Illumina (ILMN) Return on Invested Capital [ROIC] (2010 - 2026)
Illumina (ILMN) posted Return on Invested Capital [ROIC] of 15.12% for Q2 2026, down 12.00 percentage points from 27.12% a year earlier but up 0.51 percentage points from the prior quarter.
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Analysis
Illumina (ILMN) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2025, Illumina's Return on Invested Capital [ROIC] came in at 13.92%, up 28.29 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] shows a four-year change of +5.81 percentage points (FY2021 to FY2025).
- In prior years, Illumina's Return on Invested Capital [ROIC] was -14.37% in FY2024 (-1.46 pp), -12.90% in FY2023 (+26.77 pp), -39.67% in FY2022 and 8.11% in FY2021.
- Quarterly Return on Invested Capital [ROIC] has run from a low of -90.61% in Q4 2022 to a high of 27.12% in Q2 2025 over five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] increased in six of the last eight quarters, with an average year-over-year change of +25.10 percentage points.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q2 2025, with a gain of 76.06 percentage points; the weakest was Q2 2026, with a drop of 12.00 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 14.61% (Q1 2026), 15.61% (Q4 2025) and 16.06% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 257.79 Bn | 234.30 Bn | 5.13 Bn | 8.02% |
| 2 | Abbott Laboratories | 190.83 Bn | 164.70 Bn | 7.39 Bn | 5.70% |
| 3 | Danaher | 162.10 Bn | 141.75 Bn | 3.84 Bn | 5.83% |
| 4 | Intuitive Surgical | 158.05 Bn | 138.34 Bn | 2.08 Bn | - |
| 5 | Medtronic | 130.31 Bn | 95.56 Bn | 6.34 Bn | 6.90% |
| 6 | Stryker | 124.76 Bn | 110.95 Bn | 4.25 Bn | 9.95% |
| 7 | Boston Scientific | 62.03 Bn | 57.46 Bn | 3.43 Bn | 9.94% |
| 8 | Edwards Lifesciences | 58.73 Bn | 41.94 Bn | 1.35 Bn | 8.68% |
| 9 | Becton Dickinson | 58.33 Bn | 55.48 Bn | 2.32 Bn | 5.27% |
| 10 | Illumina | 32.22 Bn | 26.92 Bn | 830.00 Mn | 16.64% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 16.64% |
| Jun 28, 2026 | 15.12% |
| Mar 29, 2026 | 14.61% |
| Dec 28, 2025 | 15.61% |
| Sep 28, 2025 | 16.06% |
| Jun 29, 2025 | 27.12% |
| Mar 30, 2025 | -12.78% |
| Dec 29, 2024 | -19.63% |
| Sep 29, 2024 | -30.09% |
| Jun 30, 2024 | -48.94% |
| Mar 31, 2024 | -15.45% |
| Dec 31, 2023 | -14.64% |
| Oct 1, 2023 | -60.39% |
| Jul 2, 2023 | -88.30% |
| Apr 2, 2023 | -89.92% |
| Jan 1, 2023 | -90.61% |
| Oct 2, 2022 | -44.51% |
| Jul 3, 2022 | -2.55% |
| Apr 3, 2022 | 0.13% |
| Oct 3, 2021 | -0.30% |
API Access
Illumina 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=ILMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=ILMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();