Codexis (CDXS) Return on Invested Capital [ROIC] (2017 - 2026)
Codexis (CDXS) posted Return on Invested Capital [ROIC] of -35.11% for Q2 2026, up 30.75 percentage points from -65.87% a year earlier but down 1.51 percentage points from the prior quarter.
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Analysis
Codexis (CDXS) Return on Invested Capital [ROIC] (2017 - 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.
- Quarterly Return on Invested Capital [ROIC] has run from a low of -76.86% in Q1 2025 to a high of -33.60% in Q1 2026 over five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased in each of the last three quarters, with an average year-over-year change of +8.44 percentage points over the last six quarters.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was -33.60% (Q1 2026), -49.42% (Q4 2025) and -68.84% (Q3 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 | Codexis | 124.29 Mn | -132.76 Mn | 11.40 Mn | -35.11% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
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();