Co-Diagnostics

Co-Diagnostics CROIC

The Cash Return on Invested Capital (CROIC) of Co-Diagnostics (CODX) as of Oct 16, 2026 is -136.46 %. In the previous year, Cash Return on Invested Capital (CROIC) was -52.96 % — a change of 157.66% (lower).

CROIC

-136.46 %

YoY

157.66%

Last updated:

Cash Return on Invested Capital (CROIC) of Co-Diagnostics is 2025 -136.46 % . Cash Return on Invested Capital (CROIC) of Co-Diagnostics was 2024 -52.96 % . It decreases by 157.66% lower compared to the previous year.

The Co-Diagnostics CROIC history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

CROIC
Date
CROIC
Jan 1, 2018
-485.00 USD
Jan 1, 2019
-324.55 USD
Jan 1, 2020
41.07 USD
Jan 1, 2021
28.75 USD
Jan 1, 2022
4.48 USD
Jan 1, 2023
-26.34 USD
Jan 1, 2024
-52.96 USD
Jan 1, 2025
-136.46 USD
The Co-Diagnostics CROIC history
YEARCROICYoY
-136.46 %+157.66%
-52.96 %+101.03%
-26.34 %-688.59%
4.48 %-84.43%
28.75 %-29.99%
41.07 %-112.65%
-324.55 %-33.08%
-485.00 %+459.02%
-86.76 %-73.83%
-331.55 %-127.32%
1,213.77 %-279.55%
-675.99 %—

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Co-Diagnostics Stock analysis

What does Co-Diagnostics do? Co-Diagnostics Inc, listed on the NASDAQ with ticker CODX, is headquartered in Salt Lake City, Utah. The company develops, manufactures, and markets diagnostics technology, focusing on nucleic acid detection and analysis for diseases and pathogens. Its proprietary test design system and reagents support polymerase chain reaction diagnostics for conditions including tuberculosis, hepatitis, malaria, dengue, HIV, and Zika virus. The company employs 115 people and went public via IPO on July 12, 2017. It sells diagnostic equipment from other manufacturers as self-contained lab systems. Its website is http://codiagnostics.com/ Co-Diagnostics is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Co-Diagnostics stock

Cash Return on Invested Capital (CROIC) of Co-Diagnostics is -136.46 % in 2025.

Cash Return on Invested Capital (CROIC) of Co-Diagnostics changed from -52.96 % to -136.46 %, representing a 157.66% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Cash Return on Invested Capital (CROIC) Co-Diagnostics since 2006 – with annual values, charts, and detailed analysis.

CROIC measures the cash return generated on invested capital. Unlike ROIC, it uses free cash flow instead of accounting earnings, providing a purer profitability measure.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Cash Return on Invested Capital (CROIC)'s Co-Diagnostics with sector peers and the industry average to assess whether it is attractive.

To evaluate Cash Return on Invested Capital (CROIC)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Cash Return on Invested Capital (CROIC).

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Profitability — Co-Diagnostics

All Key Metrics — Co-Diagnostics