Co-Diagnostics (CODX) Return on Assets [ROA] (2017 - 2026)
Co-Diagnostics (CODX) reported Return on Assets [ROA] of -220.87% for Q2 2026, down 150.03 percentage points from -70.84% a year earlier.
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Analysis
Co-Diagnostics (CODX) Return on Assets [ROA] (2017 - 2026) Analysis & Trends
For FY2025, Co-Diagnostics posted Return on Assets [ROA] of -106.21%, down 58.83 percentage points from FY2024.
- Return on Assets [ROA] has declined for five consecutive years, with a five-year change of -221.88 percentage points (FY2020 to FY2025).
- By year, Return on Assets [ROA] came in at -47.38% in FY2024 (-15.02 pp), -32.36% in FY2023 (-22.30 pp), -10.06% in FY2022 (-41.76 pp) and 31.70% in FY2021 (-83.96 pp).
- The Q2 2026 figure ranks as the lowest quarterly Return on Assets [ROA] since Q4 2018.
- Over the past five years, the year-over-year drop in Return on Assets [ROA] ranged from 11.87 percentage points (Q2 2024) to 150.03 percentage points (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 242.18 Bn | 221.33 Bn | 4.88 Bn | 6.17% |
| 2 | Abbott Laboratories | 168.71 Bn | 139.79 Bn | 7.27 Bn | 4.94% |
| 3 | Danaher | 150.46 Bn | 134.27 Bn | 3.61 Bn | 4.54% |
| 4 | Intuitive Surgical | 138.71 Bn | 118.26 Bn | 1.96 Bn | 15.41% |
| 5 | Medtronic | 110.54 Bn | 76.41 Bn | 6.34 Bn | 5.66% |
| 6 | Stryker | 105.66 Bn | 91.78 Bn | 4.50 Bn | -1.94% |
| 7 | Boston Scientific | 61.74 Bn | 56.75 Bn | 3.85 Bn | 8.19% |
| 8 | Edwards Lifesciences | 49.09 Bn | 33.21 Bn | 1.35 Bn | 7.38% |
| 9 | Becton Dickinson | 48.16 Bn | 45.31 Bn | 2.32 Bn | 1.85% |
| 10 | Co-Diagnostics | 4.65 Mn | 4.65 Mn | 120,828.00 | -220.87% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -220.87% |
| Dec 31, 2025 | -134.98% |
| Sep 30, 2025 | -70.57% |
| Jun 30, 2025 | -70.84% |
| Mar 31, 2025 | -60.42% |
| Dec 31, 2024 | -55.37% |
| Sep 30, 2024 | -53.94% |
| Jun 30, 2024 | -44.89% |
| Mar 31, 2024 | -42.74% |
| Dec 31, 2023 | -34.64% |
| Sep 30, 2023 | -38.43% |
| Jun 30, 2023 | -33.02% |
| Mar 31, 2023 | -26.41% |
| Dec 31, 2022 | -10.51% |
| Sep 30, 2022 | 9.83% |
| Jun 30, 2022 | 16.87% |
| Mar 31, 2022 | 24.44% |
| Dec 31, 2021 | 27.63% |
| Sep 30, 2021 | 42.36% |
| Jun 30, 2021 | 53.16% |
API Access
Co-Diagnostics Return on Assets [ROA] 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-assets-%5Broa%5D&ticker=CODX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "ticker": "CODX", "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-assets-%5Broa%5D&ticker=CODX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();