Harmony Biosciences Holdings (HRMY) Return on Invested Capital [ROIC] (2022 - 2026)
Harmony Biosciences Holdings' Return on Invested Capital [ROIC] came in at 15.60% for Q2 2026, down 3.76 percentage points from 19.36% a year earlier but up 2.32 percentage points from the prior quarter.
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Analysis
Harmony Biosciences Holdings (HRMY) Return on Invested Capital [ROIC] (2022 - 2026) Analysis & Trends
For FY2025, Harmony Biosciences Holdings' Return on Invested Capital [ROIC] was 16.43%, down 2.88 percentage points from FY2024.
- Return on Invested Capital [ROIC] has declined in each of the last three years, with a four-year change of -7.72 percentage points (FY2021 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 19.31% in FY2024 (-3.43 pp), 22.74% in FY2023 (-1.96 pp), 24.70% in FY2022 (+0.55 pp) and 24.15% in FY2021.
- The five-year range for quarterly Return on Invested Capital [ROIC] is 13.28% (Q1 2026) to 24.96% (Q3 2023).
- Year-over-year, Return on Invested Capital [ROIC] has declined for three consecutive quarters, with an average year-over-year change of -2.86 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q3 2023 (a gain of 4.17 percentage points), and the weakest in Q3 2024 (a drop of 8.66 percentage points).
- Business Quant data shows HRMY's Return on Invested Capital [ROIC] at 13.28% (Q1 2026), 15.10% (Q4 2025) and 18.66% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,076.25 Bn | 1,044.84 Bn | 19.71 Bn | 37.16% |
| 2 | Johnson & Johnson | 617.18 Bn | 535.70 Bn | 17.26 Bn | 16.10% |
| 3 | AbbVie | 464.58 Bn | 437.73 Bn | 12.70 Bn | 18.68% |
| 4 | Merck | 356.04 Bn | 310.47 Bn | 12.21 Bn | 3.56% |
| 5 | Novartis Ag | 269.07 Bn | 224.94 Bn | 11.24 Bn | 21.95% |
| 6 | Astrazeneca | 243.21 Bn | 216.77 Bn | 12.86 Bn | 28.83% |
| 7 | Amgen | 217.88 Bn | 173.28 Bn | 7.24 Bn | 14.33% |
| 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 | 13.44% |
| 10 | Harmony Biosciences Holdings | 2.30 Bn | -452.73 Mn | 198.08 Mn | 15.60% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.60% |
| Mar 31, 2026 | 13.28% |
| Dec 31, 2025 | 15.10% |
| Sep 30, 2025 | 18.66% |
| Jun 30, 2025 | 19.36% |
| Mar 31, 2025 | 17.42% |
| Dec 31, 2024 | 17.89% |
| Sep 30, 2024 | 16.30% |
| Jun 30, 2024 | 17.35% |
| Mar 31, 2024 | 21.91% |
| Dec 31, 2023 | 21.31% |
| Sep 30, 2023 | 24.96% |
| Jun 30, 2023 | 22.40% |
| Mar 31, 2023 | 21.65% |
| Dec 31, 2022 | 21.27% |
| Sep 30, 2022 | 20.78% |
| Jun 30, 2022 | 22.81% |
| Mar 31, 2022 | 23.35% |
API Access
Harmony Biosciences Holdings Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=HRMY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "HRMY", "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-invested-capital-%5Broic%5D&ticker=HRMY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();