Myriad Genetics (MYGN) Return on Invested Capital [ROIC] (2016 - 2026)
Myriad Genetics (MYGN) recorded Return on Invested Capital [ROIC] of -22.35% in Q2 2026, up 42.40 percentage points from -64.75% a year earlier and up 59.90 percentage points from the prior quarter.
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Analysis
Myriad Genetics (MYGN) Return on Invested Capital [ROIC] (2016 - 2026) Analysis & Trends
For FY2025, Myriad Genetics reported Return on Invested Capital [ROIC] of -58.37%, down 42.56 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has a four-year change of -49.62 percentage points (FY2021 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at -15.81% in FY2024 (+14.34 pp), -30.15% in FY2023 (-18.06 pp), -12.08% in FY2022 (-3.33 pp) and -8.75% in FY2021.
- The Q2 2026 figure is the highest quarterly Return on Invested Capital [ROIC] since Q1 2025.
- On a year-over-year basis, Return on Invested Capital [ROIC] rose in four of the last eight quarters, with an average year-over-year change of -18.03 percentage points.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 42.40 percentage points in Q2 2026, against a drop of 69.40 percentage points in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at -82.25% (Q1 2026), -73.17% (Q4 2025) and -84.27% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 102.25 Bn | 101.69 Bn | - | 22.01% |
| 2 | Natera | 58.01 Bn | 53.69 Bn | 485.19 Mn | -11.74% |
| 3 | Labcorp Holdings | 26.62 Bn | 24.38 Bn | 1.11 Bn | 8.25% |
| 4 | Quest Diagnostics | 26.61 Bn | 24.70 Bn | 1.04 Bn | 9.85% |
| 5 | Guardant Health | 22.59 Bn | 18.65 Bn | 219.03 Mn | - |
| 6 | Tenet Healthcare | 21.62 Bn | 12.76 Bn | - | 18.77% |
| 7 | Fresenius Medical Care AG | 12.67 Bn | 5.74 Bn | 1.52 Bn | 0.24% |
| 8 | Encompass Health | 12.25 Bn | 12.72 Bn | - | 15.40% |
| 9 | BrightSpring Health Services | 11.87 Bn | 10.21 Bn | 492.75 Mn | 8.62% |
| 10 | Myriad Genetics | 556.39 Mn | 21.79 Mn | 127.00 Mn | -22.35% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -22.35% |
| Mar 31, 2026 | -82.25% |
| Dec 31, 2025 | -73.17% |
| Sep 30, 2025 | -84.27% |
| Jun 30, 2025 | -64.75% |
| Mar 31, 2025 | -13.22% |
| Dec 31, 2024 | -16.33% |
| Sep 30, 2024 | -14.87% |
| Jun 30, 2024 | -19.58% |
| Mar 31, 2024 | -28.66% |
| Dec 31, 2023 | -33.35% |
| Sep 30, 2023 | -36.20% |
| Dec 31, 2021 | -9.37% |
| Sep 30, 2021 | -11.50% |
| Jun 30, 2021 | -12.72% |
| Mar 31, 2021 | -21.52% |
| Sep 30, 2020 | -17.46% |
| Jun 30, 2020 | -17.74% |
| Mar 31, 2020 | -11.66% |
| Dec 31, 2019 | -1.56% |
API Access
Myriad Genetics 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=MYGN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "MYGN", "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=MYGN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();