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Bausch Health Companies BHC Return on invested capital

Return on invested capital at other companies

PBH
Prestige Consumer HealthcarePBH
10.9%-1.2pp
Bausch + Lomb logo
Bausch + LombBLCO
2.1%+1.4pp
Johnson & Johnson logo
Johnson & JohnsonJNJ
20.6%+0.3pp
AbbVie logo
AbbVieABBV
17.1%
Organon logo
OrganonOGN
13.9%-2.2pp
HRO
HarrowHROW
5.7%+4.4pp

Other financials

Income statement

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Revenue$2.5B+11.7%
Operating income-$950.0M-444%
Net income-$1.4B-2,353%
EPS (diluted)-$3.82-2,287%

Balance sheet

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Cash & equivalents$1.3B+13.4%
Total debt$20.8B-3.5%
Total equity-$2.1B-74.0%
Total assets$24.5B-7.3%

Cash flow

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Operating cash flow$230.0M+9.0%
CapEx$109.0M-5.2%
Free cash flow$121.0M+26.0%

Valuation

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Market cap$1.79B-15.9%
Enterprise value$21.24B-5.6%
P/S0.2×0.0×

Profitability

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Gross margin71.4%
Operating margin5.6%-10.3pp
Net margin-1.9%-0.9pp
FCF margin9.8%-2.8pp

Returns & leverage

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Return on equity-70.1%
Debt / equity45.2×
Current ratio1.3×0.0×

Where this comes from

Calculated from Bausch Health Companies’s reported figures.

Based on trailing twelve months.

The official record: Bausch Health Companies’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Bausch Health Companies's return on invested capital?
Bausch Health Companies (BHC) reported return on invested capital of 3.2% in Q1 2026.
How has Bausch Health Companies's return on invested capital changed year-over-year?
Bausch Health Companies's return on invested capital decreased by 18.0% year-over-year, from 3.9% to 3.2%.
What is the long-term trend for Bausch Health Companies's return on invested capital?
Over 5 years (2020 to 2025), Bausch Health Companies's return on invested capital has grown at a 10.9% compound annual growth rate (CAGR), from 2.8% to 4.7%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.