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 | 234.15 Bn | 230.09 Bn | 8.34 Bn | 0.01% |
| 2 | Danaher | 152.10 Bn | 147.75 Bn | 3.61 Bn | 0.02% |
| 3 | Natera | 48.48 Bn | 47.38 Bn | 486.15 Mn | -0.01% |
| 4 | Agilent Technologies | 44.35 Bn | 42.55 Bn | 990.00 Mn | 0.02% |
| 5 | Iqvia Holdings | 43.68 Bn | 41.60 Bn | 1.44 Bn | 0.00% |
| 6 | Idexx Laboratories | 43.02 Bn | 42.83 Bn | 779.09 Mn | 0.01% |
| 7 | Illumina | 34.39 Bn | 33.22 Bn | 770.00 Mn | - |
| 8 | Mettler Toledo International | 28.29 Bn | 28.24 Bn | 650.22 Mn | 0.04% |
| 9 | Labcorp Holdings | 27.51 Bn | 27.37 Bn | 1.11 Bn | 0.02% |
| 10 | RadNet | 5.85 Bn | 5.12 Bn | 88.08 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 0.01% |
| Dec 31, 2019 | 0.01% |
| 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% |