Mitek Systems (MITK) Return on Invested Capital (2011 - 2024)

Mitek Systems' (MITK) quarterly Return on Invested Capital came in at 0.0% in Q2 2024, down 1.0% year-on-year from 0.0% in Q3 2023, and down 57.17% quarter-over-quarter from 0.0% in Q1 2024.

Mitek Systems (MITK) Return on Invested Capital (2011 - 2024) Analysis & Trends

Mitek Systems' Return on Invested Capital history runs 9 years deep, the most recent figure standing at 0.0% for Q2 2024.

  • On a quarterly basis, Return on Invested Capital fell 1.0% year-over-year to 0.0% in Q2 2024; TTM through Jun 2024 was 0.0%, a 1.0% decrease from a year earlier, with the FY2023 full-year figure at 0.02%, changed 0.0% from the prior year.
  • Return on Invested Capital eased to 0.0% in Q2 2024 per MITK's latest filing, from 0.0% in the prior quarter.
  • Across five years, Return on Invested Capital topped out at 0.04% in Q1 2021 and bottomed at 0.0% in Q2 2024.
  • The 5-year median for Return on Invested Capital is 0.01% (2021), against an average of 0.01%.
  • Across the five-year window, Return on Invested Capital gained 3 bps in 2020 and declined 4 bps in 2022, its largest moves.
  • Year by year, Return on Invested Capital stood at 0.03% in 2020, then sank by 83 bps to 0.01% in 2021, then slumped by 31 bps to 0.0% in 2022, then slumped by 98 bps to 0.0% in 2023, then slumped by 5904 bps to 0.0% in 2024.
  • Per Business Quant, the three latest MITK Return on Invested Capital figures stand at 0.0% (Q2 2024), 0.0% (Q1 2024), and 0.0% (Q4 2023).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 0.01%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - 0.80%
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 0.01%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn -
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 0.02%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn -
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn -
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn -
10 Mitek Systems 716.75 Mn 639.16 Mn 46.32 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2024 0.00%
Mar 31, 2024 0.00%
Dec 31, 2023 0.00%
Sep 30, 2023 0.00%
Jun 30, 2023 0.01%
Mar 31, 2023 0.01%
Dec 31, 2022 0.00%
Sep 30, 2022 0.00%
Jun 30, 2022 0.00%
Mar 31, 2022 0.00%
Dec 31, 2021 0.01%
Sep 30, 2021 0.01%
Jun 30, 2021 0.02%
Mar 31, 2021 0.04%
Dec 31, 2020 0.03%
Sep 30, 2020 0.02%
Jun 30, 2020 0.02%
Mar 31, 2020 0.01%
Dec 31, 2019 0.00%
Sep 30, 2019 0.00%