Forrester Research (FORR) Return on Invested Capital [ROIC] (2019 - 2026)
Forrester Research's Return on Invested Capital [ROIC] came in at -25.29% for Q2 2026, up 18.17 percentage points from -43.46% a year earlier and up 3.94 percentage points from the prior quarter.
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Analysis
Forrester Research (FORR) Return on Invested Capital [ROIC] (2019 - 2026) Analysis & Trends
For FY2025, Forrester Research's Return on Invested Capital [ROIC] was -53.10%, down 53.10 percentage points from FY2024.
- Return on Invested Capital [ROIC] has declined in each of the last four years, with a five-year change of -48.81 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 0.00% in FY2024 (-1.20 pp), 1.20% in FY2023 (-7.22 pp), 8.42% in FY2022 (-1.69 pp) and 10.11% in FY2021 (+14.40 pp).
- The Q2 2026 figure represents the highest quarterly Return on Invested Capital [ROIC] since Q4 2024.
- Year-over-year, Return on Invested Capital [ROIC] increased in two of the last eight quarters, with an average year-over-year change of -20.12 percentage points.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q2 2026 (a gain of 18.17 percentage points), and the weakest in Q4 2025 (a drop of 63.88 percentage points).
- Business Quant data shows FORR's Return on Invested Capital [ROIC] at -29.22% (Q1 2026), -63.88% (Q4 2025) and -39.63% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 132.79 Bn | 93.20 Bn | 6.13 Bn | 20.89% |
| 2 | Cintas | 77.24 Bn | 76.43 Bn | 1.48 Bn | 27.72% |
| 3 | Iron Mountain | 33.76 Bn | 33.28 Bn | 1.07 Bn | 7.58% |
| 4 | APi | 17.50 Bn | 14.54 Bn | 703.00 Mn | 6.73% |
| 5 | Aramark | 14.64 Bn | 12.66 Bn | 430.34 Mn | 6.84% |
| 6 | Rollins | 14.51 Bn | 14.06 Bn | 569.95 Mn | 26.74% |
| 7 | UL Solutions | 13.33 Bn | 12.11 Bn | 417.00 Mn | 22.87% |
| 8 | Gartner | 11.67 Bn | 5.36 Bn | 1.19 Bn | 28.65% |
| 9 | Rentokil Initial | 10.08 Bn | 3.42 Bn | - | - |
| 10 | Forrester Research | 216.37 Mn | -45.51 Mn | 56.52 Mn | -25.29% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -25.29% |
| Mar 31, 2026 | -29.22% |
| Dec 31, 2025 | -63.88% |
| Sep 30, 2025 | -39.63% |
| Jun 30, 2025 | -43.46% |
| Mar 31, 2025 | -34.70% |
| Dec 31, 2024 | 0.00% |
| Sep 30, 2024 | 0.00% |
| Jun 30, 2024 | 0.47% |
| Mar 31, 2024 | 0.15% |
| Dec 31, 2023 | 1.21% |
| Sep 30, 2023 | 1.10% |
| Jun 30, 2023 | 2.33% |
| Mar 31, 2023 | 5.60% |
| Dec 31, 2022 | 8.65% |
| Sep 30, 2022 | 12.66% |
| Jun 30, 2022 | 12.66% |
| Mar 31, 2022 | 10.43% |
| Dec 31, 2021 | 9.98% |
| Sep 30, 2021 | -0.28% |
API Access
Forrester Research 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=FORR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "FORR", "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=FORR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();