JD.com (JD) Return on Invested Capital [ROIC] (2014 - 2026)
JD.com (JD) recorded Return on Invested Capital [ROIC] of 0.48% in Q2 2026, down 8.04 percentage points from 8.52% a year earlier but up 1.62 percentage points from the prior quarter.
JD.com (JD) Return on Invested Capital [ROIC] (2014 - 2026) Analysis & Trends
For FY2025, JD.com reported Return on Invested Capital [ROIC] of 0.86%, down 21.11 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has a five-year change of -26.89 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 21.97% in FY2024 (+5.24 pp), 16.73% in FY2023 (+8.94 pp), 7.78% in FY2022 (+6.83 pp) and 0.95% in FY2021 (-26.80 pp).
- Quarterly Return on Invested Capital [ROIC] has ranged from -1.14% in Q1 2026 to 20.49% in Q1 2025 over the past five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined for five consecutive quarters, with an average year-over-year change of -3.75 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 11.52 percentage points in Q1 2025, against a drop of 21.63 percentage points in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at -1.14% (Q1 2026), 0.70% (Q4 2025) and 4.74% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,829.78 Bn | 2,346.48 Bn | 104.83 Bn | 11.04% |
| 2 | Home Depot | 290.18 Bn | 283.42 Bn | 16.12 Bn | 23.31% |
| 3 | Tjx Companies | 152.80 Bn | 130.34 Bn | 5.07 Bn | 44.55% |
| 4 | Lowes Companies | 104.32 Bn | 97.29 Bn | 8.58 Bn | 26.54% |
| 5 | Ross Stores | 71.10 Bn | 54.02 Bn | 2.12 Bn | 33.92% |
| 6 | O Reilly Automotive | 70.56 Bn | 69.64 Bn | 2.52 Bn | 54.96% |
| 7 | Carvana | 70.07 Bn | 61.67 Bn | 1.38 Bn | 0.00% |
| 8 | Target | 69.82 Bn | 64.41 Bn | 8.94 Bn | 14.40% |
| 9 | Autozone | 48.00 Bn | 46.90 Bn | 2.52 Bn | 46.64% |
| 10 | JD.com | 32.86 Bn | -77.35 Bn | 8.71 Bn | 0.55% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.55% |
| Mar 31, 2026 | -1.29% |
| Dec 31, 2025 | 0.79% |
| Sep 30, 2025 | 5.30% |
| Jun 30, 2025 | 9.40% |
| Mar 31, 2025 | 24.24% |
| Dec 31, 2024 | 22.79% |
| Sep 30, 2024 | 10.04% |
| Jun 30, 2024 | 10.56% |
| Mar 31, 2024 | 9.84% |
| Dec 31, 2023 | 8.31% |
| Sep 30, 2023 | 9.08% |
| Jun 30, 2023 | 9.04% |
| Mar 31, 2023 | 8.05% |
| Mar 31, 2020 | 10.32% |
| Dec 31, 2019 | 10.48% |
| Dec 31, 2018 | 3.80% |
| Jun 30, 2017 | 3.54% |
| Mar 31, 2017 | 3.99% |
| Dec 31, 2016 | 4.54% |
JD.com 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=JD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=JD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();