First Commonwealth Financial (FCF) Return on Invested Capital [ROIC] (2011 - 2026)
First Commonwealth Financial (FCF) recorded Return on Invested Capital [ROIC] of 18.38% in Q2 2026, up 2.20 percentage points from 16.18% a year earlier and up 1.01 percentage points from the prior quarter.
First Commonwealth Financial (FCF) Return on Invested Capital [ROIC] (2011 - 2026) Analysis & Trends
For FY2025, First Commonwealth Financial reported Return on Invested Capital [ROIC] of 17.06%, up 0.44 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has increased for three straight years, with a five-year change of +9.86 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 16.63% in FY2024 (+1.95 pp), 14.67% in FY2023 (+5.29 pp), 9.38% in FY2022 (-1.42 pp) and 10.80% in FY2021 (+3.60 pp).
- The Q2 2026 figure is the highest quarterly Return on Invested Capital [ROIC] in data going back to Q3 2011.
- On a year-over-year basis, Return on Invested Capital [ROIC] rose in six of the last eight quarters, with an average year-over-year change of +1.55 percentage points.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 5.07 percentage points in Q1 2024, against a drop of 0.84 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 17.37% (Q1 2026), 16.17% (Q4 2025) and 15.73% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - | 32.13% |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - | - |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - | 25.16% |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - | - |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - | 42.00% |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - | 11.34% |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn | 6.24% |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - | 14.05% |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - | 27.68% |
| 10 | First Commonwealth Financial | 2.08 Bn | 2.08 Bn | - | 18.38% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.38% |
| Mar 31, 2026 | 17.37% |
| Dec 31, 2025 | 16.17% |
| Sep 30, 2025 | 15.73% |
| Jun 30, 2025 | 16.18% |
| Mar 31, 2025 | 17.71% |
| Dec 31, 2024 | 16.69% |
| Sep 30, 2024 | 15.67% |
| Jun 30, 2024 | 15.49% |
| Mar 31, 2024 | 14.68% |
| Dec 31, 2023 | 13.35% |
| Sep 30, 2023 | 11.74% |
| Jun 30, 2023 | 10.66% |
| Mar 31, 2023 | 9.62% |
| Dec 31, 2022 | 9.79% |
| Sep 30, 2022 | 10.48% |
| Jun 30, 2022 | 10.38% |
| Mar 31, 2022 | 9.93% |
| Dec 31, 2021 | 10.63% |
| Sep 30, 2021 | 10.30% |
First Commonwealth Financial 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=FCF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "FCF", "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=FCF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();