Innodata (INOD) Return on Invested Capital [ROIC] (2011 - 2026)
Innodata (INOD) recorded Return on Invested Capital [ROIC] of -2.09% in Q3 2024, up 185.07 percentage points from -187.16% a year earlier and up 47.67 percentage points from the prior quarter.
Innodata (INOD) Return on Invested Capital [ROIC] (2011 - 2026) Analysis & Trends
For FY2023, Innodata reported Return on Invested Capital [ROIC] of 0.00%, up 199.56 percentage points from FY2022.
- Annual Return on Invested Capital [ROIC] has a five-year change of 0.00 percentage points (FY2018 to FY2023).
- Across earlier years, Return on Invested Capital [ROIC] came in at -199.56% in FY2022 (-79.55 pp), -120.01% in FY2021 (-53.66 pp), -66.35% in FY2020 (+48.82 pp) and -115.17% in FY2019 (-115.17 pp).
- Quarterly Return on Invested Capital [ROIC] has ranged from -253.23% in Q4 2022 to 0.00% in Q4 2023 over the past five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased for five consecutive quarters, with an average year-over-year change of +70.55 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 253.23 percentage points in Q4 2023, against a drop of 177.27 percentage points in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at -49.77% (Q2 2024), -74.17% (Q1 2024) and 0.00% (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 49.92 Bn | 42.11 Bn | 1.60 Bn | - |
| 2 | Cognizant Technology Solutions | 31.88 Bn | 25.05 Bn | 1.83 Bn | 13.74% |
| 3 | Wipro | 22.24 Bn | 17.40 Bn | 745.00 Mn | 16.56% |
| 4 | Cdw | 20.69 Bn | 18.68 Bn | 1.32 Bn | 15.18% |
| 5 | Td Synnex | 19.74 Bn | 13.90 Bn | 1.43 Bn | 11.10% |
| 6 | Cgi | 18.25 Bn | 16.05 Bn | - | - |
| 7 | Arrow Electronics | 10.68 Bn | 9.70 Bn | 1.13 Bn | 10.19% |
| 8 | Avnet | 7.23 Bn | 6.41 Bn | 865.03 Mn | 6.41% |
| 9 | EPAM Systems | 7.03 Bn | 2.67 Bn | 429.57 Mn | 11.55% |
| 10 | Innodata | 2.04 Bn | 1.52 Bn | 42.46 Mn | 28.38% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.38% |
| Mar 31, 2026 | 29.51% |
| Dec 31, 2025 | 27.84% |
| Sep 30, 2025 | 32.38% |
| Jun 30, 2025 | 44.38% |
| Mar 31, 2025 | 40.16% |
| Dec 31, 2024 | 38.25% |
| Sep 30, 2024 | -2.09% |
| Jun 30, 2024 | -49.77% |
| Mar 31, 2024 | -74.17% |
| Dec 31, 2023 | 0.00% |
| Sep 30, 2023 | -187.16% |
| Jun 30, 2023 | -210.79% |
| Mar 31, 2023 | -241.14% |
| Dec 31, 2022 | -253.23% |
| Sep 30, 2022 | -234.17% |
| Jun 30, 2022 | -189.19% |
| Mar 31, 2022 | -146.93% |
| Dec 31, 2021 | -120.14% |
| Sep 30, 2021 | -56.90% |
Innodata Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=INOD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "INOD", "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-invested-capital-%5Broic%5D&ticker=INOD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();