Inspire Medical Systems (INSP) Return on Invested Capital [ROIC] (2019 - 2022)
Inspire Medical Systems (INSP) posted Return on Invested Capital [ROIC] of -9.85% for Q4 2022, up 6.11 percentage points from -15.96% a year earlier and up 3.80 percentage points from the prior quarter.
Inspire Medical Systems (INSP) Return on Invested Capital [ROIC] (2019 - 2022) Analysis & Trends
For FY2022, Inspire Medical Systems' Return on Invested Capital [ROIC] came in at -12.69%, up 2.98 percentage points from FY2021.
- Annual Return on Invested Capital [ROIC] shows a three-year change of +7.07 percentage points (FY2019 to FY2022).
- In prior years, Inspire Medical Systems' Return on Invested Capital [ROIC] was -15.67% in FY2021 (+11.17 pp), -26.84% in FY2020 (-7.08 pp) and -19.76% in FY2019.
- The Q4 2022 figure stands as the highest quarterly Return on Invested Capital [ROIC] in data going back to Q4 2019.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased in each of the last eight quarters, with an average year-over-year change of +5.45 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q2 2021, with a gain of 9.55 percentage points; the weakest was Q4 2020, with a drop of 1.29 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was -13.65% (Q3 2022), -16.70% (Q2 2022) and -15.95% (Q1 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 242.18 Bn | 221.33 Bn | 4.88 Bn | 7.89% |
| 2 | Abbott Laboratories | 168.71 Bn | 139.79 Bn | 7.27 Bn | 6.20% |
| 3 | Danaher | 150.46 Bn | 134.27 Bn | 3.61 Bn | 5.71% |
| 4 | Intuitive Surgical | 138.71 Bn | 118.26 Bn | 1.96 Bn | - |
| 5 | Medtronic | 110.54 Bn | 76.41 Bn | 6.34 Bn | 6.90% |
| 6 | Stryker | 105.66 Bn | 91.78 Bn | 4.50 Bn | 10.46% |
| 7 | Boston Scientific | 61.74 Bn | 56.75 Bn | 3.85 Bn | 10.53% |
| 8 | Edwards Lifesciences | 49.09 Bn | 33.21 Bn | 1.35 Bn | 8.99% |
| 9 | Becton Dickinson | 48.16 Bn | 45.31 Bn | 2.32 Bn | 5.27% |
| 10 | Inspire Medical Systems | 2.02 Bn | 787.55 Mn | 171.46 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | -9.85% |
| Sep 30, 2022 | -13.65% |
| Jun 30, 2022 | -16.70% |
| Mar 31, 2022 | -15.95% |
| Dec 31, 2021 | -15.96% |
| Sep 30, 2021 | -18.40% |
| Jun 30, 2021 | -18.34% |
| Mar 31, 2021 | -22.08% |
| Dec 31, 2020 | -22.13% |
| Sep 30, 2020 | -22.84% |
| Jun 30, 2020 | -27.89% |
| Mar 31, 2020 | -26.91% |
| Dec 31, 2019 | -20.84% |
Inspire Medical Systems 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=INSP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "INSP", "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=INSP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();