New Oriental Education & Technology (EDU) Return on Invested Capital [ROIC] (2019 - 2026)
New Oriental Education & Technology's Return on Invested Capital [ROIC] came in at 14.87% for fiscal Q1 2027 (quarter ended Aug 31, 2026), up 4.67 percentage points from 10.20% a year earlier and up 1.04 percentage points from the prior quarter.
New Oriental Education & Technology (EDU) Return on Invested Capital [ROIC] (2019 - 2026) Analysis & Trends
For FY2026 (ended May 31, 2026), New Oriental Education & Technology's Return on Invested Capital [ROIC] was 10.65%, up 3.32 percentage points from FY2025.
- Return on Invested Capital [ROIC] has increased in each of the last four fiscal years, with a five-year change of +8.58 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Return on Invested Capital [ROIC] was 7.34% in FY2025 (+0.73 pp), 6.61% in FY2024 (+2.88 pp), 3.73% in FY2023 (+24.76 pp) and -21.03% in FY2022 (-23.11 pp).
- The fiscal Q1 2027 figure represents the highest quarterly Return on Invested Capital [ROIC] since fiscal Q3 2020.
- Year-over-year, Return on Invested Capital [ROIC] has increased for 15 consecutive quarters, with an average year-over-year change of +2.05 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in fiscal Q1 2024 (a gain of 27.59 percentage points), and the weakest in fiscal Q3 2022 (a drop of 24.32 percentage points).
- Business Quant data shows EDU's Return on Invested Capital [ROIC] at 13.83% (Q4 2026), 11.98% (Q3 2026) and 10.97% (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Service Corp International | 10.06 Bn | 9.12 Bn | 272.27 Mn | 11.09% |
| 2 | New Oriental Education & Technology | 8.68 Bn | -2.70 Bn | 20,000.00 | 14.87% |
| 3 | TAL Education | 5.79 Bn | -6.69 Bn | 594.64 Mn | - |
| 4 | Graham Holdings | 5.18 Bn | 243.01 Mn | 392.25 Mn | 3.85% |
| 5 | Laureate Education | 4.67 Bn | 4.02 Bn | 131.69 Mn | 28.43% |
| 6 | Valvoline | 4.45 Bn | 4.16 Bn | 214.90 Mn | 8.79% |
| 7 | Covista | 3.73 Bn | 2.90 Bn | 290.78 Mn | 15.25% |
| 8 | Onespaworld Holdings | 3.16 Bn | 3.05 Bn | 49.70 Mn | 13.73% |
| 9 | Stride | 3.11 Bn | -66.08 Mn | 241.12 Mn | 17.09% |
| 10 | Bright Horizons Family Solutions | 2.77 Bn | 2.21 Bn | 204.83 Mn | 0.15% |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 14.87% |
| May 31, 2026 | 13.83% |
| Feb 28, 2026 | 11.98% |
| Nov 30, 2025 | 10.97% |
| Aug 31, 2025 | 10.20% |
| May 31, 2025 | 10.13% |
| Feb 28, 2025 | 10.60% |
| Nov 30, 2024 | 10.04% |
| Aug 31, 2024 | 10.03% |
| May 31, 2024 | 8.14% |
| Feb 29, 2024 | 9.00% |
| Nov 30, 2023 | 8.09% |
| Aug 31, 2023 | 7.79% |
| May 31, 2023 | 4.73% |
| Feb 28, 2023 | 0.93% |
| Nov 30, 2022 | -3.13% |
| Aug 31, 2022 | -19.80% |
| May 31, 2022 | -20.08% |
| Feb 28, 2022 | -19.77% |
| May 31, 2021 | 2.24% |
New Oriental Education & Technology 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=EDU&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "EDU", "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=EDU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();