NetEase NTES
NASDAQ NTES
$128.17 +8.36 (+6.98%)
At close: Aug 21, 2026 · 4:00 PM EDT

NetEase (NTES) Return on Invested Capital (2021 - 2026)

NetEase's (NTES) quarterly Return on Invested Capital came in at 37.61% in Q1 2026, up 1020.0% YoY from 3.36% in Q1 2025, and up 16.49% on a QoQ basis from 32.28% in Q4 2025.

NetEase (NTES) Return on Invested Capital (2021 - 2026) Analysis & Trends

NetEase (NTES) has 5 years of Return on Invested Capital data on file, last reported at 37.61% in Q1 2026.

  • Quarterly Return on Invested Capital rose 1020.0% year-over-year to 37.61% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 37.61% (up 1020.0% YoY) and the FY2025 annual result came in at 24.81%, changed N/A from the prior year.
  • Return on Invested Capital grew to 37.61% in Q1 2026, from 32.28% in the prior quarter.
  • In the past five years, Return on Invested Capital ranged from a high of 37.61% in Q1 2026 to a low of 0.05% in Q1 2022.
  • A 4-year average of 13.04% and a median of 0.07% in 2023 frame the typical range for Return on Invested Capital.
  • Annual changes were most pronounced in 2022 — Return on Invested Capital fell 2 bps — and 2026, when it surged 1020 bps.
  • Tracing NTES's Return on Invested Capital over 4 years: stood at 0.06% in 2022, then gained by 22 bps to 0.07% in 2023, then surged by 43273 bps to 32.28% in 2025, then grew by 16 bps to 37.61% in 2026.
  • The last three Return on Invested Capital figures came in at 37.61% (Q1 2026), 32.28% (Q4 2025), and 29.65% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 NetEase 81.78 Bn -13,107,903.63 Bn 3.06 Bn 37.61%
2 Electronic Arts 52.84 Bn 50.56 Bn 1.71 Bn 0.01%
3 Take Two Interactive Software 44.71 Bn 42.88 Bn 882.50 Mn 0.00%
4 Roblox 27.61 Bn 24.60 Bn 1.18 Bn -
5 Playtika Holding 900.12 Mn 461.62 Mn 538.20 Mn 0.00%
6 DoubleDown Interactive 637.75 Mn 182.53 Mn 71.22 Mn 0.01%
7 Gravity 496.85 Mn 496.41 Mn 34,891.11 -
8 Sohu.com 359.34 Mn -473.63 Mn 106.58 Mn -
9 Gdev 196.54 Mn 196.54 Mn - -
10 Meridian Holdings 179.08 Mn 161.77 Mn 26.85 Mn -0.02%

Historic Data

Download Data
DateValue
Mar 31, 2026 37.61%
Dec 31, 2025 32.28%
Sep 30, 2025 29.65%
Jun 30, 2025 29.08%
Mar 31, 2025 27.40%
Sep 30, 2023 0.07%
Jun 30, 2023 0.07%
Mar 31, 2023 0.07%
Dec 31, 2022 0.06%
Sep 30, 2022 0.06%
Jun 30, 2022 0.06%
Mar 31, 2022 0.05%
Dec 31, 2021 0.06%
Sep 30, 2021 0.08%
Jun 30, 2021 0.07%
Mar 31, 2021 0.07%