Kingsoft Cloud Holdings (KC) Return on Invested Capital [ROIC] (2020 - 2026)
Kingsoft Cloud Holdings (KC) recorded Return on Invested Capital [ROIC] of -2.18% in Q2 2026, up 13.35 percentage points from -15.53% a year earlier and up 2.22 percentage points from the prior quarter.
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Analysis
Kingsoft Cloud Holdings (KC) Return on Invested Capital [ROIC] (2020 - 2026) Analysis & Trends
For FY2025, Kingsoft Cloud Holdings reported Return on Invested Capital [ROIC] of -6.18%, up 12.96 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has a five-year change of -6.18 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at -19.14% in FY2024 (+2.76 pp), -21.90% in FY2023 (-3.57 pp) and -18.33% in FY2022.
- The Q2 2026 figure is the highest quarterly Return on Invested Capital [ROIC] in data going back to Q2 2020.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased for ten consecutive quarters, with an average year-over-year change of +9.59 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 19.52 percentage points in Q3 2025, against a drop of 7.66 percentage points in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -4.40% (Q1 2026), -5.28% (Q4 2025) and -5.74% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,843.70 Bn | 3,766.85 Bn | 60.48 Bn | 26.70% |
| 2 | International Business Machines | 209.74 Bn | 160.64 Bn | 9.91 Bn | 11.34% |
| 3 | Cloudflare | 112.41 Bn | 95.94 Bn | 499.52 Mn | -12.36% |
| 4 | Equinix | 101.21 Bn | 89.76 Bn | 1.40 Bn | 5.65% |
| 5 | Nebius | 61.44 Bn | 34.87 Bn | 448.70 Mn | -3.32% |
| 6 | CoreWeave | 49.38 Bn | 36.47 Bn | 1.70 Bn | -1.20% |
| 7 | Verisign | 26.06 Bn | 23.28 Bn | 384.60 Mn | - |
| 8 | Nutanix | 19.56 Bn | 11.24 Bn | 651.35 Mn | - |
| 9 | Akamai Technologies | 15.64 Bn | 9.05 Bn | 613.75 Mn | - |
| 10 | Kingsoft Cloud Holdings | 2.69 Bn | -114.87 Mn | 68.71 Mn | -2.18% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.18% |
| Mar 31, 2026 | -4.40% |
| Dec 31, 2025 | -5.28% |
| Sep 30, 2025 | -5.74% |
| Jun 30, 2025 | -15.53% |
| Mar 31, 2025 | -17.48% |
| Dec 31, 2024 | -20.08% |
| Sep 30, 2024 | -25.26% |
| Jun 30, 2024 | -20.31% |
| Mar 31, 2024 | -21.22% |
| Dec 31, 2023 | -25.32% |
| Sep 30, 2023 | -27.49% |
| Jun 30, 2023 | -21.82% |
| Mar 31, 2023 | -22.98% |
| Dec 31, 2022 | -21.36% |
| Sep 30, 2022 | -19.82% |
| Jun 30, 2022 | -18.23% |
| Mar 31, 2022 | -15.57% |
| Dec 31, 2021 | -13.86% |
| Jun 30, 2021 | -13.31% |
API Access
Kingsoft Cloud Holdings 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=KC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "KC", "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=KC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();