Spectral AI (MDAI) Return on Invested Capital (2022 - 2025)

Spectral AI's Return on Invested Capital history runs 4 years deep, the most recent figure standing at 0.02% for Q3 2025.

• Quarterly Return on Invested Capital fell 1.0% year-over-year to 0.02% in Q3 2025, while the trailing twelve-month figure through Sep 2025 was 0.02% (down 1.0% YoY) and the FY2022 annual result came in at 1.7%, changed N/A from the prior year.
• Return on Invested Capital was 0.02% for Q3 2025 at Spectral AI, down from 0.0% in the prior quarter.
• Across five years, Return on Invested Capital topped out at 0.0% in Q1 2025 and bottomed at 4.89% in Q3 2023.
• A 4-year average of 1.19% and a median of 0.81% in 2022 frame the typical range for Return on Invested Capital.
• Annual changes were most pronounced in 2023 — Return on Invested Capital sank 408 bps — and 2024, when it soared 489 bps.
• Spectral AI's Return on Invested Capital stood at 0.9% in 2022, then sank by 442 bps to 4.89% in 2023, then jumped by 100 bps to 0.0% in 2024, then tumbled by 324 bps to 0.02% in 2025.
• Business Quant data shows MDAI's Return on Invested Capital at 0.02% in Q3 2025, 0.0% in Q2 2025, and 0.0% in Q1 2025.