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BILL Holdings BILL Return on invested capital

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14.2%+0.2pp
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25.8%+9.4pp
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11.6%-2.7pp
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9.3%-1.8pp
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8%+3.3pp

Other financials

Income statement

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Revenue$406.6M+13.5%
Gross profit$331.9M+14.0%
Operating income-$399.0K+98.6%
Net income$12.8M+210%
EPS (diluted)$0.12+209%

Balance sheet

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Cash & equivalents$3.4B+6.0%
Total debt$1.9B+6.3%
Total equity$3.8B-1.7%
Total assets$10.1B+4.6%

Cash flow

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Operating cash flow$102.7M+3.2%
CapEx$168.0K-85.4%
Free cash flow$102.5M+4.2%

Valuation

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Market cap$3.22B-19.0%

Profitability

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Gross margin80.7%-0.8pp
Operating margin-3.8%-0.9pp
Net margin-4.2%-1.9pp
FCF margin23.9%-0.2pp

Returns & leverage

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Return on equity-1.3%-0.6pp
Debt / equity0.5×0.0×
Current ratio1.7×0.0×

Where this comes from

Calculated from BILL Holdings’s reported figures.

Based on trailing twelve months.

The official record: BILL Holdings’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is BILL Holdings's return on invested capital?
BILL Holdings (BILL) reported return on invested capital of -2.6% in Q1 2026.
How has BILL Holdings's return on invested capital changed year-over-year?
BILL Holdings's return on invested capital decreased by 7.9% year-over-year, from -2.4% to -2.6%.
What is the long-term trend for BILL Holdings's return on invested capital?
Over 3 years (2022 to 2025), BILL Holdings's return on invested capital has grown at a -43.0% compound annual growth rate (CAGR), from -9.9% to -1.8%.
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.