Full Truck Alliance (YMM) Return on Invested Capital (2021 - 2026)
Full Truck Alliance (YMM) posted Return on Invested Capital of 0.8% for Q1 2026, down 52.06% sequentially from 1.66% in Q4 2025.
Full Truck Alliance (YMM) Return on Invested Capital (2021 - 2026) Analysis & Trends
Full Truck Alliance has reported Return on Invested Capital for 6 years, with the latest figure at 0.8% in Q1 2026.
- Quarterly Return on Invested Capital changed N/A year-over-year to 0.8% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.8% (changed N/A YoY) and the FY2022 annual result came in at 0.01%, up 22.0% from the prior year.
- Return on Invested Capital declined to 0.8% in Q1 2026 per YMM's latest filing, from 1.66% in the prior quarter.
- Over five years, Return on Invested Capital peaked at 1.66% in Q4 2025 and troughed at 0.05% in Q1 2022.
- A 5-year average of 0.23% and a median of 0.01% in 2023 frame the typical range for Return on Invested Capital.
- The sharpest annual moves came in 2022 and 2023: Return on Invested Capital rose 15 bps in 2022, then grew 4 bps in 2023.
- Over 5 years, Return on Invested Capital stood at 0.0% in 2022, then soared by 889 bps to 0.03% in 2023, then surged by 91 bps to 0.06% in 2024, then jumped by 2508 bps to 1.66% in 2025, then plunged by 52 bps to 0.8% in 2026.
- According to Business Quant data, Return on Invested Capital over the past three periods registered 0.8%, 1.66%, and 0.06% for Q1 2026, Q4 2025, and Q1 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 0.04% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 0.01% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 0.02% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | - |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | - |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | - |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | - |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 0.04% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 0.02% |
| 10 | Full Truck Alliance | 9.16 Bn | 6.51 Bn | - | 1.05% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.80% |
| Dec 31, 2025 | 1.66% |
| Mar 31, 2024 | 0.06% |
| Dec 31, 2023 | 0.03% |
| Sep 30, 2023 | 0.02% |
| Jun 30, 2023 | 0.01% |
| Mar 31, 2023 | 0.01% |
| Dec 31, 2022 | 0.00% |
| Sep 30, 2022 | -0.02% |
| Jun 30, 2022 | -0.02% |
| Mar 31, 2022 | -0.05% |
| Dec 31, 2021 | -0.06% |
| Sep 30, 2021 | -0.09% |
| Jun 30, 2021 | -0.18% |