Vipshop Holdings (VIPS) Return on Capital Employed (2012 - 2026)

Vipshop Holdings (VIPS) recorded quarterly Return on Capital Employed of 17.55% in Q1 2026, up 3.36% quarter-over-quarter from 16.98% in Q4 2025, and down 140.0% on a YoY basis from 43.89% in Q1 2025.

Vipshop Holdings (VIPS) Return on Capital Employed (2012 - 2026) Analysis & Trends

Vipshop Holdings' Return on Capital Employed history runs 15 years deep, the most recent figure standing at 17.55% for Q1 2026.

  • In Q1 2026, Return on Capital Employed fell 140.0% year-over-year to 17.55%; the TTM figure through Mar 2026 stood at 17.55% (down 140.0% YoY), while the FY2025 annual figure was 4.95%, down 1557.0% from the prior year.
  • Return on Capital Employed was 17.55% for Q1 2026 at Vipshop Holdings, up from 16.98% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 25.68% in Q4 2023 to a low of 13.82% in Q1 2022.
  • Historically, Return on Capital Employed has averaged 19.51% across 5 years, with a median of 18.95% in 2025.
  • The sharpest annual moves came in 2023 and 2025: Return on Capital Employed jumped 709 bps in 2023, then plunged 658 bps in 2025.
  • A 5-year view of Return on Capital Employed shows it stood at 19.77% in 2022, then grew by 30 bps to 25.68% in 2023, then fell by 18 bps to 21.17% in 2024, then fell by 20 bps to 16.98% in 2025, then grew by 3 bps to 17.55% in 2026.
  • The last three Return on Capital Employed figures came in at 17.55% (Q1 2026), 16.98% (Q4 2025), and 17.77% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Amazon Com 2,624.51 Bn 2,481.43 Bn 171.21 Bn 12.12%
2 Mercadolibre 83.29 Bn 77.64 Bn 3.86 Bn 23.76%
3 DoorDash 67.87 Bn 63.01 Bn 2.04 Bn 5.26%
4 PDD Holdings 64.68 Bn 40.01 Bn 12.81 Bn 0.03%
5 Ebay 48.60 Bn 44.74 Bn 2.29 Bn 18.13%
6 Coupang 29.01 Bn 28.92 Bn 2.30 Bn 0.97%
7 Zkh 16.33 Bn 16.33 Bn 285.30 Mn 246,132.27%
8 Maplebear 10.11 Bn 9.42 Bn 738.00 Mn 20.87%
9 Wayfair 9.36 Bn 8.30 Bn 880.00 Mn 11.64%
10 Vipshop Holdings 225.75 Mn -3.35 Bn 941.60 Mn 17.55%

Historic Data

Download Data
DateValue
Mar 31, 2026 17.55%
Dec 31, 2025 16.98%
Sep 30, 2025 17.77%
Jun 30, 2025 18.06%
Mar 31, 2025 18.95%
Dec 31, 2024 21.17%
Sep 30, 2024 24.35%
Jun 30, 2024 23.23%
Mar 31, 2024 23.31%
Dec 31, 2023 25.68%
Sep 30, 2023 22.25%
Jun 30, 2023 21.04%
Mar 31, 2023 18.02%
Dec 31, 2022 19.77%
Sep 30, 2022 15.16%
Jun 30, 2022 14.56%
Mar 31, 2022 13.82%
Dec 31, 2021 16.97%
Mar 31, 2021 17.99%
Dec 31, 2020 20.17%