Incyte INCY
NASDAQ INCY
$122.27 +1.97 (+1.64%)
At close: Nov 11, 2026 · 4:00 PM EST

Incyte (INCY) Return on Capital Employed [ROCE] (2009 - 2026)

Updated

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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%
API Access

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