Ardelyx (ARDX) Return on Capital Employed [ROCE] (2014 - 2026)
Ardelyx (ARDX) reported Return on Capital Employed [ROCE] of -8.69% for Q2 2026, up 2.63 percentage points from -11.32% a year earlier and up 0.82 percentage points from the prior quarter.
Ardelyx (ARDX) Return on Capital Employed [ROCE] (2014 - 2026) Analysis & Trends
For FY2025, Ardelyx posted Return on Capital Employed [ROCE] of -10.78%, down 1.10 percentage points from FY2024.
- Return on Capital Employed [ROCE] has a five-year change of +34.10 percentage points (FY2020 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at -9.68% in FY2024 (+23.04 pp), -32.71% in FY2023 (+28.37 pp), -61.08% in FY2022 (+64.49 pp) and -125.57% in FY2021 (-80.69 pp).
- The Q2 2026 figure ranks as the highest quarterly Return on Capital Employed [ROCE] since Q4 2024.
- Year over year, Return on Capital Employed [ROCE] gained in six of the last eight quarters, with an average year-over-year change of +5.47 percentage points.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q2 2023 (a gain of 126.38 percentage points); the low point was Q1 2022 (a drop of 101.99 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -9.51% (Q1 2026), -10.11% (Q4 2025) and -9.65% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,076.25 Bn | 1,044.84 Bn | 19.71 Bn | 46.74% |
| 2 | Johnson & Johnson | 617.18 Bn | 535.70 Bn | 17.26 Bn | 17.83% |
| 3 | AbbVie | 464.58 Bn | 437.73 Bn | 12.70 Bn | 17.92% |
| 4 | Merck | 356.04 Bn | 310.47 Bn | 12.21 Bn | 6.28% |
| 5 | Novartis Ag | 269.07 Bn | 224.94 Bn | 11.24 Bn | 19.32% |
| 6 | Astrazeneca | 243.21 Bn | 216.77 Bn | 12.86 Bn | 9.54% |
| 7 | Amgen | 217.88 Bn | 173.28 Bn | 7.24 Bn | 16.66% |
| 8 | Gilead Sciences | 179.62 Bn | 153.74 Bn | 6.22 Bn | -5.97% |
| 9 | Pfizer | 158.45 Bn | 105.40 Bn | 10.94 Bn | 11.86% |
| 10 | Ardelyx | 832.15 Mn | -195.15 Mn | 115.12 Mn | -8.69% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -8.69% |
| Mar 31, 2026 | -9.51% |
| Dec 31, 2025 | -10.11% |
| Sep 30, 2025 | -9.65% |
| Jun 30, 2025 | -11.32% |
| Mar 31, 2025 | -11.41% |
| Dec 31, 2024 | -8.63% |
| Sep 30, 2024 | -22.46% |
| Jun 30, 2024 | -21.00% |
| Mar 31, 2024 | -23.52% |
| Dec 31, 2023 | -26.03% |
| Sep 30, 2023 | -11.19% |
| Jun 30, 2023 | -34.39% |
| Mar 31, 2023 | -44.15% |
| Dec 31, 2022 | -62.65% |
| Sep 30, 2022 | -128.99% |
| Jun 30, 2022 | -160.78% |
| Mar 31, 2022 | -163.53% |
| Dec 31, 2021 | -143.50% |
| Sep 30, 2021 | -123.14% |
Ardelyx 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=ARDX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "ARDX", "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=ARDX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();