Tenon Medical (TNON) Return on Capital Employed [ROCE] (2022 - 2026)
Tenon Medical (TNON) recorded Return on Capital Employed [ROCE] of -419.25% in Q2 2026, down 285.91 percentage points from -133.34% a year earlier and down 137.16 percentage points from the prior quarter.
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Analysis
Tenon Medical (TNON) Return on Capital Employed [ROCE] (2022 - 2026) Analysis & Trends
For FY2025, Tenon Medical reported Return on Capital Employed [ROCE] of -180.46%, up 40.68 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has a three-year change of +64.29 percentage points (FY2022 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at -221.14% in FY2024 (+60.86 pp), -282.00% in FY2023 (-37.24 pp) and -244.76% in FY2022.
- The Q2 2026 figure is the lowest quarterly Return on Capital Employed [ROCE] since Q4 2023.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined for three consecutive quarters, with an average year-over-year change of +53.74 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 702.35 percentage points in Q2 2024, against a drop of 970.09 percentage points in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -282.09% (Q1 2026), -174.04% (Q4 2025) and -170.14% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 8.51% |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 7.18% |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 6.23% |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | 18.68% |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 13.86% |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 13.22% |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 9.99% |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 11.59% |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | 4.76% |
| 10 | Tenon Medical | 570,720.00 | -12.91 Mn | 814,000.00 | -419.25% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -419.25% |
| Mar 31, 2026 | -282.09% |
| Dec 31, 2025 | -174.04% |
| Sep 30, 2025 | -170.14% |
| Jun 30, 2025 | -133.34% |
| Mar 31, 2025 | -147.90% |
| Dec 31, 2024 | -143.82% |
| Sep 30, 2024 | -216.47% |
| Jun 30, 2024 | -384.96% |
| Mar 31, 2024 | -291.58% |
| Dec 31, 2023 | -426.03% |
| Sep 30, 2023 | -372.88% |
| Jun 30, 2023 | -1,087.31% |
| Mar 31, 2023 | -325.90% |
| Dec 31, 2022 | -178.62% |
| Sep 30, 2022 | -87.50% |
| Jun 30, 2022 | -117.23% |
API Access
Tenon Medical Return on Capital Employed [ROCE] 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-capital-employed-%5Broce%5D&ticker=TNON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "TNON", "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-capital-employed-%5Broce%5D&ticker=TNON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();