Arcutis Biotherapeutics (ARQT) Return on Invested Capital [ROIC] (2023 - 2026)
Arcutis Biotherapeutics' Return on Invested Capital [ROIC] came in at 10.60% for Q2 2026, up 45.12 percentage points from -34.52% a year earlier and up 9.52 percentage points from the prior quarter.
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Analysis
Arcutis Biotherapeutics (ARQT) Return on Invested Capital [ROIC] (2023 - 2026) Analysis & Trends
For FY2025, Arcutis Biotherapeutics' Return on Invested Capital [ROIC] was -4.34%, up 41.91 percentage points from FY2024.
- Going back by year, Return on Invested Capital [ROIC] was -46.25% in FY2024 (+22.85 pp) and -69.10% in FY2023.
- The Q2 2026 figure represents the highest quarterly Return on Invested Capital [ROIC] in data going back to Q3 2023.
- Year-over-year, Return on Invested Capital [ROIC] has increased for eight consecutive quarters, with an average year-over-year change of +34.36 percentage points over the last eight quarters.
- Over the past five years, the year-over-year gain in Return on Invested Capital [ROIC] ranged from 7.60 percentage points (Q1 2025) to 48.61 percentage points (Q4 2024).
- Business Quant data shows ARQT's Return on Invested Capital [ROIC] at 1.08% (Q1 2026), -4.33% (Q4 2025) and -14.89% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | 30.89% |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | 17.57% |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | 24.28% |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 2.52% |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | - |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | 23.11% |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | 15.60% |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | -6.11% |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 12.34% |
| 10 | Arcutis Biotherapeutics | 3.45 Bn | 2.51 Bn | 131.46 Mn | 9.99% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 9.99% |
| Jun 30, 2026 | 10.60% |
| Mar 31, 2026 | 1.08% |
| Dec 31, 2025 | -4.33% |
| Sep 30, 2025 | -14.89% |
| Jun 30, 2025 | -34.52% |
| Mar 31, 2025 | -47.11% |
| Dec 31, 2024 | -41.02% |
| Sep 30, 2024 | -48.42% |
| Jun 30, 2024 | -43.96% |
| Mar 31, 2024 | -54.71% |
| Dec 31, 2023 | -89.63% |
| Sep 30, 2023 | -94.11% |
API Access
Arcutis Biotherapeutics Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=ARQT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=ARQT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();