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Shoulder Innovations, Inc. (SI) Return on Invested Capital (ROIC): -14.80%

Is Shoulder Innovations, Inc.’s return on invested capital (ROIC) high or low?

Shoulder Innovations, Inc.'s return on invested capital (ROIC) of -14.80% is 43% above its 2-year average of -25.91%, near the high end of its 2-year range (-41.24%–-14.80%).

As of Sunday, June 21, 2026. 47.18% above its 12-month average of -28.02%.

SI Return on Invested Capital (ROIC) Chart

SI Return on Invested Capital (ROIC)
-14.80%+64.11% 1Y
Zoom

SI Average Return on Invested Capital (ROIC) Chart

SI Current vs Average Return on Invested Capital (ROIC) Chart

SI Return on Invested Capital (ROIC) Metrics

RETURN ON INVESTED CAPITAL (ROIC)

-14.80%

RETURN ON INVESTED CAPITAL (ROIC) AVG TTM

-28.02%

RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y

N/A

RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y

N/A

RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y

N/A

RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y

N/A

RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y

N/A

CURRENT VS TTM AVG

+47.18%

CURRENT VS 3Y AVG

N/A

CURRENT VS 5Y AVG

N/A

CURRENT VS 10Y AVG

N/A

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

SI Competitors' Return on Invested Capital (ROIC)

NAMEMARKET CAPRETURN ON INVESTED CAPITAL (ROIC)TTM3Y5Y
Shoulder Innovations, Inc. (SI)$384.69M-14.80%-28.02%N/AN/A
23andMe Holding Co. (ME)vs ›$15.31M-553.10%-332.89%-182.55%-143.76%
DENTSPLY SIRONA Inc. (XRAY)vs ›$2.07B5.67%-6.15%-6.50%-3.41%
TransMedics Group, Inc. (TMDX)vs ›$2.72B10.94%7.96%-0.14%-9.11%
Oscar Health, Inc. (OSCR)vs ›$7.36B-27.10%-12.21%-19.73%-18.73%
Bio-Rad Laboratories, Inc. (BIO)vs ›$7.64B2.04%2.21%2.35%2.39%
Hims & Hers Health, Inc. (HIMS)vs ›$7.91B6.02%9.35%-2.77%-9.72%
Tempus AI, Inc. (TEM)vs ›$8.87B-10.29%-59.01%-58.33%-53.58%
Charles River Laboratories International, Inc. (CRL)vs ›$8.91B8.36%4.65%6.09%6.66%
Baxter International Inc. (BAX)vs ›$10.27B-1.79%-0.86%-2.61%0.30%

Capital Efficiency

ROIC

-14.8%

ROE

-33.1%

Shoulder Innovations, Inc. Return on Invested Capital (ROIC) Formula & Definition

ROIC = NOPAT / Invested Capital

Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Shoulder Innovations, Inc. Return on Invested Capital (ROIC) FAQ

What is the return on invested capital (ROIC) for Shoulder Innovations, Inc. (SI)?
The return on invested capital (ROIC) for SI stock is -14.80%.
Is Shoulder Innovations, Inc.'s return on invested capital (ROIC) high or low?
Shoulder Innovations, Inc.'s return on invested capital (ROIC) of -14.80% is 43% above its 2-year average of -25.91%, near the high end of its 2-year range (-41.24%–-14.80%).
What is the TTM average return on invested capital (ROIC) for Shoulder Innovations, Inc. (SI)?
The TTM average return on invested capital (ROIC) for SI stock is -28.02%.

Shoulder Innovations, Inc. Return on Invested Capital (ROIC) History

DATERETURN ON INVESTED CAPITAL (ROIC)
2025-12-31-14.80%
2024-12-31-41.24%
2023-12-31-21.69%

About Shoulder Innovations, Inc.

Shoulder Innovations, Inc. is a medical technology firm that engineers and produces sophisticated devices. The company is particularly recognized for designing an innovative shoulder replacement system. Co-founded in 2009 by Stephen B. Gunther and Michael DeVries, its main corporate office is situated in Grand Rapids, Michigan.

La Jolla, CA
300 employees
Healthcare / Medical - Specialties
Sector
Healthcare
Industry
Medical - Specialties
CEO
Alan J. Lane