JD.com (JD) Return on Capital Employed [ROCE] (2014 - 2026)
JD.com (JD) posted Return on Capital Employed [ROCE] of 0.46% for Q2 2026, down 7.79 percentage points from 8.25% a year earlier but up 1.48 percentage points from the prior quarter.
JD.com (JD) Return on Capital Employed [ROCE] (2014 - 2026) Analysis & Trends
For FY2025, JD.com's Return on Capital Employed [ROCE] came in at 0.72%, down 9.67 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] shows a five-year change of -7.05 percentage points (FY2020 to FY2025).
- In prior years, JD.com's Return on Capital Employed [ROCE] was 10.39% in FY2024 (+3.06 pp), 7.33% in FY2023 (+0.74 pp), 6.58% in FY2022 (+4.80 pp) and 1.78% in FY2021 (-5.99 pp).
- Quarterly Return on Capital Employed [ROCE] has run from a low of -1.02% in Q1 2026 to a high of 10.29% in Q1 2025 over five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined in each of the last five quarters, with an average year-over-year change of -3.46 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was Q2 2023, with a gain of 5.87 percentage points; the weakest was Q1 2026, with a drop of 11.32 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was -1.02% (Q1 2026), 0.62% (Q4 2025) and 4.27% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,829.78 Bn | 2,346.48 Bn | 104.83 Bn | 11.49% |
| 2 | Home Depot | 290.18 Bn | 283.42 Bn | 16.12 Bn | 28.54% |
| 3 | Tjx Companies | 152.80 Bn | 130.34 Bn | 5.07 Bn | 34.00% |
| 4 | Lowes Companies | 104.32 Bn | 97.29 Bn | 8.58 Bn | 30.02% |
| 5 | Ross Stores | 71.10 Bn | 54.02 Bn | 2.12 Bn | 30.97% |
| 6 | O Reilly Automotive | 70.56 Bn | 69.64 Bn | 2.52 Bn | 47.86% |
| 7 | Carvana | 70.07 Bn | 61.67 Bn | 1.38 Bn | 18.45% |
| 8 | Target | 69.82 Bn | 64.41 Bn | 8.94 Bn | 15.67% |
| 9 | Autozone | 48.00 Bn | 46.90 Bn | 2.52 Bn | 33.85% |
| 10 | JD.com | 32.86 Bn | -77.35 Bn | 8.71 Bn | 0.47% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.47% |
| Mar 31, 2026 | -1.02% |
| Dec 31, 2025 | 0.63% |
| Sep 30, 2025 | 4.27% |
| Jun 30, 2025 | 8.27% |
| Mar 31, 2025 | 10.29% |
| Dec 31, 2024 | 10.41% |
| Sep 30, 2024 | 8.54% |
| Jun 30, 2024 | 8.42% |
| Mar 31, 2024 | 7.34% |
| Dec 31, 2023 | 7.35% |
| Sep 30, 2023 | 8.18% |
| Jun 30, 2023 | 8.65% |
| Mar 31, 2023 | 6.94% |
| Dec 31, 2022 | 6.14% |
| Sep 30, 2022 | 4.49% |
| Jun 30, 2022 | 2.93% |
| Mar 31, 2022 | 1.71% |
| Dec 31, 2021 | 1.54% |
| Sep 30, 2021 | 1.85% |
JD.com Return on Capital Employed [ROCE] 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-capital-employed-%5Broce%5D&ticker=JD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=JD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();