Cadiz (CDZI) Return on Invested Capital [ROIC] (2011 - 2024)
Cadiz's Return on Invested Capital [ROIC] came in at -27.76% for Q3 2024, down 4.40 percentage points from -23.37% a year earlier and down 1.17 percentage points from the prior quarter.
Cadiz (CDZI) Return on Invested Capital [ROIC] (2011 - 2024) Analysis & Trends
For FY2023, Cadiz's Return on Invested Capital [ROIC] was -25.98%, down 6.56 percentage points from FY2022.
- Return on Invested Capital [ROIC] carries a five-year change of -2.74 percentage points (FY2018 to FY2023).
- Going back by year, Return on Invested Capital [ROIC] was -19.43% in FY2022 (+5.49 pp), -24.92% in FY2021 (-3.32 pp), -21.60% in FY2020 (+1.12 pp) and -22.72% in FY2019 (+0.53 pp).
- The Q3 2024 figure represents the lowest quarterly Return on Invested Capital [ROIC] since Q2 2016.
- Year-over-year, Return on Invested Capital [ROIC] has declined for six consecutive quarters, with an average year-over-year change of -3.86 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 2021 (a gain of 5.66 percentage points), and the weakest in Q1 2024 (a drop of 6.98 percentage points).
- Business Quant data shows CDZI's Return on Invested Capital [ROIC] at -26.59% (Q2 2024), -25.70% (Q1 2024) and -25.68% (Q4 2023) in the three quarters before Q3 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 85.97 Bn | 78.95 Bn | 2.07 Bn | 9.96% |
| 2 | Veralto | 28.80 Bn | 21.43 Bn | 908.00 Mn | 17.10% |
| 3 | Xylem | 23.13 Bn | 18.86 Bn | 907.00 Mn | 8.26% |
| 4 | Badger Meter | 4.57 Bn | 3.97 Bn | 98.85 Mn | - |
| 5 | Ceco Environmental | 2.30 Bn | 2.12 Bn | 86.47 Mn | -0.25% |
| 6 | NWPX Infrastructure | 882.96 Mn | 841.04 Mn | 38.19 Mn | 12.47% |
| 7 | Energy Recovery | 374.69 Mn | 37.14 Mn | 4.20 Mn | - |
| 8 | Cadiz | 320.18 Mn | 285.30 Mn | -24,000.00 | - |
| 9 | AirJoule Technologies | 179.57 Mn | 59.19 Mn | - | - |
| 10 | LanzaTech Global | 58.06 Mn | -39.57 Mn | 1.91 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | -27.76% |
| Jun 30, 2024 | -26.59% |
| Mar 31, 2024 | -25.70% |
| Dec 31, 2023 | -25.68% |
| Sep 30, 2023 | -23.37% |
| Jun 30, 2023 | -20.42% |
| Mar 31, 2023 | -18.72% |
| Dec 31, 2022 | -20.23% |
| Sep 30, 2022 | -18.44% |
| Jun 30, 2022 | -16.87% |
| Mar 31, 2022 | -20.12% |
| Dec 31, 2021 | -19.42% |
| Sep 30, 2021 | -18.72% |
| Jun 30, 2021 | -19.95% |
| Mar 31, 2021 | -18.46% |
| Dec 31, 2020 | -22.15% |
| Sep 30, 2020 | -24.22% |
| Jun 30, 2020 | -25.13% |
| Mar 31, 2020 | -24.12% |
| Dec 31, 2019 | -21.74% |
Cadiz 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=CDZI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "CDZI", "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=CDZI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();