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The Oncology Institute, Inc. TOI Return on invested capital

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Other financials

Income statement

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Revenue$147.4M+41.2%
Operating income-$6.5M+34.3%
Net income-$2.5M+87.3%
EPS (diluted)-$0.02+90.5%

Balance sheet

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Cash & equivalents$30.3M-23.8%
Total debt$104.9M+2.5%
Total equity-$16.3M-421%
Total assets$168.2M+2.6%

Cash flow

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Operating cash flow-$2.2M+55.6%
CapEx$1.0M+218%
Free cash flow-$3.3M+38.7%

Valuation

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Market cap$511.91M+133%
Enterprise value$586.58M+108%
P/S0.9×+0.4×

Profitability

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Operating margin-6%-2.1pp
Net margin-8%-2.7pp
FCF margin-5.1%

Returns & leverage

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Return on equity-277.6%-700pp
Debt / equity20.2×+17.3×
Current ratio1.5×-0.3×

Where this comes from

Calculated from The Oncology Institute, Inc.’s reported figures.

Based on trailing twelve months.

The official record: The Oncology Institute, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is The Oncology Institute, Inc.'s return on invested capital?
The Oncology Institute, Inc. (TOI) reported return on invested capital of -51.8% in Q1 2026.
How has The Oncology Institute, Inc.'s return on invested capital changed year-over-year?
The Oncology Institute, Inc.'s return on invested capital increased by 3.9% year-over-year, from -53.9% to -51.8%.
What is the long-term trend for The Oncology Institute, Inc.'s return on invested capital?
Over 2 years (2023 to 2025), The Oncology Institute, Inc.'s return on invested capital has grown at a 13.3% compound annual growth rate (CAGR), from -42.7% to -54.8%.
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.