Emergent BioSolutions (EBS) Invested Capital (2010 - 2026)
Emergent BioSolutions (EBS) recorded Invested Capital of $923.2 million in Q2 2026, down 23.3% from $1.2 billion a year earlier and down 15.8% from the prior quarter.
Emergent BioSolutions (EBS) Invested Capital (2010 - 2026) Analysis & Trends
For FY2025, Emergent BioSolutions reported Invested Capital of $1.09 billion, down 4.5% from FY2024.
- Annual Invested Capital has declined for three straight years, with a five-year compound annual growth rate of -14.0% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $1.15 billion in FY2024 (-24.0%), $1.51 billion in FY2023 (-46.0%), $2.79 billion in FY2022 (+13.9%) and $2.45 billion in FY2021 (+5.5%).
- The Q2 2026 figure is the lowest quarterly Invested Capital since Q1 2018.
- On a year-over-year basis, Invested Capital has declined for three consecutive quarters, with an average decline of 13.3% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 13.9% in Q4 2022, against a decline of 46.0% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.1 billion (Q1 2026), $1.09 billion (Q4 2025) and $1.25 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,154.54 Bn | 1,123.13 Bn | 19.71 Bn | 88.79 Bn |
| 2 | Johnson & Johnson | 623.94 Bn | 542.46 Bn | 17.26 Bn | 134.01 Bn |
| 3 | AbbVie | 511.93 Bn | 485.04 Bn | 12.70 Bn | 64.89 Bn |
| 4 | Merck | 365.40 Bn | 319.78 Bn | 12.21 Bn | 95.89 Bn |
| 5 | Novartis Ag | 297.27 Bn | 261.26 Bn | 11.24 Bn | 51.53 Bn |
| 6 | Astrazeneca | 261.30 Bn | 234.99 Bn | 12.86 Bn | 82.72 Bn |
| 7 | Amgen | 234.77 Bn | 190.17 Bn | 7.24 Bn | 68.99 Bn |
| 8 | Gilead Sciences | 192.76 Bn | 166.96 Bn | 6.22 Bn | 38.08 Bn |
| 9 | Pfizer | 171.68 Bn | 118.33 Bn | 10.94 Bn | 148.69 Bn |
| 10 | Emergent BioSolutions | 319.66 Mn | -431.24 Mn | 137.20 Mn | 923.20 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 923.20 Mn |
| Mar 31, 2026 | 1.10 Bn |
| Dec 31, 2025 | 1.09 Bn |
| Sep 30, 2025 | 1.25 Bn |
| Jun 30, 2025 | 1.20 Bn |
| Mar 31, 2025 | 1.22 Bn |
| Dec 31, 2024 | 1.15 Bn |
| Sep 30, 2024 | 1.17 Bn |
| Jun 30, 2024 | 1.25 Bn |
| Mar 31, 2024 | 1.57 Bn |
| Dec 31, 2023 | 1.51 Bn |
| Sep 30, 2023 | 1.56 Bn |
| Jun 30, 2023 | 1.86 Bn |
| Mar 31, 2023 | 2.60 Bn |
| Dec 31, 2022 | 2.79 Bn |
| Sep 30, 2022 | 2.49 Bn |
| Jun 30, 2022 | 2.33 Bn |
| Mar 31, 2022 | 2.40 Bn |
| Dec 31, 2021 | 2.45 Bn |
| Sep 30, 2021 | 2.37 Bn |
Emergent BioSolutions Invested Capital 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=invested-capital&ticker=EBS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "EBS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=EBS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();