Upwork Inc. (UPWK) Return on Invested Capital (ROIC): 9.66%
Is Upwork Inc.’s return on invested capital (ROIC) high or low?
Upwork Inc.'s return on invested capital (ROIC) of 9.66% is 756% above its 5-year average of -1.47%, near the high end of its 5-year range (-11.04%–9.66%).
As of Wednesday, June 17, 2026. 16.67% above its 12-month average of 8.28%.
UPWK Return on Invested Capital (ROIC) Chart
UPWK Average Return on Invested Capital (ROIC) Chart
UPWK Current vs Average Return on Invested Capital (ROIC) Chart
UPWK Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
9.66%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
8.28%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
1.02%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-1.47%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+16.67%
CURRENT VS 3Y AVG
+847.06%
CURRENT VS 5Y AVG
+756.40%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
UPWK Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Upwork Inc. (UPWK) | $1.02B | 9.66% | 8.28% | 1.02% | -1.47% |
| AIAI Holdings Corporation Class A Common Stock (AIAI)vs › | $1.08B | N/A | N/A | N/A | N/A |
| Kforce Inc. (KFRC)vs › | $852.55M | 14.55% | 17.73% | 23.02% | 21.85% |
| Ameresco, Inc. (AMRC)vs › | $1.44B | 3.52% | 3.34% | 3.61% | 4.10% |
| T1 Energy Inc (TE)vs › | $1.57B | -17.75% | -11.79% | -12.22% | -22.07% |
| SCHMID Group N.V. Class A Ordinary Shares (SHMD)vs › | $266.56M | -25.91% | -36.75% | 0.65% | -0.80% |
| Ampco-Pittsburgh Corporation (AP)vs › | $234.97M | 1.59% | 1.47% | -0.96% | -0.54% |
| Preformed Line Products Company (PLPC)vs › | $1.81B | 7.78% | 7.78% | 9.77% | 9.23% |
| Enerpac Tool Group Corp. (EPAC)vs › | $1.90B | 15.12% | 14.71% | 10.99% | 8.84% |
| Werner Enterprises, Inc. (WERN)vs › | $2.53B | 2.71% | 2.31% | 4.45% | 6.00% |
Capital Efficiency
ROIC
9.7%
ROE
19.2%
Upwork Inc. Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Upwork Inc. Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for Upwork Inc. (UPWK)?
- The return on invested capital (ROIC) for UPWK stock is 9.66%.
- Is Upwork Inc.'s return on invested capital (ROIC) high or low?
- Upwork Inc.'s return on invested capital (ROIC) of 9.66% is 756% above its 5-year average of -1.47%, near the high end of its 5-year range (-11.04%–9.66%).
- What is the TTM average return on invested capital (ROIC) for Upwork Inc. (UPWK)?
- The TTM average return on invested capital (ROIC) for UPWK stock is 8.28%.
- What is the 3Y average return on invested capital (ROIC) for Upwork Inc. (UPWK)?
- The 3Y average return on invested capital (ROIC) for UPWK stock is 1.02%.
- What is the 5Y average return on invested capital (ROIC) for Upwork Inc. (UPWK)?
- The 5Y average return on invested capital (ROIC) for UPWK stock is -1.47%.
Upwork Inc. Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 9.66% |
| 2024-12-31 | 6.90% |
| 2023-12-31 | -1.44% |
| 2022-12-31 | -11.04% |
| 2021-12-31 | -6.35% |
| 2020-12-31 | -6.56% |
| 2019-12-31 | -6.08% |
| 2018-12-31 | -4.34% |
| 2017-12-31 | -1.82% |
| 2016-12-31 | -8.65% |
Related Metrics
About Upwork Inc.
Upwork Inc., operating alongside its subsidiaries, provides a leading online work marketplace that connects businesses globally with independent professionals and agencies, spanning the United States, India, the Philippines, and other international markets. The platform grants clients access to a vast and diverse pool of talent, covering a wide array of specializations. These include key areas like sales and marketing, customer service, data science and analytics, creative design, and various aspects of web, mobile, and software development. Beyond talent acquisition, the marketplace also streamlines key operational workflows for businesses, such as sourcing candidates, managing outreach, and facilitating contract agreements. To support effective remote collaborations, Upwork offers a suite of functionalities, including robust communication and collaboration tools, simplified invoicing directly through the platform, and comprehensive payment protection. Upwork's marketplace offerings encompass various service tiers, such as Upwork Basic, Plus, Enterprise, and Payroll solutions, alongside managed and internet escrow agency services. Originally incorporated in 2013 and initially known as Elance-oDesk, Inc., the company rebranded to Upwork Inc. in May 2015. It maintains its headquarters in San Francisco, California.
- Sector
- Industrials
- Industry
- Staffing & Employment Services
- CEO
- Hayden Brown