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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Upwork (UPWK) Return on Capital Employed (2018 - 2025)

Upwork has reported Return on Capital Employed over the past 8 years, most recently at 0.2% for Q4 2025.

  • Quarterly results put Return on Capital Employed at 0.2% for Q4 2025, up 12.0% from a year ago — trailing twelve months through Dec 2025 was 0.2% (up 12.0% YoY), and the annual figure for FY2025 was 0.21%, up 14.0%.
  • Return on Capital Employed for Q4 2025 was 0.2% at Upwork, up from 0.18% in the prior quarter.
  • Over the last five years, Return on Capital Employed for UPWK hit a ceiling of 0.2% in Q4 2025 and a floor of 0.13% in Q1 2023.
  • Median Return on Capital Employed over the past 5 years was 0.06% (2021), compared with a mean of 0.01%.
  • Biggest five-year swings in Return on Capital Employed: dropped -6bps in 2022 and later grew 19bps in 2024.
  • Upwork's Return on Capital Employed stood at 0.06% in 2021, then tumbled by -75bps to 0.11% in 2022, then surged by 86bps to 0.02% in 2023, then soared by 571bps to 0.08% in 2024, then skyrocketed by 163bps to 0.2% in 2025.
  • The last three reported values for Return on Capital Employed were 0.2% (Q4 2025), 0.18% (Q3 2025), and 0.11% (Q2 2025) per Business Quant data.