Snap (SNAP) Return on Invested Capital [ROIC] (2024 - 2026)
Snap's Return on Invested Capital [ROIC] came in at -5.83% for Q2 2026, up 5.47 percentage points from -11.30% a year earlier and up 1.39 percentage points from the prior quarter.
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Analysis
Snap (SNAP) Return on Invested Capital [ROIC] (2024 - 2026) Analysis & Trends
For FY2025, Snap's Return on Invested Capital [ROIC] was -8.91%, up 9.52 percentage points from FY2024.
- Going back by year, Return on Invested Capital [ROIC] was -18.43% in FY2024.
- The Q2 2026 figure represents the highest quarterly Return on Invested Capital [ROIC] in data going back to Q3 2024.
- Year-over-year, Return on Invested Capital [ROIC] has increased for four consecutive quarters, with an average year-over-year change of +13.59 percentage points over the last four quarters.
- Business Quant data shows SNAP's Return on Invested Capital [ROIC] at -7.22% (Q1 2026), -9.19% (Q4 2025) and -10.67% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | 18.61% |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | 20.90% |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | 26.42% |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | 2.37% |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | 17.38% |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | 75.49% |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | - |
| 10 | Snap | 10.47 Bn | -945.18 Mn | 931.11 Mn | -5.83% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -5.83% |
| Mar 31, 2026 | -7.22% |
| Dec 31, 2025 | -9.19% |
| Sep 30, 2025 | -10.67% |
| Jun 30, 2025 | -11.30% |
| Mar 31, 2025 | -10.78% |
| Dec 31, 2024 | -18.88% |
| Sep 30, 2024 | -46.41% |
API Access
Snap 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=SNAP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "SNAP", "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=SNAP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();