IO Biotech, Inc. (IOBTQ) Return on Capital Employed [ROCE] (2021 - 2025)
IO Biotech's Return on Capital Employed [ROCE] was -403.21% in Q3 2025, down 289.31 percentage points from -113.90% a year earlier but up 7.84 percentage points from the prior quarter.
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Analysis
IO Biotech, Inc. (IOBTQ) Return on Capital Employed [ROCE] (2021 - 2025) Analysis & Trends
For FY2024, Return on Capital Employed [ROCE] at IO Biotech came in at -106.08%, down 38.62 percentage points from FY2023.
- Return on Capital Employed [ROCE] has now declined for three consecutive years, with a three-year change of -66.30 percentage points (FY2021 to FY2024).
- In earlier years, Return on Capital Employed [ROCE] was -67.46% in FY2023 (-26.97 pp), -40.50% in FY2022 (-0.72 pp) and -39.78% in FY2021.
- Quarterly Return on Capital Employed [ROCE] has moved between -411.04% (Q2 2025) and -34.79% (Q2 2022) over five years.
- Compared with a year earlier, Return on Capital Employed [ROCE] has declined for 11 straight quarters, with an average year-over-year change of -125.15 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was Q4 2022 (a gain of 7.64 percentage points); the worst was Q2 2025 (a drop of 323.01 percentage points).
- Per Business Quant data, IOBTQ's Return on Capital Employed [ROCE] in the three quarters before Q3 2025 was -411.04% (Q2 2025), -253.86% (Q1 2025) and -160.40% (Q4 2024).
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -403.21% |
| Jun 30, 2025 | -411.04% |
| Mar 31, 2025 | -253.86% |
| Dec 31, 2024 | -160.40% |
| Sep 30, 2024 | -113.90% |
| Jun 30, 2024 | -88.04% |
| Mar 31, 2024 | -72.99% |
| Dec 31, 2023 | -62.67% |
| Sep 30, 2023 | -62.35% |
| Jun 30, 2023 | -63.99% |
| Mar 31, 2023 | -52.98% |
| Dec 31, 2022 | -47.97% |
| Sep 30, 2022 | -43.65% |
| Jun 30, 2022 | -34.79% |
| Mar 31, 2022 | -40.78% |
| Dec 31, 2021 | -55.61% |
API Access
IO Biotech, Inc. 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=IOBTQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "IOBTQ", "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=IOBTQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();