GH Research (GHRS) Return on Capital Employed [ROCE] (2021 - 2026)
GH Research (GHRS) posted Return on Capital Employed [ROCE] of -22.99% for Q2 2026, down 5.72 percentage points from -17.27% a year earlier but up 1.73 percentage points from the prior quarter.
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Analysis
GH Research (GHRS) Return on Capital Employed [ROCE] (2021 - 2026) Analysis & Trends
For FY2025, GH Research's Return on Capital Employed [ROCE] came in at -26.41%, down 1.05 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has declined for four consecutive years, with a four-year change of -15.64 percentage points (FY2021 to FY2025).
- In prior years, GH Research's Return on Capital Employed [ROCE] was -25.37% in FY2024 (-7.72 pp), -17.64% in FY2023 (-6.01 pp), -11.64% in FY2022 (-0.86 pp) and -10.77% in FY2021.
- Quarterly Return on Capital Employed [ROCE] has run from a low of -27.20% in Q4 2024 to a high of -5.39% in Q4 2021 over five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] increased in three of the last eight quarters, with an average year-over-year change of -1.31 percentage points.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was Q4 2025, with a gain of 6.02 percentage points; the weakest was Q4 2024, with a drop of 8.69 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was -24.72% (Q1 2026), -21.17% (Q4 2025) and -19.15% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | 35.41% |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | 17.52% |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | 21.60% |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 4.65% |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | - |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | 9.91% |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | 17.37% |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | -6.15% |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 11.32% |
| 10 | GH Research | 1.21 Bn | 87.22 Mn | - | -22.99% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -22.99% |
| Mar 31, 2026 | -24.72% |
| Dec 31, 2025 | -21.17% |
| Sep 30, 2025 | -19.15% |
| Jun 30, 2025 | -17.27% |
| Mar 31, 2025 | -21.07% |
| Dec 31, 2024 | -27.20% |
| Sep 30, 2024 | -25.08% |
| Jun 30, 2024 | -22.31% |
| Mar 31, 2024 | -19.72% |
| Dec 31, 2023 | -18.51% |
| Sep 30, 2023 | -17.04% |
| Jun 30, 2023 | -15.17% |
| Mar 31, 2023 | -13.45% |
| Dec 31, 2022 | -12.09% |
| Sep 30, 2022 | -10.78% |
| Jun 30, 2022 | -9.76% |
| Mar 31, 2022 | -8.06% |
| Dec 31, 2021 | -5.39% |
| Sep 30, 2021 | -3.07% |
API Access
GH Research 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=GHRS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "GHRS", "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=GHRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();