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Block XYZ Return on invested capital

Return on invested capital at other companies

Shopify logo
ShopifySHOP
15.2%
PayPal Holdings, Inc. logo
PayPal Holdings, Inc.PYPL
52.2%+20.3pp
Toast logo
ToastTOST
68.5%+44.1pp
Coinbase Global, Inc. logo
Coinbase Global, Inc.COIN
12.6%-191pp
Affirm Holdings, Inc. logo
Affirm Holdings, Inc.AFRM
4.4%+2.9pp
Corpay logo
CorpayCPAY
14.2%+0.2pp

Other financials

Income statement

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Revenue$6.1B+4.9%
Gross profit$2.9B+27.1%
Operating income-$172.0M-152%
Net income-$308.7M-263%
EPS (diluted)-$0.52-273%

Balance sheet

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Cash & equivalents$13.5B+3.1%
Total debt$6.0B+10.9%
Total equity$21.7B+1.1%
Total assets$40.0B+9.9%

Cash flow

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Operating cash flow$965.6M+624%
CapEx$30.6M-4.1%
Free cash flow$935.0M+822%

Valuation

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Market cap$48.35B+3.3%
Enterprise value$40.87B+6.1%
P/E59.9×+44.1×
P/S0.0×

Profitability

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Gross margin44.9%+6.9pp
Operating margin4.9%+0.9pp
Net margin3.3%-7.6pp
FCF margin13.3%+8.3pp

Returns & leverage

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Return on equity3.7%-9.2pp
Debt / equity0.3×0.0×
Current ratio-0.3×

Where this comes from

Calculated from Block’s reported figures.

Based on trailing twelve months.

The source filing: Block’s 10-Q, filed May 7, 2026. Open the filing →

Filed
May 7, 2026, 4:25 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-032200

FAQ

What is Block's return on invested capital?
Block (XYZ) reported return on invested capital of 6.5% in Q1 2026.
How has Block's return on invested capital changed year-over-year?
Block's return on invested capital decreased by 14.2% year-over-year, from 7.6% to 6.5%.
What is the long-term trend for Block's return on invested capital?
Over 4 years (2020 to 2025), Block's return on invested capital has grown at a -15.5% compound annual growth rate (CAGR), from 17.7% to 9%.
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.

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