JD.com (JD) Invested Capital (2013 - 2026)
JD.com (JD) recorded Invested Capital of $49.3 billion in Q2 2026, up 2.5% from $48.11 billion a year earlier and up 2.0% from the prior quarter.
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Analysis
JD.com (JD) Invested Capital (2013 - 2026) Analysis & Trends
For FY2025, JD.com reported Invested Capital of $48.28 billion, up 16.2% from FY2024.
- Annual Invested Capital has a five-year compound annual growth rate of 157.0% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $41.57 billion in FY2024 (+516.2%), $6.75 billion in FY2023 (-81.8%), $37.08 billion in FY2022 (+1.9%) and $36.4 billion in FY2021.
- Quarterly Invested Capital has ranged from $5.67 billion in Q4 2024 to $51.27 billion in Q3 2024 over the past five years.
- On a year-over-year basis, Invested Capital rose in four of the last eight quarters, with growth averaging 86.5%.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 763.3% in Q4 2025, against a decline of 85.4% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $48.31 billion (Q1 2026), $48.92 billion (Q4 2025) and $50.86 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,691.65 Bn | 2,208.35 Bn | 104.83 Bn | 680.51 Bn |
| 2 | Home Depot | 325.36 Bn | 318.60 Bn | 16.12 Bn | 69.51 Bn |
| 3 | Tjx Companies | 162.54 Bn | 140.09 Bn | 5.07 Bn | 13.52 Bn |
| 4 | Lowes Companies | 114.04 Bn | 107.00 Bn | 8.58 Bn | 30.12 Bn |
| 5 | O Reilly Automotive | 75.74 Bn | 74.83 Bn | 2.52 Bn | 5.18 Bn |
| 6 | Ross Stores | 75.07 Bn | 57.99 Bn | 2.12 Bn | 7.76 Bn |
| 7 | Target | 71.70 Bn | 66.28 Bn | 8.94 Bn | 33.20 Bn |
| 8 | Autozone | 53.85 Bn | 52.75 Bn | 2.52 Bn | 6.27 Bn |
| 9 | Carvana | 42.25 Bn | 32.75 Bn | 1.38 Bn | 10.37 Bn |
| 10 | JD.com | 36.54 Bn | -83.67 Bn | 8.71 Bn | 44.08 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 44.08 Bn |
| Mar 31, 2026 | 42.31 Bn |
| Dec 31, 2025 | 49.60 Bn |
| Sep 30, 2025 | 45.65 Bn |
| Jun 30, 2025 | 43.57 Bn |
| Mar 31, 2025 | 46.46 Bn |
| Dec 31, 2024 | 48.25 Bn |
| Sep 30, 2024 | 47.09 Bn |
| Jun 30, 2024 | 43.68 Bn |
| Mar 31, 2024 | 32.95 Bn |
| Dec 31, 2023 | 46.76 Bn |
| Sep 30, 2023 | 43.83 Bn |
| Jun 30, 2023 | 43.47 Bn |
| Mar 31, 2023 | 43.34 Bn |
| Dec 31, 2022 | 43.90 Bn |
| Dec 31, 2021 | 40.70 Bn |
| Dec 31, 2020 | 33.35 Bn |
| Mar 31, 2020 | 15.05 Bn |
| Dec 31, 2019 | 13.11 Bn |
| Sep 30, 2019 | 11.90 Bn |
API Access
JD.com Invested Capital 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=invested-capital&ticker=JD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "JD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=JD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();