Bio-Rad Laboratories (BIO) Return on Invested Capital [ROIC] (2009 - 2026)
Bio-Rad Laboratories' Return on Invested Capital [ROIC] came in at -0.56% for Q3 2026, down 2.77 percentage points from 2.21% a year earlier and down 0.97 percentage points from the prior quarter.
Bio-Rad Laboratories (BIO) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Bio-Rad Laboratories' Return on Invested Capital [ROIC] was 0.44%, down 1.95 percentage points from FY2024.
- Return on Invested Capital [ROIC] has declined in each of the last five years, with a five-year change of -3.62 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 2.39% in FY2024 (-0.05 pp), 2.44% in FY2023 (-0.60 pp), 3.04% in FY2022 (-0.27 pp) and 3.31% in FY2021 (-0.75 pp).
- The Q3 2026 figure represents the lowest quarterly Return on Invested Capital [ROIC] since Q3 2019.
- Year-over-year, Return on Invested Capital [ROIC] has declined for six consecutive quarters, with an average year-over-year change of -1.22 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q1 2023 (a gain of 0.96 percentage points), and the weakest in Q3 2026 (a drop of 2.77 percentage points).
- Business Quant data shows BIO's Return on Invested Capital [ROIC] at 0.41% (Q2 2026), 0.52% (Q1 2026) and 0.43% (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 259.44 Bn | 236.08 Bn | 5.13 Bn | 8.02% |
| 2 | Abbott Laboratories | 187.98 Bn | 162.45 Bn | 7.39 Bn | 5.70% |
| 3 | Danaher | 163.91 Bn | 143.58 Bn | 3.84 Bn | 5.83% |
| 4 | Intuitive Surgical | 153.75 Bn | 134.17 Bn | 2.08 Bn | - |
| 5 | Medtronic | 131.67 Bn | 97.80 Bn | 6.34 Bn | 11.69% |
| 6 | Stryker | 117.84 Bn | 104.03 Bn | 4.25 Bn | 9.95% |
| 7 | Boston Scientific | 64.27 Bn | 59.95 Bn | 3.43 Bn | 9.94% |
| 8 | Edwards Lifesciences | 61.69 Bn | 45.00 Bn | 1.35 Bn | 8.68% |
| 9 | Medline | 51.94 Bn | 49.07 Bn | 1.93 Bn | 4.29% |
| 10 | Bio-Rad Laboratories | 9.85 Bn | 3.46 Bn | 328.60 Mn | -0.56% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -0.56% |
| Jun 30, 2026 | 0.41% |
| Mar 31, 2026 | 0.52% |
| Dec 31, 2025 | 0.43% |
| Sep 30, 2025 | 2.21% |
| Jun 30, 2025 | 1.96% |
| Mar 31, 2025 | 2.49% |
| Dec 31, 2024 | 2.57% |
| Sep 30, 2024 | 2.84% |
| Jun 30, 2024 | 2.79% |
| Mar 31, 2024 | 2.31% |
| Dec 31, 2023 | 2.59% |
| Sep 30, 2023 | 3.19% |
| Jun 30, 2023 | 2.85% |
| Mar 31, 2023 | 2.78% |
| Dec 31, 2022 | 3.63% |
| Sep 30, 2022 | 3.74% |
| Jun 30, 2022 | 3.76% |
| Mar 31, 2022 | 1.82% |
| Dec 31, 2021 | 2.69% |
Bio-Rad Laboratories 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=BIO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "BIO", "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=BIO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();