Zkh (ZKH) Return on Invested Capital (2023 - 2026)

Zkh's (ZKH) quarterly Return on Invested Capital came in at 1.44% in Q1 2026, down 29.0% YoY from 2.02% in Q1 2025, and up 4.24% on a QoQ basis from 1.5% in Q4 2025.

Zkh (ZKH) Return on Invested Capital (2023 - 2026) Analysis & Trends

Zkh (ZKH) has 4 years of Return on Invested Capital data on file, last reported at 1.44% in Q1 2026.

  • Quarterly Return on Invested Capital fell 29.0% year-over-year to 1.44% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.44% (down 29.0% YoY) and the FY2025 annual result came in at 7.89%, down 49.0% from the prior year.
  • Return on Invested Capital improved to 1.44% in Q1 2026, from 1.5% in the prior quarter.
  • In the past five years, Return on Invested Capital ranged from a high of 0.01% in Q3 2024 to a low of 1.5% in Q4 2025.
  • A 4-year average of 0.58% and a median of 0.01% in 2024 frame the typical range for Return on Invested Capital.
  • Annual changes were most pronounced in 2024 — Return on Invested Capital changed 0 bps — and 2025, when it plunged 149 bps.
  • Tracing ZKH's Return on Invested Capital over 4 years: stood at 0.01% in 2023, then decreased by 18 bps to 0.01% in 2024, then plunged by 12911 bps to 1.5% in 2025, then climbed by 4 bps to 1.44% in 2026.
  • The last three Return on Invested Capital figures came in at 1.44% (Q1 2026), 1.5% (Q4 2025), and 1.14% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 Amazon Com 2,931.64 Bn 2,808.66 Bn 198.88 Bn -
2 PDD Holdings 506.17 Bn 446.63 Bn 9.83 Bn 0.17%
3 Mercadolibre 98.29 Bn 83.09 Bn 4.16 Bn 0.00%
4 DoorDash 92.11 Bn 86.76 Bn 2.35 Bn -
5 JD.com 87.50 Bn 58.32 Bn 7.66 Bn 0.02%
6 Sea 78.22 Bn 69.70 Bn 3.15 Bn 0.28%
7 Ebay 47.18 Bn 43.87 Bn 2.30 Bn 0.00%
8 Coupang 29.74 Bn 23.63 Bn 2.49 Bn 0.00%
9 Zkh 16.36 Bn 16.36 Bn 51.11 Mn -1.44%
10 Wayfair 13.66 Bn 12.51 Bn 1.05 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.44%
Dec 31, 2025 -1.50%
Sep 30, 2025 -1.14%
Mar 31, 2025 -1.15%
Dec 31, 2024 -0.01%
Sep 30, 2024 -0.01%
Jun 30, 2024 -0.01%
Mar 31, 2024 -0.01%
Dec 31, 2023 -0.01%