Establishment Labs Holdings (ESTA) Return on Capital Employed [ROCE] (2018 - 2026)
Establishment Labs Holdings' Return on Capital Employed [ROCE] was -6.54% in Q2 2026, up 18.53 percentage points from -25.07% a year earlier and up 4.01 percentage points from the prior quarter.
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Analysis
Establishment Labs Holdings (ESTA) Return on Capital Employed [ROCE] (2018 - 2026) Analysis & Trends
For FY2025, Return on Capital Employed [ROCE] at Establishment Labs Holdings came in at -14.46%, up 6.42 percentage points from FY2024.
- Return on Capital Employed [ROCE] shows a five-year change of +10.79 percentage points (FY2020 to FY2025).
- In earlier years, Return on Capital Employed [ROCE] was -20.88% in FY2024 (+14.72 pp), -35.59% in FY2023 (-6.50 pp), -29.09% in FY2022 (-7.43 pp) and -21.66% in FY2021 (+3.59 pp).
- The Q2 2026 figure marks the highest quarterly Return on Capital Employed [ROCE] in data going back to Q3 2018.
- Compared with a year earlier, Return on Capital Employed [ROCE] has increased for four straight quarters, with an average year-over-year change of +6.88 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was Q2 2026 (a gain of 18.53 percentage points); the worst was Q2 2022 (a drop of 11.42 percentage points).
- Per Business Quant data, ESTA's Return on Capital Employed [ROCE] in the three quarters before Q2 2026 was -10.55% (Q1 2026), -14.67% (Q4 2025) and -20.49% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 242.18 Bn | 221.33 Bn | 4.88 Bn | 8.30% |
| 2 | Abbott Laboratories | 168.71 Bn | 139.79 Bn | 7.27 Bn | 7.98% |
| 3 | Danaher | 150.46 Bn | 134.27 Bn | 3.61 Bn | 6.42% |
| 4 | Intuitive Surgical | 138.71 Bn | 118.26 Bn | 1.96 Bn | 18.58% |
| 5 | Medtronic | 110.54 Bn | 76.41 Bn | 6.34 Bn | 8.34% |
| 6 | Stryker | 105.66 Bn | 91.78 Bn | 4.50 Bn | 13.69% |
| 7 | Boston Scientific | 61.74 Bn | 56.75 Bn | 3.85 Bn | 10.83% |
| 8 | Edwards Lifesciences | 49.09 Bn | 33.21 Bn | 1.35 Bn | 11.99% |
| 9 | Becton Dickinson | 48.16 Bn | 45.31 Bn | 2.32 Bn | 6.00% |
| 10 | Establishment Labs Holdings | 1.91 Bn | 1.62 Bn | 47.71 Mn | -6.54% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -6.54% |
| Mar 31, 2026 | -10.55% |
| Dec 31, 2025 | -14.67% |
| Sep 30, 2025 | -20.49% |
| Jun 30, 2025 | -25.07% |
| Mar 31, 2025 | -21.43% |
| Dec 31, 2024 | -20.28% |
| Sep 30, 2024 | -22.89% |
| Jun 30, 2024 | -24.38% |
| Mar 31, 2024 | -27.70% |
| Dec 31, 2023 | -30.61% |
| Sep 30, 2023 | -24.63% |
| Jun 30, 2023 | -22.32% |
| Mar 31, 2023 | -25.03% |
| Dec 31, 2022 | -24.72% |
| Sep 30, 2022 | -22.22% |
| Jun 30, 2022 | -25.29% |
| Mar 31, 2022 | -27.51% |
| Dec 31, 2021 | -22.44% |
| Sep 30, 2021 | -19.86% |
API Access
Establishment Labs Holdings Return on Capital Employed [ROCE] 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-capital-employed-%5Broce%5D&ticker=ESTA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "ESTA", "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-capital-employed-%5Broce%5D&ticker=ESTA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();