Annexon (ANNX) Return on Capital Employed (2020 - 2026)

Annexon's (ANNX) quarterly Return on Capital Employed came in at 87.52% in Q1 2026, down 2510.0% year-on-year from 3.63% in Q1 2025, and up 14.78% quarter-over-quarter from 102.7% in Q4 2025.

Annexon (ANNX) Return on Capital Employed (2020 - 2026) Analysis & Trends

Annexon's Return on Capital Employed history runs 7 years deep, the most recent figure standing at 87.52% for Q1 2026.

  • On a quarterly basis, Return on Capital Employed fell 2510.0% year-over-year to 87.52% in Q1 2026; TTM through Mar 2026 was 87.52%, a 2510.0% decrease from a year earlier, with the FY2025 full-year figure at 79.8%, down 2728.0% from the prior year.
  • Return on Capital Employed advanced to 87.52% in Q1 2026 per ANNX's latest filing, from 102.7% in the prior quarter.
  • Across five years, Return on Capital Employed topped out at 35.34% in Q3 2024 and bottomed at 107.55% in Q3 2025.
  • The 5-year median for Return on Capital Employed is 61.73% (2023), against an average of 64.94%.
  • Across the five-year window, Return on Capital Employed jumped 3940 bps in 2024 and plunged 7221 bps in 2025, its largest moves.
  • Year by year, Return on Capital Employed stood at 52.65% in 2022, then retreated by 17 bps to 61.73% in 2023, then grew by 25 bps to 46.14% in 2024, then tumbled by 123 bps to 102.7% in 2025, then rose by 15 bps to 87.52% in 2026.
  • Per Business Quant, the three latest ANNX Return on Capital Employed figures stand at 87.52% (Q1 2026), 102.7% (Q4 2025), and 107.55% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -31.80%
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - -107.40%
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 10.46%
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 21.10%
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 10.19%
7 Belite Bio 61.40 Bn 61.40 Bn - -
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn -
9 Revolution Medicines 37.37 Bn 37.37 Bn - -68.84%
10 Annexon 1.02 Bn 798.41 Mn - -87.52%

Historic Data

Download Data
DateValue
Mar 31, 2026 -87.52%
Dec 31, 2025 -102.70%
Sep 30, 2025 -107.55%
Jun 30, 2025 -82.68%
Mar 31, 2025 -62.42%
Dec 31, 2024 -46.14%
Sep 30, 2024 -35.34%
Jun 30, 2024 -37.56%
Mar 31, 2024 -45.55%
Dec 31, 2023 -61.73%
Sep 30, 2023 -74.74%
Jun 30, 2023 -65.10%
Mar 31, 2023 -59.61%
Dec 31, 2022 -52.65%
Sep 30, 2022 -59.38%
Jun 30, 2022 -67.77%
Mar 31, 2022 -55.59%
Dec 31, 2021 -47.21%
Sep 30, 2021 -37.68%
Jun 30, 2021 -29.91%