MDxHealth (MDXH) Return on Invested Capital [ROIC] (2022 - 2026)
MDxHealth (MDXH) reported Return on Invested Capital [ROIC] of -37.11% for the quarter ended Sep 30, 2026, down 6.14 percentage points from the prior quarter.
MDxHealth (MDXH) Return on Invested Capital [ROIC] (2022 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, MDxHealth posted Return on Invested Capital [ROIC] of -10.20%, up 25.41 percentage points from the prior year.
- By year, Return on Invested Capital [ROIC] came in at -35.61% in the year ended Dec 31, 2024 (+24.76 pp) and -60.37% in the year ended Dec 31, 2023.
- The figure for the quarter ended Sep 30, 2026 ranks as the lowest quarterly Return on Invested Capital [ROIC] since the quarter ended Dec 31, 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 105.29 Bn | 103.13 Bn | 17.03 Bn | 21.76% |
| 2 | Natera | 46.06 Bn | 41.68 Bn | 513.47 Mn | -9.90% |
| 3 | Labcorp Holdings | 30.09 Bn | 28.19 Bn | 1.11 Bn | 8.35% |
| 4 | Quest Diagnostics | 28.58 Bn | 26.66 Bn | 1.04 Bn | 9.85% |
| 5 | Guardant Health | 20.44 Bn | 16.05 Bn | 236.15 Mn | - |
| 6 | BrightSpring Health Services | 14.16 Bn | 11.04 Bn | 518.55 Mn | 10.04% |
| 7 | Encompass Health | 13.83 Bn | 14.29 Bn | 1.54 Bn | 11.80% |
| 8 | Tempus AI | 12.69 Bn | 9.84 Bn | 266.70 Mn | -57.17% |
| 9 | Davita | 11.06 Bn | 9.92 Bn | 1.13 Bn | 16.52% |
| 10 | MDxHealth | 7.19 Mn | -122.28 Mn | 14.04 Mn | -37.11% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -37.11% |
| Jun 30, 2026 | -28.54% |
| Dec 31, 2025 | -23.55% |
| Sep 30, 2025 | -13.54% |
| Jun 30, 2025 | -16.21% |
| Mar 31, 2025 | -35.37% |
| Dec 31, 2024 | -36.04% |
| Sep 30, 2024 | -27.12% |
| Dec 31, 2023 | -111.97% |
| Sep 30, 2023 | -0.29% |
| Sep 30, 2022 | -87.41% |
MDxHealth 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=MDXH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "MDXH", "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=MDXH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();