System1 (SST) Return on Invested Capital [ROIC] (2021 - 2026)
System1 (SST) posted Return on Invested Capital [ROIC] of -36.71% for Q2 2026, down 17.90 percentage points from -18.81% a year earlier and down 3.82 percentage points from the prior quarter.
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Analysis
System1 (SST) Return on Invested Capital [ROIC] (2021 - 2026) Analysis & Trends
For FY2025, System1's Return on Invested Capital [ROIC] came in at -17.31%, up 2.85 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] shows a four-year change of -60.04 percentage points (FY2021 to FY2025).
- In prior years, System1's Return on Invested Capital [ROIC] was -20.17% in FY2024 (-9.81 pp), -10.35% in FY2023 (+49.23 pp), -59.58% in FY2022 (-102.31 pp) and 42.73% in FY2021.
- The Q2 2026 figure stands as the lowest quarterly Return on Invested Capital [ROIC] since Q2 2023.
- On a year-over-year basis, Return on Invested Capital [ROIC] increased in three of the last eight quarters, with an average year-over-year change of -5.63 percentage points.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q4 2023, with a gain of 29.08 percentage points; the weakest was Q4 2022, with a drop of 80.23 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was -32.89% (Q1 2026), -18.80% (Q4 2025) and -17.56% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,173.87 Bn | 3,931.39 Bn | 73.85 Bn | 18.61% |
| 2 | Meta Platforms | 1,849.67 Bn | 1,552.19 Bn | 49.47 Bn | 20.90% |
| 3 | Netflix | 279.23 Bn | 239.43 Bn | 6.52 Bn | 26.42% |
| 4 | Alibaba Group Holding | 245.86 Bn | 63.73 Bn | 15.11 Bn | 2.33% |
| 5 | Shopify | 196.08 Bn | 173.27 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 138.90 Bn | 110.88 Bn | 6.38 Bn | 17.38% |
| 7 | Booking Holdings | 119.48 Bn | 52.53 Bn | - | 75.49% |
| 8 | PDD Holdings | 107.30 Bn | -144.64 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 97.33 Bn | 54.56 Bn | 1.86 Bn | - |
| 10 | System1 | 25.16 Mn | -234.66 Mn | 24.27 Mn | -36.71% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -36.71% |
| Mar 31, 2026 | -32.89% |
| Dec 31, 2025 | -18.80% |
| Sep 30, 2025 | -17.56% |
| Jun 30, 2025 | -18.81% |
| Mar 31, 2025 | -21.80% |
| Dec 31, 2024 | -24.01% |
| Sep 30, 2024 | -22.52% |
| Jun 30, 2024 | -20.16% |
| Mar 31, 2024 | -15.45% |
| Dec 31, 2023 | -12.50% |
| Sep 30, 2023 | -12.77% |
| Jun 30, 2023 | -43.56% |
| Mar 31, 2023 | -42.99% |
| Dec 31, 2022 | -41.58% |
| Sep 30, 2022 | -31.29% |
| Jun 30, 2022 | -3.07% |
| Mar 31, 2022 | 0.03% |
| Dec 31, 2021 | 38.65% |
API Access
System1 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=SST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "SST", "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=SST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();