Codexis (CDXS) Return on Invested Capital [ROIC] (2012 - 2026)
Codexis (CDXS) posted Return on Invested Capital [ROIC] of -19.42% for Q3 2026, up 49.42 percentage points from -68.84% a year earlier and up 15.70 percentage points from the prior quarter.
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Analysis
Codexis (CDXS) Return on Invested Capital [ROIC] (2012 - 2026) Analysis & Trends
For FY2025, Codexis' Return on Invested Capital [ROIC] came in at -44.77%, up 19.38 percentage points from FY2024.
- In prior years, Codexis' Return on Invested Capital [ROIC] was -64.15% in FY2024.
- The Q3 2026 figure stands as the highest quarterly Return on Invested Capital [ROIC] since Q3 2018.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased in each of the last four quarters, with an average year-over-year change of +14.29 percentage points over the last seven quarters.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was -35.11% (Q2 2026), -33.60% (Q1 2026) and -49.42% (Q4 2025).
Peer Set
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 | Codexis | 127.04 Mn | -143.91 Mn | 15.25 Mn | -19.42% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -19.42% |
| Jun 30, 2026 | -35.11% |
| Mar 31, 2026 | -33.60% |
| Dec 31, 2025 | -49.42% |
| Sep 30, 2025 | -68.84% |
| Jun 30, 2025 | -65.87% |
| Mar 31, 2025 | -76.86% |
| Dec 31, 2024 | -59.15% |
| Sep 30, 2024 | -53.06% |
| Jun 30, 2024 | -67.35% |
| Mar 31, 2024 | -58.04% |
| Sep 30, 2018 | -18.04% |
| Jun 30, 2018 | -52.04% |
| Mar 31, 2018 | -100.60% |
| Dec 31, 2017 | -97.12% |
| Sep 30, 2017 | -108.76% |
| Jun 30, 2017 | -81.89% |
| Mar 31, 2017 | -58.21% |
| Jun 30, 2012 | -19.82% |
API Access
Codexis 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=CDXS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "CDXS", "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=CDXS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();