Nebius (NBIS) Return on Invested Capital (2014 - 2026)

Nebius has reported Return on Invested Capital for 9 years, with the latest figure at 0.15% in Q4 2025.

• Quarterly Return on Invested Capital fell 15.0% year-over-year to 0.15% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.15% (down 15.0% YoY) and the FY2025 annual result came in at 0.3%, down 29.0% from the prior year.
• Return on Invested Capital grew to 0.15% in Q4 2025 per NBIS's latest filing, from 0.23% in the prior quarter.
• Over five years, Return on Invested Capital peaked at 0.06% in Q1 2021 and troughed at 0.23% in Q3 2021.
• A 4-year average of 0.06% and a median of 0.0% in 2024 frame the typical range for Return on Invested Capital.
• The sharpest annual moves came in 2024 and 2025: Return on Invested Capital changed 0 bps in 2024, then decreased 22 bps in 2025.
• Over 4 years, Return on Invested Capital stood at 0.17% in 2021, then surged by 100 bps to 0.0% in 2023, then tumbled by 9958 bps to 0.0% in 2024, then plunged by 4052 bps to 0.15% in 2025.
• According to Business Quant data, Return on Invested Capital over the past three periods registered 0.15%, 0.23%, and 0.01% for Q4 2025, Q3 2025, and Q1 2025 respectively.