Veracyte (VCYT) Return on Invested Capital [ROIC] (2021 - 2022)
Veracyte (VCYT) reported Return on Invested Capital [ROIC] of -3.87% for Q4 2022, up 3.00 percentage points from -6.86% a year earlier and up 0.56 percentage points from the prior quarter.
Veracyte (VCYT) Return on Invested Capital [ROIC] (2021 - 2022) Analysis & Trends
For FY2022, Veracyte posted Return on Invested Capital [ROIC] of -3.78%, up 6.19 percentage points from FY2021.
- By year, Return on Invested Capital [ROIC] came in at -9.97% in FY2021.
- The Q4 2022 figure ranks as the highest quarterly Return on Invested Capital [ROIC] in data going back to Q1 2021.
- Year over year, Return on Invested Capital [ROIC] has now increased in each of the last four quarters, with an average year-over-year change of +2.92 percentage points over the last four quarters.
- Per Business Quant data, the three quarters before Q4 2022 came in at -4.42% (Q3 2022), -4.88% (Q2 2022) and -4.51% (Q1 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 102.25 Bn | 101.69 Bn | - | 22.01% |
| 2 | Natera | 58.01 Bn | 53.69 Bn | 485.19 Mn | -11.74% |
| 3 | Labcorp Holdings | 26.62 Bn | 24.38 Bn | 1.11 Bn | 8.25% |
| 4 | Quest Diagnostics | 26.61 Bn | 24.70 Bn | 1.04 Bn | 9.85% |
| 5 | Guardant Health | 22.59 Bn | 18.65 Bn | 219.03 Mn | - |
| 6 | Tenet Healthcare | 21.62 Bn | 12.76 Bn | - | 18.77% |
| 7 | Fresenius Medical Care AG | 12.67 Bn | 5.74 Bn | 1.52 Bn | 0.24% |
| 8 | Encompass Health | 12.25 Bn | 12.72 Bn | - | 15.40% |
| 9 | BrightSpring Health Services | 11.87 Bn | 10.21 Bn | 492.75 Mn | 8.62% |
| 10 | Veracyte | 3.85 Bn | 2.61 Bn | 108.55 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | -3.87% |
| Sep 30, 2022 | -4.42% |
| Jun 30, 2022 | -4.88% |
| Mar 31, 2022 | -4.51% |
| Dec 31, 2021 | -6.86% |
| Sep 30, 2021 | -6.95% |
| Jun 30, 2021 | -6.28% |
| Mar 31, 2021 | -9.28% |
Veracyte Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=VCYT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "VCYT", "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-invested-capital-%5Broic%5D&ticker=VCYT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();