Angiodynamics (ANGO) Return on Invested Capital [ROIC] (2011 - 2024)
Angiodynamics (ANGO) posted Return on Invested Capital [ROIC] of -61.89% for fiscal Q3 2024 (quarter ended Feb 29, 2024), down 54.20 percentage points from -7.69% a year earlier and down 60.00 percentage points from the prior quarter.
Angiodynamics (ANGO) Return on Invested Capital [ROIC] (2011 - 2024) Analysis & Trends
For FY2023 (ended May 31, 2023), Angiodynamics' Return on Invested Capital [ROIC] came in at -11.24%, down 5.68 percentage points from FY2022.
- Annual Return on Invested Capital [ROIC] shows a five-year change of -10.42 percentage points (FY2018 to FY2023).
- In prior fiscal years, Angiodynamics' Return on Invested Capital [ROIC] was -5.55% in FY2022 (+0.92 pp), -6.47% in FY2021 (+20.23 pp), -26.70% in FY2020 (-25.67 pp) and -1.03% in FY2019 (-0.21 pp).
- The fiscal Q3 2024 figure stands as the lowest quarterly Return on Invested Capital [ROIC] in data going back to fiscal Q1 2012.
- On a year-over-year basis, Return on Invested Capital [ROIC] increased in six of the last eight quarters, with an average year-over-year change of -5.61 percentage points.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was fiscal Q1 2022, with a gain of 27.12 percentage points; the weakest was fiscal Q3 2024, with a drop of 54.20 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior fiscal quarters was -1.89% (Q2 2024), 0.00% (Q1 2024) and -11.26% (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 242.18 Bn | 221.33 Bn | 4.88 Bn | 7.89% |
| 2 | Abbott Laboratories | 168.71 Bn | 139.79 Bn | 7.27 Bn | 6.20% |
| 3 | Danaher | 150.46 Bn | 134.27 Bn | 3.61 Bn | 5.71% |
| 4 | Intuitive Surgical | 138.71 Bn | 118.26 Bn | 1.96 Bn | - |
| 5 | Medtronic | 110.54 Bn | 76.41 Bn | 6.34 Bn | 6.90% |
| 6 | Stryker | 105.66 Bn | 91.78 Bn | 4.50 Bn | 10.46% |
| 7 | Boston Scientific | 61.74 Bn | 56.75 Bn | 3.85 Bn | 10.53% |
| 8 | Edwards Lifesciences | 49.09 Bn | 33.21 Bn | 1.35 Bn | 8.99% |
| 9 | Becton Dickinson | 48.16 Bn | 45.31 Bn | 2.32 Bn | 5.27% |
| 10 | Angiodynamics | 630.09 Mn | 458.02 Mn | 46.77 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Feb 29, 2024 | -61.89% |
| Nov 30, 2023 | -1.89% |
| Aug 31, 2023 | 0.00% |
| May 31, 2023 | -11.26% |
| Feb 28, 2023 | -7.69% |
| Nov 30, 2022 | -6.64% |
| Aug 31, 2022 | -6.82% |
| May 31, 2022 | -5.58% |
| Feb 28, 2022 | -8.43% |
| Nov 30, 2021 | -8.07% |
| Aug 31, 2021 | -7.15% |
| May 31, 2021 | -6.54% |
| Feb 28, 2021 | -34.40% |
| Nov 30, 2020 | -34.51% |
| Aug 31, 2020 | -34.27% |
| May 31, 2020 | -29.61% |
| Feb 29, 2020 | -0.86% |
| Nov 30, 2019 | -0.55% |
| Aug 31, 2019 | -0.44% |
| May 31, 2019 | -0.99% |
Angiodynamics Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=ANGO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "ANGO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=ANGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();