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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 Invested Capital (2018 - 2024)

Historic Return on Invested Capital for Upwork (UPWK) over the last 8 years, with Q3 2025 value amounting to 0.12%.

  • Upwork's Return on Invested Capital fell 300.0% to 0.12% in Q3 2025 from the same period last year, while for Sep 2025 it was 0.12%, marking a year-over-year decrease of 300.0%. This contributed to the annual value of 0.24% for FY2024, which is 2700.0% up from last year.
  • As of Q3 2025, Upwork's Return on Invested Capital stood at 0.12%, which was down 300.0% from 0.32% recorded in Q2 2025.
  • Upwork's Return on Invested Capital's 5-year high stood at 0.32% during Q2 2025, with a 5-year trough of 0.36% in Q1 2023.
  • Moreover, its 5-year median value for Return on Invested Capital was 0.07% (2021), whereas its average is 0.01%.
  • Its Return on Invested Capital has fluctuated over the past 5 years, first tumbled by -2700bps in 2023, then soared by 4400bps in 2024.
  • Upwork's Return on Invested Capital (Quarter) stood at 0.07% in 2021, then plummeted by -168bps to 0.18% in 2022, then surged by 83bps to 0.03% in 2023, then soared by 877bps to 0.23% in 2024, then plummeted by -49bps to 0.12% in 2025.
  • Its Return on Invested Capital was 0.12% in Q3 2025, compared to 0.32% in Q2 2025 and 0.24% in Q1 2025.