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
DateValue
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%