Outset Medical (OM) Return on Invested Capital [ROIC] (2021 - 2026)
Outset Medical (OM) recorded Return on Invested Capital [ROIC] of -32.80% in Q2 2026, down 2.05 percentage points from -30.75% a year earlier and down 1.67 percentage points from the prior quarter.
Outset Medical (OM) Return on Invested Capital [ROIC] (2021 - 2026) Analysis & Trends
For FY2025, Outset Medical reported Return on Invested Capital [ROIC] of -29.82%, up 17.70 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has a four-year change of +4.43 percentage points (FY2021 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at -47.52% in FY2024 (+9.52 pp), -57.03% in FY2023 (-13.88 pp), -43.16% in FY2022 (-8.91 pp) and -34.25% in FY2021.
- The Q2 2026 figure is the lowest quarterly Return on Invested Capital [ROIC] since Q1 2025.
- On a year-over-year basis, Return on Invested Capital [ROIC] rose in seven of the last eight quarters, with an average year-over-year change of +15.64 percentage points.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 23.42 percentage points in Q2 2025, against a drop of 23.01 percentage points in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at -31.14% (Q1 2026), -28.93% (Q4 2025) and -29.10% (Q3 2025).
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 | Outset Medical | 74.44 Mn | -968.54 Mn | 13.28 Mn | -32.80% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -32.80% |
| Mar 31, 2026 | -31.14% |
| Dec 31, 2025 | -28.93% |
| Sep 30, 2025 | -29.10% |
| Jun 30, 2025 | -30.75% |
| Mar 31, 2025 | -38.04% |
| Dec 31, 2024 | -48.33% |
| Sep 30, 2024 | -50.48% |
| Jun 30, 2024 | -54.17% |
| Mar 31, 2024 | -60.11% |
| Dec 31, 2023 | -67.66% |
| Sep 30, 2023 | -65.17% |
| Jun 30, 2023 | -56.64% |
| Mar 31, 2023 | -51.30% |
| Dec 31, 2022 | -49.45% |
| Sep 30, 2022 | -49.96% |
| Jun 30, 2022 | -42.29% |
| Mar 31, 2022 | -35.25% |
| Dec 31, 2021 | -30.95% |
| Sep 30, 2021 | -26.95% |
Outset Medical 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=OM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "OM", "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=OM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();