iRhythm Holdings (IRTC) Return on Invested Capital [ROIC] (2018 - 2024)
iRhythm Holdings (IRTC) reported Return on Invested Capital [ROIC] of -142.01% for Q4 2024, down 91.92 percentage points from -50.09% a year earlier but up 34.18 percentage points from the prior quarter.
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Analysis
iRhythm Holdings (IRTC) Return on Invested Capital [ROIC] (2018 - 2024) Analysis & Trends
For FY2024, iRhythm Holdings posted Return on Invested Capital [ROIC] of -68.76%, down 20.60 percentage points from FY2023.
- Return on Invested Capital [ROIC] has declined for four consecutive years, with a five-year change of -26.21 percentage points (FY2019 to FY2024).
- By year, Return on Invested Capital [ROIC] came in at -48.16% in FY2023 (-8.62 pp), -39.53% in FY2022 (-9.94 pp), -29.59% in FY2021 (-13.56 pp) and -16.03% in FY2020 (+26.52 pp).
- Five-year quarterly Return on Invested Capital [ROIC] spans a low of -176.19% in Q3 2024 and a high of -11.74% in Q4 2020.
- Year over year, Return on Invested Capital [ROIC] has now declined in each of the last five quarters, with an average year-over-year change of -44.13 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q2 2021 (a gain of 24.30 percentage points); the low point was Q3 2024 (a drop of 134.65 percentage points).
- Per Business Quant data, the three quarters before Q4 2024 came in at -176.19% (Q3 2024), -135.01% (Q2 2024) and -73.83% (Q1 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.08 Bn | 92.52 Bn | - | 22.01% |
| 2 | Natera | 58.93 Bn | 54.61 Bn | 485.19 Mn | -11.74% |
| 3 | Quest Diagnostics | 25.75 Bn | 24.18 Bn | 1.03 Bn | 9.40% |
| 4 | Labcorp Holdings | 24.96 Bn | 22.73 Bn | 1.11 Bn | 8.25% |
| 5 | Guardant Health | 23.76 Bn | 19.82 Bn | 219.03 Mn | - |
| 6 | Tenet Healthcare | 20.83 Bn | 11.98 Bn | - | 18.77% |
| 7 | Tempus AI | 13.43 Bn | 10.46 Bn | 246.50 Mn | -51.95% |
| 8 | BrightSpring Health Services | 11.90 Bn | 10.24 Bn | 492.75 Mn | 8.62% |
| 9 | Encompass Health | 11.82 Bn | 12.29 Bn | - | 15.40% |
| 10 | iRhythm Holdings | 3.64 Bn | 1.35 Bn | 163.21 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | -142.01% |
| Sep 30, 2024 | -176.19% |
| Jun 30, 2024 | -135.01% |
| Mar 31, 2024 | -73.83% |
| Dec 31, 2023 | -50.09% |
| Sep 30, 2023 | -41.54% |
| Jun 30, 2023 | -38.85% |
| Mar 31, 2023 | -39.41% |
| Dec 31, 2022 | -41.46% |
| Sep 30, 2022 | -45.25% |
| Jun 30, 2022 | -45.58% |
| Mar 31, 2022 | -41.69% |
| Dec 31, 2021 | -32.19% |
| Sep 30, 2021 | -23.66% |
| Jun 30, 2021 | -17.47% |
| Mar 31, 2021 | -17.35% |
| Dec 31, 2020 | -11.74% |
| Sep 30, 2020 | -19.84% |
| Jun 30, 2020 | -41.77% |
| Mar 31, 2020 | -33.75% |
API Access
iRhythm Holdings 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=IRTC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "IRTC", "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=IRTC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();