Health Catalyst (HCAT) Return on Invested Capital (2019 - 2026)
Health Catalyst (HCAT) posted Return on Invested Capital of 0.02% for Q1 2026, down 344.0% on a QoQ basis from 0.0% in Q4 2025, and down 2.0% year-over-year from 0.02% in Q1 2025.
Health Catalyst (HCAT) Return on Invested Capital (2019 - 2026) Analysis & Trends
Health Catalyst's Return on Invested Capital history runs 8 years deep, the most recent figure standing at 0.02% for Q1 2026.
- Quarterly Return on Invested Capital fell 2.0% year-over-year to 0.02% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.02% (down 2.0% YoY) and the FY2025 annual result came in at 0.01%, changed N/A from the prior year.
- Return on Invested Capital was 0.02% for Q1 2026 at Health Catalyst, down from 0.0% in the prior quarter.
- Across five years, Return on Invested Capital topped out at 0.0% in Q1 2025 and bottomed at 0.65% in Q1 2023.
- A 5-year average of 0.11% and a median of 0.01% in 2026 frame the typical range for Return on Invested Capital.
- Annual changes were most pronounced in 2023 — Return on Invested Capital tumbled 57 bps — and 2025, when it grew 1 bps.
- Health Catalyst's Return on Invested Capital stood at 0.26% in 2022, then sank by 153 bps to 0.65% in 2023, then jumped by 100 bps to 0.0% in 2024, then plunged by 127 bps to 0.0% in 2025, then tumbled by 344 bps to 0.02% in 2026.
- Business Quant data shows HCAT's Return on Invested Capital at 0.02% in Q1 2026, 0.0% in Q4 2025, and 0.0% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 31.94 Bn | 24.62 Bn | 662.02 Mn | - |
| 2 | BrightSpring Health Services | 14.72 Bn | 13.82 Bn | 482.22 Mn | 0.01% |
| 3 | Healthequity | 8.33 Bn | 8.07 Bn | 256.31 Mn | - |
| 4 | Hinge Health | 5.94 Bn | 5.63 Bn | 154.23 Mn | - |
| 5 | 10x Genomics | 5.92 Bn | 5.38 Bn | 106.18 Mn | - |
| 6 | MiniMed | 4.47 Bn | 4.17 Bn | 480.00 Mn | - |
| 7 | Waystar Holding | 4.43 Bn | 4.37 Bn | 216.84 Mn | 0.05% |
| 8 | Doximity | 3.94 Bn | 3.19 Bn | 125.97 Mn | - |
| 9 | Privia Health | 3.11 Bn | 2.69 Bn | - | - |
| 10 | Health Catalyst | 156.44 Mn | 47.62 Mn | 35.46 Mn | -0.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.02% |
| Dec 31, 2025 | 0.00% |
| Sep 30, 2025 | 0.00% |
| Jun 30, 2025 | 0.00% |
| Mar 31, 2025 | 0.00% |
| Dec 31, 2024 | 0.00% |
| Sep 30, 2024 | -0.01% |
| Mar 31, 2023 | -0.65% |
| Dec 31, 2022 | -0.26% |
| Sep 30, 2022 | -0.16% |
| Jun 30, 2022 | -0.13% |
| Mar 31, 2022 | -0.07% |
| Dec 31, 2021 | -0.04% |
| Sep 30, 2021 | -0.04% |
| Jun 30, 2021 | -0.03% |
| Mar 31, 2021 | -0.03% |
| Dec 31, 2020 | -0.05% |
| Sep 30, 2020 | -0.08% |
| Jun 30, 2020 | -0.12% |
| Mar 31, 2020 | -0.16% |