Oscar Health (OSCR) Return on Invested Capital [ROIC] (2021 - 2026)
Oscar Health (OSCR) reported Return on Invested Capital [ROIC] of 25.66% for Q2 2026, up 34.02 percentage points from -8.36% a year earlier and up 25.06 percentage points from the prior quarter.
Powered by 
Analysis
Oscar Health (OSCR) Return on Invested Capital [ROIC] (2021 - 2026) Analysis & Trends
For FY2025, Oscar Health posted Return on Invested Capital [ROIC] of -29.07%, down 32.77 percentage points from FY2024.
- Return on Invested Capital [ROIC] has a four-year change of +426.34 percentage points (FY2021 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at 3.70% in FY2024 (+24.23 pp), -20.53% in FY2023 (+25.10 pp), -45.64% in FY2022 (+409.78 pp) and -455.41% in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Return on Invested Capital [ROIC] in data going back to Q1 2021.
- Year over year, Return on Invested Capital [ROIC] gained in four of the last eight quarters, with an average year-over-year change of +4.06 percentage points.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q1 2022 (a gain of 81.03 percentage points); the low point was Q4 2025 (a drop of 28.59 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.60% (Q1 2026), -25.37% (Q4 2025) and -13.25% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 336.54 Bn | 221.18 Bn | 36.67 Bn | 10.31% |
| 2 | Cvs Health | 110.50 Bn | 63.10 Bn | 47.23 Bn | 4.96% |
| 3 | Mckesson | 105.27 Bn | 91.73 Bn | 3.69 Bn | 107.91% |
| 4 | Elevance Health | 83.85 Bn | -57.90 Bn | 13.45 Bn | -158.82% |
| 5 | Cigna | 71.48 Bn | 41.02 Bn | 14.97 Bn | 10.87% |
| 6 | Cencora | 58.97 Bn | 48.06 Bn | 3.61 Bn | 14.39% |
| 7 | Cardinal Health | 53.10 Bn | 37.10 Bn | 2.56 Bn | 33.91% |
| 8 | Humana | 46.62 Bn | -41.18 Bn | 5.50 Bn | 6.65% |
| 9 | Centene | 31.12 Bn | -59.17 Bn | 14.55 Bn | -14.72% |
| 10 | Oscar Health | 8.46 Bn | -13.92 Bn | 1.09 Bn | 25.66% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.66% |
| Mar 31, 2026 | 0.60% |
| Dec 31, 2025 | -25.37% |
| Sep 30, 2025 | -13.25% |
| Jun 30, 2025 | -8.36% |
| Mar 31, 2025 | 9.92% |
| Dec 31, 2024 | 3.22% |
| Sep 30, 2024 | 3.32% |
| Jun 30, 2024 | 2.72% |
| Mar 31, 2024 | -2.03% |
| Dec 31, 2023 | -20.27% |
| Sep 30, 2023 | -25.31% |
| Jun 30, 2023 | -36.02% |
| Mar 31, 2023 | -45.17% |
| Dec 31, 2022 | -45.82% |
| Sep 30, 2022 | -38.50% |
| Jun 30, 2022 | -36.68% |
| Mar 31, 2022 | -36.29% |
| Dec 31, 2021 | -36.97% |
| Sep 30, 2021 | -32.58% |
API Access
Oscar Health 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=OSCR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "OSCR", "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=OSCR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();