LivaNova (LIVN) Return on Invested Capital [ROIC] (2016 - 2026)
LivaNova (LIVN) posted Return on Invested Capital [ROIC] of 12.03% for Q2 2026, up 1.12 percentage points from 10.91% a year earlier and up 0.99 percentage points from the prior quarter.
LivaNova (LIVN) Return on Invested Capital [ROIC] (2016 - 2026) Analysis & Trends
For FY2025, LivaNova's Return on Invested Capital [ROIC] came in at 11.31%, up 6.47 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has increased for three consecutive years, with a five-year change of +27.01 percentage points (FY2020 to FY2025).
- In prior years, LivaNova's Return on Invested Capital [ROIC] was 4.85% in FY2024 (+4.85 pp), 0.00% in FY2023 (+4.68 pp), -4.68% in FY2022 (-4.63 pp) and -0.05% in FY2021 (+15.65 pp).
- Quarterly Return on Invested Capital [ROIC] has run from a low of -16.60% in Q3 2021 to a high of 12.59% in Q4 2025 over five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased in each of the last seven quarters, with an average year-over-year change of +6.07 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q2 2022, with a gain of 21.55 percentage points; the weakest was Q2 2023, with a drop of 10.44 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 11.04% (Q1 2026), 12.59% (Q4 2025) and 12.33% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 242.18 Bn | 221.33 Bn | 4.88 Bn | 7.89% |
| 2 | Abbott Laboratories | 168.71 Bn | 139.79 Bn | 7.27 Bn | 6.20% |
| 3 | Danaher | 150.46 Bn | 134.27 Bn | 3.61 Bn | 5.71% |
| 4 | Intuitive Surgical | 138.71 Bn | 118.26 Bn | 1.96 Bn | - |
| 5 | Medtronic | 110.54 Bn | 76.41 Bn | 6.34 Bn | 6.90% |
| 6 | Stryker | 105.66 Bn | 91.78 Bn | 4.50 Bn | 10.46% |
| 7 | Boston Scientific | 61.74 Bn | 56.75 Bn | 3.85 Bn | 10.53% |
| 8 | Edwards Lifesciences | 49.09 Bn | 33.21 Bn | 1.35 Bn | 8.99% |
| 9 | Becton Dickinson | 48.16 Bn | 45.31 Bn | 2.32 Bn | 5.27% |
| 10 | LivaNova | 4.13 Bn | 1.79 Bn | 273.67 Mn | 12.03% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.03% |
| Mar 31, 2026 | 11.04% |
| Dec 31, 2025 | 12.59% |
| Sep 30, 2025 | 12.33% |
| Jun 30, 2025 | 10.91% |
| Mar 31, 2025 | 8.94% |
| Dec 31, 2024 | 4.76% |
| Sep 30, 2024 | 0.00% |
| Jun 30, 2024 | -0.22% |
| Mar 31, 2024 | -0.68% |
| Dec 31, 2023 | 0.00% |
| Sep 30, 2023 | 0.28% |
| Jun 30, 2023 | -5.73% |
| Mar 31, 2023 | -5.04% |
| Dec 31, 2022 | -4.47% |
| Sep 30, 2022 | -3.84% |
| Jun 30, 2022 | 4.71% |
| Mar 31, 2022 | 0.88% |
| Dec 31, 2021 | -0.05% |
| Sep 30, 2021 | -16.60% |
LivaNova 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=LIVN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "LIVN", "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=LIVN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();