Full Truck Alliance (YMM) Return on Capital Employed (2021 - 2026)

Full Truck Alliance's (YMM) quarterly Return on Capital Employed came in at 9.54% in Q1 2026, up 74.0% year-on-year from 5.48% in Q1 2025, and down 4.4% quarter-over-quarter from 9.98% in Q4 2025.

Full Truck Alliance (YMM) Return on Capital Employed (2021 - 2026) Analysis & Trends

Full Truck Alliance has disclosed Return on Capital Employed across 6 years of filings, most recently posting 9.54% for Q1 2026.

  • Return on Capital Employed for Q1 2026 came in at 9.54%, up 74.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 9.54% (up 74.0% YoY), and the FY2025 annual result was 10.61%, up 396.0% from the prior year.
  • Return on Capital Employed came in at 9.54% for Q1 2026 at Full Truck Alliance, down from 9.98% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 9.98% in Q4 2025 to a low of 11.94% in Q1 2022.
  • The 5-year median for Return on Capital Employed is 3.24% (2024), against an average of 3.0%.
  • Across the five-year window, Return on Capital Employed surged 1269 bps in 2023 and surged 74 bps in 2026, its largest moves.
  • Full Truck Alliance's Return on Capital Employed stood at 0.58% in 2022, then jumped by 589 bps to 2.82% in 2023, then soared by 128 bps to 6.43% in 2024, then surged by 55 bps to 9.98% in 2025, then dropped by 4 bps to 9.54% in 2026.
  • The last three Return on Capital Employed figures came in at 9.54% (Q1 2026), 9.98% (Q4 2025), and 9.82% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 40.19%
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 9.54%
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 12.81%
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 12.40%
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 10.65%
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 17.43%
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 12.32%
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn -20.99%
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 51.24%
10 Snowflake 82.57 Bn 79.61 Bn 926.45 Mn -25.94%

Historic Data

Download Data
DateValue
Mar 31, 2026 9.54%
Dec 31, 2025 9.98%
Sep 30, 2025 9.82%
Jun 30, 2025 9.92%
Mar 31, 2025 8.80%
Dec 31, 2024 6.43%
Sep 30, 2024 5.20%
Jun 30, 2024 3.80%
Mar 31, 2024 3.24%
Dec 31, 2023 2.82%
Sep 30, 2023 2.11%
Jun 30, 2023 1.82%
Mar 31, 2023 0.75%
Dec 31, 2022 -0.58%
Sep 30, 2022 -4.92%
Jun 30, 2022 -5.86%
Mar 31, 2022 -11.94%
Dec 31, 2021 -11.90%
Sep 30, 2021 -15.96%