Insmed (INSM) Return on Invested Capital [ROIC] (2013 - 2026)
Insmed (INSM) recorded Return on Invested Capital [ROIC] of -65.98% in Q2 2026, up 1.18 percentage points from -67.16% a year earlier and up 25.19 percentage points from the prior quarter.
Insmed (INSM) Return on Invested Capital [ROIC] (2013 - 2026) Analysis & Trends
For FY2025, Insmed reported Return on Invested Capital [ROIC] of -93.44%, down 14.03 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has declined for three straight years, with a five-year change of -50.30 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at -79.40% in FY2024 (-9.71 pp), -69.69% in FY2023 (-27.93 pp), -41.76% in FY2022 (+4.67 pp) and -46.42% in FY2021 (-3.29 pp).
- The Q2 2026 figure is the highest quarterly Return on Invested Capital [ROIC] since Q4 2024.
- On a year-over-year basis, Return on Invested Capital [ROIC] rose in five of the last eight quarters, with an average year-over-year change of +1.63 percentage points.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 22.27 percentage points in Q4 2024, against a drop of 48.08 percentage points in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at -91.17% (Q1 2026), -90.17% (Q4 2025) and -70.71% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,076.25 Bn | 1,044.84 Bn | 19.71 Bn | 37.16% |
| 2 | Johnson & Johnson | 617.18 Bn | 535.70 Bn | 17.26 Bn | 16.10% |
| 3 | AbbVie | 464.58 Bn | 437.73 Bn | 12.70 Bn | 18.68% |
| 4 | Merck | 356.04 Bn | 310.47 Bn | 12.21 Bn | 3.56% |
| 5 | Novartis Ag | 269.07 Bn | 224.94 Bn | 11.24 Bn | 21.95% |
| 6 | Astrazeneca | 243.21 Bn | 216.77 Bn | 12.86 Bn | 28.83% |
| 7 | Amgen | 217.88 Bn | 173.28 Bn | 7.24 Bn | 14.33% |
| 8 | Gilead Sciences | 179.62 Bn | 153.74 Bn | 6.22 Bn | -5.97% |
| 9 | Pfizer | 158.45 Bn | 105.40 Bn | 10.94 Bn | 13.44% |
| 10 | Insmed | 24.26 Bn | 18.76 Bn | 358.27 Mn | -65.98% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -65.98% |
| Mar 31, 2026 | -91.17% |
| Dec 31, 2025 | -90.17% |
| Sep 30, 2025 | -70.71% |
| Jun 30, 2025 | -67.16% |
| Mar 31, 2025 | -75.66% |
| Dec 31, 2024 | -62.13% |
| Sep 30, 2024 | -62.39% |
| Jun 30, 2024 | -79.68% |
| Mar 31, 2024 | -92.91% |
| Dec 31, 2023 | -84.40% |
| Sep 30, 2023 | -74.13% |
| Jun 30, 2023 | -63.99% |
| Mar 31, 2023 | -44.82% |
| Dec 31, 2022 | -46.47% |
| Sep 30, 2022 | -51.16% |
| Jun 30, 2022 | -43.81% |
| Mar 31, 2022 | -40.39% |
| Dec 31, 2021 | -36.63% |
| Sep 30, 2021 | -34.50% |
Insmed 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=INSM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "INSM", "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=INSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();