Short answer
ROAS is revenue attributed to a channel or campaign divided by that channel's spend. Platform ROAS often double-counts the same order across Meta and Google.
Formula
ROAS = attributed revenue / channel ad spend
Worked example
A Meta campaign reporting 4.8x ROAS can still lose money if RTO is high and Google also claims the same orders. Always read ROAS next to MER and contribution.
This term sits in the D2C analytics hub. Use the related pages below for the full playbook.
Frequently asked questions
What does ROAS mean for a D2C brand?
ROAS is revenue attributed to a channel or campaign divided by that channel's spend. Platform ROAS often double-counts the same order across Meta and Google.
Where should I track ROAS?
Start in the D2C analytics guide and the linked calculators or product pages. MarQet BI is built around this operating problem.