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Strategy stock: key metrics
MSTRStrategy had an operating margin of −8.6% and a return on invested capital (ROIC) of −0.1% in fiscal 2025.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2006 | 85.9% | 31.8% | 22.6% |
| 2007 | 82.7% | 25.2% | 16.7% |
| 2008 | 82.4% | 18.8% | 11.6% |
| 2009 | 82.4% | 22.8% | 19.8% |
| 2010 | 76.7% | 11.1% | 9.6% |
| 2011 | 75.7% | 3.9% | no data |
| 2012 | 75.1% | 5.9% | 3.6% |
| 2013 | 75.9% | 3.4% | no data |
| 2014 | 76.7% | 0.9% | 0.9% |
| 2015 | 80.9% | 25.3% | 20.0% |
| 2016 | 81.9% | 21.3% | 18.0% |
| 2017 | 80.8% | 14.5% | 3.6% |
| 2018 | 80.0% | 0.8% | 4.5% |
| 2019 | 79.4% | −0.2% | 7.1% |
| 2020 | 81.1% | −2.8% | −1.6% |
| 2021 | 82.0% | −153.6% | −104.8% |
| 2022 | 79.4% | −255.5% | −294.4% |
| 2023 | 77.8% | −23.2% | 86.5% |
| 2024 | 72.1% | −399.8% | −251.7% |
| 2025 | 68.7% | −8.6% | −806.3% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2006 | 53.2% | 128.8% | 28.5% |
| 2007 | 56.6% | 156.5% | 24.2% |
| 2008 | 30.3% | 30.4% | 14.3% |
| 2009 | 34.9% | 32.1% | 19.5% |
| 2010 | 29.4% | 18.9% | 11.5% |
| 2011 | no data | 8.4% | no data |
| 2012 | 10.3% | 9.3% | 4.3% |
| 2013 | no data | 6.4% | no data |
| 2014 | 1.6% | 0.7% | 0.9% |
| 2015 | 23.3% | 24.4% | 16.1% |
| 2016 | 16.7% | 16.5% | 12.0% |
| 2017 | 3.1% | 5.5% | 1.9% |
| 2018 | 4.2% | 0.6% | 2.6% |
| 2019 | 6.8% | −0.1% | 3.7% |
| 2020 | −1.4% | −1.9% | −0.5% |
| 2021 | −54.7% | −29.4% | −15.1% |
| 2022 | 200.0% | −39.0% | −61.0% |
| 2023 | 19.8% | −2.8% | 9.0% |
| 2024 | −6.4% | −9.8% | −4.5% |
| 2025 | −7.5% | −0.1% | −6.2% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 10 Oct 2025)
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.