Joint (JYNT) Return on Invested Capital [ROIC] (2015 - 2024)
Joint (JYNT) recorded Return on Invested Capital [ROIC] of -9.18% in Q4 2024, down 9.18 percentage points from 0.00% a year earlier and down 1.38 percentage points from the prior quarter.
Joint (JYNT) Return on Invested Capital [ROIC] (2015 - 2024) Analysis & Trends
For FY2024, Joint reported Return on Invested Capital [ROIC] of -7.96%, down 7.96 percentage points from FY2023.
- Annual Return on Invested Capital [ROIC] has a five-year change of -92.91 percentage points (FY2019 to FY2024).
- Across earlier years, Return on Invested Capital [ROIC] came in at 0.00% in FY2023 (+5.65 pp), -5.65% in FY2022 (-27.85 pp), 22.20% in FY2021 (-15.71 pp) and 37.91% in FY2020 (-47.03 pp).
- The Q4 2024 figure is the lowest quarterly Return on Invested Capital [ROIC] since Q3 2018.
- 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 -4.34 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 5.86 percentage points in Q1 2024, against a drop of 30.46 percentage points in Q4 2020 at the low end.
- Per Business Quant, the preceding three quarters came in at -7.80% (Q3 2024), -4.92% (Q2 2024) and 0.00% (Q1 2024).
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 | Joint | 103.37 Mn | 7.26 Mn | 12.70 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | -9.18% |
| Sep 30, 2024 | -7.80% |
| Jun 30, 2024 | -4.92% |
| Mar 31, 2024 | 0.00% |
| Dec 31, 2023 | 0.00% |
| Sep 30, 2023 | -5.16% |
| Jun 30, 2023 | -3.19% |
| Mar 31, 2023 | -5.86% |
| Dec 31, 2022 | -5.55% |
| Sep 30, 2022 | 0.00% |
| Jun 30, 2022 | 3.21% |
| Mar 31, 2022 | 15.19% |
| Dec 31, 2021 | 19.19% |
| Sep 30, 2021 | 27.68% |
| Jun 30, 2021 | 30.50% |
| Mar 31, 2021 | 24.67% |
| Dec 31, 2020 | 31.25% |
| Sep 30, 2020 | 33.77% |
| Jun 30, 2020 | 29.75% |
| Mar 31, 2020 | 43.56% |
Joint 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=JYNT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "JYNT", "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=JYNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();