Alibaba — Returns
RETURN METRICS
TICKER: [US.BABA - Alibaba]
PERIOD: [2010-ANNUAL ~ 2026-ANNUAL]
Parameter Value
----------------
ROIIC LAG 3Y
Tax Rate 21.0%
[+] ROE Quality: Median 16.6%
↳ Median > 15% = high quality
[~] ROE Stability: CoV 85.6%
↳ CoV < 10% = highly stable
[+] ROIC Quality: Median 48.4%
↳ Median > 15% = high quality
[~] ROIC Stability: CoV 96.0%
↳ CoV < 10% = highly stable
[~] ROIIC Efficiency: -94.8%
↳ > 10% = value creating
[~] ROIC Trend: -11.15%/yr
↳ Slope > 0.5%/yr = strengthening moat
[~] ROIC Trend Reliability: R² 45%
↳ R² > 70% = strong trend, 40-70% = moderate, < 40% = noisy
Metric ROE ROTE ROA ROIC ROIIC-3Y
-------------------------------------------------------------
Mean 20.6% 37.4% 9.3% 67.3% -251.2%
Median 16.6% 26.6% 8.5% 48.4% 31.2%
Max 78.7% 165.1% 21.0% 269.3% 452.6%
Min 6.5% 10.2% 2.8% 14.9% -4139.7%
StdDev 17.6% 38.5% 5.2% 64.6% 1175.1%
CoV 85.6% 102.8% 55.7% 96.0% 467.7%
Slope -2.27%/yr -4.04%/yr -0.80%/yr -11.15%/yr -
R² 33% 22% 47% 45% -
[DATA]
Period ROE ROTE ROA NOPAT IC ROIC ROIIC-3Y
---------------------------------------------------------------------
2010 ANNUAL 25.5% 28.5% 11.6% 1.13B -4.11B - -
2011 ANNUAL 23.1% 25.4% 11.2% 1.34B -3.18B - -
2012 ANNUAL - - - 4.23B - - -
2013 ANNUAL - - - 8.94B - - -
2014 ANNUAL 78.7% 165.1% 21.0% 19.92B 14.80B 269.3% 452.6%
2015 ANNUAL 16.6% 25.7% 9.5% 18.41B 23.55B 96.1% 78.9%
2016 ANNUAL 32.9% 56.2% 19.6% 23.67B 38.00B 76.9% 62.6%
2017 ANNUAL 15.7% 32.9% 8.1% 38.32B 67.47B 72.7% 48.4%
2018 ANNUAL 17.5% 39.7% 8.6% 55.59B 102.73B 65.3% 70.6%
2019 ANNUAL 17.8% 60.2% 8.3% 45.10B 181.85B 31.7% 27.1%
2020 ANNUAL 19.8% 36.8% 10.7% 72.68B 188.51B 39.3% 23.9%
2021 ANNUAL 16.0% 26.6% 8.5% 70.85B 198.05B 36.7% 12.6%
2022 ANNUAL 6.5% 10.2% 2.8% 74.88B 226.74B 35.3% 31.2%
2023 ANNUAL 7.3% 10.9% 3.7% 81.42B 207.64B 37.5% 19.5%
2024 ANNUAL 8.1% 11.6% 4.0% 97.86B 197.06B 48.4% 141.2%
2025 ANNUAL 12.8% 18.0% 7.0% 116.19B 262.89B 50.5% -4139.7%
2026 ANNUAL 10.0% 13.5% 5.3% 47.14B 368.97B 14.9% -94.8%audit returns
RETURN METRICS
TICKER: [US.BABA - Alibaba]
PERIOD: [2010-ANNUAL ~ 2026-ANNUAL]
Parameter Value----------------ROIIC LAG 3YTax Rate 21.0%
[+] ROE Quality: Median 16.6%
↳ Median > 15% = high quality[~] ROE Stability: CoV 85.6%
↳ CoV < 10% = highly stable[+] ROIC Quality: Median 48.4%
↳ Median > 15% = high quality[~] ROIC Stability: CoV 96.0%
↳ CoV < 10% = highly stable[~] ROIIC Efficiency: -94.8%
↳ > 10% = value creating[~] ROIC Trend: -11.15%/yr
↳ Slope > 0.5%/yr = strengthening moat[~] ROIC Trend Reliability: R² 45%
↳ R² > 70% = strong trend, 40-70% = moderate, < 40% = noisy
Metric ROE ROTE ROA ROIC ROIIC-3Y-------------------------------------------------------------Mean 20.6% 37.4% 9.3% 67.3% -251.2%Median 16.6% 26.6% 8.5% 48.4% 31.2%Max 78.7% 165.1% 21.0% 269.3% 452.6%Min 6.5% 10.2% 2.8% 14.9% -4139.7%StdDev 17.6% 38.5% 5.2% 64.6% 1175.1%CoV 85.6% 102.8% 55.7% 96.0% 467.7%Slope -2.27%/yr -4.04%/yr -0.80%/yr -11.15%/yr -R² 33% 22% 47% 45% -
[DATA]
Period ROE ROTE ROA NOPAT IC ROIC ROIIC-3Y---------------------------------------------------------------------2010 ANNUAL 25.5% 28.5% 11.6% 1.13B -4.11B - -2011 ANNUAL 23.1% 25.4% 11.2% 1.34B -3.18B - -2012 ANNUAL - - - 4.23B - - -2013 ANNUAL - - - 8.94B - - -2014 ANNUAL 78.7% 165.1% 21.0% 19.92B 14.80B 269.3% 452.6%2015 ANNUAL 16.6% 25.7% 9.5% 18.41B 23.55B 96.1% 78.9%2016 ANNUAL 32.9% 56.2% 19.6% 23.67B 38.00B 76.9% 62.6%2017 ANNUAL 15.7% 32.9% 8.1% 38.32B 67.47B 72.7% 48.4%2018 ANNUAL 17.5% 39.7% 8.6% 55.59B 102.73B 65.3% 70.6%2019 ANNUAL 17.8% 60.2% 8.3% 45.10B 181.85B 31.7% 27.1%2020 ANNUAL 19.8% 36.8% 10.7% 72.68B 188.51B 39.3% 23.9%2021 ANNUAL 16.0% 26.6% 8.5% 70.85B 198.05B 36.7% 12.6%2022 ANNUAL 6.5% 10.2% 2.8% 74.88B 226.74B 35.3% 31.2%2023 ANNUAL 7.3% 10.9% 3.7% 81.42B 207.64B 37.5% 19.5%2024 ANNUAL 8.1% 11.6% 4.0% 97.86B 197.06B 48.4% 141.2%2025 ANNUAL 12.8% 18.0% 7.0% 116.19B 262.89B 50.5% -4139.7%2026 ANNUAL 10.0% 13.5% 5.3% 47.14B 368.97B 14.9% -94.8%