Strategy (MSTR) Return on Assets [ROA] (2011 - 2026)
Strategy's Return on Assets [ROA] came in at -56.94% for Q2 2026, down 65.77 percentage points from 8.83% a year earlier and down 35.93 percentage points from the prior quarter.
Strategy (MSTR) Return on Assets [ROA] (2011 - 2026) Analysis & Trends
For FY2025, Strategy's Return on Assets [ROA] was -8.80%, down 1.17 percentage points from FY2024.
- Return on Assets [ROA] carries a five-year change of -8.17 percentage points (FY2020 to FY2025).
- Going back by year, Return on Assets [ROA] was -7.62% in FY2024 (-19.59 pp), 11.97% in FY2023 (+61.23 pp), -49.26% in FY2022 (-27.94 pp) and -21.32% in FY2021 (-20.69 pp).
- The Q2 2026 figure represents the lowest quarterly Return on Assets [ROA] since Q4 2022.
- Year-over-year, Return on Assets [ROA] increased in three of the last eight quarters, with an average year-over-year change of -10.09 percentage points.
- The fastest year-over-year change in Return on Assets [ROA] over five years came in Q4 2023 (a gain of 69.87 percentage points), and the weakest in Q2 2026 (a drop of 65.77 percentage points).
- Business Quant data shows MSTR's Return on Assets [ROA] at -21.01% (Q1 2026), -5.68% (Q4 2025) and 11.45% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 386.60 Bn | 351.42 Bn | 1.93 Bn | 29.40% |
| 2 | Oracle | 343.94 Bn | 216.07 Bn | - | 6.70% |
| 3 | Sap Se | 272.35 Bn | 199.75 Bn | 8.64 Bn | 11.18% |
| 4 | Salesforce | 175.46 Bn | 131.33 Bn | 8.70 Bn | 8.95% |
| 5 | Automatic Data Processing | 122.07 Bn | 108.86 Bn | 2.53 Bn | 7.15% |
| 6 | ServiceNow | 105.47 Bn | 84.73 Bn | 2.90 Bn | 4.55% |
| 7 | Intuit | 94.25 Bn | 73.60 Bn | 3.44 Bn | 12.00% |
| 8 | Relx | 73.66 Bn | 72.75 Bn | - | - |
| 9 | Strategy | 51.78 Bn | 38.91 Bn | 89.63 Mn | -21.07% |
| 10 | Thomson Reuters | 50.52 Bn | 46.49 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -21.07% |
| Jun 30, 2026 | -56.94% |
| Mar 31, 2026 | -21.01% |
| Dec 31, 2025 | -5.68% |
| Sep 30, 2025 | 11.45% |
| Jun 30, 2025 | 8.83% |
| Mar 31, 2025 | -15.27% |
| Dec 31, 2024 | -6.83% |
| Sep 30, 2024 | -5.28% |
| Jun 30, 2024 | -3.13% |
| Mar 31, 2024 | -1.53% |
| Dec 31, 2023 | 10.55% |
| Sep 30, 2023 | 2.68% |
| Jun 30, 2023 | 6.47% |
| Mar 31, 2023 | -32.29% |
| Dec 31, 2022 | -59.32% |
| Sep 30, 2022 | -51.24% |
| Jun 30, 2022 | -42.51% |
| Mar 31, 2022 | -15.46% |
| Dec 31, 2021 | -16.37% |
Strategy Return on Assets [ROA] 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-assets-%5Broa%5D&ticker=MSTR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "ticker": "MSTR", "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-assets-%5Broa%5D&ticker=MSTR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();