter.
  • Over the last five years, Return on Invested Capital for DUOL hit a ceiling of 0.3% in Q1 2021 and a floor of 0.26% in Q3 2021.
  • Median Return on Invested Capital over the past 5 years was 0.0% (2023), compared with a mean of 0.01%.
  • Biggest five-year swings in Return on Invested Capital: plummeted -43bps in 2022 and later grew 18bps in 2025.
  • Duolingo's Return on Invested Capital stood at 0.12% in 2021, then decreased by -5bps to 0.12% in 2022, then soared by 85bps to 0.02% in 2023, then soared by 449bps to 0.07% in 2024, then skyrocketed by 252bps to 0.23% in 2025.
  • The last three reported values for Return on Invested Capital were 0.23% (Q4 2025), 0.24% (Q3 2025), and 0.08% (Q2 2025) per Business Quant data.