As of Q4'25, HIMS reported an Operating ROA of 0.96%, with ROE at 3.81% and ROIC at 0.33%. This marks a positive return across all three metrics at the latest data point, following a period of negative or near-zero values in early 2023. From Q1'23 to Q4'25, the chart reveals a significant turnaround in profitability metrics. All three indicators—ROA, ROE, and ROIC—were negative throughout 2023 but shifted into positive territory starting in Q4'23. The most notable spike occurred in Q3'24, where ROA and ROE peaked at 12.55% and 17.18%, respectively, before moderating in subsequent quarters. Overall, the trend demonstrates a strong recovery and improved operational efficiency over the observed period.