Doximity, Inc.

DOCS Healthcare Health Information Services

Doximity, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $644.9 million, up 13.1% from fiscal 2025.

Revenue
+3.57%
EPS
−42.4%
Free cash flow
+1.87%

Quarter to September 2026, against a year earlier

32.10 1.08 −3.25%
Market cap
$5.9B
P/E
44.4×
Fwd P/E
49.7×
Dividend yield
—
F-score
5/9
Altman Z
17.11
Beneish M
−2.93
Dividend safety
n/a

Doximity, Inc. (DOCS) Return on invested capital

Alert me on Return on invested capital

Doximity, Inc.'s return on invested capital over the twelve months to 30 September 2026 was 50.6%, down 15.8 percentage points from fiscal 2026 (66.4%). Over the past ten years it has ranged from 0.00% (fiscal 2020) to 587.9% (fiscal 2021); the current reading is higher than 50% of that period. That is above the Health Information Services industry median of 0.00% and above the Healthcare sector median of 0.00%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2026 66.4% (18.85)
FY2025 85.3% 11.32
FY2024 74.0% 11.45
FY2023 62.5% (25.67)
FY2022 88.2% (499.70)
FY2021 587.9% 587.87
FY2020 0.00% 0.00
FY2019 0.00% —

Against its own ten years

Low 0.00% High 587.9%
Ten-year median 70.2%
Current reading's percentile 50

Return on invested capital against peers

Company Return on invested capital
DOCS Doximity, Inc. 50.6%
BTSG BrightSpring Health Services, Inc. compare 8.91%
HQY HealthEquity, Inc. compare 8.24%
PRVA Privia Health Group, Inc. compare 7.47%
WAY Waystar Holding Corp. compare 3.33%
SDGR Schrodinger, Inc. compare 0.00%
HNGE Hinge Health Inc. compare 0.00%
TEM Tempus AI, Inc. compare −14.4%
HTFL Heartflow, Inc. compare −42.8%
Health Information Services industry median 0.00%
Healthcare sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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