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

Codexis' (CDXS) quarterly Return on Capital Employed came in at 23.68% in Q1 2026, up 3318.0% year-on-year from 0.69% in Q1 2025, and up 37.28% quarter-over-quarter from 37.75% in Q4 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.

  • On a quarterly basis, Return on Capital Employed rose 3318.0% year-over-year to 23.68% in Q1 2026; TTM through Mar 2026 was 23.68%, a 3318.0% increase from a year earlier, with the FY2025 full-year figure at 33.91%, up 1521.0% from the prior year.
  • Return on Capital Employed climbed to 23.68% in Q1 2026 per CDXS's latest filing, from 37.75% in the prior quarter.
  • Across five years, Return on Capital Employed topped out at 9.78% in Q2 2022 and bottomed at 62.06% in Q4 2023.
  • The 5-year median for Return on Capital Employed is 46.83% (2024), against an average of 38.68%.
  • Across the five-year window, Return on Capital Employed sank 4406 bps in 2023 and surged 3318 bps in 2026, its largest moves.
  • Year by year, Return on Capital Employed stood at 18.0% in 2022, then sank 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.
  • Per Business Quant, the three latest CDXS Return on Capital Employed figures stand at 23.68% (Q1 2026), 37.75% (Q4 2025), and 52.95% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -31.80%
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 10.46%
4 NuCana 279.75 Bn 279.75 Bn - -68.47%
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 21.10%
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 10.19%
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn -
9 Revolution Medicines 37.78 Bn 37.78 Bn - -68.84%
10 Codexis 180.63 Mn 115.49 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%