Strategy (MSTR) Return on Invested Capital (2023 - 2026)
Strategy (MSTR) posted Return on Invested Capital of 2.53% for Q1 2026, down 14.3% sequentially from 2.21% in Q4 2025, and down 217.0% YoY from 2.16% in Q1 2025.
Strategy (MSTR) Return on Invested Capital (2023 - 2026) Analysis & Trends
Strategy has reported Return on Invested Capital for 4 years, with the latest figure at 2.53% in Q1 2026.
- Quarterly Return on Invested Capital fell 217.0% year-over-year to 2.53% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.53% (down 217.0% YoY) and the FY2025 annual result came in at 2.38%, up 1997.0% from the prior year.
- Return on Invested Capital eased to 2.53% in Q1 2026 per MSTR's latest filing, from 2.21% in the prior quarter.
- Over five years, Return on Invested Capital peaked at 44.24% in Q3 2025 and troughed at 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.
- The sharpest annual moves came in 2024 and 2025: Return on Invested Capital sank 219 bps in 2024, then jumped 4427 bps in 2025.
- Over 4 years, Return on Invested Capital stood at 2.12% in 2023, then slumped by 104 bps to 0.08% in 2024, then sank by 2804 bps to 2.21% in 2025, then retreated by 14 bps to 2.53% in 2026.
- According to Business Quant data, Return on Invested Capital over the past three periods registered 2.53%, 2.21%, and 44.24% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 0.04% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 0.01% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 0.02% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | - |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | - |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | - |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | - |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 0.04% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 0.02% |
| 10 | Strategy | 32.75 Bn | 30.30 Bn | 81.55 Mn | -3.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -3.67% |
| 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% |