InnovAge Holding (INNV) Return on Capital Employed [ROCE] (2021 - 2026)
InnovAge Holding (INNV) recorded Return on Capital Employed [ROCE] of 3.94% in fiscal Q1 2027 (quarter ended Sep 30, 2026), up 8.30 percentage points from -4.36% a year earlier and up 3.19 percentage points from the prior quarter.
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Analysis
InnovAge Holding (INNV) Return on Capital Employed [ROCE] (2021 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), InnovAge Holding reported Return on Capital Employed [ROCE] of 0.77%, up 8.76 percentage points from FY2025.
- Annual Return on Capital Employed [ROCE] has a five-year change of +3.92 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, Return on Capital Employed [ROCE] came in at -7.99% in FY2025 (-2.46 pp), -5.53% in FY2024 (+6.43 pp), -11.96% in FY2023 (-10.95 pp) and -1.01% in FY2022 (+2.14 pp).
- The fiscal Q1 2027 figure is the highest quarterly Return on Capital Employed [ROCE] since fiscal Q3 2022.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased for four consecutive quarters, with an average year-over-year change of +3.64 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 9.85 percentage points in fiscal Q2 2026, against a drop of 16.11 percentage points in fiscal Q3 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 0.75% (Q4 2026), -2.83% (Q3 2026) and 2.47% (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 106.37 Bn | 104.21 Bn | 17.03 Bn | 27.97% |
| 2 | Natera | 45.03 Bn | 40.66 Bn | 513.47 Mn | -12.46% |
| 3 | Labcorp Holdings | 30.12 Bn | 28.22 Bn | 1.11 Bn | 9.44% |
| 4 | Quest Diagnostics | 28.44 Bn | 26.52 Bn | 1.04 Bn | 11.30% |
| 5 | Guardant Health | 20.93 Bn | 16.54 Bn | 236.15 Mn | -33.03% |
| 6 | BrightSpring Health Services | 14.41 Bn | 11.29 Bn | 518.55 Mn | 11.79% |
| 7 | Tempus AI | 14.27 Bn | 11.42 Bn | 266.70 Mn | -14.14% |
| 8 | Encompass Health | 13.98 Bn | 14.44 Bn | 1.54 Bn | 13.69% |
| 9 | Davita | 11.35 Bn | 10.22 Bn | 1.13 Bn | 14.26% |
| 10 | InnovAge Holding | 1.28 Bn | 741.03 Mn | 179.26 Mn | 3.94% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.94% |
| Jun 30, 2026 | 0.75% |
| Mar 31, 2026 | -2.83% |
| Dec 31, 2025 | 2.47% |
| Sep 30, 2025 | -4.36% |
| Jun 30, 2025 | -8.11% |
| Mar 31, 2025 | -10.64% |
| Dec 31, 2024 | -7.38% |
| Sep 30, 2024 | -4.27% |
| Jun 30, 2024 | -5.81% |
| Mar 31, 2024 | -7.15% |
| Dec 31, 2023 | -7.59% |
| Sep 30, 2023 | -10.42% |
| Jun 30, 2023 | -11.76% |
| Mar 31, 2023 | -12.09% |
| Dec 31, 2022 | -10.73% |
| Sep 30, 2022 | -7.44% |
| Jun 30, 2022 | -0.98% |
| Mar 31, 2022 | 4.01% |
| Dec 31, 2021 | 4.32% |
API Access
InnovAge Holding 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=INNV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "INNV", "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=INNV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();