The latest data point for HIMS's Operating ROA metrics in Q4'25 shows ROE at 3.81%, ROA at 0.96%, and ROIC at 0.72%, indicating a modest positive performance across all indicators following a dip in the prior quarter. This reflects ongoing profitability improvements, with ROE leading the trio in strength. From Q1'23 to Q4'25, all metrics transitioned from negative territory (e.g., ROA at -2.68% in Q1'23) to positive, with a sharp inflection in Q3'24 where ROA peaked at 12.55%, ROE at 17.18%, and ROIC at 15.88%, signaling accelerated efficiency gains. Post-peak, values moderated but remained above zero, highlighting a volatile yet upward overall trend in asset utilization and returns, though ROIC shows no data for Q2'25.