Enovis (ENOV) Return on Invested Capital [ROIC] (2011 - 2026)
Enovis (ENOV) posted Return on Invested Capital [ROIC] of -37.23% for Q2 2026, down 18.19 percentage points from -19.04% a year earlier but up 1.06 percentage points from the prior quarter.
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Analysis
Enovis (ENOV) Return on Invested Capital [ROIC] (2011 - 2026) Analysis & Trends
For FY2025, Enovis' Return on Invested Capital [ROIC] came in at -33.65%, down 13.71 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has declined for seven consecutive years, with a five-year change of -32.93 percentage points (FY2020 to FY2025).
- In prior years, Enovis' Return on Invested Capital [ROIC] was -19.94% in FY2024 (-18.55 pp), -1.39% in FY2023 (-0.03 pp), -1.36% in FY2022 (-0.52 pp) and -0.84% in FY2021 (-0.13 pp).
- Quarterly Return on Invested Capital [ROIC] has run from a low of -38.29% in Q1 2026 to a high of 0.20% in Q4 2021 over five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined in each of the last seven quarters, with an average year-over-year change of -17.47 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q3 2022, with a gain of 1.58 percentage points; the weakest was Q3 2025, with a drop of 32.84 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was -38.29% (Q1 2026), -36.43% (Q4 2025) and -34.98% (Q3 2025).
Peer Set
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 | Enovis | 1.02 Bn | 911.11 Mn | 359.25 Mn | -37.23% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | -37.23% |
| Apr 3, 2026 | -38.29% |
| Dec 31, 2025 | -36.43% |
| Oct 3, 2025 | -34.98% |
| Jul 4, 2025 | -19.04% |
| Apr 4, 2025 | -19.93% |
| Dec 31, 2024 | -18.10% |
| Sep 27, 2024 | -2.14% |
| Jun 28, 2024 | -1.95% |
| Mar 29, 2024 | -1.57% |
| Dec 31, 2023 | -1.36% |
| Sep 29, 2023 | -2.29% |
| Jun 30, 2023 | -2.26% |
| Mar 31, 2023 | 0.00% |
| Dec 31, 2022 | -1.88% |
| Sep 30, 2022 | 0.00% |
| Jul 1, 2022 | -1.11% |
| Apr 1, 2022 | -0.95% |
| Dec 31, 2021 | 0.20% |
| Oct 1, 2021 | -1.58% |
API Access
Enovis 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=ENOV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "ENOV", "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=ENOV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();