Incannex Healthcare (IXHL) Return on Capital Employed [ROCE] (2024 - 2026)
Incannex Healthcare (IXHL) recorded Return on Capital Employed [ROCE] of -30.65% in fiscal Q4 2026 (quarter ended Jun 30, 2026), up 179.17 percentage points from -209.82% a year earlier and up 2.85 percentage points from the prior quarter.
Incannex Healthcare (IXHL) Return on Capital Employed [ROCE] (2024 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Incannex Healthcare reported Return on Capital Employed [ROCE] of -50.92%, up 151.31 percentage points from FY2025.
- Annual Return on Capital Employed [ROCE] has a five-year change of +154.15 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, Return on Capital Employed [ROCE] came in at -202.24% in FY2025 (+0.81 pp), -203.05% in FY2024 (-27.43 pp), -175.62% in FY2023 (-106.60 pp) and -69.02% in FY2022 (+136.05 pp).
- The fiscal Q4 2026 figure is the highest quarterly Return on Capital Employed [ROCE] in data going back to fiscal Q3 2024.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased for five consecutive quarters, with an average year-over-year change of +175.28 percentage points over the last six quarters.
- Per Business Quant, the preceding three fiscal quarters came in at -33.50% (Q3 2026), -34.95% (Q2 2026) and -50.75% (Q1 2026).
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 | Incannex Healthcare | 40.27 Mn | 40.27 Mn | - | -30.65% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -30.65% |
| Mar 31, 2026 | -33.50% |
| Dec 31, 2025 | -34.95% |
| Sep 30, 2025 | -50.75% |
| Jun 30, 2025 | -209.82% |
| Mar 31, 2025 | -413.86% |
| Dec 31, 2024 | -367.29% |
| Sep 30, 2024 | -429.17% |
| Jun 30, 2024 | -260.52% |
| Mar 31, 2024 | -144.53% |
Incannex Healthcare 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=IXHL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "IXHL", "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=IXHL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();