Illumina (ILMN) Return on Capital Employed (2010 - 2026)
Illumina (ILMN) posted quarterly Return on Capital Employed of 17.55% for Q2 2026, down 1014.0% year-over-year from 1.92% in Q2 2025, and up 3.83% on a QoQ basis from 16.9% in Q1 2026.
Illumina (ILMN) Return on Capital Employed (2010 - 2026) Analysis & Trends
Illumina has reported Return on Capital Employed for 17 years, with the latest figure at 17.55% in Q2 2026.
- Return on Capital Employed for Q2 2026 came in at 17.55%, down 1014.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 17.55% (down 1014.0% YoY), and the FY2025 annual result was 16.51%, up 2902.0% from the prior year.
- Return on Capital Employed rose to 17.55% in Q2 2026, from 16.9% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 27.69% in Q2 2025 and troughed at 89.82% in Q1 2023.
- A 5-year average of 21.35% and a median of 12.75% in 2023 frame the typical range for Return on Capital Employed.
- The largest YoY upside for Return on Capital Employed was 7730 bps in 2023 against a maximum downside of 8497 bps in 2023.
- A 5-year view of Return on Capital Employed shows it stood at 43.03% in 2022, then jumped by 71 bps to 12.52% in 2023, then sank by 44 bps to 18.04% in 2024, then surged by 193 bps to 16.7% in 2025, then advanced by 5 bps to 17.55% in 2026.
- Per Business Quant data, the three most recent Return on Capital Employed figures were 17.55% in Q2 2026, 16.9% in Q1 2026, and 16.7% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 234.15 Bn | 230.09 Bn | 8.34 Bn | 8.30% |
| 2 | Danaher | 152.10 Bn | 147.75 Bn | 3.61 Bn | 6.42% |
| 3 | Natera | 48.48 Bn | 47.38 Bn | 486.15 Mn | -13.91% |
| 4 | Agilent Technologies | 44.35 Bn | 42.55 Bn | 990.00 Mn | 14.57% |
| 5 | Iqvia Holdings | 43.68 Bn | 41.60 Bn | 1.44 Bn | 10.49% |
| 6 | Idexx Laboratories | 43.02 Bn | 42.83 Bn | 779.09 Mn | 68.60% |
| 7 | Illumina | 34.39 Bn | 33.22 Bn | 770.00 Mn | 17.55% |
| 8 | Mettler Toledo International | 28.29 Bn | 28.24 Bn | 650.22 Mn | 49.80% |
| 9 | Labcorp Holdings | 27.51 Bn | 27.37 Bn | 1.11 Bn | 8.97% |
| 10 | Quest Diagnostics | 27.10 Bn | 26.47 Bn | 1.03 Bn | 10.85% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | 17.55% |
| Mar 29, 2026 | 16.90% |
| Dec 28, 2025 | 16.70% |
| Sep 28, 2025 | 18.71% |
| Jun 29, 2025 | 27.69% |
| Mar 30, 2025 | -11.60% |
| Dec 29, 2024 | -18.04% |
| Sep 29, 2024 | -23.09% |
| Jun 30, 2024 | -45.55% |
| Mar 31, 2024 | -12.99% |
| Dec 31, 2023 | -12.52% |
| Oct 1, 2023 | -51.99% |
| Jul 2, 2023 | -82.45% |
| Apr 2, 2023 | -84.83% |
| Jan 1, 2023 | -89.82% |
| Oct 2, 2022 | -43.03% |
| Jul 3, 2022 | -6.03% |
| Apr 3, 2022 | 0.14% |
| Oct 3, 2021 | -0.29% |
| Jul 4, 2021 | 8.61% |