I-ON Digital (IONI) Return on Invested Capital [ROIC] (2016 - 2022)
I-ON Digital (IONI) recorded Return on Invested Capital [ROIC] of -10.62% in Q2 2022, down 37.41 percentage points from 26.78% a year earlier and down 13.74 percentage points from the prior quarter.
I-ON Digital (IONI) Return on Invested Capital [ROIC] (2016 - 2022) Analysis & Trends
For FY2020, I-ON Digital reported Return on Invested Capital [ROIC] of 17.97%, up 21.32 percentage points from FY2019.
- Annual Return on Invested Capital [ROIC] has a five-year change of +55.40 percentage points (FY2015 to FY2020).
- Across earlier years, Return on Invested Capital [ROIC] came in at -3.35% in FY2019 (-3.35 pp), 0.00% in FY2018 (-2.41 pp), 2.41% in FY2017 (+23.75 pp) and -21.34% in FY2016 (+16.09 pp).
- The Q2 2022 figure is the lowest quarterly Return on Invested Capital [ROIC] since Q3 2017.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined for three consecutive quarters, with an average year-over-year change of +0.94 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 63.43 percentage points in Q3 2017, against a drop of 37.41 percentage points in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 3.12% (Q1 2022), 7.56% (Q4 2021) and 22.43% (Q3 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 48.27 Bn | 5.08 Bn | - | 2.41% |
| 2 | PayPal Holdings | 45.51 Bn | 3.74 Bn | - | 15.87% |
| 3 | Block | 44.67 Bn | 15.93 Bn | 3.17 Bn | 2.04% |
| 4 | Iren | 31.78 Bn | 19.37 Bn | 103.89 Mn | - |
| 5 | Corpay | 25.91 Bn | 16.11 Bn | - | 12.44% |
| 6 | Fiserv | 23.59 Bn | 20.29 Bn | 2.90 Bn | 7.03% |
| 7 | Global Payments | 20.83 Bn | -735.18 Mn | 2.03 Bn | 2.37% |
| 8 | Bitmine Immersion Technologies | 15.23 Bn | 12.61 Bn | 40.81 Mn | - |
| 9 | Guidewire Software | 12.47 Bn | 9.03 Bn | 269.68 Mn | 6.58% |
| 10 | I-ON Digital | 3.75 Mn | 2.98 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | -10.62% |
| Mar 31, 2022 | 3.12% |
| Dec 31, 2021 | 7.56% |
| Sep 30, 2021 | 22.43% |
| Jun 30, 2021 | 26.78% |
| Mar 31, 2021 | 13.17% |
| Dec 31, 2020 | 17.96% |
| Sep 30, 2020 | 6.66% |
| Jun 30, 2020 | 5.56% |
| Mar 31, 2020 | 5.74% |
| Dec 31, 2019 | -3.64% |
| Sep 30, 2019 | 7.32% |
| Jun 30, 2019 | 6.83% |
| Mar 31, 2019 | 1.16% |
| Dec 31, 2018 | 0.00% |
| Dec 31, 2017 | 5.21% |
| Sep 30, 2017 | -13.03% |
| Jun 30, 2017 | -43.18% |
| Mar 31, 2017 | -22.06% |
| Sep 30, 2016 | -76.46% |
I-ON Digital 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=IONI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "IONI", "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=IONI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();