Bausch Health Companies (BHC) Return on Capital Employed [ROCE] (2010 - 2026)
Bausch Health Companies' Return on Capital Employed [ROCE] was 4.39% in Q2 2026, down 2.91 percentage points from 7.30% a year earlier but up 1.58 percentage points from the prior quarter.
Bausch Health Companies (BHC) Return on Capital Employed [ROCE] (2010 - 2026) Analysis & Trends
For FY2025, Return on Capital Employed [ROCE] at Bausch Health Companies came in at 8.14%, up 0.48 percentage points from FY2024.
- Return on Capital Employed [ROCE] has now increased for four consecutive years, with a five-year change of +5.70 percentage points (FY2020 to FY2025).
- In earlier years, Return on Capital Employed [ROCE] was 7.66% in FY2024 (+3.32 pp), 4.33% in FY2023 (+2.40 pp), 1.93% in FY2022 (+0.13 pp) and 1.80% in FY2021 (-0.65 pp).
- Quarterly Return on Capital Employed [ROCE] has moved between 0.32% (Q3 2021) and 8.53% (Q3 2025) over five years.
- Compared with a year earlier, Return on Capital Employed [ROCE] was higher in six of the last eight quarters, with an average year-over-year change of +1.07 percentage points.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was Q2 2022 (a gain of 6.02 percentage points); the worst was Q1 2026 (a drop of 4.13 percentage points).
- Per Business Quant data, BHC's Return on Capital Employed [ROCE] in the three quarters before Q2 2026 was 2.81% (Q1 2026), 8.09% (Q4 2025) and 8.53% (Q3 2025).
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 | Bausch Health Companies | 2.17 Bn | -2.60 Bn | 2.08 Bn | 4.39% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.39% |
| Mar 31, 2026 | 2.81% |
| Dec 31, 2025 | 8.09% |
| Sep 30, 2025 | 8.53% |
| Jun 30, 2025 | 7.30% |
| Mar 31, 2025 | 6.94% |
| Dec 31, 2024 | 7.82% |
| Sep 30, 2024 | 6.13% |
| Jun 30, 2024 | 4.68% |
| Mar 31, 2024 | 4.70% |
| Dec 31, 2023 | 4.20% |
| Sep 30, 2023 | 1.65% |
| Jun 30, 2023 | 2.77% |
| Mar 31, 2023 | 1.59% |
| Dec 31, 2022 | 2.06% |
| Sep 30, 2022 | 4.52% |
| Jun 30, 2022 | 5.87% |
| Mar 31, 2022 | 3.92% |
| Dec 31, 2021 | 1.87% |
| Sep 30, 2021 | 0.32% |
Bausch Health Companies 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=BHC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "BHC", "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=BHC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();