American Well (AMWL) Return on Capital Employed [ROCE] (2020 - 2026)
American Well's Return on Capital Employed [ROCE] came in at -34.62% for Q2 2026, up 9.95 percentage points from -44.57% a year earlier and up 3.66 percentage points from the prior quarter.
American Well (AMWL) Return on Capital Employed [ROCE] (2020 - 2026) Analysis & Trends
For FY2025, American Well's Return on Capital Employed [ROCE] was -34.33%, up 19.84 percentage points from FY2024.
- Return on Capital Employed [ROCE] carries a five-year change of -6.50 percentage points (FY2020 to FY2025).
- Going back by year, Return on Capital Employed [ROCE] was -54.17% in FY2024 (+31.30 pp), -85.47% in FY2023 (-62.81 pp), -22.65% in FY2022 (-8.54 pp) and -14.11% in FY2021 (+13.72 pp).
- The Q2 2026 figure represents the highest quarterly Return on Capital Employed [ROCE] since Q4 2022.
- Year-over-year, Return on Capital Employed [ROCE] has increased for nine consecutive quarters, with an average year-over-year change of +31.82 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Capital Employed [ROCE] over five years came in Q4 2024 (a gain of 71.00 percentage points), and the weakest in Q4 2023 (a drop of 108.64 percentage points).
- Business Quant data shows AMWL's Return on Capital Employed [ROCE] at -38.28% (Q1 2026), -39.22% (Q4 2025) and -42.73% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 44.24 Bn | 16.49 Bn | 695.95 Mn | 13.55% |
| 3 | Samsara | 24.06 Bn | 20.83 Bn | 392.58 Mn | 1.12% |
| 4 | Toast | 17.18 Bn | 9.85 Bn | 516.00 Mn | 21.19% |
| 5 | Ptc | 15.95 Bn | 14.76 Bn | 490.47 Mn | 21.53% |
| 6 | Duolingo | 13.49 Bn | 8.67 Bn | 216.74 Mn | 10.56% |
| 7 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 8.74% |
| 8 | Manhattan Associates | 11.90 Bn | 10.90 Bn | 168.33 Mn | 112.05% |
| 9 | Costar | 11.09 Bn | 5.06 Bn | 728.00 Mn | 0.82% |
| 10 | American Well | 210.04 Mn | -535.24 Mn | 27.56 Mn | -34.62% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -34.62% |
| 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% |
American Well Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=AMWL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "AMWL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=AMWL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();