Guardant Health, Inc.

GH Healthcare Diagnostics & Research

Guardant Health, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $982.0 million, up 32.9% from fiscal 2024.

Revenue
+36.1%
EPS
−25.7%
Free cash flow
+18.7%
Total debt
+34.8%

Quarter to September 2026, against a year earlier

154.16 14.42 −8.55%
Market cap
$20.6B
P/E
0.0×
Fwd P/E
−55.6×
Dividend yield
—
F-score
5/9
Altman Z
2.02
Beneish M
−2.78
Dividend safety
n/a

Guardant Health, Inc. (GH) Return on invested capital

Alert me on Return on invested capital

Guardant Health, Inc.'s return on invested capital over the twelve months to 30 September 2026 was −25.7%, up 108.9 percentage points from fiscal 2025 (−134.6%). Over the past ten years it has ranged from −271.5% (fiscal 2023) to 0.00% (fiscal 2016); the current reading is higher than 40% of that period. That is below the Diagnostics & Research industry median of 0.00% and below 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)
FY2025 −134.6% 35.61
FY2024 −170.2% 101.30
FY2023 −271.5% (88.88)
FY2022 −182.6% (152.27)
FY2021 −30.3% 21.10
FY2020 −51.4% (35.11)
FY2019 −16.3% 65.29
FY2018 −81.6% (27.03)
FY2017 −54.6% (54.57)
FY2016 0.00% —

Against its own ten years

Low −271.5% High 0.00%
Ten-year median −68.1%
Current reading's percentile 40

Return on invested capital against peers

Company Return on invested capital
MTD Mettler-Toledo International, Inc. compare 35.4%
ILMN Illumina, Inc. compare 16.7%
DGX Quest Diagnostics Incorporated compare 8.48%
LH Labcorp Holdings Inc. compare 6.76%
ICLR ICON PLC compare 3.84%
RVTY Revvity Inc. compare 2.50%
CRL Charles River Laboratories International, Inc. compare 1.81%
MEDP Medpace Holdings, Inc. compare 0.00%
GH Guardant Health, Inc. −25.7%
Diagnostics & Research 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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