Harvard Bioscience (HBIO) Return on Invested Capital [ROIC] (2011 - 2026)
Harvard Bioscience (HBIO) posted Return on Invested Capital [ROIC] of -0.54% for Q2 2026, up 102.73 percentage points from -103.26% a year earlier but down 0.36 percentage points from the prior quarter.
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Analysis
Harvard Bioscience (HBIO) Return on Invested Capital [ROIC] (2011 - 2026) Analysis & Trends
For FY2025, Harvard Bioscience's Return on Invested Capital [ROIC] came in at -64.04%, down 58.12 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] shows a five-year change of -64.21 percentage points (FY2020 to FY2025).
- In prior years, Harvard Bioscience's Return on Invested Capital [ROIC] was -5.92% in FY2024 (-7.57 pp), 1.66% in FY2023 (+7.19 pp), -5.53% in FY2022 (-7.14 pp) and 1.61% in FY2021 (+1.44 pp).
- Quarterly Return on Invested Capital [ROIC] has run from a low of -103.26% in Q2 2025 to a high of 2.55% in Q3 2021 over five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] increased in two of the last eight quarters, with an average year-over-year change of -24.60 percentage points.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q2 2026, with a gain of 102.73 percentage points; the weakest was Q2 2025, with a drop of 98.44 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was -0.18% (Q1 2026), -98.25% (Q4 2025) and -101.95% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.17 Bn | 228.32 Bn | 4.88 Bn | 7.89% |
| 2 | Abbott Laboratories | 179.42 Bn | 150.51 Bn | 7.27 Bn | 6.20% |
| 3 | Danaher | 161.98 Bn | 145.80 Bn | 3.61 Bn | 5.71% |
| 4 | Intuitive Surgical | 156.76 Bn | 137.18 Bn | 2.08 Bn | - |
| 5 | Medtronic | 122.13 Bn | 88.00 Bn | 6.34 Bn | 6.90% |
| 6 | Stryker | 117.84 Bn | 103.96 Bn | 4.50 Bn | 10.46% |
| 7 | Boston Scientific | 66.19 Bn | 61.20 Bn | 3.85 Bn | 10.53% |
| 8 | Becton Dickinson | 54.16 Bn | 51.31 Bn | 2.32 Bn | 5.27% |
| 9 | Edwards Lifesciences | 51.35 Bn | 35.47 Bn | 1.35 Bn | 8.99% |
| 10 | Harvard Bioscience | 37.47 Mn | 8.43 Mn | 12.63 Mn | -0.54% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.54% |
| Mar 31, 2026 | -0.18% |
| Dec 31, 2025 | -98.25% |
| Sep 30, 2025 | -101.95% |
| Jun 30, 2025 | -103.26% |
| Mar 31, 2025 | -70.89% |
| Dec 31, 2024 | -6.10% |
| Sep 30, 2024 | -5.76% |
| Jun 30, 2024 | -4.82% |
| Mar 31, 2024 | -1.99% |
| Dec 31, 2023 | 1.70% |
| Sep 30, 2023 | 1.01% |
| Jun 30, 2023 | -1.19% |
| Mar 31, 2023 | 1.29% |
| Dec 31, 2022 | -5.77% |
| Sep 30, 2022 | -3.72% |
| Jun 30, 2022 | -0.37% |
| Mar 31, 2022 | -3.43% |
| Dec 31, 2021 | 1.63% |
| Sep 30, 2021 | 2.55% |
API Access
Harvard Bioscience 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=HBIO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "HBIO", "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=HBIO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();