Astrazeneca (AZN) Return on Invested Capital [ROIC] (2009 - 2026)
Astrazeneca (AZN) posted Return on Invested Capital [ROIC] of 24.11% for Q3 2026, up 0.79 percentage points from 23.32% a year earlier but down 0.81 percentage points from the prior quarter.
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Analysis
Astrazeneca (AZN) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Astrazeneca's Return on Invested Capital [ROIC] came in at 15.10%, up 3.44 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] shows a five-year change of +2.74 percentage points (FY2020 to FY2025).
- In prior years, Astrazeneca's Return on Invested Capital [ROIC] was 11.66% in FY2024 (-0.56 pp), 12.22% in FY2023 and 0.00% in FY2021 (-12.36 pp).
- Quarterly Return on Invested Capital [ROIC] has run from a low of -1.14% in Q2 2022 to a high of 26.41% in Q1 2026 over five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased in each of the last eight quarters, with an average year-over-year change of +3.55 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q3 2023, with a gain of 15.62 percentage points; the weakest was Q1 2022, with a drop of 24.81 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 24.91% (Q2 2026), 26.41% (Q1 2026) and 24.73% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,359.75 Bn | 1,333.37 Bn | 20.46 Bn | 30.89% |
| 2 | Johnson & Johnson | 688.76 Bn | 608.62 Bn | 17.30 Bn | 17.57% |
| 3 | AbbVie | 521.69 Bn | 489.75 Bn | 13.12 Bn | 24.28% |
| 4 | Merck | 364.31 Bn | 327.31 Bn | 13.19 Bn | 2.52% |
| 5 | Novartis Ag | 306.35 Bn | 279.93 Bn | - | - |
| 6 | Astrazeneca | 285.96 Bn | 259.56 Bn | 13.26 Bn | 23.11% |
| 7 | Amgen | 251.88 Bn | 203.53 Bn | 7.58 Bn | 15.60% |
| 8 | Gilead Sciences | 208.59 Bn | 183.61 Bn | 6.73 Bn | -6.11% |
| 9 | Pfizer | 164.73 Bn | 112.38 Bn | 12.56 Bn | 12.34% |
| 10 | Vertex Pharmaceuticals | 136.55 Bn | 104.28 Bn | 2.91 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 23.11% |
| Jun 30, 2026 | 23.26% |
| Mar 31, 2026 | 24.60% |
| Dec 31, 2025 | 24.73% |
| Sep 30, 2025 | 23.32% |
| Jun 30, 2025 | 19.80% |
| Mar 31, 2025 | 19.58% |
| Dec 31, 2024 | 18.15% |
| Sep 30, 2024 | 16.40% |
| Jun 30, 2024 | 17.48% |
| Mar 31, 2024 | 17.84% |
| Dec 31, 2023 | 16.50% |
| Sep 30, 2023 | 16.24% |
| Jun 30, 2023 | 13.14% |
| Mar 31, 2023 | 10.27% |
| Dec 31, 2022 | 6.06% |
| Sep 30, 2022 | 1.66% |
| Jun 30, 2022 | -1.11% |
| Mar 31, 2022 | 0.08% |
| Dec 31, 2021 | 2.01% |
API Access
Astrazeneca 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=AZN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=AZN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();