Utah Medical Products (UTMD) Return on Capital Employed [ROCE] (2011 - 2026)
Utah Medical Products (UTMD) reported Return on Capital Employed [ROCE] of 8.39% for Q2 2026, down 2.18 percentage points from 10.57% a year earlier and down 0.63 percentage points from the prior quarter.
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Analysis
Utah Medical Products (UTMD) Return on Capital Employed [ROCE] (2011 - 2026) Analysis & Trends
For FY2025, Utah Medical Products posted Return on Capital Employed [ROCE] of 9.51%, down 1.35 percentage points from FY2024.
- Return on Capital Employed [ROCE] has declined for three consecutive years, with a five-year change of -3.31 percentage points (FY2020 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at 10.85% in FY2024 (-2.57 pp), 13.43% in FY2023 (-3.96 pp), 17.39% in FY2022 (+0.22 pp) and 17.17% in FY2021 (+4.36 pp).
- The Q2 2026 figure ranks as the lowest quarterly Return on Capital Employed [ROCE] in data going back to Q3 2011.
- Year over year, Return on Capital Employed [ROCE] has now declined in each of the last 14 quarters, with an average year-over-year change of -1.81 percentage points over the last eight quarters.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q1 2022 (a gain of 4.83 percentage points); the low point was Q4 2023 (a drop of 4.14 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 9.01% (Q1 2026), 9.53% (Q4 2025) and 10.04% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 242.18 Bn | 221.33 Bn | 4.88 Bn | 8.30% |
| 2 | Abbott Laboratories | 168.71 Bn | 139.79 Bn | 7.27 Bn | 7.98% |
| 3 | Danaher | 150.46 Bn | 134.27 Bn | 3.61 Bn | 6.42% |
| 4 | Intuitive Surgical | 138.71 Bn | 118.26 Bn | 1.96 Bn | 18.58% |
| 5 | Medtronic | 110.54 Bn | 76.41 Bn | 6.34 Bn | 8.34% |
| 6 | Stryker | 105.66 Bn | 91.78 Bn | 4.50 Bn | 13.69% |
| 7 | Boston Scientific | 61.74 Bn | 56.75 Bn | 3.85 Bn | 10.83% |
| 8 | Edwards Lifesciences | 49.09 Bn | 33.21 Bn | 1.35 Bn | 11.99% |
| 9 | Becton Dickinson | 48.16 Bn | 45.31 Bn | 2.32 Bn | 6.00% |
| 10 | Utah Medical Products | 235.96 Mn | -109.00 Mn | 4.76 Mn | 8.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.39% |
| Mar 31, 2026 | 9.01% |
| Dec 31, 2025 | 9.53% |
| Sep 30, 2025 | 10.04% |
| Jun 30, 2025 | 10.57% |
| Mar 31, 2025 | 10.88% |
| Dec 31, 2024 | 11.11% |
| Sep 30, 2024 | 11.55% |
| Jun 30, 2024 | 11.83% |
| Mar 31, 2024 | 12.48% |
| Dec 31, 2023 | 13.04% |
| Sep 30, 2023 | 14.13% |
| Jun 30, 2023 | 15.39% |
| Mar 31, 2023 | 16.46% |
| Dec 31, 2022 | 17.18% |
| Sep 30, 2022 | 17.88% |
| Jun 30, 2022 | 17.45% |
| Mar 31, 2022 | 17.48% |
| Dec 31, 2021 | 16.57% |
| Sep 30, 2021 | 15.92% |
API Access
Utah Medical Products 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=UTMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "UTMD", "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=UTMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();