Joyy (JOYY) Return on Invested Capital [ROIC] (2015 - 2026)
Joyy's Return on Invested Capital [ROIC] was 0.89% in the quarter ended Jun 30, 2026, up 6.31 percentage points from -5.42% a year earlier and up 0.23 percentage points from the prior quarter.
Joyy (JOYY) Return on Invested Capital [ROIC] (2015 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Return on Invested Capital [ROIC] at Joyy came in at 0.67%, up 5.26 percentage points from the prior year.
- Return on Invested Capital [ROIC] shows a five-year change of +7.29 percentage points (years ended Dec 2020 to Dec 2025).
- In earlier years, Return on Invested Capital [ROIC] was -4.59% in the year ended Dec 31, 2024 (-4.91 pp), 0.32% in the year ended Dec 31, 2023 (-0.37 pp), 0.69% in the year ended Dec 31, 2022 (+1.85 pp) and -1.16% in the year ended Dec 31, 2021 (+5.46 pp).
- The figure for the quarter ended Jun 30, 2026 marks the highest quarterly Return on Invested Capital [ROIC] since the quarter ended Sep 30, 2022.
- Compared with a year earlier, Return on Invested Capital [ROIC] has increased for three straight quarters, with an average year-over-year change of -0.57 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was the quarter ended Dec 31, 2025 (a gain of 6.46 percentage points); the worst was the quarter ended Dec 31, 2024 (a drop of 6.12 percentage points).
- Per Business Quant data, JOYY's Return on Invested Capital [ROIC] in the three quarters before the quarter ended Jun 30, 2026 was 0.66% (quarter ended Mar 31, 2026), 0.73% (quarter ended Dec 31, 2025) and -5.45% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | 18.61% |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | 20.90% |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | 26.42% |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | 2.37% |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | 17.38% |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | 75.49% |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | - |
| 10 | Joyy | 4.41 Bn | 1.76 Bn | 201.60 Mn | 0.90% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.90% |
| Mar 31, 2026 | 0.77% |
| Dec 31, 2025 | 0.85% |
| Sep 30, 2025 | -5.48% |
| Jun 30, 2025 | -5.45% |
| Mar 31, 2025 | -6.52% |
| Dec 31, 2024 | -7.63% |
| Sep 30, 2024 | 0.52% |
| Jun 30, 2024 | 0.41% |
| Mar 31, 2024 | 0.52% |
| Dec 31, 2023 | 0.51% |
| Sep 30, 2023 | 0.18% |
| Jun 30, 2023 | 0.32% |
| Mar 31, 2023 | 0.81% |
| Dec 31, 2022 | 0.85% |
| Sep 30, 2022 | 2.14% |
| Jun 30, 2022 | 1.87% |
| Mar 31, 2022 | 0.00% |
| Dec 31, 2021 | -1.17% |
| Sep 30, 2021 | -3.34% |
Joyy 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=JOYY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "JOYY", "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=JOYY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();