HCW Biologics (HCWB) Return on Assets [ROA] (2021 - 2026)
HCW Biologics' Return on Assets [ROA] was -36.37% in Q2 2026, up 5.12 percentage points from -41.49% a year earlier but down 11.12 percentage points from the prior quarter.
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Analysis
HCW Biologics (HCWB) Return on Assets [ROA] (2021 - 2026) Analysis & Trends
For FY2025, Return on Assets [ROA] at HCW Biologics came in at -51.16%, up 51.34 percentage points from FY2024.
- Return on Assets [ROA] shows a four-year change of -13.83 percentage points (FY2021 to FY2025).
- In earlier years, Return on Assets [ROA] was -102.50% in FY2024 (-33.47 pp), -69.04% in FY2023 (-38.72 pp), -30.31% in FY2022 (+7.02 pp) and -37.33% in FY2021.
- Quarterly Return on Assets [ROA] has moved between -140.40% (Q3 2024) and -21.97% (Q3 2021) over five years.
- Compared with a year earlier, Return on Assets [ROA] has increased for six straight quarters, with an average year-over-year change of +27.08 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Assets [ROA] over five years was Q3 2025 (a gain of 100.09 percentage points); the worst was Q2 2024 (a drop of 87.68 percentage points).
- Per Business Quant data, HCWB's Return on Assets [ROA] in the three quarters before Q2 2026 was -25.25% (Q1 2026), -48.92% (Q4 2025) and -40.31% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,359.75 Bn | 1,333.37 Bn | 20.46 Bn | 19.00% |
| 2 | Johnson & Johnson | 688.76 Bn | 608.62 Bn | 17.30 Bn | 8.08% |
| 3 | AbbVie | 521.69 Bn | 489.75 Bn | 13.12 Bn | 7.32% |
| 4 | Merck | 364.31 Bn | 327.31 Bn | 13.19 Bn | 1.87% |
| 5 | Novartis Ag | 306.35 Bn | 279.93 Bn | - | - |
| 6 | Astrazeneca | 285.96 Bn | 259.56 Bn | 13.26 Bn | 9.36% |
| 7 | Amgen | 251.88 Bn | 203.53 Bn | 7.58 Bn | 9.80% |
| 8 | Gilead Sciences | 208.59 Bn | 183.61 Bn | 6.73 Bn | -7.67% |
| 9 | Pfizer | 164.73 Bn | 112.38 Bn | 12.56 Bn | 2.00% |
| 10 | HCW Biologics | 1.02 Mn | -4.00 Mn | -93,887.00 | -36.37% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -36.37% |
| Mar 31, 2026 | -25.25% |
| Dec 31, 2025 | -48.92% |
| Sep 30, 2025 | -40.31% |
| Jun 30, 2025 | -41.49% |
| Mar 31, 2025 | -87.81% |
| Dec 31, 2024 | -106.04% |
| Sep 30, 2024 | -140.40% |
| Jun 30, 2024 | -135.30% |
| Mar 31, 2024 | -95.15% |
| Dec 31, 2023 | -81.09% |
| Sep 30, 2023 | -55.91% |
| Jun 30, 2023 | -47.62% |
| Mar 31, 2023 | -41.34% |
| Dec 31, 2022 | -31.12% |
| Sep 30, 2022 | -25.69% |
| Jun 30, 2022 | -26.10% |
| Mar 31, 2022 | -23.12% |
| Dec 31, 2021 | -23.40% |
| Sep 30, 2021 | -21.97% |
API Access
HCW Biologics Return on Assets [ROA] 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-assets-%5Broa%5D&ticker=HCWB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "ticker": "HCWB", "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-assets-%5Broa%5D&ticker=HCWB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();