Codexis (CDXS) Return on Capital Employed (2011 - 2026)

Codexis (CDXS) recorded quarterly Return on Capital Employed of 23.68% in Q1 2026, up 37.28% quarter-over-quarter from 37.75% in Q4 2025, and up 3318.0% on a YoY basis from 0.69% in Q1 2025.

Codexis (CDXS) Return on Capital Employed (2011 - 2026) Analysis & Trends

Codexis' Return on Capital Employed history runs 16 years deep, the most recent figure standing at 23.68% for Q1 2026.

  • In Q1 2026, Return on Capital Employed rose 3318.0% year-over-year to 23.68%; the TTM figure through Mar 2026 stood at 23.68% (up 3318.0% YoY), while the FY2025 annual figure was 33.91%, up 1521.0% from the prior year.
  • Return on Capital Employed was 23.68% for Q1 2026 at Codexis, up from 37.75% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 9.78% in Q2 2022 to a low of 62.06% in Q4 2023.
  • Historically, Return on Capital Employed has averaged 38.68% across 5 years, with a median of 46.83% in 2024.
  • The sharpest annual moves came in 2023 and 2026: Return on Capital Employed sank 4406 bps in 2023, then soared 3318 bps in 2026.
  • A 5-year view of Return on Capital Employed shows it stood at 18.0% in 2022, then tumbled by 245 bps to 62.06% in 2023, then gained by 25 bps to 46.83% in 2024, then climbed by 19 bps to 37.75% in 2025, then surged by 37 bps to 23.68% in 2026.
  • The last three Return on Capital Employed figures came in at 23.68% (Q1 2026), 37.75% (Q4 2025), and 52.95% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Alterity Therapeutics 719,706.53 Bn 719,706.50 Bn - -
2 Belite Bio 55,800.00 Bn 55,800.00 Bn - -
3 Quantum Biopharma 18,182.30 Bn 18,182.29 Bn - 450.31%
4 Legend Biotech 3,154.00 Bn 3,153.71 Bn 242.10 Mn 51.73%
5 Akari Therapeutics 1,844.30 Bn 1,844.29 Bn - -107.40%
6 Evaxion A 1,567.96 Bn 1,567.94 Bn - -
7 Psyence Biomedical 251.43 Bn 251.42 Bn - -
8 Vertex Pharmaceuticals 112.56 Bn 105.31 Bn 2.59 Bn 21.10%
9 Abivax 94.37 Bn 94.37 Bn - -50.43%
10 Codexis 236.00 Mn 170.86 Mn 13.18 Mn -23.68%

Historic Data

Download Data
DateValue
Mar 31, 2026 -23.68%
Dec 31, 2025 -37.75%
Sep 30, 2025 -52.95%
Jun 30, 2025 -48.38%
Mar 31, 2025 -56.85%
Dec 31, 2024 -46.83%
Sep 30, 2024 -48.49%
Jun 30, 2024 -60.23%
Mar 31, 2024 -49.39%
Dec 31, 2023 -62.06%
Sep 30, 2023 -57.39%
Jun 30, 2023 -34.06%
Mar 31, 2023 -25.60%
Dec 31, 2022 -18.00%
Sep 30, 2022 -15.75%
Jun 30, 2022 -9.78%
Mar 31, 2022 -10.38%
Dec 31, 2021 -11.15%
Sep 30, 2021 -8.71%
Jun 30, 2021 -12.56%