Nyxoah (NYXH) Return on Invested Capital [ROIC] (2022 - 2026)
Nyxoah (NYXH) posted Return on Invested Capital [ROIC] of -34.50% for Q3 2026, up 6.77 percentage points from -41.27% a year earlier and up 83.59 percentage points from the prior quarter.
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Analysis
Nyxoah (NYXH) Return on Invested Capital [ROIC] (2022 - 2026) Analysis & Trends
For FY2025, Nyxoah's Return on Invested Capital [ROIC] came in at -87.41%, down 37.51 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has declined for four consecutive years, with a four-year change of -72.82 percentage points (FY2021 to FY2025).
- In prior years, Nyxoah's Return on Invested Capital [ROIC] was -49.90% in FY2024 (-12.84 pp), -37.06% in FY2023 (-15.25 pp), -21.81% in FY2022 (-7.21 pp) and -14.59% in FY2021.
- The Q3 2026 figure stands as the highest quarterly Return on Invested Capital [ROIC] since Q4 2022.
- On a year-over-year basis, Return on Invested Capital [ROIC] increased in four of the last eight quarters, with an average year-over-year change of -9.32 percentage points.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q4 2025, with a gain of 30.42 percentage points; the weakest was Q1 2026, with a drop of 101.05 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was -118.09% (Q2 2026), -164.45% (Q1 2026) and -45.74% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 259.44 Bn | 236.08 Bn | 5.13 Bn | 8.02% |
| 2 | Abbott Laboratories | 187.98 Bn | 162.45 Bn | 7.39 Bn | 5.70% |
| 3 | Danaher | 163.91 Bn | 143.58 Bn | 3.84 Bn | 5.83% |
| 4 | Intuitive Surgical | 153.75 Bn | 134.17 Bn | 2.08 Bn | - |
| 5 | Medtronic | 131.67 Bn | 97.80 Bn | 6.34 Bn | 11.69% |
| 6 | Stryker | 117.84 Bn | 104.03 Bn | 4.25 Bn | 9.95% |
| 7 | Boston Scientific | 64.27 Bn | 59.95 Bn | 3.43 Bn | 9.94% |
| 8 | Edwards Lifesciences | 61.69 Bn | 45.00 Bn | 1.35 Bn | 8.68% |
| 9 | Medline | 51.94 Bn | 49.07 Bn | 1.93 Bn | 4.29% |
| 10 | Nyxoah | 38.72 Mn | -246.52 Mn | 6.66 Mn | -34.50% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -34.50% |
| Jun 30, 2026 | -118.09% |
| Mar 31, 2026 | -164.45% |
| Dec 31, 2025 | -45.74% |
| Sep 30, 2025 | -41.27% |
| Jun 30, 2025 | -79.24% |
| Mar 31, 2025 | -63.41% |
| Dec 31, 2024 | -76.15% |
| Sep 30, 2024 | -68.54% |
| Jun 30, 2024 | -68.25% |
| Mar 31, 2024 | -76.52% |
| Dec 31, 2023 | -74.89% |
| Sep 30, 2023 | -62.60% |
| Jun 30, 2023 | -58.17% |
| Mar 31, 2023 | -50.64% |
| Dec 31, 2022 | -24.94% |
| Sep 30, 2022 | -14.97% |
| Jun 30, 2022 | -21.40% |
| Mar 31, 2022 | -34.44% |
API Access
Nyxoah 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=NYXH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "NYXH", "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=NYXH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();