Guardant Health (GH) Return on Capital Employed (2018 - 2026)

Guardant Health's (GH) quarterly Return on Capital Employed came in at 26.76% in Q1 2026, up 1150.0% year-on-year from 2.14% in Q1 2025, and up 17.83% quarter-over-quarter from 32.57% in Q4 2025.

Guardant Health (GH) Return on Capital Employed (2018 - 2026) Analysis & Trends

Guardant Health has disclosed Return on Capital Employed across 9 years of filings, most recently posting 26.76% for Q1 2026.

  • Return on Capital Employed for Q1 2026 came in at 26.76%, up 1150.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 26.76% (up 1150.0% YoY), and the FY2025 annual result was 30.22%, up 123.0% from the prior year.
  • Return on Capital Employed came in at 26.76% for Q1 2026 at Guardant Health, up from 32.57% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 22.0% in Q1 2022 to a low of 41.9% in Q2 2025.
  • The 5-year median for Return on Capital Employed is 35.14% (2024), against an average of 34.34%.
  • Across the five-year window, Return on Capital Employed tumbled 1891 bps in 2023 and soared 1150 bps in 2026, its largest moves.
  • Guardant Health's Return on Capital Employed stood at 37.22% in 2022, then increased by 4 bps to 35.61% in 2023, then rose by 3 bps to 34.48% in 2024, then rose by 6 bps to 32.57% in 2025, then advanced by 18 bps to 26.76% in 2026.
  • The last three Return on Capital Employed figures came in at 26.76% (Q1 2026), 32.57% (Q4 2025), and 41.44% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn 4.82%
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 8.12%
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 6.26%
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 67.98%
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 14.57%
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn 10.24%
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn -3.63%
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 16.90%
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 45.73%
10 Guardant Health 16.38 Bn 15.28 Bn 196.75 Mn -26.76%

Historic Data

Download Data
DateValue
Mar 31, 2026 -26.76%
Dec 31, 2025 -32.57%
Sep 30, 2025 -41.44%
Jun 30, 2025 -41.90%
Mar 31, 2025 -38.26%
Dec 31, 2024 -34.48%
Sep 30, 2024 -37.42%
Jun 30, 2024 -35.14%
Mar 31, 2024 -34.77%
Dec 31, 2023 -35.61%
Sep 30, 2023 -32.25%
Jun 30, 2023 -36.91%
Mar 31, 2023 -40.92%
Dec 31, 2022 -37.22%
Sep 30, 2022 -30.98%
Jun 30, 2022 -25.17%
Mar 31, 2022 -22.00%
Dec 31, 2021 -20.34%
Sep 30, 2021 -18.73%
Jun 30, 2021 -16.69%