Avanos Medical (AVNS) Return on Invested Capital [ROIC] (2014 - 2026)
Avanos Medical (AVNS) reported Return on Invested Capital [ROIC] of -7.97% for Q1 2026, up 36.52 percentage points from -44.49% a year earlier but down 0.15 percentage points from the prior quarter.
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Analysis
Avanos Medical (AVNS) Return on Invested Capital [ROIC] (2014 - 2026) Analysis & Trends
For FY2025, Avanos Medical posted Return on Invested Capital [ROIC] of -7.58%, up 28.87 percentage points from FY2024.
- Return on Invested Capital [ROIC] has a three-year change of -9.53 percentage points (FY2022 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at -36.44% in FY2024 (-36.74 pp), 0.30% in FY2023 (-1.65 pp) and 1.96% in FY2022.
- Five-year quarterly Return on Invested Capital [ROIC] spans a low of -58.93% in Q3 2025 and a high of 2.71% in Q4 2022.
- Year over year, Return on Invested Capital [ROIC] gained in three of the last eight quarters, with an average year-over-year change of -16.61 percentage points.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q1 2026 (a gain of 36.52 percentage points); the low point was Q3 2025 (a drop of 61.18 percentage points).
- Per Business Quant data, the three quarters before Q1 2026 came in at -7.82% (Q4 2025), -58.93% (Q3 2025) and -55.68% (Q2 2025).
Peer Set
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 | Avanos Medical | 1.17 Bn | 850.16 Mn | 94.20 Mn | -7.97% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -7.97% |
| Dec 31, 2025 | -7.82% |
| Sep 30, 2025 | -58.93% |
| Jun 30, 2025 | -55.68% |
| Mar 31, 2025 | -44.49% |
| Dec 31, 2024 | -36.54% |
| Sep 30, 2024 | 2.25% |
| Jun 30, 2024 | 0.92% |
| Mar 31, 2024 | 0.00% |
| Dec 31, 2023 | 0.34% |
| Sep 30, 2023 | 0.78% |
| Jun 30, 2023 | 1.40% |
| Mar 31, 2023 | 1.83% |
| Dec 31, 2022 | 2.71% |
| Sep 30, 2022 | 0.00% |
| Dec 31, 2018 | 0.02% |
| Sep 30, 2018 | 0.03% |
| Jun 30, 2018 | -0.26% |
| Mar 31, 2018 | -0.83% |
| Dec 31, 2017 | -1.08% |
API Access
Avanos Medical 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=AVNS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "AVNS", "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=AVNS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();