Bausch Health Companies (BHC) Return on Invested Capital [ROIC] (2010 - 2026)
Bausch Health Companies' Return on Invested Capital [ROIC] came in at 4.57% for Q2 2026, up 3.31 percentage points from 1.26% a year earlier and up 1.63 percentage points from the prior quarter.
Bausch Health Companies (BHC) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2025, Bausch Health Companies' Return on Invested Capital [ROIC] was 2.92%, up 2.92 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a five-year change of +1.35 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 0.00% in FY2024 (-4.44 pp), 4.44% in FY2023 (+2.36 pp), 2.08% in FY2022 (+0.33 pp) and 1.75% in FY2021 (+0.18 pp).
- The five-year range for quarterly Return on Invested Capital [ROIC] is 0.00% (Q2 2023) to 6.32% (Q3 2024).
- Year-over-year, Return on Invested Capital [ROIC] has increased for three consecutive quarters, with an average year-over-year change of +0.03 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q2 2022 (a gain of 6.28 percentage points), and the weakest in Q2 2023 (a drop of 6.15 percentage points).
- Business Quant data shows BHC's Return on Invested Capital [ROIC] at 2.94% (Q1 2026), 2.91% (Q4 2025) and 5.53% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,261.99 Bn | 1,235.61 Bn | 20.46 Bn | 38.16% |
| 2 | Johnson & Johnson | 678.93 Bn | 598.79 Bn | 17.30 Bn | 17.57% |
| 3 | AbbVie | 518.29 Bn | 486.30 Bn | 13.12 Bn | 24.28% |
| 4 | Merck | 365.98 Bn | 328.92 Bn | 13.19 Bn | 2.88% |
| 5 | Novartis Ag | 316.85 Bn | 290.09 Bn | - | - |
| 6 | Astrazeneca | 293.40 Bn | 267.29 Bn | 13.26 Bn | 24.11% |
| 7 | Amgen | 251.78 Bn | 203.43 Bn | 7.58 Bn | 15.60% |
| 8 | Gilead Sciences | 210.61 Bn | 185.71 Bn | 6.73 Bn | -6.11% |
| 9 | Pfizer | 166.87 Bn | 114.23 Bn | 12.56 Bn | 12.34% |
| 10 | Bausch Health Companies | 3.16 Bn | -3.76 Bn | 2.21 Bn | 6.35% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.35% |
| Jun 30, 2026 | 4.46% |
| Mar 31, 2026 | 2.94% |
| Dec 31, 2025 | 2.85% |
| Sep 30, 2025 | 5.41% |
| Jun 30, 2025 | 1.26% |
| Mar 31, 2025 | 0.00% |
| Dec 31, 2024 | 0.00% |
| Sep 30, 2024 | 6.32% |
| Jun 30, 2024 | 4.83% |
| Mar 31, 2024 | 4.84% |
| Dec 31, 2023 | 4.33% |
| Sep 30, 2023 | 1.70% |
| Jun 30, 2023 | 0.00% |
| Mar 31, 2023 | 1.64% |
| Dec 31, 2022 | 2.13% |
| Sep 30, 2022 | 4.84% |
| Jun 30, 2022 | 6.15% |
| Mar 31, 2022 | 3.22% |
| Dec 31, 2021 | 1.84% |
Bausch Health Companies 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=BHC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=BHC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();