JD.com (JD) Return on Capital Employed (2014 - 2026)
JD.com (JD) reported Return on Capital Employed of 1.02% for Q1 2026, down 1131.0% year-over-year from 0.1% in Q1 2025, and down 264.01% quarter-over-quarter from 0.62% in Q4 2025.
JD.com (JD) Return on Capital Employed (2014 - 2026) Analysis & Trends
JD.com (JD) has 13 years of Return on Capital Employed data on file, last reported at 1.02% in Q1 2026.
- Return on Capital Employed for Q1 2026 came in at 1.02%, down 1131.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.02% (down 1131.0% YoY), and the FY2025 annual result was 0.72%, down 967.0% from the prior year.
- Return on Capital Employed retreated to 1.02% in Q1 2026 per JD's latest filing, from 0.62% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 10.29% in Q1 2025 and troughed at 1.02% in Q1 2026.
- A 5-year average of 6.12% and a median of 7.35% in 2024 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2023 and 2026: Return on Capital Employed surged 578 bps in 2023, then sank 1131 bps in 2026.
- A 5-year view of Return on Capital Employed shows it stood at 6.36% in 2022, then rose by 16 bps to 7.41% in 2023, then soared by 38 bps to 10.22% in 2024, then slumped by 94 bps to 0.62% in 2025, then sank by 264 bps to 1.02% in 2026.
- Business Quant data shows JD's Return on Capital Employed at 1.02% in Q1 2026, 0.62% in Q4 2025, and 4.27% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,624.51 Bn | 2,481.43 Bn | 171.21 Bn | 12.12% |
| 2 | Mercadolibre | 83.29 Bn | 77.64 Bn | 3.86 Bn | 23.76% |
| 3 | DoorDash | 67.87 Bn | 63.01 Bn | 2.04 Bn | 5.26% |
| 4 | PDD Holdings | 64.68 Bn | 40.01 Bn | 12.81 Bn | 0.03% |
| 5 | Ebay | 48.60 Bn | 44.74 Bn | 2.29 Bn | 18.13% |
| 6 | Coupang | 29.01 Bn | 28.92 Bn | 2.30 Bn | 0.97% |
| 7 | Zkh | 16.33 Bn | 16.33 Bn | 285.30 Mn | 246,132.27% |
| 8 | Maplebear | 10.11 Bn | 9.42 Bn | 738.00 Mn | 20.87% |
| 9 | Wayfair | 9.36 Bn | 8.30 Bn | 880.00 Mn | 11.64% |
| 10 | JD.com | 7,712.17 | -19.87 Bn | 7.66 Bn | -1.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.02% |
| Dec 31, 2025 | 0.62% |
| Sep 30, 2025 | 4.27% |
| Jun 30, 2025 | 8.26% |
| Mar 31, 2025 | 10.29% |
| Dec 31, 2024 | 10.22% |
| Sep 30, 2024 | 8.54% |
| Jun 30, 2024 | 8.49% |
| Mar 31, 2024 | 7.35% |
| Dec 31, 2023 | 7.41% |
| Sep 30, 2023 | 8.44% |
| Jun 30, 2023 | 8.71% |
| Mar 31, 2023 | 6.94% |
| Dec 31, 2022 | 6.36% |
| Sep 30, 2022 | 4.58% |
| Jun 30, 2022 | 2.93% |
| Mar 31, 2022 | 1.71% |
| Dec 31, 2021 | 1.53% |
| Sep 30, 2021 | 1.85% |
| Jun 30, 2021 | 2.72% |