Arcutis Biotherapeutics (ARQT) Invested Capital (2020 - 2026)
Arcutis Biotherapeutics' Invested Capital came in at $329.48 million for Q2 2026, up 33.4% from $247.02 million a year earlier and up 10.2% from the prior quarter.
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Analysis
Arcutis Biotherapeutics (ARQT) Invested Capital (2020 - 2026) Analysis & Trends
For FY2025, Arcutis Biotherapeutics' Invested Capital was $298.44 million, up 12.7% from FY2024.
- Invested Capital carries a five-year compound annual growth rate of 2.0% (FY2020 to FY2025).
- Going back by year, Invested Capital was $264.74 million in FY2024 (-8.9%), $290.47 million in FY2023 (-28.7%), $407.35 million in FY2022 (+10.1%) and $370.03 million in FY2021 (+36.7%).
- The Q2 2026 figure represents the highest quarterly Invested Capital since Q3 2024.
- Year-over-year, Invested Capital has increased for three consecutive quarters, with an average decline of 0.2% over the last eight quarters.
- The fastest year-over-year change in Invested Capital over five years came in Q3 2024 (growth of 46.0%), and the weakest in Q3 2023 (a decline of 47.1%).
- Business Quant data shows ARQT's Invested Capital at $299.07 million (Q1 2026), $298.44 million (Q4 2025) and $266.57 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 134.01 Bn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 64.89 Bn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | 95.89 Bn |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | 79.44 Bn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | 50.26 Bn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 68.99 Bn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | 38.08 Bn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | 148.69 Bn |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | - |
| 10 | Arcutis Biotherapeutics | 3.32 Bn | 2.60 Bn | 118.92 Mn | 329.48 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 329.48 Mn |
| Mar 31, 2026 | 299.07 Mn |
| Dec 31, 2025 | 298.44 Mn |
| Sep 30, 2025 | 266.57 Mn |
| Jun 30, 2025 | 247.02 Mn |
| Mar 31, 2025 | 250.28 Mn |
| Dec 31, 2024 | 264.74 Mn |
| Sep 30, 2024 | 361.25 Mn |
| Jun 30, 2024 | 390.24 Mn |
| Mar 31, 2024 | 427.75 Mn |
| Dec 31, 2023 | 290.47 Mn |
| Sep 30, 2023 | 247.50 Mn |
| Jun 30, 2023 | 280.28 Mn |
| Mar 31, 2023 | 338.50 Mn |
| Dec 31, 2022 | 407.35 Mn |
| Sep 30, 2022 | 467.53 Mn |
| Jun 30, 2022 | 268.52 Mn |
| Mar 31, 2022 | 326.51 Mn |
| Dec 31, 2021 | 370.03 Mn |
| Dec 31, 2020 | 270.62 Mn |
API Access
Arcutis Biotherapeutics Invested Capital 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=invested-capital&ticker=ARQT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "ARQT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=ARQT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();