CareDx (CDNA) Return on Invested Capital [ROIC] (2014 - 2018)
CareDx's Return on Invested Capital [ROIC] came in at -36.60% for Q4 2018, up 24.95 percentage points from -61.56% a year earlier and up 23.50 percentage points from the prior quarter.
CareDx (CDNA) Return on Invested Capital [ROIC] (2014 - 2018) Analysis & Trends
For FY2018, CareDx's Return on Invested Capital [ROIC] was -24.37%, up 30.46 percentage points from FY2017.
- Going back by year, Return on Invested Capital [ROIC] was -54.84% in FY2017 (+25.84 pp) and -80.68% in FY2016.
- The Q4 2018 figure represents the highest quarterly Return on Invested Capital [ROIC] since Q2 2015.
- Year-over-year, Return on Invested Capital [ROIC] has increased for four consecutive quarters, with an average year-over-year change of +8.44 percentage points over the last five quarters.
- Business Quant data shows CDNA's Return on Invested Capital [ROIC] at -60.10% (Q3 2018), -72.61% (Q2 2018) and -57.26% (Q1 2018) in the three quarters before Q4 2018.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 108.05 Bn | 104.15 Bn | - | 21.76% |
| 2 | Natera | 46.71 Bn | 42.34 Bn | 513.47 Mn | -9.90% |
| 3 | Labcorp Holdings | 30.10 Bn | 28.18 Bn | 1.11 Bn | 8.45% |
| 4 | Quest Diagnostics | 28.30 Bn | 26.06 Bn | 1.04 Bn | 9.85% |
| 5 | Tenet Healthcare | 23.49 Bn | 12.80 Bn | - | 21.51% |
| 6 | Guardant Health | 21.79 Bn | 17.41 Bn | 236.15 Mn | - |
| 7 | Tempus AI | 15.35 Bn | 12.51 Bn | 266.70 Mn | -57.17% |
| 8 | BrightSpring Health Services | 14.18 Bn | 11.94 Bn | 518.55 Mn | 10.04% |
| 9 | Encompass Health | 13.72 Bn | 13.36 Bn | - | 15.62% |
| 10 | CareDx | 4.40 Bn | 3.41 Bn | 99.08 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2018 | -36.60% |
| Sep 30, 2018 | -60.10% |
| Jun 30, 2018 | -72.61% |
| Mar 31, 2018 | -57.26% |
| Dec 31, 2017 | -61.56% |
| Sep 30, 2017 | -82.10% |
| Jun 30, 2017 | -72.63% |
| Mar 31, 2017 | -82.08% |
| Jun 30, 2016 | -43.05% |
| Jun 30, 2015 | -2.93% |
| Dec 31, 2014 | 2.35% |
CareDx 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=CDNA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "CDNA", "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=CDNA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();