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 three consecutive years, with a three-year change of -14.96 percentage points (FY2022 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 (-6.19 pp) and -11.46% in FY2022.
- Quarterly Return on Capital Employed [ROCE] has run from a low of -27.20% in Q4 2024 to a high of -5.33% 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 | 1,076.25 Bn | 1,044.84 Bn | 19.71 Bn | 46.74% |
| 2 | Johnson & Johnson | 617.18 Bn | 535.70 Bn | 17.26 Bn | 17.83% |
| 3 | AbbVie | 464.58 Bn | 437.73 Bn | 12.70 Bn | 17.92% |
| 4 | Merck | 356.04 Bn | 310.47 Bn | 12.21 Bn | 6.28% |
| 5 | Novartis Ag | 269.07 Bn | 224.94 Bn | 11.24 Bn | 19.32% |
| 6 | Astrazeneca | 243.21 Bn | 216.77 Bn | 12.86 Bn | 9.54% |
| 7 | Amgen | 217.88 Bn | 173.28 Bn | 7.24 Bn | 16.66% |
| 8 | Gilead Sciences | 179.62 Bn | 153.74 Bn | 6.22 Bn | -5.97% |
| 9 | Pfizer | 158.45 Bn | 105.40 Bn | 10.94 Bn | 11.86% |
| 10 | GH Research | 1.42 Bn | 262.62 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 | -7.94% |
| Dec 31, 2021 | -5.33% |
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();