Applied Digital APLD Return on invested capital

Return on invested capital at other companies

Equinix, Inc.EQIX

5.5%+1.3pp

Riot Platforms, Inc.RIOT

-27.5%-80.5pp

Digital RealtyDLR

3.3%+0.8pp

Cipher Digital, Inc.CIFR

-17.2%—

Core Scientific, Inc.CORZ

-95.7%—

Hut 8 Mining Corp.HUT

-50.9%-53.4pp

FAQ

What is Applied Digital's return on invested capital?

Applied Digital (APLD) reported return on invested capital of -8.2% in Q1 2026.

What is the long-term trend for Applied Digital's return on invested capital?

Over 2 years (2023 to 2026), Applied Digital's return on invested capital has grown at a -74.5% compound annual growth rate (CAGR), from -125.4% to -8.2%.

What does return on invested capital mean?

Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.