Innoviva (INVA) Return on Capital Employed [ROCE] (2011 - 2026)
Innoviva (INVA) recorded Return on Capital Employed [ROCE] of 9.44% in Q2 2026, down 7.42 percentage points from 16.86% a year earlier and down 0.01 percentage points from the prior quarter.
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Analysis
Innoviva (INVA) Return on Capital Employed [ROCE] (2011 - 2026) Analysis & Trends
For FY2025, Innoviva reported Return on Capital Employed [ROCE] of 11.54%, down 4.56 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has a five-year change of -25.97 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at 16.10% in FY2024 (+6.43 pp), 9.67% in FY2023 (+3.41 pp), 6.26% in FY2022 (-32.92 pp) and 39.19% in FY2021 (+1.68 pp).
- The Q2 2026 figure is the lowest quarterly Return on Capital Employed [ROCE] since Q1 2024.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined for four consecutive quarters, with an average year-over-year change of -1.29 percentage points over the last six quarters.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 16.10 percentage points in Q2 2024, against a drop of 41.89 percentage points in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 9.44% (Q1 2026), 11.05% (Q4 2025) and 12.60% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,076.25 Bn | 1,044.84 Bn | 19.71 Bn | 46.74% |
| 2 | Johnson & Johnson | 617.18 Bn | 535.70 Bn | 17.26 Bn | 17.83% |
| 3 | AbbVie | 464.58 Bn | 437.73 Bn | 12.70 Bn | 17.92% |
| 4 | Merck | 356.04 Bn | 310.47 Bn | 12.21 Bn | 6.28% |
| 5 | Novartis Ag | 269.07 Bn | 224.94 Bn | 11.24 Bn | 19.32% |
| 6 | Astrazeneca | 243.21 Bn | 216.77 Bn | 12.86 Bn | 9.54% |
| 7 | Amgen | 217.88 Bn | 173.28 Bn | 7.24 Bn | 16.66% |
| 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 | 11.86% |
| 10 | Innoviva | 1.49 Bn | -801.70 Mn | 90.62 Mn | 9.44% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.44% |
| Mar 31, 2026 | 9.44% |
| Dec 31, 2025 | 11.05% |
| Sep 30, 2025 | 12.60% |
| Jun 30, 2025 | 16.86% |
| Mar 31, 2025 | 17.50% |
| Dec 31, 2024 | 16.20% |
| Sep 30, 2024 | 19.86% |
| Jun 30, 2024 | 12.04% |
| Mar 31, 2024 | 6.58% |
| Sep 30, 2023 | 3.98% |
| Jun 30, 2023 | -2.89% |
| Mar 31, 2023 | 5.33% |
| Dec 31, 2022 | 13.10% |
| Sep 30, 2022 | 24.78% |
| Jun 30, 2022 | 36.06% |
| Mar 31, 2022 | 41.13% |
| Dec 31, 2021 | 41.63% |
| Sep 30, 2021 | 42.55% |
| Jun 30, 2021 | 36.99% |
API Access
Innoviva 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=INVA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "INVA", "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=INVA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();