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
DateValue
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%