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Vericel VCEL Return on invested capital

Return on invested capital at other companies

Zimmer Biomet Holdings logo
Zimmer Biomet HoldingsZBH
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LeMaitre Vascular logo
LeMaitre VascularLMAT
15.3%+2.5pp
Capricor Therapeutics logo
Capricor TherapeuticsCAPR
-83.2%-10.5pp
Globus Medical logo
Globus MedicalGMED
11.9%+5.0pp
Johnson & Johnson logo
Johnson & JohnsonJNJ
20.6%+0.3pp

Other financials

Income statement

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Revenue$68.4M+30.1%
Gross profit$49.3M+35.8%
Operating income-$8.1M+37.0%
Net income-$6.3M+44.0%
EPS (diluted)-$0.12+47.8%

Balance sheet

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Cash & equivalents$109.3M+37.1%
Total debt$95.0M-4.6%
Total equity$356.2M+20.6%
Total assets$485.6M+14.4%

Cash flow

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Operating cash flow$16.4M+148%
CapEx$1.3M-91.2%
Free cash flow$15.1M+299%

Valuation

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Market cap$2.06B-26.8%
Enterprise value$2.05B-28.0%
P/E96.1×-850×
P/S7.1×-4.7×

Profitability

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Gross margin74.8%+2.3pp
Operating margin5.4%+4.6pp
Net margin7.3%+6.1pp
FCF margin16.3%

Returns & leverage

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Return on equity6.6%+5.5pp
Debt / equity0.3×-0.1×
Current ratio5.2×+0.2×

Where this comes from

Calculated from Vericel’s reported figures.

Based on trailing twelve months.

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

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Questions, answered.

What is Vericel's return on invested capital?
Vericel (VCEL) reported return on invested capital of 4.8% in Q1 2026.
How has Vericel's return on invested capital changed year-over-year?
Vericel's return on invested capital increased by 587.5% year-over-year, from -1% to 4.8%.
What is the long-term trend for Vericel's return on invested capital?
Over 2 years (2020 to 2025), Vericel's return on invested capital has grown at a 37.8% compound annual growth rate (CAGR), from 1.7% to 3.2%.
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.