Firy (FIRY) Return on Invested Capital [ROIC] (2020 - 2026)
Firy's Return on Invested Capital [ROIC] came in at -28.31% for Q2 2026, down 0.43 percentage points from -27.88% a year earlier and down 3.96 percentage points from the prior quarter.
Firy (FIRY) Return on Invested Capital [ROIC] (2020 - 2026) Analysis & Trends
For FY2025, Firy's Return on Invested Capital [ROIC] was -23.76%, down 9.07 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a five-year change of +260.27 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was -14.69% in FY2024 (+11.12 pp), -25.81% in FY2023 (+32.70 pp), -58.51% in FY2022 (-1.58 pp) and -56.93% in FY2021 (+227.10 pp).
- The Q2 2026 figure represents the lowest quarterly Return on Invested Capital [ROIC] since Q1 2024.
- Year-over-year, Return on Invested Capital [ROIC] has declined for five consecutive quarters, with an average year-over-year change of +5.23 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q3 2024 (a gain of 51.55 percentage points), and the weakest in Q2 2023 (a drop of 16.47 percentage points).
- Business Quant data shows FIRY's Return on Invested Capital [ROIC] at -24.35% (Q1 2026), -25.89% (Q4 2025) and -27.61% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,173.87 Bn | 3,931.39 Bn | 73.85 Bn | 18.61% |
| 2 | Meta Platforms | 1,849.67 Bn | 1,552.19 Bn | 49.47 Bn | 20.90% |
| 3 | Netflix | 279.23 Bn | 239.43 Bn | 6.52 Bn | 26.42% |
| 4 | Alibaba Group Holding | 245.86 Bn | 63.73 Bn | 15.11 Bn | 2.33% |
| 5 | Shopify | 196.08 Bn | 173.27 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 138.90 Bn | 110.88 Bn | 6.38 Bn | 17.38% |
| 7 | Booking Holdings | 119.48 Bn | 52.53 Bn | - | 75.49% |
| 8 | PDD Holdings | 107.30 Bn | -144.64 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 97.33 Bn | 54.56 Bn | 1.86 Bn | - |
| 10 | Firy | 204.05 Mn | -551.65 Mn | 27.08 Mn | -28.31% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -28.31% |
| Mar 31, 2026 | -24.35% |
| Dec 31, 2025 | -25.89% |
| Sep 30, 2025 | -27.61% |
| Jun 30, 2025 | -27.88% |
| Mar 31, 2025 | -12.07% |
| Dec 31, 2024 | -14.92% |
| Sep 30, 2024 | -12.88% |
| Jun 30, 2024 | -16.39% |
| Mar 31, 2024 | -33.86% |
| Dec 31, 2023 | -33.34% |
| Sep 30, 2023 | -64.43% |
| Jun 30, 2023 | -62.57% |
| Mar 31, 2023 | -56.95% |
| Dec 31, 2022 | -68.32% |
| Sep 30, 2022 | -53.42% |
| Jun 30, 2022 | -46.09% |
| Mar 31, 2022 | -42.56% |
| Dec 31, 2020 | -216.66% |
Firy 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=FIRY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "FIRY", "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=FIRY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();