Starling Oncology (STLN) Invested Capital (2020 - 2026)
Starling Oncology's Invested Capital came in at $54.95 million for Q2 2026, down 16.8% from $66.04 million a year earlier and down 11.8% from the prior quarter.
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Analysis
Starling Oncology (STLN) Invested Capital (2020 - 2026) Analysis & Trends
For FY2025, Starling Oncology's Invested Capital was $61.68 million, down 36.2% from FY2024.
- Invested Capital has declined in each of the last three years, though with a five-year compound annual growth rate of 9.0% (FY2020 to FY2025).
- Going back by year, Invested Capital was $96.72 million in FY2024 (-32.8%), $143.85 million in FY2023 (-29.4%), $203.8 million in FY2022 (+95.3%) and $104.34 million in FY2021 (+160.7%).
- The Q2 2026 figure represents the lowest quarterly Invested Capital since Q4 2020.
- Year-over-year, Invested Capital has declined for 12 consecutive quarters, with an average decline of 32.8% over the last eight quarters.
- The fastest year-over-year change in Invested Capital over five years came in Q4 2021 (growth of 160.7%), and the weakest in Q2 2025 (a decline of 44.6%).
- Business Quant data shows STLN's Invested Capital at $62.33 million (Q1 2026), $61.68 million (Q4 2025) and $63.92 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - | 43.08 Bn |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn | 1.90 Bn |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn | 13.46 Bn |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn | 14.47 Bn |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn | - |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - | 19.81 Bn |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn | 444.93 Mn |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - | 6.04 Bn |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn | 4.24 Bn |
| 10 | Starling Oncology | 634.96 Mn | 502.37 Mn | 27.17 Mn | 54.95 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 54.95 Mn |
| Mar 31, 2026 | 62.33 Mn |
| Dec 31, 2025 | 61.68 Mn |
| Sep 30, 2025 | 63.92 Mn |
| Jun 30, 2025 | 66.04 Mn |
| Mar 31, 2025 | 78.96 Mn |
| Dec 31, 2024 | 96.72 Mn |
| Sep 30, 2024 | 107.02 Mn |
| Jun 30, 2024 | 119.16 Mn |
| Mar 31, 2024 | 129.68 Mn |
| Dec 31, 2023 | 143.85 Mn |
| Sep 30, 2023 | 157.10 Mn |
| Jun 30, 2023 | 168.41 Mn |
| Mar 31, 2023 | 180.55 Mn |
| Dec 31, 2022 | 203.80 Mn |
| Sep 30, 2022 | 207.00 Mn |
| Jun 30, 2022 | 123.98 Mn |
| Mar 31, 2022 | 132.00 Mn |
| Dec 31, 2021 | 104.34 Mn |
| Dec 31, 2020 | 40.03 Mn |
API Access
Starling Oncology Invested Capital 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=invested-capital&ticker=STLN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "STLN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=STLN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();