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
DateValue
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%