iRhythm Holdings (IRTC) Return on Invested Capital (2018 - 2022)
iRhythm Holdings' (IRTC) quarterly Return on Invested Capital came in at 0.07% in Q3 2022, down 5.0% year-on-year from 0.08% in Q3 2021, and down 63.83% on a QoQ basis from 0.04% in Q2 2022.
iRhythm Holdings (IRTC) Return on Invested Capital (2018 - 2022) Analysis & Trends
iRhythm Holdings (IRTC) has 4 years of Return on Invested Capital data on file, last reported at 0.07% in Q3 2022.
- On a quarterly basis, Return on Invested Capital fell 5.0% year-over-year to 0.07% in Q3 2022; TTM through Sep 2022 was 0.07%, a 5.0% decrease from a year earlier, with the FY2021 full-year figure at 0.09%, down 2.0% from the prior year.
- Return on Invested Capital for Q3 2022 stood at 0.07%, down from 0.04% in the prior quarter.
- Over the last five years, Return on Invested Capital for IRTC reached as high as 0.01% in Q2 2021 and fell as low as 0.2% in Q4 2018.
- Historically, Return on Invested Capital has averaged 0.05% across 4 years, with a median of 0.03% in 2020.
- Across the five-year window, Return on Invested Capital rose 11 bps in 2021 and fell 5 bps in 2022, its largest moves.
- Year by year, Return on Invested Capital stood at 0.2% in 2018, then jumped by 93 bps to 0.01% in 2020, then slumped by 48 bps to 0.02% in 2021, then tumbled by 234 bps to 0.07% in 2022.
- Per Business Quant data, the three most recent Return on Invested Capital figures were 0.07% in Q3 2022, 0.04% in Q2 2022, and 0.03% in Q1 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 0.01% |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 0.01% |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 0.01% |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 0.00% |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | - |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | - |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 0.00% |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 0.00% |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | iRhythm Holdings | 3.50 Bn | 2.95 Bn | 141.35 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | -0.07% |
| Jun 30, 2022 | -0.04% |
| Mar 31, 2022 | -0.03% |
| Dec 31, 2021 | -0.02% |
| Sep 30, 2021 | -0.02% |
| Jun 30, 2021 | -0.01% |
| Mar 31, 2021 | -0.02% |
| Dec 31, 2020 | -0.01% |
| Sep 30, 2020 | -0.03% |
| Jun 30, 2020 | -0.06% |
| Mar 31, 2020 | -0.13% |
| Dec 31, 2018 | -0.20% |