Immunocore Holdings (IMCR) Return on Invested Capital [ROIC] (2021 - 2026)
Immunocore Holdings' Return on Invested Capital [ROIC] was -2.82% in Q2 2026, up 2.64 percentage points from -5.46% a year earlier and up 1.59 percentage points from the prior quarter.
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Analysis
Immunocore Holdings (IMCR) Return on Invested Capital [ROIC] (2021 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Immunocore Holdings came in at -5.94%, up 5.69 percentage points from FY2024.
- Return on Invested Capital [ROIC] has now increased for five consecutive years, with a five-year change of +95.81 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was -11.64% in FY2024 (+2.07 pp), -13.71% in FY2023 (+0.36 pp), -14.07% in FY2022 (+76.93 pp) and -91.00% in FY2021 (+10.75 pp).
- The Q2 2026 figure marks the highest quarterly Return on Invested Capital [ROIC] in data going back to Q4 2022.
- Compared with a year earlier, Return on Invested Capital [ROIC] has increased for six straight quarters, with an average year-over-year change of +2.93 percentage points over the last six quarters.
- Per Business Quant data, IMCR's Return on Invested Capital [ROIC] in the three quarters before Q2 2026 was -4.41% (Q1 2026), -5.80% (Q4 2025) and -5.75% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | 30.89% |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | 17.57% |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | 24.28% |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 2.52% |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | - |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | 23.11% |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | 15.60% |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | -6.11% |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 12.34% |
| 10 | Immunocore Holdings | 1.67 Bn | -1.82 Bn | 101.55 Mn | -3.56% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -3.56% |
| Jun 30, 2026 | -2.82% |
| Mar 31, 2026 | -4.41% |
| Dec 31, 2025 | -5.80% |
| Sep 30, 2025 | -5.75% |
| Jun 30, 2025 | -5.46% |
| Mar 31, 2025 | -5.95% |
| Dec 31, 2024 | -8.68% |
| Sep 30, 2024 | -7.39% |
| Jun 30, 2024 | -6.90% |
| Mar 31, 2024 | -8.17% |
| Dec 31, 2023 | -13.22% |
| Sep 30, 2023 | -17.14% |
| Jun 30, 2023 | -12.01% |
| Mar 31, 2023 | -10.68% |
| Dec 31, 2022 | -13.04% |
| Sep 30, 2022 | -23.19% |
| Jun 30, 2022 | -47.21% |
| Mar 31, 2022 | -59.98% |
| Dec 31, 2021 | -61.65% |
API Access
Immunocore 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=IMCR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "IMCR", "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=IMCR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();