Strategy (MSTR) Return on Invested Capital (2023 - 2026)
Strategy (MSTR) reported Return on Invested Capital of 2.53% for Q1 2026, down 217.0% on a YoY basis from 2.16% in Q1 2025, and down 14.3% sequentially from 2.21% in Q4 2025.
Strategy (MSTR) Return on Invested Capital (2023 - 2026) Analysis & Trends
Strategy (MSTR) has 4 years of Return on Invested Capital data on file, last reported at 2.53% in Q1 2026.
- For the quarter ending Q1 2026, Return on Invested Capital fell 217.0% year-over-year to 2.53%; the trailing twelve-month figure through Mar 2026 stood at 2.53% (down 217.0% YoY), and the FY2025 full-year result was 2.38%, up 1997.0% from the prior year.
- Return on Invested Capital eased to 2.53% in Q1 2026, from 2.21% in the prior quarter.
- In the past five years, Return on Invested Capital ranged from a high of 44.24% in Q3 2025 to a low of 44.26% in Q1 2023.
- A 4-year average of 0.64% and a median of 0.36% in 2025 frame the typical range for Return on Invested Capital.
- Across the five-year window, Return on Invested Capital tumbled 219 bps in 2024 and surged 4427 bps in 2025, its largest moves.
- Tracing MSTR's Return on Invested Capital over 4 years: stood at 2.12% in 2023, then tumbled by 104 bps to 0.08% in 2024, then slumped by 2804 bps to 2.21% in 2025, then dropped by 14 bps to 2.53% in 2026.
- Business Quant data shows MSTR's Return on Invested Capital at 2.53% in Q1 2026, 2.21% in Q4 2025, and 44.24% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 0.01% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | 0.80% |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 0.01% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | - |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 0.02% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | - |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | - |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | - |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | - |
| 10 | Strategy | 31.26 Bn | 29.06 Bn | 83.35 Mn | -2.53% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.53% |
| Dec 31, 2025 | -2.21% |
| Sep 30, 2025 | 44.24% |
| Jun 30, 2025 | 0.66% |
| Mar 31, 2025 | -0.36% |
| Dec 31, 2024 | -0.08% |
| Sep 30, 2024 | -0.03% |
| Jun 30, 2024 | -0.03% |
| Mar 31, 2024 | -0.39% |
| Dec 31, 2023 | 2.12% |
| Sep 30, 2023 | -2.39% |
| Jun 30, 2023 | -3.11% |
| Mar 31, 2023 | -44.26% |