TransMedics (TMDX) Return on Equity [ROE] (2019 - 2026)
TransMedics (TMDX) recorded Return on Equity [ROE] of 29.98% in Q2 2026, up 5.47 percentage points from 24.52% a year earlier but down 5.57 percentage points from the prior quarter.
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Analysis
TransMedics (TMDX) Return on Equity [ROE] (2019 - 2026) Analysis & Trends
For FY2025, TransMedics reported Return on Equity [ROE] of 54.25%, up 34.86 percentage points from FY2024.
- Annual Return on Equity [ROE] has increased for four straight years, with a five-year change of +90.47 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Equity [ROE] came in at 19.39% in FY2024 (+34.81 pp), -15.42% in FY2023 (+12.97 pp), -28.39% in FY2022 (+23.06 pp) and -51.45% in FY2021 (-15.22 pp).
- Quarterly Return on Equity [ROE] has ranged from -86.01% in Q2 2022 to 45.95% in Q4 2025 over the past five years.
- On a year-over-year basis, Return on Equity [ROE] has increased for 16 consecutive quarters, with an average year-over-year change of +23.62 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Equity [ROE] in the last five years was a gain of 75.52 percentage points in Q2 2023, against a drop of 53.91 percentage points in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 35.56% (Q1 2026), 45.95% (Q4 2025) and 27.26% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 13.36% |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 10.39% |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 7.56% |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 17.60% |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 10.44% |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | -3.90% |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 14.31% |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 9.53% |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 3.88% |
| 10 | TransMedics | 2.89 Bn | 1.00 Bn | 113.20 Mn | 29.98% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.98% |
| Mar 31, 2026 | 35.56% |
| Dec 31, 2025 | 45.95% |
| Sep 30, 2025 | 27.26% |
| Jun 30, 2025 | 24.52% |
| Mar 31, 2025 | 19.78% |
| Dec 31, 2024 | 16.18% |
| Sep 30, 2024 | 16.24% |
| Jun 30, 2024 | 1.73% |
| Mar 31, 2024 | -6.84% |
| Dec 31, 2023 | -18.94% |
| Sep 30, 2023 | -26.16% |
| Jun 30, 2023 | -10.49% |
| Mar 31, 2023 | -14.86% |
| Dec 31, 2022 | -19.28% |
| Sep 30, 2022 | -35.28% |
| Jun 30, 2022 | -86.01% |
| Mar 31, 2022 | -73.29% |
| Dec 31, 2021 | -60.35% |
| Sep 30, 2021 | -45.16% |
API Access
TransMedics Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=TMDX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "ticker": "TMDX", "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-equity-%5Broe%5D&ticker=TMDX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();