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| Date | Value |
|---|---|
| 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% |