Evolus (EOLS) Return on Invested Capital [ROIC] (2018 - 2026)
Evolus' Return on Invested Capital [ROIC] was -12.74% in Q3 2026, up 19.41 percentage points from -32.15% a year earlier and up 1.99 percentage points from the prior quarter.
Evolus (EOLS) Return on Invested Capital [ROIC] (2018 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Evolus came in at -26.13%, up 4.23 percentage points from FY2024.
- Return on Invested Capital [ROIC] has now increased for three consecutive years, with a five-year change of +150.36 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was -30.36% in FY2024 (+21.45 pp), -51.81% in FY2023 (+1.85 pp), -53.66% in FY2022 (-2.50 pp) and -51.16% in FY2021 (+125.33 pp).
- The Q3 2026 figure marks the highest quarterly Return on Invested Capital [ROIC] since Q1 2018.
- Compared with a year earlier, Return on Invested Capital [ROIC] has increased for three straight quarters, with an average year-over-year change of +9.86 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q1 2022 (a gain of 357.32 percentage points); the worst was Q4 2022 (a drop of 35.46 percentage points).
- Per Business Quant data, EOLS's Return on Invested Capital [ROIC] in the three quarters before Q3 2026 was -14.73% (Q2 2026), -19.42% (Q1 2026) and -27.22% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | 30.89% |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | 17.57% |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | 24.28% |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 2.52% |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | - |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | 23.11% |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | 15.60% |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | -6.11% |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 12.34% |
| 10 | Evolus | 450.43 Mn | 259.94 Mn | 50.69 Mn | -12.74% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -12.74% |
| Jun 30, 2026 | -14.73% |
| Mar 31, 2026 | -19.42% |
| Dec 31, 2025 | -27.22% |
| Sep 30, 2025 | -32.15% |
| Jun 30, 2025 | -35.67% |
| Mar 31, 2025 | -33.57% |
| Dec 31, 2024 | -27.08% |
| Sep 30, 2024 | -30.47% |
| Jun 30, 2024 | -27.71% |
| Mar 31, 2024 | -38.63% |
| Dec 31, 2023 | -56.14% |
| Sep 30, 2023 | -62.64% |
| Jun 30, 2023 | -66.75% |
| Mar 31, 2023 | -73.12% |
| Dec 31, 2022 | -68.30% |
| Sep 30, 2022 | -66.31% |
| Jun 30, 2022 | -57.53% |
| Mar 31, 2022 | -46.54% |
| Dec 31, 2021 | -32.84% |
Evolus 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=EOLS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "EOLS", "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=EOLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();