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HealthStream HSTM Return on invested capital

Return on invested capital at other companies

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Workday, Inc.WDAY
8%+3.3pp
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OracleORCL
30.6%+13.6pp
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DoximityDOCS
20.7%-6.0pp
Solventum logo
SolventumSOLV
17.1%+9.7pp
Equifax logo
EquifaxEFX
8.8%+0.9pp
Paycom Software logo
Paycom SoftwarePAYC
32%

Other financials

Income statement

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Revenue$81.2M+10.5%
Gross profit$49.2M+1.6%
Operating income$5.1M-4.9%
Net income$5.9M+28.9%
EPS (diluted)$0.15-7.6%

Balance sheet

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Cash & equivalents$48.7M-37.0%
Total debt$14.1M-15.5%
Total equity$352.0M-3.0%
Total assets$527.4M+0.6%

Cash flow

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Operating cash flow$27.1M+0.2%
CapEx$740.0K-29.9%
Free cash flow$26.4M+1.4%

Valuation

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Market cap$762.81M-6.1%
Enterprise value$728.16M-3.1%
P/E38.8×-2.7×
P/S2.5×-0.3×

Profitability

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Gross margin64.7%-1.7pp
Operating margin6.7%-0.6pp
Net margin6.3%-0.4pp
FCF margin19.2%-2.0pp

Returns & leverage

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Return on equity5.5%0.0pp
Debt / equity0.0×
Current ratio-0.4×

Where this comes from

Calculated from HealthStream’s reported figures.

Based on trailing twelve months.

The official record: HealthStream’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is HealthStream's return on invested capital?
HealthStream (HSTM) reported return on invested capital of 4.9% in Q4 2025.
How has HealthStream's return on invested capital changed year-over-year?
HealthStream's return on invested capital decreased by 8.6% year-over-year, from 5.3% to 4.9%.
What is the long-term trend for HealthStream's return on invested capital?
Over 4 years (2020 to 2025), HealthStream's return on invested capital has grown at a 2.7% compound annual growth rate (CAGR), from 4.4% to 4.9%.
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.