Hesai (HSAI) Return on Invested Capital [ROIC] (2023 - 2026)
Hesai (HSAI) posted Return on Invested Capital [ROIC] of 1.96% for Q1 2026, up 4.11 percentage points from -2.14% a year earlier and up 0.19 percentage points from the prior quarter.
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Analysis
Hesai (HSAI) Return on Invested Capital [ROIC] (2023 - 2026) Analysis & Trends
For FY2025, Hesai's Return on Invested Capital [ROIC] came in at 2.22%, up 6.80 percentage points from FY2024.
- In prior years, Hesai's Return on Invested Capital [ROIC] was -4.58% in FY2024 (+104.46 pp) and -109.04% in FY2023.
- Quarterly Return on Invested Capital [ROIC] has run from a low of -86.78% in Q1 2023 to a high of 2.44% in Q3 2025 over five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased in each of the last seven quarters, with an average year-over-year change of +7.39 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 Q1 2024, with a gain of 73.24 percentage points; the weakest was Q2 2024, with a drop of 1.87 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 1.77% (Q4 2025), 2.44% (Q3 2025) and 0.33% (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,177.41 Bn | 4,922.87 Bn | 54.82 Bn | 68.32% |
| 2 | Cisco Systems | 377.40 Bn | 377.40 Bn | 11.79 Bn | - |
| 3 | Arista Networks | 249.38 Bn | 198.58 Bn | 2.33 Bn | - |
| 4 | Dell Technologies | 220.34 Bn | 176.10 Bn | 9.83 Bn | 37.37% |
| 5 | Sony | 166.48 Bn | 103.89 Bn | 7.96 Bn | 12.98% |
| 6 | Sandisk | 127.44 Bn | 112.27 Bn | 9.38 Bn | - |
| 7 | Seagate Technology Holdings | 121.35 Bn | 116.20 Bn | 2.43 Bn | 82.33% |
| 8 | Western Digital | 110.67 Bn | 100.50 Bn | 2.53 Bn | 53.78% |
| 9 | Hewlett Packard Enterprise | 64.15 Bn | 42.09 Bn | 4.93 Bn | 5.57% |
| 10 | Hesai | 2.25 Bn | -1.27 Bn | 65.36 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 1.96% |
| Dec 31, 2025 | 1.77% |
| Sep 30, 2025 | 2.44% |
| Jun 30, 2025 | 0.33% |
| Mar 31, 2025 | -2.14% |
| Dec 31, 2024 | -4.68% |
| Sep 30, 2024 | -11.51% |
| Jun 30, 2024 | -13.64% |
| Mar 31, 2024 | -13.54% |
| Dec 31, 2023 | -13.65% |
| Sep 30, 2023 | -13.67% |
| Jun 30, 2023 | -11.77% |
| Mar 31, 2023 | -86.78% |
API Access
Hesai 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=HSAI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "HSAI", "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=HSAI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();