MediaAlpha (MAX) Return on Invested Capital (2021 - 2026)
MediaAlpha (MAX) posted quarterly Return on Invested Capital of 0.14% for Q2 2026, down 15.0% year-over-year from 0.17% in Q2 2025, and down 3867.86% quarter-over-quarter from 0.0% in Q1 2026.
Analysis
MediaAlpha (MAX) Return on Invested Capital (2021 - 2026) Analysis & Trends
MediaAlpha (MAX) has reported Return on Invested Capital for 6 consecutive years, with 0.14% the latest figure, recorded in Q2 2026.
- In Q2 2026, Return on Invested Capital fell 15.0% year-over-year to 0.14%; the TTM figure through Jun 2026 stood at 0.14% (down 15.0% YoY), while the FY2025 annual figure was 0.0%, down 4.0% from the prior year.
- Return on Invested Capital retreated to 0.14% in Q2 2026 per MAX's latest filing, from 0.0% in the prior quarter.
- Across five years, Return on Invested Capital topped out at 0.01% in Q1 2025 and bottomed at 0.14% in Q2 2026.
- Historically, Return on Invested Capital has averaged 0.02% across 5 years, with a median of 0.01% in 2022.
- Annual changes were most pronounced in 2024 — Return on Invested Capital grew 4 bps — and 2026, when it decreased 15 bps.
- MediaAlpha's Return on Invested Capital stood at 0.03% in 2022, then jumped by 67 bps to 0.01% in 2023, then soared by 193 bps to 0.01% in 2024, then slumped by 110 bps to 0.0% in 2025, then sank by 14571 bps to 0.14% in 2026.
- Business Quant data shows MAX's Return on Invested Capital at 0.14% in Q2 2026, 0.0% in Q1 2026, and 0.0% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | - |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | - |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 0.02% |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | -0.08% |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | - | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 0.00% |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | 0.11% |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | - | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 0.00% |
| 10 | MediaAlpha | 681.52 Mn | 657.78 Mn | 45.17 Mn | -0.14% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.14% |
| Mar 31, 2026 | 0.00% |
| Dec 31, 2025 | 0.00% |
| Sep 30, 2025 | 0.00% |
| Jun 30, 2025 | 0.01% |
| Mar 31, 2025 | 0.01% |
| Dec 31, 2024 | 0.01% |
| Sep 30, 2024 | 0.01% |
| Jun 30, 2024 | 0.00% |
| Mar 31, 2024 | -0.01% |
| Dec 31, 2023 | -0.01% |
| Sep 30, 2023 | -0.04% |
| Jun 30, 2023 | -0.03% |
| Mar 31, 2023 | -0.03% |
| Dec 31, 2022 | -0.03% |
| Sep 30, 2022 | -0.01% |
| Jun 30, 2022 | -0.01% |
| Mar 31, 2022 | 0.00% |
| Dec 31, 2021 | 0.00% |
| Sep 30, 2021 | -0.01% |