Fluent (FLNT) Return on Invested Capital [ROIC] (2016 - 2026)
Fluent's Return on Invested Capital [ROIC] was -41.68% in Q2 2026, up 11.50 percentage points from -53.18% a year earlier but down 2.07 percentage points from the prior quarter.
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Analysis
Fluent (FLNT) Return on Invested Capital [ROIC] (2016 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Fluent came in at -38.39%, down 1.77 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a five-year change of -40.74 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was -36.62% in FY2024 (+23.57 pp), -60.19% in FY2023 (+0.63 pp), -60.82% in FY2022 (-59.01 pp) and -1.81% in FY2021 (-4.16 pp).
- Quarterly Return on Invested Capital [ROIC] has moved between -144.79% (Q3 2023) and -1.56% (Q1 2022) over five years.
- Compared with a year earlier, Return on Invested Capital [ROIC] was higher in six of the last eight quarters, with an average year-over-year change of +23.14 percentage points.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q3 2024 (a gain of 110.35 percentage points); the worst was Q1 2023 (a drop of 124.34 percentage points).
- Per Business Quant data, FLNT's Return on Invested Capital [ROIC] in the three quarters before Q2 2026 was -39.61% (Q1 2026), -43.79% (Q4 2025) and -58.69% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,890.87 Bn | 3,648.40 Bn | 73.85 Bn | 18.61% |
| 2 | Meta Platforms | 1,637.40 Bn | 1,339.92 Bn | 49.47 Bn | 20.90% |
| 3 | Netflix | 270.40 Bn | 231.70 Bn | 6.80 Bn | 29.22% |
| 4 | Alibaba Group Holding | 231.40 Bn | 53.61 Bn | 15.11 Bn | 2.37% |
| 5 | Shopify | 218.48 Bn | 195.66 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 136.01 Bn | 107.99 Bn | 6.38 Bn | 17.38% |
| 7 | Spotify Technology | 120.19 Bn | 77.10 Bn | 1.89 Bn | - |
| 8 | Booking Holdings | 117.09 Bn | 50.14 Bn | - | 75.49% |
| 9 | PDD Holdings | 112.51 Bn | -131.27 Bn | 9.45 Bn | - |
| 10 | Fluent | 86.88 Mn | 47.52 Mn | 14.01 Mn | -41.68% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -41.68% |
| Mar 31, 2026 | -39.61% |
| Dec 31, 2025 | -43.79% |
| Sep 30, 2025 | -58.69% |
| Jun 30, 2025 | -53.18% |
| Mar 31, 2025 | -49.30% |
| Dec 31, 2024 | -40.56% |
| Sep 30, 2024 | -34.44% |
| Jun 30, 2024 | -80.41% |
| Mar 31, 2024 | -52.85% |
| Dec 31, 2023 | -90.81% |
| Sep 30, 2023 | -144.79% |
| Jun 30, 2023 | -85.85% |
| Mar 31, 2023 | -125.90% |
| Dec 31, 2022 | -71.11% |
| Sep 30, 2022 | -23.93% |
| Jun 30, 2022 | -22.24% |
| Mar 31, 2022 | -1.56% |
| Dec 31, 2021 | -1.82% |
| Sep 30, 2021 | -2.73% |
API Access
Fluent 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=FLNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "FLNT", "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=FLNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();