HCW Biologics (HCWB) Return on Capital Employed [ROCE] (2021 - 2026)
HCW Biologics (HCWB) reported Return on Capital Employed [ROCE] of -91.41% for Q2 2026, up 1540.43 percentage points from -1631.83% a year earlier and up 42.25 percentage points from the prior quarter.
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Analysis
HCW Biologics (HCWB) Return on Capital Employed [ROCE] (2021 - 2026) Analysis & Trends
For FY2025, HCW Biologics posted Return on Capital Employed [ROCE] of -208.41%.
- Return on Capital Employed [ROCE] has a four-year change of -166.81 percentage points (FY2021 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at -88.94% in FY2023 (-57.00 pp), -31.94% in FY2022 (+9.66 pp) and -41.60% in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Return on Capital Employed [ROCE] since Q3 2023.
- Year over year, Return on Capital Employed [ROCE] gained in two of the last four quarters, with an average year-over-year change of +165.07 percentage points.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q1 2026 (a gain of 2005.39 percentage points); the low point was Q1 2025 (a drop of 1965.61 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -133.66% (Q1 2026), -336.32% (Q4 2025) and -3739.81% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,359.75 Bn | 1,333.37 Bn | 20.46 Bn | 35.41% |
| 2 | Johnson & Johnson | 688.76 Bn | 608.62 Bn | 17.30 Bn | 17.52% |
| 3 | AbbVie | 521.69 Bn | 489.75 Bn | 13.12 Bn | 21.60% |
| 4 | Merck | 364.31 Bn | 327.31 Bn | 13.19 Bn | 4.65% |
| 5 | Novartis Ag | 306.35 Bn | 279.93 Bn | - | - |
| 6 | Astrazeneca | 285.96 Bn | 259.56 Bn | 13.26 Bn | 9.91% |
| 7 | Amgen | 251.88 Bn | 203.53 Bn | 7.58 Bn | 17.37% |
| 8 | Gilead Sciences | 208.59 Bn | 183.61 Bn | 6.73 Bn | -6.15% |
| 9 | Pfizer | 164.73 Bn | 112.38 Bn | 12.56 Bn | 11.32% |
| 10 | HCW Biologics | 1.02 Mn | -4.00 Mn | -93,887.00 | -91.41% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -91.41% |
| Mar 31, 2026 | -133.66% |
| Dec 31, 2025 | -336.32% |
| Sep 30, 2025 | -3,739.81% |
| Jun 30, 2025 | -1,631.83% |
| Mar 31, 2025 | -2,139.05% |
| Jun 30, 2024 | -711.89% |
| Mar 31, 2024 | -173.43% |
| Dec 31, 2023 | -110.29% |
| Sep 30, 2023 | -64.16% |
| Jun 30, 2023 | -52.90% |
| Mar 31, 2023 | -45.65% |
| Dec 31, 2022 | -32.69% |
| Sep 30, 2022 | -26.60% |
| Jun 30, 2022 | -26.22% |
| Mar 31, 2022 | -23.29% |
| Dec 31, 2021 | -25.40% |
| Sep 30, 2021 | -25.35% |
API Access
HCW Biologics 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=HCWB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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-capital-employed-%5Broce%5D&ticker=HCWB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();