Health Catalyst (HCAT) Return on Invested Capital (2019 - 2026)
Health Catalyst's (HCAT) quarterly Return on Invested Capital came in at 0.02% in Q1 2026, down 2.0% YoY from 0.02% in Q1 2025, and down 344.0% on a QoQ basis from 0.0% in Q4 2025.
Health Catalyst (HCAT) Return on Invested Capital (2019 - 2026) Analysis & Trends
Health Catalyst (HCAT) has 8 years of Return on Invested Capital data on file, last reported at 0.02% in 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 eased to 0.02% in Q1 2026, from 0.0% in the prior quarter.
- In the past five years, Return on Invested Capital ranged from a high of 0.0% in Q1 2025 to a low of 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 plunged 57 bps — and 2025, when it gained 1 bps.
- Tracing HCAT's Return on Invested Capital over 5 years: stood at 0.26% in 2022, then tumbled by 153 bps to 0.65% in 2023, then surged by 100 bps to 0.0% in 2024, then slumped by 127 bps to 0.0% in 2025, then sank by 344 bps to 0.02% in 2026.
- The last three Return on Invested Capital figures came in at 0.02% (Q1 2026), 0.0% (Q4 2025), and 0.0% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | - |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 0.02% |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | - |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | - |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | - |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | - |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 0.05% |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | - |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | - |
| 10 | Health Catalyst | 138.20 Mn | 34.76 Mn | 34.86 Mn | -0.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -0.38% |
| 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% |