Cyanotech Corp (CYAN) Return on Invested Capital [ROIC] (2011 - 2025)
Cyanotech (CYAN) reported Return on Invested Capital [ROIC] of -6.30% for fiscal Q2 2026 (quarter ended Sep 30, 2025), up 26.03 percentage points from -32.33% a year earlier and up 6.76 percentage points from the prior quarter.
Powered by 
Analysis
Cyanotech Corp (CYAN) Return on Invested Capital [ROIC] (2011 - 2025) Analysis & Trends
For FY2025 (ended Mar 31, 2025), Cyanotech posted Return on Invested Capital [ROIC] of -13.57%, up 10.24 percentage points from FY2024.
- Return on Invested Capital [ROIC] has a five-year change of -18.02 percentage points (FY2020 to FY2025).
- By fiscal year, Return on Invested Capital [ROIC] came in at -23.81% in FY2024 (-10.14 pp), -13.67% in FY2023 (-24.56 pp), 10.89% in FY2022 (+10.53 pp) and 0.36% in FY2021 (-4.09 pp).
- The fiscal Q2 2026 figure ranks as the highest quarterly Return on Invested Capital [ROIC] since fiscal Q3 2023.
- Year over year, Return on Invested Capital [ROIC] has now increased in each of the last four quarters, with an average year-over-year change of +0.48 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was fiscal Q2 2026 (a gain of 26.03 percentage points); the low point was fiscal Q1 2024 (a drop of 26.53 percentage points).
- Per Business Quant data, the three fiscal quarters before Q2 2026 came in at -13.06% (Q1 2026), -14.22% (Q4 2025) and -22.24% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -6.30% |
| Jun 30, 2025 | -13.06% |
| Mar 31, 2025 | -14.22% |
| Dec 31, 2024 | -22.24% |
| Sep 30, 2024 | -32.33% |
| Jun 30, 2024 | -28.12% |
| Mar 31, 2024 | -25.60% |
| Dec 31, 2023 | -23.84% |
| Sep 30, 2023 | -20.17% |
| Jun 30, 2023 | -20.19% |
| Mar 31, 2023 | -13.79% |
| Dec 31, 2022 | -5.51% |
| Sep 30, 2022 | -1.66% |
| Jun 30, 2022 | 6.34% |
| Mar 31, 2022 | 10.71% |
| Dec 31, 2021 | 9.17% |
| Sep 30, 2021 | 5.26% |
| Jun 30, 2021 | 1.88% |
| Mar 31, 2021 | 0.37% |
| Dec 31, 2020 | 1.44% |
API Access
Cyanotech Corp 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=CYAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "CYAN", "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=CYAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();