Biodesix (BDSX) Return on Capital Employed [ROCE] (2020 - 2026)
Biodesix (BDSX) recorded Return on Capital Employed [ROCE] of -25.86% in Q2 2026, up 21.61 percentage points from -47.47% a year earlier and up 6.71 percentage points from the prior quarter.
Biodesix (BDSX) Return on Capital Employed [ROCE] (2020 - 2026) Analysis & Trends
For FY2025, Biodesix reported Return on Capital Employed [ROCE] of -37.20%, up 3.94 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has increased for three straight years, with a five-year change of +7.83 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at -41.14% in FY2024 (+24.92 pp), -66.06% in FY2023 (+15.98 pp), -82.04% in FY2022 (-23.24 pp) and -58.80% in FY2021 (-13.77 pp).
- The Q2 2026 figure is the highest quarterly Return on Capital Employed [ROCE] since Q1 2021.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased for three consecutive quarters, with an average year-over-year change of +15.06 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 61.55 percentage points in Q3 2024, against a drop of 115.12 percentage points in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at -32.57% (Q1 2026), -39.44% (Q4 2025) and -46.45% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 108.44 Bn | 104.53 Bn | - | 27.97% |
| 2 | Natera | 46.38 Bn | 42.00 Bn | 513.47 Mn | -12.46% |
| 3 | Labcorp Holdings | 30.37 Bn | 28.45 Bn | 1.11 Bn | 9.44% |
| 4 | Quest Diagnostics | 28.52 Bn | 26.28 Bn | 1.04 Bn | 11.30% |
| 5 | Tenet Healthcare | 23.21 Bn | 12.51 Bn | - | 20.92% |
| 6 | Guardant Health | 21.35 Bn | 16.97 Bn | 236.15 Mn | -33.03% |
| 7 | Tempus AI | 15.33 Bn | 12.48 Bn | 266.70 Mn | -14.14% |
| 8 | BrightSpring Health Services | 14.30 Bn | 12.05 Bn | 518.55 Mn | 11.79% |
| 9 | Encompass Health | 13.86 Bn | 13.49 Bn | - | 18.11% |
| 10 | Biodesix | 111.61 Mn | 8.65 Mn | 19.38 Mn | -24.47% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -24.47% |
| Jun 30, 2026 | -25.86% |
| Mar 31, 2026 | -32.57% |
| Dec 31, 2025 | -39.44% |
| Sep 30, 2025 | -46.45% |
| Jun 30, 2025 | -47.47% |
| Mar 31, 2025 | -41.58% |
| Dec 31, 2024 | -40.27% |
| Sep 30, 2024 | -36.04% |
| Jun 30, 2024 | -39.66% |
| Mar 31, 2024 | -58.12% |
| Dec 31, 2023 | -69.45% |
| Sep 30, 2023 | -97.59% |
| Jun 30, 2023 | -101.06% |
| Mar 31, 2023 | -81.08% |
| Dec 31, 2022 | -91.62% |
| Sep 30, 2022 | -152.13% |
| Jun 30, 2022 | -143.80% |
| Mar 31, 2022 | -127.53% |
| Dec 31, 2021 | -75.69% |
Biodesix Return on Capital Employed [ROCE] 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-capital-employed-%5Broce%5D&ticker=BDSX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "BDSX", "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-capital-employed-%5Broce%5D&ticker=BDSX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();