Dentsply Sirona (XRAY) Return on Invested Capital [ROIC] (2009 - 2026)
Dentsply Sirona's Return on Invested Capital [ROIC] was -8.70% in Q2 2026, up 11.63 percentage points from -20.32% a year earlier and up 5.70 percentage points from the prior quarter.
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Analysis
Dentsply Sirona (XRAY) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Dentsply Sirona came in at -10.90%, up 7.11 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a five-year change of -10.85 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was -18.01% in FY2024 (-16.86 pp), -1.15% in FY2023 (+11.99 pp), -13.13% in FY2022 (-19.55 pp) and 6.41% in FY2021 (+6.45 pp).
- The Q2 2026 figure marks the highest quarterly Return on Invested Capital [ROIC] since Q3 2024.
- Compared with a year earlier, Return on Invested Capital [ROIC] has increased for three straight quarters, with an average year-over-year change of -6.09 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q1 2024 (a gain of 15.37 percentage points); the worst was Q1 2023 (a drop of 21.89 percentage points).
- Per Business Quant data, XRAY's Return on Invested Capital [ROIC] in the three quarters before Q2 2026 was -14.40% (Q1 2026), -11.19% (Q4 2025) and -19.23% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 8.02% |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 5.70% |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 5.83% |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | - |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 11.69% |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 9.95% |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 9.94% |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 8.68% |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | 4.29% |
| 10 | Dentsply Sirona | 1.92 Bn | 971.54 Mn | 443.00 Mn | -1.54% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -1.54% |
| Jun 30, 2026 | -8.70% |
| Mar 31, 2026 | -14.40% |
| Dec 31, 2025 | -11.19% |
| Sep 30, 2025 | -19.23% |
| Jun 30, 2025 | -20.32% |
| Mar 31, 2025 | -20.04% |
| Dec 31, 2024 | -19.46% |
| Sep 30, 2024 | -6.02% |
| Jun 30, 2024 | -1.35% |
| Mar 31, 2024 | -0.60% |
| Dec 31, 2023 | -1.19% |
| Sep 30, 2023 | -1.63% |
| Jun 30, 2023 | -15.71% |
| Mar 31, 2023 | -15.97% |
| Dec 31, 2022 | -14.86% |
| Sep 30, 2022 | -11.98% |
| Jun 30, 2022 | 5.75% |
| Mar 31, 2022 | 5.92% |
| Dec 31, 2021 | 6.44% |
API Access
Dentsply Sirona 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=XRAY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "XRAY", "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=XRAY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();