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

Full Truck Alliance (YMM) reported Return on Capital Employed of 9.52% for Q1 2026, up 75.0% on a YoY basis from 5.44% in Q1 2025, and down 4.41% sequentially from 9.95% in Q4 2025.

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

Full Truck Alliance (YMM) has 6 years of Return on Capital Employed data on file, last reported at 9.52% in Q1 2026.

  • For the quarter ending Q1 2026, Return on Capital Employed rose 75.0% year-over-year to 9.52%; the trailing twelve-month figure through Mar 2026 stood at 9.52% (up 75.0% YoY), and the FY2025 full-year result was 10.32%, up 378.0% from the prior year.
  • Return on Capital Employed declined to 9.52% in Q1 2026, from 9.95% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 9.95% in Q4 2025 to a low of 11.94% in Q1 2022.
  • A 5-year average of 2.98% and a median of 3.24% in 2024 frame the typical range for Return on Capital Employed.
  • Across the five-year window, Return on Capital Employed surged 1269 bps in 2023 and jumped 75 bps in 2026, its largest moves.
  • Tracing YMM's Return on Capital Employed over 5 years: stood at 0.58% in 2022, then soared by 589 bps to 2.82% in 2023, then jumped by 127 bps to 6.4% in 2024, then surged by 56 bps to 9.95% in 2025, then dropped by 4 bps to 9.52% in 2026.
  • Business Quant data shows YMM's Return on Capital Employed at 9.52% in Q1 2026, 9.95% in Q4 2025, and 9.79% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 40.19%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - 9.52%
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 12.40%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 12.81%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 10.65%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 10.59%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn -7.29%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -25.94%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 17.43%
10 Datadog 86.34 Bn 81.58 Bn 797.20 Mn -0.48%

Historic Data

Download Data
DateValue
Mar 31, 2026 9.52%
Dec 31, 2025 9.95%
Sep 30, 2025 9.79%
Jun 30, 2025 9.85%
Mar 31, 2025 8.76%
Dec 31, 2024 6.40%
Sep 30, 2024 5.16%
Jun 30, 2024 3.81%
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 -15.97%