MediaAlpha (MAX) Return on Capital Employed (2020 - 2026)

MediaAlpha (MAX) reported Return on Capital Employed of 16.9% for Q1 2026, down 1164.0% year-over-year from 1.59% in Q1 2025, and up 35.52% quarter-over-quarter from 12.47% in Q4 2025.

MediaAlpha (MAX) Return on Capital Employed (2020 - 2026) Analysis & Trends

MediaAlpha (MAX) has 7 years of Return on Capital Employed data on file, last reported at 16.9% in Q1 2026.

  • Return on Capital Employed for Q1 2026 came in at 16.9%, down 1164.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 16.9% (down 1164.0% YoY), and the FY2025 annual result was 12.6%, down 4419.0% from the prior year.
  • Return on Capital Employed improved to 16.9% in Q1 2026 per MAX's latest filing, from 12.47% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 36.73% in Q4 2024 and troughed at 62.62% in Q4 2023.
  • A 5-year average of 8.42% and a median of 8.45% in 2024 frame the typical range for Return on Capital Employed.
  • The sharpest annual moves came in 2023 and 2024: Return on Capital Employed sank 4703 bps in 2023, then jumped 9935 bps in 2024.
  • A 5-year view of Return on Capital Employed shows it stood at 25.14% in 2022, then tumbled by 149 bps to 62.62% in 2023, then surged by 159 bps to 36.73% in 2024, then tumbled by 66 bps to 12.47% in 2025, then soared by 36 bps to 16.9% in 2026.
  • Business Quant data shows MAX's Return on Capital Employed at 16.9% in Q1 2026, 12.47% in Q4 2025, and 26.5% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Nebius 2,430,078.11 Bn 2,430,078.11 Bn 295.20 Mn -3.77%
2 Alphabet 4,448.32 Bn 4,232.70 Bn 102.29 Bn 25.65%
3 Meta Platforms 1,465.06 Bn 1,383.88 Bn 46.09 Bn 26.53%
4 Spotify Technology 113.19 Bn 102.95 Bn 1.75 Bn -
5 Reddit 33.56 Bn 30.79 Bn 511.94 Mn 20.06%
6 Pinterest 12.93 Bn 11.63 Bn 768.96 Mn 6.06%
7 Kanzhun 12.77 Bn 10.67 Bn 255.62 Bn 12,960.00%
8 Match 8.28 Bn 7.26 Bn 653.28 Mn 26.54%
9 Snap 7.91 Bn 5.08 Bn 1.29 Bn -6.47%
10 MediaAlpha 566.84 Mn 509.78 Mn 304.68 Mn 16.90%

Historic Data

Download Data
DateValue
Mar 31, 2026 16.90%
Dec 31, 2025 12.47%
Sep 30, 2025 26.50%
Jun 30, 2025 14.51%
Mar 31, 2025 28.54%
Dec 31, 2024 36.73%
Sep 30, 2024 29.47%
Jun 30, 2024 -8.45%
Mar 31, 2024 -36.28%
Dec 31, 2023 -62.62%
Sep 30, 2023 -61.42%
Jun 30, 2023 -49.13%
Mar 31, 2023 -38.38%
Dec 31, 2022 -25.14%
Sep 30, 2022 -14.40%
Jun 30, 2022 -8.87%
Mar 31, 2022 -3.61%
Dec 31, 2021 1.17%
Sep 30, 2021 -4.01%
Jun 30, 2021 0.62%