Heron Therapeutics (HRTX) Return on Capital Employed [ROCE] (2009 - 2026)
Heron Therapeutics' Return on Capital Employed [ROCE] came in at -6.92% for Q2 2026, down 0.40 percentage points from the prior quarter.
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Analysis
Heron Therapeutics (HRTX) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Heron Therapeutics' Return on Capital Employed [ROCE] was -1.71%, up 6.74 percentage points from FY2024.
- Return on Capital Employed [ROCE] has increased in each of the last three years, with a five-year change of +67.29 percentage points (FY2020 to FY2025).
- Going back by year, Return on Capital Employed [ROCE] was -8.45% in FY2024 (+61.98 pp), -70.44% in FY2023 (+18.69 pp), -89.12% in FY2022 (-4.88 pp) and -84.24% in FY2021 (-15.24 pp).
- The Q2 2026 figure represents the lowest quarterly Return on Capital Employed [ROCE] since Q4 2024.
- Year-over-year, Return on Capital Employed [ROCE] increased in five of the last six quarters, with an average year-over-year change of +35.77 percentage points.
- The fastest year-over-year change in Return on Capital Employed [ROCE] over five years came in Q2 2024 (a gain of 77.06 percentage points), and the weakest in Q2 2022 (a drop of 61.42 percentage points).
- Business Quant data shows HRTX's Return on Capital Employed [ROCE] at -6.51% (Q1 2026), -1.62% (Q4 2025) and 1.06% (Q3 2025) in the three quarters before Q2 2026.
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 | Heron Therapeutics | 70.40 Mn | -87.13 Mn | 26.29 Mn | -5.57% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -5.57% |
| Jun 30, 2026 | -6.92% |
| Mar 31, 2026 | -6.51% |
| Dec 31, 2025 | -1.62% |
| Sep 30, 2025 | 1.06% |
| Mar 31, 2025 | -2.45% |
| Dec 31, 2024 | -8.51% |
| Sep 30, 2024 | -19.36% |
| Jun 30, 2024 | -33.69% |
| Mar 31, 2024 | -56.86% |
| Dec 31, 2023 | -75.68% |
| Sep 30, 2023 | -89.14% |
| Jun 30, 2023 | -110.76% |
| Mar 31, 2023 | -91.64% |
| Dec 31, 2022 | -97.52% |
| Sep 30, 2022 | -126.67% |
| Jun 30, 2022 | -145.75% |
| Mar 31, 2022 | -116.23% |
| Dec 31, 2021 | -84.43% |
| Sep 30, 2021 | -73.72% |
API Access
Heron Therapeutics 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=HRTX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "HRTX", "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=HRTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();