Strategy Inc

MSTR Technology Software Application

Strategy Inc’s revenue for fiscal 2025 (year ended December 2025) was $477.2 million, up 2.97% from fiscal 2024.

Revenue
−2.54%
EPS
+413.8%
Free cash flow
+96.1%
Total debt
−17.8%

Quarter to September 2026, against a year earlier

130.42 12.12 −8.50%
Market cap
$54.6B
P/E
0.0×
Fwd P/E
−8.0×
Dividend yield
—
F-score
3/9
Altman Z
1.35
Beneish M
−2.47
Dividend safety
n/a

Strategy Inc (MSTR) Return on invested capital

Alert me on Return on invested capital

Strategy Inc's return on invested capital over the twelve months to 30 September 2026 was −21.5%, down 14.7 percentage points from fiscal 2025 (−6.80%). Over the past ten years it has ranged from −41.0% (fiscal 2022) to 0.00% (fiscal 2018); the current reading is higher than 27% of that period. That is below the Software Application industry median of 0.00% and below the Technology sector median of 0.00%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 −6.80% (2.24)
FY2024 −4.56% (2.89)
FY2023 −1.67% 39.32
FY2022 −41.0% (25.06)
FY2021 −15.9% (15.07)
FY2020 −0.86% 0.28
FY2019 −1.14% (1.14)
FY2018 0.00% 0.00
FY2017 0.00% 0.00
FY2016 0.00% 0.00

Against its own ten years

Low −41.0% High 0.00%
Ten-year median −1.14%
Current reading's percentile 27

Return on invested capital against peers

Company Return on invested capital
ADSK Autodesk, Inc. compare 105.2%
PAYX Paychex, Inc. compare 22.2%
INTU Intuit Inc. compare 20.2%
CDNS Cadence Design Systems, Inc. compare 13.8%
DDOG Datadog, Inc. compare 12.9%
WDAY Workday, Inc. compare 11.2%
ROP Roper Technologies, Inc. compare 5.17%
TEAM Atlassian Corporation PLC compare 0.80%
MSTR Strategy Inc −21.5%
Software Application industry median 0.00%
Technology sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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