RadNet (RDNT) Return on Invested Capital (2012 - 2021)

RadNet (RDNT) posted Return on Invested Capital of 0.23% for Q3 2021, up 13.1% sequentially from 0.21% in Q2 2021, and up 23.0% YoY from 0.19% in Q3 2020.

RadNet (RDNT) Return on Invested Capital (2012 - 2021) Analysis & Trends

RadNet has reported Return on Invested Capital for 10 years, with the latest figure at 0.23% in Q3 2021.

  • Quarterly Return on Invested Capital rose 23.0% year-over-year to 0.23% in Q3 2021, while the trailing twelve-month figure through Sep 2021 was 0.23% (up 23.0% YoY) and the FY2020 annual result came in at 0.15%, up 9.0% from the prior year.
  • Return on Invested Capital climbed to 0.23% in Q3 2021 per RDNT's latest filing, from 0.21% in the prior quarter.
  • Over five years, Return on Invested Capital peaked at 0.23% in Q3 2021 and troughed at 0.0% in Q1 2018.
  • A 5-year average of 0.04% and a median of 0.01% in 2017 frame the typical range for Return on Invested Capital.
  • The sharpest annual moves came in 2017 and 2021: Return on Invested Capital declined 2 bps in 2017, then rose 23 bps in 2021.
  • Over 5 years, Return on Invested Capital stood at 0.0% in 2017, then jumped by 755 bps to 0.01% in 2018, then surged by 107 bps to 0.02% in 2019, then surged by 236 bps to 0.07% in 2020, then surged by 254 bps to 0.23% in 2021.
  • According to Business Quant data, Return on Invested Capital over the past three periods registered 0.23%, 0.21%, and 0.08% for Q3 2021, Q2 2021, and Q1 2021 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 Thermo Fisher Scientific 213.88 Bn 209.81 Bn 8.34 Bn 0.01%
2 Danaher 140.65 Bn 136.30 Bn 3.61 Bn 0.02%
3 Idexx Laboratories 46.02 Bn 45.83 Bn 779.09 Mn 0.01%
4 Agilent Technologies 39.85 Bn 38.05 Bn 990.00 Mn 0.02%
5 Iqvia Holdings 39.20 Bn 37.12 Bn 1.44 Bn 0.00%
6 Natera 38.80 Bn 37.70 Bn 696.04 Mn -0.01%
7 Illumina 30.11 Bn 28.94 Bn 770.00 Mn -
8 Mettler Toledo International 28.66 Bn 28.61 Bn 650.22 Mn 0.04%
9 Quest Diagnostics 26.24 Bn 25.61 Bn 1.03 Bn 0.01%
10 RadNet 5.18 Bn 4.73 Bn 25.12 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2021 0.23%
Jun 30, 2021 0.21%
Mar 31, 2021 0.08%
Dec 31, 2020 0.07%
Sep 30, 2020 0.00%
Jun 30, 2020 0.01%
Mar 31, 2020 0.02%
Dec 31, 2019 0.02%
Sep 30, 2019 0.01%
Jun 30, 2019 0.01%
Mar 31, 2019 0.01%
Dec 31, 2018 0.01%
Sep 30, 2018 0.00%
Jun 30, 2018 0.00%
Mar 31, 2018 0.00%
Dec 31, 2017 0.00%
Sep 30, 2017 0.01%
Jun 30, 2017 0.01%
Mar 31, 2017 0.02%
Dec 31, 2016 0.02%