InMode (INMD) Return on Capital Employed [ROCE] (2019 - 2026)
InMode (INMD) recorded Return on Capital Employed [ROCE] of 10.55% in the quarter ended Jun 30, 2026, down 7.36 percentage points from 17.91% a year earlier and down 1.17 percentage points from the prior quarter.
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Analysis
InMode (INMD) Return on Capital Employed [ROCE] (2019 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, InMode reported Return on Capital Employed [ROCE] of 12.11%, down 2.81 percentage points from the prior year.
- Annual Return on Capital Employed [ROCE] has declined for four straight years, with a five-year change of -20.70 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at 14.91% in the year ended Dec 31, 2024 (-13.46 pp), 28.37% in the year ended Dec 31, 2023 (-12.90 pp), 41.27% in the year ended Dec 31, 2022 (-8.68 pp) and 49.95% in the year ended Dec 31, 2021 (+17.14 pp).
- The figure for the quarter ended Jun 30, 2026 is the lowest quarterly Return on Capital Employed [ROCE] in data going back to the quarter ended Sep 30, 2019.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined for four consecutive quarters, with an average year-over-year change of -5.63 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 15.82 percentage points in the quarter ended Sep 30, 2021, against a drop of 15.78 percentage points in the quarter ended Jun 30, 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 11.72% (quarter ended Mar 31, 2026), 12.56% (quarter ended Dec 31, 2025) and 13.36% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 242.18 Bn | 221.33 Bn | 4.88 Bn | 8.30% |
| 2 | Abbott Laboratories | 168.71 Bn | 139.79 Bn | 7.27 Bn | 7.98% |
| 3 | Danaher | 150.46 Bn | 134.27 Bn | 3.61 Bn | 6.42% |
| 4 | Intuitive Surgical | 138.71 Bn | 118.26 Bn | 1.96 Bn | 18.58% |
| 5 | Medtronic | 110.54 Bn | 76.41 Bn | 6.34 Bn | 8.34% |
| 6 | Stryker | 105.66 Bn | 91.78 Bn | 4.50 Bn | 13.69% |
| 7 | Boston Scientific | 61.74 Bn | 56.75 Bn | 3.85 Bn | 10.83% |
| 8 | Edwards Lifesciences | 49.09 Bn | 33.21 Bn | 1.35 Bn | 11.99% |
| 9 | Becton Dickinson | 48.16 Bn | 45.31 Bn | 2.32 Bn | 6.00% |
| 10 | InMode | 892.72 Mn | -733.90 Mn | 71.52 Mn | 10.55% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.55% |
| Mar 31, 2026 | 11.72% |
| Dec 31, 2025 | 12.56% |
| Sep 30, 2025 | 13.36% |
| Jun 30, 2025 | 17.91% |
| Mar 31, 2025 | 16.36% |
| Dec 31, 2024 | 15.31% |
| Sep 30, 2024 | 17.74% |
| Jun 30, 2024 | 17.23% |
| Mar 31, 2024 | 21.26% |
| Dec 31, 2023 | 25.60% |
| Sep 30, 2023 | 29.12% |
| Jun 30, 2023 | 33.01% |
| Mar 31, 2023 | 34.13% |
| Dec 31, 2022 | 37.35% |
| Sep 30, 2022 | 38.95% |
| Jun 30, 2022 | 42.07% |
| Mar 31, 2022 | 41.67% |
| Dec 31, 2021 | 40.72% |
| Sep 30, 2021 | 41.16% |
API Access
InMode 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=INMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "INMD", "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=INMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();