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Guardant Health GH Return on invested capital

Return on invested capital at other companies

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-65.7%-96.6pp
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-7.4%-2.6pp
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IlluminaILMN
20%
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VeracyteVCYT
7.1%+4.7pp
Biodesix, Inc. logo
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-45%-10.7pp
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-13.2%-5.1pp

Other financials

Income statement

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Revenue$301.7M+48.3%
Gross profit$196.7M+52.8%
Operating income-$121.4M-9.3%
Net income-$112.1M-17.8%
EPS (diluted)-$0.85-10.4%

Balance sheet

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Cash & equivalents$1.1B+37.0%
Total debt$1.7B+30.5%
Total equity-$181.1M+27.8%
Total assets$1.9B+42.5%

Cash flow

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Operating cash flow-$65.6M-4.7%
CapEx$5.6M+25.1%
Free cash flow-$71.2M-6.0%

Valuation

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Market cap$21.74B+294%
Enterprise value$22.34B+266%
P/S20.1×+13.5×

Profitability

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Gross margin64.9%+3.6pp
Operating margin-41.4%-9.4pp
Net margin-40.1%-8.1pp
FCF margin-22%-6.7pp

Returns & leverage

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Return on equity-438.1%-1,655pp
Debt / equity
Current ratio4.7×+0.6×

Where this comes from

Calculated from Guardant Health’s reported figures.

Based on trailing twelve months.

The source filing: Guardant Health’s 10-Q, filed May 7, 2026. Open the filing →

Filed
May 7, 2026, 5:16 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001576280-26-000026

FAQ

What is Guardant Health's return on invested capital?
Guardant Health (GH) reported return on invested capital of -132.8% in Q1 2026.
What is the long-term trend for Guardant Health's return on invested capital?
Over 3 years (2020 to 2025), Guardant Health's return on invested capital has grown at a 7.1% compound annual growth rate (CAGR), from -42.2% to -51.8%.
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.

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