ThredUp (TDUP) Return on Invested Capital [ROIC] (2021 - 2026)
ThredUp's Return on Invested Capital [ROIC] was -30.55% in Q2 2026, up 6.67 percentage points from -37.22% a year earlier but down 0.90 percentage points from the prior quarter.
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Analysis
ThredUp (TDUP) Return on Invested Capital [ROIC] (2021 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at ThredUp came in at -27.94%, up 11.10 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a four-year change of +205.96 percentage points (FY2021 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was -39.04% in FY2024 (-3.64 pp), -35.40% in FY2023 (+8.18 pp), -43.57% in FY2022 (+190.33 pp) and -233.90% in FY2021.
- Quarterly Return on Invested Capital [ROIC] has moved between -54.08% (Q1 2023) and -25.26% (Q4 2021) over five years.
- Compared with a year earlier, Return on Invested Capital [ROIC] has increased for three straight quarters, with an average year-over-year change of +5.25 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q1 2022 (a gain of 194.85 percentage points); the worst was Q4 2022 (a drop of 25.86 percentage points).
- Per Business Quant data, TDUP's Return on Invested Capital [ROIC] in the three quarters before Q2 2026 was -29.65% (Q1 2026), -27.96% (Q4 2025) and -29.31% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,712.14 Bn | 2,228.84 Bn | 104.83 Bn | 11.04% |
| 2 | Home Depot | 282.27 Bn | 275.52 Bn | 16.12 Bn | 23.31% |
| 3 | Tjx Companies | 146.16 Bn | 123.70 Bn | 5.07 Bn | 44.55% |
| 4 | Lowes Companies | 101.42 Bn | 94.39 Bn | 8.58 Bn | 26.54% |
| 5 | Ross Stores | 73.06 Bn | 55.98 Bn | 2.12 Bn | 33.92% |
| 6 | Target | 70.86 Bn | 65.45 Bn | 8.94 Bn | 14.40% |
| 7 | Carvana | 70.11 Bn | 61.71 Bn | 1.38 Bn | 0.00% |
| 8 | O Reilly Automotive | 69.29 Bn | 68.38 Bn | 2.52 Bn | 54.96% |
| 9 | Autozone | 45.61 Bn | 44.51 Bn | 2.52 Bn | 46.64% |
| 10 | ThredUp | 284.91 Mn | 83.79 Mn | 72.52 Mn | -30.55% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -30.55% |
| Mar 31, 2026 | -29.65% |
| Dec 31, 2025 | -27.96% |
| Sep 30, 2025 | -29.31% |
| Jun 30, 2025 | -37.22% |
| Mar 31, 2025 | -43.31% |
| Dec 31, 2024 | -47.63% |
| Sep 30, 2024 | -28.00% |
| Jun 30, 2024 | -31.55% |
| Mar 31, 2024 | -36.43% |
| Dec 31, 2023 | -39.83% |
| Sep 30, 2023 | -51.62% |
| Jun 30, 2023 | -51.58% |
| Mar 31, 2023 | -54.08% |
| Dec 31, 2022 | -51.12% |
| Sep 30, 2022 | -48.14% |
| Jun 30, 2022 | -39.35% |
| Mar 31, 2022 | -29.55% |
| Dec 31, 2021 | -25.26% |
| Sep 30, 2021 | -25.51% |
API Access
ThredUp 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=TDUP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "TDUP", "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=TDUP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();