JD.com (JD) Return on Invested Capital (2016 - 2026)
JD.com (JD) posted quarterly Return on Invested Capital of 0.01% for Q1 2026, down 6.0% year-over-year from 0.01% in Q1 2025, and down 423.29% quarter-over-quarter from 0.0% in Q4 2025.
Analysis
JD.com (JD) Return on Invested Capital (2016 - 2026) Analysis & Trends
JD.com (JD) has reported Return on Invested Capital for 13 consecutive years, with 0.01% the latest figure, recorded in Q1 2026.
- In Q1 2026, Return on Invested Capital fell 6.0% year-over-year to 0.01%; the TTM figure through Mar 2026 stood at 0.01% (down 6.0% YoY), while the FY2025 annual figure was 0.01%, down 5.0% from the prior year.
- Return on Invested Capital retreated to 0.01% in Q1 2026 per JD's latest filing, from 0.0% in the prior quarter.
- Across five years, Return on Invested Capital topped out at 0.06% in Q3 2024 and bottomed at 0.01% in Q1 2026.
- Historically, Return on Invested Capital has averaged 0.03% across 5 years, with a median of 0.03% in 2023.
- Annual changes were most pronounced in 2022 — Return on Invested Capital grew 4 bps — and 2025, when it dropped 6 bps.
- JD.com's Return on Invested Capital stood at 0.03% in 2022, then increased by 24 bps to 0.04% in 2023, then surged by 60 bps to 0.06% in 2024, then slumped by 95 bps to 0.0% in 2025, then tumbled by 423 bps to 0.01% in 2026.
- Business Quant data shows JD's Return on Invested Capital at 0.01% in Q1 2026, 0.0% in Q4 2025, and 0.02% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,745.83 Bn | 2,622.84 Bn | 198.88 Bn | - |
| 2 | PDD Holdings | 116.28 Bn | -48,010.13 Bn | 9.45 Bn | 0.20% |
| 3 | DoorDash | 98.99 Bn | 93.65 Bn | 2.35 Bn | - |
| 4 | Mercadolibre | 98.82 Bn | 83.62 Bn | 4.16 Bn | 0.00% |
| 5 | Sea | 67.42 Bn | 59.02 Bn | 3.55 Bn | - |
| 6 | Ebay | 46.87 Bn | 43.56 Bn | 2.30 Bn | 0.00% |
| 7 | JD.com | 39.64 Bn | 7.09 Bn | 16.50 Bn | 0.00% |
| 8 | Coupang | 28.32 Bn | 22.21 Bn | 2.49 Bn | 0.00% |
| 9 | Wayfair | 12.41 Bn | 11.27 Bn | 1.05 Bn | - |
| 10 | Maplebear | 11.73 Bn | 10.88 Bn | 751.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.00% |
| Mar 31, 2026 | 0.00% |
| Dec 31, 2025 | 0.01% |
| Sep 30, 2025 | 0.01% |
| Jun 30, 2025 | 0.02% |
| Mar 31, 2025 | 0.03% |
| Dec 31, 2024 | 0.03% |
| Sep 30, 2024 | 0.02% |
| Jun 30, 2024 | 0.02% |
| Mar 31, 2024 | 0.01% |
| Dec 31, 2023 | 0.01% |
| Sep 30, 2023 | 0.01% |
| Jun 30, 2023 | 0.01% |
| Mar 31, 2023 | 0.01% |
| Dec 31, 2022 | 0.01% |
| Sep 30, 2022 | 0.01% |
| Jun 30, 2022 | 0.00% |
| Mar 31, 2022 | 0.00% |
| Dec 31, 2021 | 0.02% |
| Sep 30, 2021 | 0.01% |