Hesai (HSAI) Return on Invested Capital [ROIC] (2023 - 2026)
Hesai (HSAI) posted Return on Invested Capital [ROIC] of 1.98% for the quarter ended Mar 31, 2026, up 4.19 percentage points from -2.21% a year earlier and up 0.18 percentage points from the prior quarter.
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Analysis
Hesai (HSAI) Return on Invested Capital [ROIC] (2023 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Hesai's Return on Invested Capital [ROIC] came in at 2.38%, up 6.91 percentage points from the prior year.
- In prior years, Hesai's Return on Invested Capital [ROIC] was -4.53% in the year ended Dec 31, 2024 (+73.17 pp) and -77.70% in the year ended Dec 31, 2023.
- Quarterly Return on Invested Capital [ROIC] has run from a low of -57.22% in the quarter ended Mar 31, 2023 to a high of 2.44% in the quarter ended Sep 30, 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 +7.34 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 Mar 31, 2024, with a gain of 43.30 percentage points; the weakest was the quarter ended Jun 30, 2024, with a drop of 2.22 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 1.80% (quarter ended Dec 31, 2025), 2.44% (quarter ended Sep 30, 2025) and 0.33% (quarter ended Jun 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,874.86 Bn | 4,622.35 Bn | 54.77 Bn | 66.86% |
| 2 | Cisco Systems | 442.74 Bn | 378.67 Bn | 11.06 Bn | 15.92% |
| 3 | Dell Technologies | 360.03 Bn | 315.78 Bn | 9.83 Bn | 37.37% |
| 4 | Arista Networks | 261.51 Bn | 214.96 Bn | 1.91 Bn | - |
| 5 | Sandisk | 251.12 Bn | 239.64 Bn | 7.58 Bn | 73.74% |
| 6 | Seagate Technology Holdings | 192.54 Bn | 187.54 Bn | 1.90 Bn | 66.09% |
| 7 | Western Digital | 149.92 Bn | 138.05 Bn | 2.03 Bn | 40.01% |
| 8 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn | 12.73% |
| 9 | Lumentum Holdings | 96.17 Bn | 87.98 Bn | 477.30 Mn | 8.09% |
| 10 | Hesai | 2.40 Bn | -1.10 Bn | 50.88 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 1.98% |
| Dec 31, 2025 | 1.80% |
| Sep 30, 2025 | 2.44% |
| Jun 30, 2025 | 0.33% |
| Mar 31, 2025 | -2.21% |
| Dec 31, 2024 | -4.71% |
| Sep 30, 2024 | -11.51% |
| Jun 30, 2024 | -13.67% |
| Mar 31, 2024 | -13.92% |
| Dec 31, 2023 | -13.68% |
| Sep 30, 2023 | -13.14% |
| Jun 30, 2023 | -11.46% |
| Mar 31, 2023 | -57.22% |
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();