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
DateValue
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%