Incyte (INCY) Return on Capital Employed [ROCE] (2009 - 2026)
Incyte's Return on Capital Employed [ROCE] was 10.20% in Q3 2026, down 21.05 percentage points from 31.25% a year earlier and down 18.06 percentage points from the prior quarter.
Incyte (INCY) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Return on Capital Employed [ROCE] at Incyte came in at 32.33%, up 30.96 percentage points from FY2024.
- Return on Capital Employed [ROCE] shows a five-year change of +41.54 percentage points (FY2020 to FY2025).
- In earlier years, Return on Capital Employed [ROCE] was 1.37% in FY2024 (-10.86 pp), 12.24% in FY2023 (-1.46 pp), 13.70% in FY2022 (-3.57 pp) and 17.27% in FY2021 (+26.48 pp).
- The Q3 2026 figure marks the lowest quarterly Return on Capital Employed [ROCE] since Q1 2025.
- Compared with a year earlier, Return on Capital Employed [ROCE] was higher in five of the last eight quarters, with an average year-over-year change of +9.22 percentage points.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was Q3 2025 (a gain of 32.84 percentage points); the worst was Q3 2026 (a drop of 21.05 percentage points).
- Per Business Quant data, INCY's Return on Capital Employed [ROCE] in the three quarters before Q3 2026 was 28.26% (Q2 2026), 28.47% (Q1 2026) and 29.54% (Q4 2025).
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 | Incyte | 245.42 Mn | -15.74 Bn | 1.45 Bn | 10.20% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.20% |
| Jun 30, 2026 | 28.26% |
| Mar 31, 2026 | 28.47% |
| Dec 31, 2025 | 29.54% |
| Sep 30, 2025 | 31.25% |
| Jun 30, 2025 | 26.25% |
| Mar 31, 2025 | 4.50% |
| Dec 31, 2024 | 1.71% |
| Sep 30, 2024 | -1.59% |
| Jun 30, 2024 | 0.35% |
| Mar 31, 2024 | 12.36% |
| Dec 31, 2023 | 11.61% |
| Sep 30, 2023 | 9.73% |
| Jun 30, 2023 | 8.74% |
| Mar 31, 2023 | 10.13% |
| Dec 31, 2022 | 12.82% |
| Sep 30, 2022 | 14.07% |
| Jun 30, 2022 | 16.83% |
| Mar 31, 2022 | 14.69% |
| Dec 31, 2021 | 15.78% |
Incyte 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=INCY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "INCY", "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=INCY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();