Terawulf (WULF) Return on Invested Capital [ROIC] (2016 - 2026)
Terawulf's Return on Invested Capital [ROIC] came in at -9.26% for Q2 2026, down 1.30 percentage points from the prior quarter.
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Analysis
Terawulf (WULF) Return on Invested Capital [ROIC] (2016 - 2026) Analysis & Trends
For FY2025, Terawulf's Return on Invested Capital [ROIC] was -9.48%.
- Return on Invested Capital [ROIC] carries a five-year change of -1.32 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was -18.93% in FY2022 (+17.92 pp) and -36.86% in FY2021 (-28.69 pp).
- The Q2 2026 figure represents the lowest quarterly Return on Invested Capital [ROIC] since Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,961.51 Bn | 3,884.67 Bn | 60.48 Bn | 26.70% |
| 2 | International Business Machines | 215.03 Bn | 165.84 Bn | 9.91 Bn | 11.34% |
| 3 | Cloudflare | 114.69 Bn | 98.22 Bn | 499.52 Mn | -12.36% |
| 4 | Equinix | 98.17 Bn | 86.73 Bn | 1.40 Bn | 5.65% |
| 5 | Nebius | 44.92 Bn | 18.35 Bn | 448.70 Mn | -3.32% |
| 6 | CoreWeave | 36.20 Bn | 23.29 Bn | 1.70 Bn | -1.20% |
| 7 | Verisign | 27.35 Bn | 24.56 Bn | 384.60 Mn | - |
| 8 | Nutanix | 18.78 Bn | 10.46 Bn | 651.35 Mn | - |
| 9 | GoDaddy | 13.53 Bn | 9.11 Bn | 828.20 Mn | 25.51% |
| 10 | Terawulf | 5.64 Bn | -3.59 Bn | 32.37 Mn | -9.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -9.26% |
| Mar 31, 2026 | -7.96% |
| Sep 30, 2023 | -14.32% |
| Jun 30, 2023 | -16.24% |
| Mar 31, 2023 | -17.22% |
| Dec 31, 2022 | -17.98% |
| Dec 31, 2021 | -33.29% |
| Sep 30, 2021 | -56.43% |
| Jun 30, 2021 | -10.87% |
| Mar 31, 2021 | -11.66% |
| Dec 31, 2020 | -8.38% |
| Sep 30, 2020 | -13.27% |
| Jun 30, 2020 | -12.54% |
| Mar 31, 2020 | -6.21% |
| Dec 31, 2019 | -5.22% |
| Sep 30, 2019 | -3.68% |
| Jun 30, 2019 | -2.74% |
| Mar 31, 2019 | -0.98% |
| Dec 31, 2018 | 1.06% |
| Sep 30, 2018 | 2.51% |
API Access
Terawulf Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=WULF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "WULF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=WULF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();