Waterdrop (WDH) Return on Capital Employed (2021 - 2025)

Waterdrop (WDH) recorded quarterly Return on Capital Employed of 7.45% in Q4 2025, up 12.81% quarter-over-quarter from 6.6% in Q3 2025, and up 386.0% on a YoY basis from 1.53% in Q4 2024.

Waterdrop (WDH) Return on Capital Employed (2021 - 2025) Analysis & Trends

Waterdrop's Return on Capital Employed history runs 5 years deep, the most recent figure standing at 7.45% for Q4 2025.

  • In Q4 2025, Return on Capital Employed rose 386.0% year-over-year to 7.45%; the TTM figure through Dec 2025 stood at 7.45% (up 386.0% YoY), while the FY2025 annual figure was 7.7%, up 407.0% from the prior year.
  • Return on Capital Employed was 7.45% for Q4 2025 at Waterdrop, up from 6.6% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 10.67% in Q4 2022 to a low of 46.89% in Q3 2021.
  • Historically, Return on Capital Employed has averaged 6.91% across 5 years, with a median of 2.87% in 2024.
  • The sharpest annual moves came in 2022 and 2023: Return on Capital Employed soared 5614 bps in 2022, then slumped 1079 bps in 2023.
  • A 5-year view of Return on Capital Employed shows it stood at 45.47% in 2021, then jumped by 123 bps to 10.67% in 2022, then sank by 101 bps to 0.12% in 2023, then surged by 3127 bps to 3.59% in 2024, then soared by 107 bps to 7.45% in 2025.
  • The last three Return on Capital Employed figures came in at 7.45% (Q4 2025), 6.6% (Q3 2025), and 4.98% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 American International 39.85 Bn 1.02 Bn 2.60 Bn -
2 Hartford Insurance 35.40 Bn 26.34 Bn 2.15 Bn -
3 Arch Capital 32.21 Bn 31.30 Bn 4.02 Bn -
4 Brookfield Wealth Solutions 9.95 Bn -3.21 Bn 4.62 Bn -
5 FIHL 2.04 Bn 2.04 Bn - -
6 International General Insurance Holdings 1.03 Bn 811.79 Mn 111.10 Mn -
7 Waterdrop 632.07 Mn 560.72 Mn 129.34 Mn 7.45%
8 Sun Life Financial 48.32 Mn -8.02 Bn - -
9 Exzeo 1.16 Mn -230.22 Mn 32.74 Mn -9.75%
10 Aegon 5,067.42 5,067.42 - -

Historic Data

Download Data
DateValue
Dec 31, 2025 7.45%
Sep 30, 2025 6.60%
Jun 30, 2025 4.98%
Mar 31, 2025 4.13%
Dec 31, 2024 3.59%
Sep 30, 2024 3.20%
Jun 30, 2024 2.54%
Mar 31, 2024 0.62%
Dec 31, 2023 -0.12%
Sep 30, 2023 0.94%
Jun 30, 2023 3.78%
Mar 31, 2023 7.95%
Dec 31, 2022 10.67%
Sep 30, 2022 7.40%
Jun 30, 2022 -7.45%
Mar 31, 2022 -30.29%
Dec 31, 2021 -45.47%
Sep 30, 2021 -46.89%
Jun 30, 2021 -45.01%
Mar 31, 2021 -26.76%