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Treace Medical Concepts, Inc. TMCI Return on invested capital

Return on invested capital at other companies

Johnson & Johnson logo
Johnson & JohnsonJNJ
20.6%+0.3pp
CONMED logo
CONMEDCNMD
4.1%-4.0pp
Zimmer Biomet Holdings logo
Zimmer Biomet HoldingsZBH
6.2%-0.1pp
Enovis logo
EnovisENOV
-31.6%+81.4pp
OrthoPediatrics logo
OrthoPediatricsKIDS
-11.4%+0.7pp
Orthofix Medical Inc. logo
Orthofix Medical Inc.OFIX
-8.4%-2.8pp

Other financials

Income statement

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Revenue$47.2M-10.2%
Gross profit$37.4M-10.7%
Operating income-$17.2M-10.2%
Net income-$18.0M-12.8%
EPS (diluted)-$0.28-12.0%

Balance sheet

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Cash & equivalents$9.5M-28.6%
Total debt$71.6M+3.2%
Total equity$77.2M-26.7%
Total assets$184.1M-10.6%

Cash flow

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Operating cash flow$7.2M+72.5%
CapEx$3.1M-13.6%
Free cash flow$4.2M+538%

Valuation

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Market cap$258.19M-26.6%
Enterprise value$320.25M-22.6%
P/S1.3×-0.4×

Profitability

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Gross margin79.7%-0.5pp
Operating margin-26.9%+2.5pp
Net margin-29.4%+6.1pp
FCF margin-12.5%-2.8pp

Returns & leverage

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Return on equity-66.9%+57.5pp
Debt / equity0.9×+0.3×
Current ratio3.6×-0.9×

Where this comes from

Calculated from Treace Medical Concepts, Inc.’s reported figures.

Based on trailing twelve months.

The official record: Treace Medical Concepts, Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Treace Medical Concepts, Inc.'s return on invested capital?
Treace Medical Concepts, Inc. (TMCI) reported return on invested capital of -37.1% in Q1 2026.
How has Treace Medical Concepts, Inc.'s return on invested capital changed year-over-year?
Treace Medical Concepts, Inc.'s return on invested capital decreased by 23.6% year-over-year, from -30% to -37.1%.
What is the long-term trend for Treace Medical Concepts, Inc.'s return on invested capital?
Over 4 years (2021 to 2025), Treace Medical Concepts, Inc.'s return on invested capital has grown at a -16.3% compound annual growth rate (CAGR), from -69% to -33.9%.
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.