Illumina (ILMN) Return on Capital Employed [ROCE] (2010 - 2026)
Illumina (ILMN) posted Return on Capital Employed [ROCE] of 17.55% for Q2 2026, down 10.14 percentage points from 27.69% a year earlier but up 0.65 percentage points from the prior quarter.
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Analysis
Illumina (ILMN) Return on Capital Employed [ROCE] (2010 - 2026) Analysis & Trends
For FY2025, Illumina's Return on Capital Employed [ROCE] came in at 16.51%, up 29.02 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] shows a four-year change of +7.16 percentage points (FY2021 to FY2025).
- In prior years, Illumina's Return on Capital Employed [ROCE] was -12.51% in FY2024 (-1.39 pp), -11.12% in FY2023 (+27.00 pp), -38.12% in FY2022 and 9.35% in FY2021.
- Quarterly Return on Capital Employed [ROCE] has run from a low of -89.82% in Q4 2022 to a high of 27.69% in Q2 2025 over five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] increased in six of the last eight quarters, with an average year-over-year change of +24.11 percentage points.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was Q4 2023, with a gain of 77.30 percentage points; the weakest was Q2 2026, with a drop of 10.14 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was 16.90% (Q1 2026), 16.70% (Q4 2025) and 18.71% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 257.79 Bn | 234.30 Bn | 5.13 Bn | 8.51% |
| 2 | Abbott Laboratories | 190.83 Bn | 164.70 Bn | 7.39 Bn | 7.18% |
| 3 | Danaher | 162.10 Bn | 141.75 Bn | 3.84 Bn | 6.23% |
| 4 | Intuitive Surgical | 158.05 Bn | 138.34 Bn | 2.08 Bn | 18.68% |
| 5 | Medtronic | 130.31 Bn | 95.56 Bn | 6.34 Bn | 8.34% |
| 6 | Stryker | 124.76 Bn | 110.95 Bn | 4.25 Bn | 13.22% |
| 7 | Boston Scientific | 62.03 Bn | 57.46 Bn | 3.43 Bn | 9.99% |
| 8 | Edwards Lifesciences | 58.73 Bn | 41.94 Bn | 1.35 Bn | 11.59% |
| 9 | Becton Dickinson | 58.33 Bn | 55.48 Bn | 2.32 Bn | 6.00% |
| 10 | Illumina | 32.22 Bn | 26.92 Bn | 830.00 Mn | 17.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 17.22% |
| 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% |
API Access
Illumina 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=ILMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "ILMN", "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=ILMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();