Pagaya Technologies (PGY) Return on Invested Capital [ROIC] (2024 - 2026)
Pagaya Technologies (PGY) recorded Return on Invested Capital [ROIC] of 33.46% in Q3 2026, up 12.63 percentage points from 20.84% a year earlier and up 1.98 percentage points from the prior quarter.
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Analysis
Pagaya Technologies (PGY) Return on Invested Capital [ROIC] (2024 - 2026) Analysis & Trends
For FY2025, Pagaya Technologies reported Return on Invested Capital [ROIC] of 27.39%, up 20.41 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has increased for three straight years, with a three-year change of +71.69 percentage points (FY2022 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 6.97% in FY2024 (+9.48 pp), -2.51% in FY2023 (+41.80 pp) and -44.31% in FY2022.
- The Q3 2026 figure is the highest quarterly Return on Invested Capital [ROIC] in data going back to Q1 2024.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased for seven consecutive quarters, with an average year-over-year change of +15.09 percentage points over the last seven quarters.
- Per Business Quant, the preceding three quarters came in at 31.48% (Q2 2026), 28.06% (Q1 2026) and 25.61% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 53.35 Bn | 25.13 Bn | 3.24 Bn | 2.52% |
| 2 | PayPal Holdings | 51.34 Bn | 10.04 Bn | - | 14.60% |
| 3 | Coinbase Global | 36.00 Bn | -3.64 Bn | - | 0.76% |
| 4 | Fiserv | 33.93 Bn | 31.13 Bn | 2.76 Bn | -4.41% |
| 5 | Corpay | 30.02 Bn | 18.84 Bn | - | 11.41% |
| 6 | Global Payments | 26.06 Bn | 879.81 Mn | 2.01 Bn | 0.00% |
| 7 | Guidewire Software | 13.58 Bn | 10.14 Bn | 269.68 Mn | 6.58% |
| 8 | Chime Financial | 12.59 Bn | 8.28 Bn | 646.07 Mn | 3.07% |
| 9 | Jack Henry & Associates | 12.43 Bn | 12.34 Bn | 273.85 Mn | 22.66% |
| 10 | Pagaya Technologies | 1.54 Bn | 490.06 Mn | 174.79 Mn | 33.46% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 33.46% |
| Jun 30, 2026 | 31.48% |
| Mar 31, 2026 | 28.06% |
| Dec 31, 2025 | 25.61% |
| Sep 30, 2025 | 20.84% |
| Jun 30, 2025 | 15.94% |
| Mar 31, 2025 | 11.69% |
| Dec 31, 2024 | 6.41% |
| Sep 30, 2024 | 3.74% |
| Jun 30, 2024 | 2.03% |
| Mar 31, 2024 | 0.79% |
API Access
Pagaya Technologies Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=PGY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "PGY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=PGY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();