Ardelyx (ARDX) Return on Invested Capital (2020 - 2024)
Ardelyx (ARDX) posted Return on Invested Capital of 0.02% for Q1 2024, down 62.81% on a QoQ basis from 0.01% in Q4 2023, and down 1.0% year-over-year from 0.02% in Q2 2023.
Ardelyx (ARDX) Return on Invested Capital (2020 - 2024) Analysis & Trends
Ardelyx's Return on Invested Capital history runs 5 years deep, the most recent figure standing at 0.02% for Q1 2024.
- Quarterly Return on Invested Capital fell 1.0% year-over-year to 0.02% in Q1 2024, while the trailing twelve-month figure through Mar 2024 was 0.02% (down 1.0% YoY) and the FY2022 annual result came in at 0.02%, up 6.0% from the prior year.
- Return on Invested Capital was 0.02% for Q1 2024 at Ardelyx, down from 0.01% in the prior quarter.
- Across five years, Return on Invested Capital topped out at 0.0% in Q3 2023 and bottomed at 0.18% in Q1 2020.
- A 5-year average of 0.03% and a median of 0.01% in 2021 frame the typical range for Return on Invested Capital.
- Annual changes were most pronounced in 2021 — Return on Invested Capital grew 15 bps — and 2024, when it fell 1 bps.
- Ardelyx's Return on Invested Capital stood at 0.04% in 2020, then soared by 65 bps to 0.01% in 2021, then jumped by 56 bps to 0.01% in 2022, then sank by 61 bps to 0.01% in 2023, then tumbled by 63 bps to 0.02% in 2024.
- Business Quant data shows ARDX's Return on Invested Capital at 0.02% in Q1 2024, 0.01% in Q4 2023, and 0.0% in Q3 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | - |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 0.00% |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | - |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | - |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 0.04% |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | - |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | - |
| 10 | Ardelyx | 1.26 Bn | 1.02 Bn | 89.66 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | -0.02% |
| Dec 31, 2023 | -0.01% |
| Sep 30, 2023 | 0.00% |
| Jun 30, 2023 | 0.00% |
| Mar 31, 2023 | -0.01% |
| Dec 31, 2022 | -0.01% |
| Sep 30, 2022 | -0.01% |
| Jun 30, 2022 | -0.01% |
| Mar 31, 2022 | -0.01% |
| Dec 31, 2021 | -0.01% |
| Sep 30, 2021 | -0.02% |
| Jun 30, 2021 | -0.03% |
| Mar 31, 2021 | -0.03% |
| Dec 31, 2020 | -0.04% |
| Jun 30, 2020 | -0.06% |
| Mar 31, 2020 | -0.18% |