Block (XYZ) Return on Invested Capital [ROIC] (2017 - 2026)
Block's Return on Invested Capital [ROIC] was 2.52% in Q3 2026, down 1.72 percentage points from 4.25% a year earlier but up 0.56 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 4.42%, up 1.07 percentage points from FY2024.
- Return on Invested Capital [ROIC] has now increased for three consecutive years, with a five-year change of +4.86 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was 3.35% in FY2024 (+4.21 pp), -0.86% in FY2023 (+3.07 pp), -3.93% in FY2022 (-6.22 pp) and 2.28% in FY2021 (+2.73 pp).
- Quarterly Return on Invested Capital [ROIC] has moved between -2.76% (Q4 2022) and 4.31% (Q4 2025) over five years.
- Compared with a year earlier, Return on Invested Capital [ROIC] has declined for three straight quarters, with an average year-over-year change of +1.09 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q4 2024 (a gain of 4.05 percentage points); the worst was Q2 2022 (a drop of 6.12 percentage points).
- Per Business Quant data, XYZ's Return on Invested Capital [ROIC] in the three quarters before Q3 2026 was 1.97% (Q2 2026), 3.00% (Q1 2026) and 4.31% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 51.56 Bn | 23.34 Bn | 3.24 Bn | 2.52% |
| 2 | PayPal Holdings | 50.29 Bn | 8.99 Bn | - | 14.60% |
| 3 | Coinbase Global | 35.53 Bn | -4.11 Bn | - | 0.76% |
| 4 | Fiserv | 33.43 Bn | 30.64 Bn | 2.76 Bn | -4.41% |
| 5 | Corpay | 29.86 Bn | 18.68 Bn | - | 11.41% |
| 6 | Global Payments | 25.78 Bn | 604.58 Mn | 2.01 Bn | 0.00% |
| 7 | Guidewire Software | 13.57 Bn | 10.14 Bn | 269.68 Mn | 6.58% |
| 8 | Jack Henry & Associates | 12.44 Bn | 12.35 Bn | 273.85 Mn | 22.66% |
| 9 | Chime Financial | 11.95 Bn | 7.64 Bn | 646.07 Mn | 3.07% |
| 10 | Bitmine Immersion Technologies | 10.38 Bn | 7.76 Bn | 40.81 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.52% |
| Jun 30, 2026 | 2.00% |
| Mar 31, 2026 | 3.01% |
| Dec 31, 2025 | 4.31% |
| Sep 30, 2025 | 4.25% |
| Jun 30, 2025 | 4.17% |
| Mar 31, 2025 | 3.47% |
| Dec 31, 2024 | 3.20% |
| Sep 30, 2024 | 2.61% |
| Jun 30, 2024 | 1.40% |
| Mar 31, 2024 | -0.08% |
| Dec 31, 2023 | -0.85% |
| Sep 30, 2023 | -1.24% |
| Jun 30, 2023 | -1.10% |
| Mar 31, 2023 | -1.57% |
| Dec 31, 2022 | -2.76% |
| Sep 30, 2022 | -2.46% |
| Jun 30, 2022 | -2.14% |
| Mar 31, 2022 | -0.83% |
| Dec 31, 2021 | 1.91% |
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();