American Well (AMWL) Return on Capital Employed (2020 - 2026)

American Well's (AMWL) quarterly Return on Capital Employed came in at 38.28% in Q1 2026, up 1559.0% year-on-year from 2.31% in Q1 2025, and up 2.41% quarter-over-quarter from 39.22% in Q4 2025.

American Well (AMWL) Return on Capital Employed (2020 - 2026) Analysis & Trends

American Well's Return on Capital Employed history runs 7 years deep, the most recent figure standing at 38.28% for Q1 2026.

  • On a quarterly basis, Return on Capital Employed rose 1559.0% year-over-year to 38.28% in Q1 2026; TTM through Mar 2026 was 38.28%, a 1559.0% increase from a year earlier, with the FY2025 full-year figure at 34.33%, up 1984.0% from the prior year.
  • Return on Capital Employed improved to 38.28% in Q1 2026 per AMWL's latest filing, from 39.22% in the prior quarter.
  • Across five years, Return on Capital Employed topped out at 16.54% in Q1 2022 and bottomed at 133.48% in Q4 2023.
  • The 5-year median for Return on Capital Employed is 53.87% (2025), against an average of 58.32%.
  • Across the five-year window, Return on Capital Employed plunged 10864 bps in 2023 and soared 7100 bps in 2024, its largest moves.
  • Year by year, Return on Capital Employed stood at 24.84% in 2022, then slumped by 437 bps to 133.48% in 2023, then soared by 53 bps to 62.47% in 2024, then jumped by 37 bps to 39.22% in 2025, then increased by 2 bps to 38.28% in 2026.
  • Per Business Quant, the three latest AMWL Return on Capital Employed figures stand at 38.28% (Q1 2026), 39.22% (Q4 2025), and 42.73% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Veeva Systems 29.34 Bn 22.03 Bn 662.02 Mn 13.00%
2 BrightSpring Health Services 13.49 Bn 12.59 Bn 482.22 Mn 7.68%
3 Healthequity 7.96 Bn 7.70 Bn 256.31 Mn 10.67%
4 10x Genomics 6.17 Bn 5.63 Bn 106.18 Mn -4.23%
5 Hinge Health 6.02 Bn 5.70 Bn 154.23 Mn -163.65%
6 MiniMed 4.19 Bn 3.89 Bn 480.00 Mn -8.46%
7 Waystar Holding 4.14 Bn 4.07 Bn 216.84 Mn 4.73%
8 Doximity 3.82 Bn 3.08 Bn 125.97 Mn 21.81%
9 Privia Health 3.10 Bn 2.73 Bn - 4.60%
10 American Well 180.58 Mn 13.37 Mn 27.96 Mn -38.28%

Historic Data

Download Data
DateValue
Mar 31, 2026 -38.28%
Dec 31, 2025 -39.22%
Sep 30, 2025 -42.73%
Jun 30, 2025 -44.57%
Mar 31, 2025 -53.87%
Dec 31, 2024 -62.47%
Sep 30, 2024 -62.09%
Jun 30, 2024 -79.89%
Mar 31, 2024 -80.29%
Dec 31, 2023 -133.48%
Sep 30, 2023 -115.72%
Jun 30, 2023 -89.55%
Mar 31, 2023 -65.62%
Dec 31, 2022 -24.84%
Sep 30, 2022 -22.28%
Jun 30, 2022 -20.00%
Mar 31, 2022 -16.54%
Dec 31, 2021 -13.54%
Sep 30, 2021 -14.37%
Jun 30, 2021 -15.64%