Madrigal Pharmaceuticals (MDGL) Return on Capital Employed [ROCE] (2009 - 2026)
Madrigal Pharmaceuticals' Return on Capital Employed [ROCE] came in at -17.24% for Q3 2026, up 21.31 percentage points from -38.56% a year earlier and up 20.19 percentage points from the prior quarter.
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Analysis
Madrigal Pharmaceuticals (MDGL) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Madrigal Pharmaceuticals' Return on Capital Employed [ROCE] was -35.70%, up 38.38 percentage points from FY2024.
- Return on Capital Employed [ROCE] has increased in each of the last three years, with a five-year change of +29.30 percentage points (FY2020 to FY2025).
- Going back by year, Return on Capital Employed [ROCE] was -74.08% in FY2024 (+25.27 pp), -99.34% in FY2023 (+45.95 pp), -145.29% in FY2022 (-26.03 pp) and -119.26% in FY2021 (-54.26 pp).
- The Q3 2026 figure represents the highest quarterly Return on Capital Employed [ROCE] since Q2 2019.
- Year-over-year, Return on Capital Employed [ROCE] has increased for 15 consecutive quarters, with an average year-over-year change of +21.92 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Capital Employed [ROCE] over five years came in Q3 2024 (a gain of 144.10 percentage points), and the weakest in Q3 2022 (a drop of 211.86 percentage points).
- Business Quant data shows MDGL's Return on Capital Employed [ROCE] at -37.44% (Q2 2026), -34.63% (Q1 2026) and -29.99% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | 35.41% |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | 17.52% |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | 21.60% |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 4.65% |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | - |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | 9.91% |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | 17.37% |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | -6.15% |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 11.32% |
| 10 | Madrigal Pharmaceuticals | 12.65 Bn | 9.06 Bn | 393.45 Mn | -17.24% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -17.24% |
| Jun 30, 2026 | -37.44% |
| Mar 31, 2026 | -34.63% |
| Dec 31, 2025 | -29.99% |
| Sep 30, 2025 | -38.56% |
| Jun 30, 2025 | -38.27% |
| Mar 31, 2025 | -49.89% |
| Dec 31, 2024 | -56.04% |
| Sep 30, 2024 | -60.31% |
| Jun 30, 2024 | -54.90% |
| Mar 31, 2024 | -60.80% |
| Dec 31, 2023 | -118.64% |
| Sep 30, 2023 | -204.41% |
| Jun 30, 2023 | -151.78% |
| Mar 31, 2023 | -126.15% |
| Dec 31, 2022 | -202.86% |
| Sep 30, 2022 | -307.99% |
| Jun 30, 2022 | -188.63% |
| Mar 31, 2022 | -144.19% |
| Dec 31, 2021 | -114.28% |
API Access
Madrigal Pharmaceuticals 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=MDGL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "MDGL", "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=MDGL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();