Astrazeneca (AZN) Return on Invested Capital [ROIC] (2009 - 2026)
Astrazeneca (AZN) posted Return on Invested Capital [ROIC] of 28.83% for Q2 2026, up 4.16 percentage points from 24.67% a year earlier but down 0.46 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 30.05%, up 4.67 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has increased for four consecutive years, though with a five-year change of -5.23 percentage points (FY2020 to FY2025).
- In prior years, Astrazeneca's Return on Invested Capital [ROIC] was 25.38% in FY2024 (+3.50 pp), 21.87% in FY2023 (+15.05 pp), 6.83% in FY2022 (+2.89 pp) and 3.93% in FY2021 (-31.35 pp).
- Quarterly Return on Invested Capital [ROIC] has run from a low of -1.54% in Q2 2022 to a high of 29.28% in Q1 2026 over five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased in each of the last seven quarters, with an average year-over-year change of +2.40 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 22.70 percentage points; the weakest was Q1 2022, with a drop of 40.44 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 29.28% (Q1 2026), 28.51% (Q4 2025) and 26.52% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,076.25 Bn | 1,044.84 Bn | 19.71 Bn | 37.16% |
| 2 | Johnson & Johnson | 617.18 Bn | 535.70 Bn | 17.26 Bn | 16.10% |
| 3 | AbbVie | 464.58 Bn | 437.73 Bn | 12.70 Bn | 18.68% |
| 4 | Merck | 356.04 Bn | 310.47 Bn | 12.21 Bn | 3.56% |
| 5 | Novartis Ag | 269.07 Bn | 224.94 Bn | 11.24 Bn | 21.95% |
| 6 | Astrazeneca | 243.21 Bn | 216.77 Bn | 12.86 Bn | 28.83% |
| 7 | Amgen | 217.88 Bn | 173.28 Bn | 7.24 Bn | 14.33% |
| 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 | 13.44% |
| 10 | Vertex Pharmaceuticals | 127.87 Bn | 99.88 Bn | 2.84 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.83% |
| Mar 31, 2026 | 29.28% |
| Dec 31, 2025 | 28.51% |
| Sep 30, 2025 | 26.52% |
| Jun 30, 2025 | 24.67% |
| Mar 31, 2025 | 26.08% |
| Dec 31, 2024 | 24.90% |
| Sep 30, 2024 | 23.16% |
| Jun 30, 2024 | 23.70% |
| Mar 31, 2024 | 23.25% |
| Dec 31, 2023 | 23.50% |
| Sep 30, 2023 | 23.50% |
| Jun 30, 2023 | 19.92% |
| Mar 31, 2023 | 13.38% |
| Dec 31, 2022 | 7.28% |
| Sep 30, 2022 | 0.80% |
| Jun 30, 2022 | -1.54% |
| Mar 31, 2022 | 0.11% |
| Dec 31, 2021 | 2.71% |
| Sep 30, 2021 | 10.32% |
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();