Innoviva (INVA) Return on Invested Capital [ROIC] (2015 - 2026)
Innoviva (INVA) posted Return on Invested Capital [ROIC] of 8.96% for Q2 2026, down 0.25 percentage points from 9.21% a year earlier but up 0.06 percentage points from the prior quarter.
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Analysis
Innoviva (INVA) Return on Invested Capital [ROIC] (2015 - 2026) Analysis & Trends
For FY2025, Innoviva's Return on Invested Capital [ROIC] came in at 10.57%, up 1.33 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] shows a five-year change of -20.53 percentage points (FY2020 to FY2025).
- In prior years, Innoviva's Return on Invested Capital [ROIC] was 9.24% in FY2024 (-0.37 pp), 9.61% in FY2023 (+4.80 pp), 4.81% in FY2022 (-27.66 pp) and 32.47% in FY2021 (+1.36 pp).
- Quarterly Return on Invested Capital [ROIC] has run from a low of -5.00% in Q2 2023 to a high of 46.50% in Q2 2022 over five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] increased in two of the last six quarters, with an average year-over-year change of +0.19 percentage points.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q2 2022, with a gain of 15.87 percentage points; the weakest was Q2 2023, with a drop of 51.50 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 8.90% (Q1 2026), 10.07% (Q4 2025) and 11.24% (Q3 2025).
Peer Set
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 | Innoviva | 1.49 Bn | -801.70 Mn | 90.62 Mn | 8.96% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.96% |
| Mar 31, 2026 | 8.90% |
| Dec 31, 2025 | 10.07% |
| Sep 30, 2025 | 11.24% |
| Jun 30, 2025 | 9.21% |
| Mar 31, 2025 | 16.33% |
| Dec 31, 2024 | 9.26% |
| Sep 30, 2024 | 15.44% |
| Jun 30, 2024 | 11.31% |
| Mar 31, 2024 | 6.17% |
| Sep 30, 2023 | 1.78% |
| Jun 30, 2023 | -2.47% |
| Mar 31, 2023 | 4.58% |
| Sep 30, 2022 | 23.53% |
| Jun 30, 2022 | 46.50% |
| Mar 31, 2022 | 39.20% |
| Dec 31, 2021 | 34.43% |
| Sep 30, 2021 | 35.39% |
| Jun 30, 2021 | 30.63% |
| Mar 31, 2021 | 26.07% |
API Access
Innoviva 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=INVA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=INVA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();