Maravai Lifesciences Holdings (MRVI) Return on Invested Capital [ROIC] (2021 - 2026)
Maravai Lifesciences Holdings' Return on Invested Capital [ROIC] was -20.98% in Q2 2026, up 18.75 percentage points from -39.72% a year earlier and up 4.79 percentage points from the prior quarter.
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Analysis
Maravai Lifesciences Holdings (MRVI) Return on Invested Capital [ROIC] (2021 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Maravai Lifesciences Holdings came in at -27.50%, down 6.11 percentage points from FY2024.
- Return on Invested Capital [ROIC] has now declined for four consecutive years, with a four-year change of -83.05 percentage points (FY2021 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was -21.39% in FY2024 (-21.39 pp), 0.00% in FY2023 (-40.73 pp), 40.73% in FY2022 (-14.82 pp) and 55.56% in FY2021.
- The Q2 2026 figure marks the highest quarterly Return on Invested Capital [ROIC] since Q3 2024.
- Compared with a year earlier, Return on Invested Capital [ROIC] was higher in two of the last eight quarters, with an average year-over-year change of -13.60 percentage points.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q1 2022 (a gain of 27.28 percentage points); the worst was Q2 2025 (a drop of 39.72 percentage points).
- Per Business Quant data, MRVI's Return on Invested Capital [ROIC] in the three quarters before Q2 2026 was -25.77% (Q1 2026), -30.44% (Q4 2025) and -25.62% (Q3 2025).
Peer Set
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 | Maravai Lifesciences Holdings | 2.05 Bn | 1.51 Bn | 20.65 Mn | -20.98% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -20.98% |
| Mar 31, 2026 | -25.77% |
| Dec 31, 2025 | -30.44% |
| Sep 30, 2025 | -25.62% |
| Jun 30, 2025 | -39.72% |
| Mar 31, 2025 | -31.10% |
| Dec 31, 2024 | -23.31% |
| Sep 30, 2024 | 0.00% |
| Jun 30, 2024 | 0.00% |
| Mar 31, 2024 | 0.00% |
| Dec 31, 2023 | 0.00% |
| Sep 30, 2023 | 5.97% |
| Jun 30, 2023 | 13.80% |
| Mar 31, 2023 | 25.79% |
| Dec 31, 2022 | 36.46% |
| Sep 30, 2022 | 40.96% |
| Jun 30, 2022 | 46.71% |
| Mar 31, 2022 | 49.60% |
| Dec 31, 2021 | 47.50% |
| Sep 30, 2021 | 41.28% |
API Access
Maravai Lifesciences Holdings 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=MRVI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "MRVI", "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=MRVI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();