Co-Diagnostics (CODX) Return on Equity [ROE] (2017 - 2026)
Co-Diagnostics' Return on Equity [ROE] came in at -273.82% for Q2 2026, down 192.19 percentage points from -81.63% a year earlier.
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Analysis
Co-Diagnostics (CODX) Return on Equity [ROE] (2017 - 2026) Analysis & Trends
For FY2025, Co-Diagnostics' Return on Equity [ROE] was -125.89%, down 71.91 percentage points from FY2024.
- Return on Equity [ROE] has declined in each of the last five years, with a five-year change of -250.03 percentage points (FY2020 to FY2025).
- Going back by year, Return on Equity [ROE] was -53.98% in FY2024 (-18.67 pp), -35.32% in FY2023 (-23.88 pp), -11.44% in FY2022 (-47.88 pp) and 36.45% in FY2021 (-87.70 pp).
- The Q2 2026 figure represents the lowest quarterly Return on Equity [ROE] since Q1 2019.
- Across the past five years, year-over-year drop in Return on Equity [ROE] ran from 14.40 percentage points in Q2 2024 to 192.19 percentage points in Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.09 Bn | 228.12 Bn | 4.88 Bn | 13.36% |
| 2 | Abbott Laboratories | 180.55 Bn | 150.98 Bn | 7.27 Bn | 10.39% |
| 3 | Danaher | 160.58 Bn | 144.39 Bn | 3.61 Bn | 7.56% |
| 4 | Intuitive Surgical | 157.75 Bn | 138.04 Bn | 2.08 Bn | 17.28% |
| 5 | Medtronic | 122.52 Bn | 87.77 Bn | 6.34 Bn | 10.44% |
| 6 | Stryker | 118.16 Bn | 104.28 Bn | 4.50 Bn | -3.90% |
| 7 | Boston Scientific | 66.98 Bn | 61.75 Bn | 3.85 Bn | 14.31% |
| 8 | Becton Dickinson | 54.80 Bn | 51.94 Bn | 2.32 Bn | 3.88% |
| 9 | Edwards Lifesciences | 51.55 Bn | 35.55 Bn | 1.35 Bn | 9.53% |
| 10 | Co-Diagnostics | 2.35 Mn | -37.99 Mn | 120,828.00 | -273.82% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -273.82% |
| Dec 31, 2025 | -155.14% |
| Sep 30, 2025 | -79.92% |
| Jun 30, 2025 | -81.63% |
| Mar 31, 2025 | -70.76% |
| Dec 31, 2024 | -63.98% |
| Sep 30, 2024 | -60.63% |
| Jun 30, 2024 | -49.84% |
| Mar 31, 2024 | -47.45% |
| Dec 31, 2023 | -38.18% |
| Sep 30, 2023 | -41.95% |
| Jun 30, 2023 | -35.45% |
| Mar 31, 2023 | -28.17% |
| Dec 31, 2022 | -11.42% |
| Sep 30, 2022 | 10.86% |
| Jun 30, 2022 | 19.17% |
| Mar 31, 2022 | 28.69% |
| Dec 31, 2021 | 31.25% |
| Sep 30, 2021 | 44.78% |
| Jun 30, 2021 | 56.53% |
API Access
Co-Diagnostics Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=CODX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=CODX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();