Health Catalyst (HCAT) Return on Capital Employed [ROCE] (2019 - 2026)
Health Catalyst's Return on Capital Employed [ROCE] was -84.01% in Q2 2026, down 70.51 percentage points from -13.50% a year earlier and down 13.35 percentage points from the prior quarter.
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Analysis
Health Catalyst (HCAT) Return on Capital Employed [ROCE] (2019 - 2026) Analysis & Trends
For FY2025, Return on Capital Employed [ROCE] at Health Catalyst came in at -27.21%, down 11.85 percentage points from FY2024.
- Return on Capital Employed [ROCE] shows a five-year change of +0.10 percentage points (FY2020 to FY2025).
- In earlier years, Return on Capital Employed [ROCE] was -15.36% in FY2024 (+4.53 pp), -19.89% in FY2023 (-0.16 pp), -19.73% in FY2022 (+3.75 pp) and -23.48% in FY2021 (+3.83 pp).
- The Q2 2026 figure marks the lowest quarterly Return on Capital Employed [ROCE] in data going back to Q3 2019.
- Compared with a year earlier, Return on Capital Employed [ROCE] has declined for three straight quarters, with an average year-over-year change of -15.28 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was Q2 2022 (a gain of 18.22 percentage points); the worst was Q2 2026 (a drop of 70.51 percentage points).
- Per Business Quant data, HCAT's Return on Capital Employed [ROCE] in the three quarters before Q2 2026 was -70.66% (Q1 2026), -35.33% (Q4 2025) and -17.96% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 44.24 Bn | 16.49 Bn | 695.95 Mn | 13.55% |
| 3 | Samsara | 24.06 Bn | 20.83 Bn | 392.58 Mn | 1.12% |
| 4 | Toast | 17.18 Bn | 9.85 Bn | 516.00 Mn | 21.19% |
| 5 | Ptc | 15.95 Bn | 14.76 Bn | 490.47 Mn | 21.53% |
| 6 | Duolingo | 13.49 Bn | 8.67 Bn | 216.74 Mn | 10.56% |
| 7 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 8.74% |
| 8 | Manhattan Associates | 11.90 Bn | 10.90 Bn | 168.33 Mn | 112.05% |
| 9 | Costar | 11.09 Bn | 5.06 Bn | 728.00 Mn | 0.82% |
| 10 | Health Catalyst | 130.73 Mn | -268.80 Mn | 34.86 Mn | -84.01% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -84.01% |
| Mar 31, 2026 | -70.66% |
| Dec 31, 2025 | -35.33% |
| Sep 30, 2025 | -17.96% |
| Jun 30, 2025 | -13.50% |
| Mar 31, 2025 | -12.54% |
| Dec 31, 2024 | -13.68% |
| Sep 30, 2024 | -19.85% |
| Jun 30, 2024 | -25.57% |
| Mar 31, 2024 | -18.94% |
| Dec 31, 2023 | -20.52% |
| Sep 30, 2023 | -20.65% |
| Jun 30, 2023 | -23.35% |
| Mar 31, 2023 | -23.17% |
| Dec 31, 2022 | -20.54% |
| Sep 30, 2022 | -21.07% |
| Jun 30, 2022 | -19.86% |
| Mar 31, 2022 | -19.53% |
| Dec 31, 2021 | -19.26% |
| Sep 30, 2021 | -31.26% |
API Access
Health Catalyst Return on Capital Employed [ROCE] 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-capital-employed-%5Broce%5D&ticker=HCAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "HCAT", "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-capital-employed-%5Broce%5D&ticker=HCAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();