Electromed (ELMD) Return on Invested Capital [ROIC] (2011 - 2021)
Electromed's Return on Invested Capital [ROIC] was 5.65% in fiscal Q2 2022 (quarter ended Dec 31, 2021), down 5.78 percentage points from 11.43% a year earlier and down 1.20 percentage points from the prior quarter.
Electromed (ELMD) Return on Invested Capital [ROIC] (2011 - 2021) Analysis & Trends
For FY2021 (ended Jun 30, 2021), Return on Invested Capital [ROIC] at Electromed came in at 7.46%, down 7.03 percentage points from FY2020.
- Return on Invested Capital [ROIC] shows a five-year change of -6.36 percentage points (FY2016 to FY2021).
- In earlier fiscal years, Return on Invested Capital [ROIC] was 14.49% in FY2020 (+6.56 pp), 7.93% in FY2019 (-0.41 pp), 8.34% in FY2018 (-3.40 pp) and 11.74% in FY2017 (-2.08 pp).
- The fiscal Q2 2022 figure marks the lowest quarterly Return on Invested Capital [ROIC] since fiscal Q2 2015.
- Compared with a year earlier, Return on Invested Capital [ROIC] has declined for five straight quarters, with an average year-over-year change of -3.40 percentage points over the last six quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was fiscal Q1 2020 (a gain of 2.38 percentage points); the worst was fiscal Q4 2021 (a drop of 6.38 percentage points).
- Per Business Quant data, ELMD's Return on Invested Capital [ROIC] in the three fiscal quarters before Q2 2022 was 6.85% (Q1 2022), 7.23% (Q4 2021) and 9.92% (Q3 2021).
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 | Electromed | 234.67 Mn | 169.33 Mn | 15.28 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2021 | 5.65% |
| Sep 30, 2021 | 6.85% |
| Jun 30, 2021 | 7.23% |
| Mar 31, 2021 | 9.92% |
| Dec 31, 2020 | 11.43% |
| Sep 30, 2020 | 11.78% |
| Jun 30, 2020 | 13.61% |
| Mar 31, 2020 | 13.25% |
| Dec 31, 2019 | 12.74% |
| Sep 30, 2019 | 10.44% |
| Sep 30, 2018 | 8.06% |
| Jun 30, 2018 | 8.06% |
| Mar 31, 2018 | 8.28% |
| Dec 31, 2017 | 9.80% |
| Sep 30, 2017 | 10.15% |
| Jun 30, 2017 | 11.26% |
| Mar 31, 2017 | 8.82% |
| Dec 31, 2016 | 8.16% |
| Sep 30, 2016 | 11.92% |
| Jun 30, 2016 | 13.03% |
Electromed 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=ELMD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "ELMD", "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=ELMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();