HNGE (Hinge Health) ROCE %: 36.83% (As of Mar. 2026)


HNGE Hinge Health Inc HNGE
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What is Hinge Health ROCE %?

Hinge Health HNGE +5.10% 12 ROCE % is 36.83% as of Mar. 2026. GuruFocus rates HNGE with a GF Score™ of 12/100. The stock has 6 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Hinge Health's annualized ROCE % for the quarter that ended in Mar. 2026 was 36.83%.

Hinge Health  (NYSE:HNGE) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Hinge Health ROCE % Related Terms

Hinge Health ROCE % Historical Data

* Premium members only.

The historical data trend for Hinge Health's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hinge Health ROCE % Chart

Hinge Health Annual Data
Trend Dec23 Dec24 Dec25
ROCE %
-29.77 -7.40 -135.52

Hinge Health Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.09 -563.33 -6.15 27.42 36.83
HNGE
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Hinge Health Inc HNGE
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Hinge Health ROCE % Calculation

Hinge Health's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-546.371/( ( (673.259 - 249.299) + (744.761 - 362.409) )/ 2 )
=-546.371/( (423.96+382.352)/ 2 )
=-546.371/403.156
=-135.52 %

Hinge Health's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=128.276/( ( (744.761 - 362.409) + (728.771 - 414.476) )/ 2 )
=128.276/( ( 382.352 + 314.295 )/ 2 )
=128.276/348.3235
=36.83 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 36.83% mean?
Hinge Health (HNGE) has a ROCE % of 36.83% as of Mar. 2026.
Is Hinge Health's ROCE % too high?
Hinge Health's current ROCE % is 36.83%. The Healthcare Providers & Services industry median ROCE % is 6.43. Hinge Health's value of 36.83% is 472.8% above this industry median. Overall, Hinge Health has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Hinge Health's ROCE % compare to HQY and TXG?
Hinge Health's ROCE % of 36.83% can be compared against companies in the Healthcare Providers & Services industry. The industry median ROCE % is 6.43. Hinge Health's value of 36.83% is 472.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Healthcare Providers & Services company?
The median ROCE % among Healthcare Providers & Services companies is 6.43, based on 645 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hinge Health's current ROCE % of 36.83% is 472.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Healthcare Providers & Services industry, the median ROCE % is 6.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hinge Health's current ROCE % is 36.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hinge Health stock overvalued right now?
Hinge Health (HNGE) has a current ROCE % of 36.83%. The current ROCE % is 36.83% and 472.8% above the Healthcare Providers & Services industry median of 6.43. Hinge Health's overall GF Score™ is 12/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Hinge Health (HNGE), the current ROCE % is 36.83% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hinge Health Business Description

Address 455 Market Street, Suite 700, San Francisco, CA, USA, 94105
Hinge Health Inc is a technology platform for individuals seeking to treat and prevent joint and muscle pain. Through a combination of AI-powered motion tracking technology, the Company's platform helps members address chronic musculoskeletal (MSK) conditions, enables improved member outcomes and supports cost reductions for its clients.
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