Astrazeneca (AZN) Return on Capital Employed [ROCE] (2009 - 2026)
Astrazeneca (AZN) reported Return on Capital Employed [ROCE] of 9.54% for Q2 2026, up 1.61 percentage points from 7.93% a year earlier but down 0.23 percentage points from the prior quarter.
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Analysis
Astrazeneca (AZN) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Astrazeneca posted Return on Capital Employed [ROCE] of 9.84%, up 2.17 percentage points from FY2024.
- Return on Capital Employed [ROCE] has increased for four consecutive years, with a five-year change of +3.72 percentage points (FY2020 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at 7.67% in FY2024 (+1.33 pp), 6.33% in FY2023 (+3.38 pp), 2.95% in FY2022 (+1.98 pp) and 0.97% in FY2021 (-5.15 pp).
- Five-year quarterly Return on Capital Employed [ROCE] spans a low of -0.46% in Q2 2022 and a high of 9.76% in Q1 2026.
- Year over year, Return on Capital Employed [ROCE] has now increased in each of the last 15 quarters, with an average year-over-year change of +1.39 percentage points over the last eight quarters.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q2 2023 (a gain of 6.43 percentage points); the low point was Q2 2022 (a drop of 6.66 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 9.76% (Q1 2026), 9.49% (Q4 2025) and 8.68% (Q3 2025).
Peer Set
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 | Vertex Pharmaceuticals | 127.87 Bn | 99.88 Bn | 2.84 Bn | 20.76% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.54% |
| Mar 31, 2026 | 9.76% |
| Dec 31, 2025 | 9.49% |
| Sep 30, 2025 | 8.68% |
| Jun 30, 2025 | 7.93% |
| Mar 31, 2025 | 7.87% |
| Dec 31, 2024 | 7.56% |
| Sep 30, 2024 | 7.05% |
| Jun 30, 2024 | 6.86% |
| Mar 31, 2024 | 6.71% |
| Dec 31, 2023 | 6.34% |
| Sep 30, 2023 | 6.45% |
| Jun 30, 2023 | 5.97% |
| Mar 31, 2023 | 4.47% |
| Dec 31, 2022 | 3.09% |
| Sep 30, 2022 | 1.97% |
| Jun 30, 2022 | -0.46% |
| Mar 31, 2022 | 0.03% |
| Dec 31, 2021 | 0.82% |
| Sep 30, 2021 | 2.49% |
API Access
Astrazeneca 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=AZN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "AZN", "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=AZN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();