Growth Metrics

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

Waterdrop's quarterly Return on Capital Employed came in at 7.44% in Q4 2025, up 383.0% year-on-year from 1.54% in Q4 2024, and up 12.84% quarter-over-quarter from 6.59% in Q3 2025.

Waterdrop has reported Return on Capital Employed for 5 years, with the latest figure at 7.44% in Q4 2025.

  • For the quarter ending Q4 2025, Return on Capital Employed rose 383.0% year-over-year to 7.44%; the trailing twelve-month figure through Dec 2025 stood at 7.44% (up 383.0% YoY), and the FY2025 full-year result was 7.7%, up 407.0% from the prior year.
  • Return on Capital Employed for Q4 2025 stood at 7.44%, up from 6.59% in the prior quarter.
  • The five-year high for Return on Capital Employed was 10.67% in Q4 2022, with the low at 46.78% in Q3 2021.
  • Average Return on Capital Employed over 5 years is 6.89%, with a median of 2.88% recorded in 2024.
  • Year-over-year, Return on Capital Employed surged 5602 bps in 2022 and plunged 1082 bps in 2023.
  • Tracing WDH's Return on Capital Employed over 5 years: stood at 45.35% in 2021, then surged by 124 bps to 10.67% in 2022, then plunged by 101 bps to 0.15% in 2023, then soared by 2498 bps to 3.61% in 2024, then surged by 106 bps to 7.44% in 2025.
  • The last three Return on Capital Employed figures came in at 7.44% (Q4 2025), 6.59% (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 39.62 Bn 784.91 Mn 2.60 Bn -
2 Hartford Insurance 34.97 Bn 25.91 Bn 2.15 Bn -
3 Aegon 34.55 Bn 34.55 Bn - -
4 Arch Capital 31.37 Bn 30.45 Bn 4.02 Bn -
5 Fidelis Insurance Holdings 2.04 Bn 2.04 Bn 386.80 Mn -
6 International General Insurance Holdings 1.03 Bn 811.79 Mn 70.90 Mn -
7 Waterdrop 762.05 Mn 690.71 Mn 129.34 Mn 7.44%
8 Exzeo 1.28 Mn -230.11 Mn 32.74 Mn -9.75%
9 Sun Life Financial 43.53 -7.92 Bn - -
10 Sun Life Financial - - - -

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 7.44%
Sep 30, 2025 6.59%
Jun 30, 2025 4.98%
Mar 31, 2025 4.13%
Dec 31, 2024 3.61%
Sep 30, 2024 3.21%
Jun 30, 2024 2.55%
Mar 31, 2024 0.60%
Dec 31, 2023 -0.15%
Sep 30, 2023 0.91%
Jun 30, 2023 3.75%
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 -45.35%
Sep 30, 2021 -46.78%
Jun 30, 2021 -44.87%
Mar 31, 2021 -26.60%