GDS Holdings (GDS) Return on Invested Capital [ROIC] (2016 - 2026)
GDS Holdings (GDS) posted Return on Invested Capital [ROIC] of 1.82% for the quarter ended Jun 30, 2026, down 0.99 percentage points from 2.81% a year earlier and down 0.01 percentage points from the prior quarter.
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Analysis
GDS Holdings (GDS) Return on Invested Capital [ROIC] (2016 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, GDS Holdings' Return on Invested Capital [ROIC] came in at -0.11%, down 1.83 percentage points from the prior year.
- Annual Return on Invested Capital [ROIC] shows a five-year change of -1.91 percentage points (years ended Dec 2020 to Dec 2025).
- In prior years, GDS Holdings' Return on Invested Capital [ROIC] was 1.73% in the year ended Dec 31, 2024 (+6.53 pp), -4.80% in the year ended Dec 31, 2023 (-5.53 pp), 0.73% in the year ended Dec 31, 2022 (-0.20 pp) and 0.92% in the year ended Dec 31, 2021 (-0.88 pp).
- Quarterly Return on Invested Capital [ROIC] has run from a low of -5.22% in the quarter ended Dec 31, 2023 to a high of 3.81% in the quarter ended Sep 30, 2025 over five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined in each of the last three quarters, with an average year-over-year change of +2.82 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was the quarter ended Sep 30, 2025, with a gain of 7.93 percentage points; the weakest was the quarter ended Dec 31, 2023, with a drop of 6.07 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 1.83% (quarter ended Mar 31, 2026), 0.84% (quarter ended Dec 31, 2025) and 3.81% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,895.54 Bn | 3,818.69 Bn | 60.48 Bn | 26.70% |
| 2 | International Business Machines | 238.91 Bn | 189.81 Bn | 9.91 Bn | 11.34% |
| 3 | Cloudflare | 105.03 Bn | 88.56 Bn | 499.52 Mn | -12.36% |
| 4 | Equinix | 94.23 Bn | 82.79 Bn | 1.40 Bn | 5.64% |
| 5 | Nebius | 40.16 Bn | 13.60 Bn | 448.70 Mn | -3.32% |
| 6 | CoreWeave | 29.89 Bn | 16.98 Bn | 1.70 Bn | -1.20% |
| 7 | Verisign | 26.97 Bn | 24.32 Bn | 393.20 Mn | - |
| 8 | Nutanix | 19.10 Bn | 10.78 Bn | 651.35 Mn | - |
| 9 | GoDaddy | 14.18 Bn | 9.76 Bn | 828.20 Mn | 25.51% |
| 10 | GDS Holdings | 4.59 Bn | -3.55 Bn | 97.55 Mn | 1.80% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.80% |
| Mar 31, 2026 | 1.81% |
| Dec 31, 2025 | 0.83% |
| Sep 30, 2025 | 3.80% |
| Jun 30, 2025 | 3.71% |
| Mar 31, 2025 | 3.58% |
| Dec 31, 2024 | 2.28% |
| Sep 30, 2024 | -2.32% |
| Jun 30, 2024 | -2.02% |
| Mar 31, 2024 | -3.41% |
| Dec 31, 2023 | -5.11% |
| Sep 30, 2023 | 1.25% |
| Jun 30, 2023 | 1.36% |
| Mar 31, 2023 | 0.71% |
| Dec 31, 2022 | 0.83% |
| Sep 30, 2022 | 0.95% |
| Jun 30, 2022 | 0.89% |
| Mar 31, 2022 | 0.88% |
| Dec 31, 2021 | 0.91% |
| Sep 30, 2021 | 1.00% |
API Access
GDS Holdings 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=GDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "GDS", "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=GDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();