Block (XYZ) Return on Invested Capital [ROIC] (2017 - 2026)
Block's Return on Invested Capital [ROIC] was 2.04% in Q2 2026, down 2.24 percentage points from 4.28% a year earlier and down 1.08 percentage points from the prior quarter.
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Analysis
Block (XYZ) Return on Invested Capital [ROIC] (2017 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Block came in at 4.64%, up 1.13 percentage points from FY2024.
- Return on Invested Capital [ROIC] has now increased for three consecutive years, with a five-year change of +5.08 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was 3.51% in FY2024 (+4.40 pp), -0.89% in FY2023 (+3.16 pp), -4.05% in FY2022 (-6.33 pp) and 2.28% in FY2021 (+2.73 pp).
- The Q2 2026 figure marks the lowest quarterly Return on Invested Capital [ROIC] since Q2 2024.
- Compared with a year earlier, Return on Invested Capital [ROIC] was higher in six of the last eight quarters, with an average year-over-year change of +1.84 percentage points.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q4 2024 (a gain of 4.23 percentage points); the worst was Q2 2022 (a drop of 6.14 percentage points).
- Per Business Quant data, XYZ's Return on Invested Capital [ROIC] in the three quarters before Q2 2026 was 3.11% (Q1 2026), 4.45% (Q4 2025) and 4.33% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 48.27 Bn | 5.08 Bn | - | 2.41% |
| 2 | PayPal Holdings | 45.51 Bn | 3.74 Bn | - | 15.87% |
| 3 | Block | 44.67 Bn | 15.93 Bn | 3.17 Bn | 2.04% |
| 4 | Iren | 31.78 Bn | 19.37 Bn | 103.89 Mn | - |
| 5 | Corpay | 25.91 Bn | 16.11 Bn | - | 12.44% |
| 6 | Fiserv | 23.59 Bn | 20.29 Bn | 2.90 Bn | 7.03% |
| 7 | Global Payments | 20.83 Bn | -735.18 Mn | 2.03 Bn | 2.37% |
| 8 | Bitmine Immersion Technologies | 15.23 Bn | 12.61 Bn | 40.81 Mn | - |
| 9 | Guidewire Software | 12.47 Bn | 9.03 Bn | 269.68 Mn | 6.58% |
| 10 | Hut 8 | 11.04 Bn | 10.88 Bn | 48.04 Mn | -13.57% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.04% |
| Mar 31, 2026 | 3.11% |
| Dec 31, 2025 | 4.45% |
| Sep 30, 2025 | 4.33% |
| Jun 30, 2025 | 4.28% |
| Mar 31, 2025 | 3.61% |
| Dec 31, 2024 | 3.35% |
| Sep 30, 2024 | 2.71% |
| Jun 30, 2024 | 1.46% |
| Mar 31, 2024 | -0.09% |
| Dec 31, 2023 | -0.88% |
| Sep 30, 2023 | -1.27% |
| Jun 30, 2023 | -1.12% |
| Mar 31, 2023 | -1.63% |
| Dec 31, 2022 | -2.85% |
| Sep 30, 2022 | -2.50% |
| Jun 30, 2022 | -2.17% |
| Mar 31, 2022 | -0.84% |
| Dec 31, 2021 | 1.91% |
| Sep 30, 2021 | 3.09% |
API Access
Block 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=XYZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "XYZ", "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=XYZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();