Mereo BioPharma (MREO) Return on Invested Capital [ROIC] (2024)
Mereo BioPharma (MREO) posted Return on Invested Capital [ROIC] of -467.10% for Q3 2024, down 408.56 percentage points from the prior quarter.
Mereo BioPharma (MREO) Return on Invested Capital [ROIC] (2024) Analysis & Trends
For FY2023, Mereo BioPharma's Return on Invested Capital [ROIC] came in at -41.02%, up 3.93 percentage points from FY2022.
- Annual Return on Invested Capital [ROIC] shows a five-year change of +1.23 percentage points (FY2018 to FY2023).
- In prior years, Mereo BioPharma's Return on Invested Capital [ROIC] was -44.95% in FY2022 (-8.81 pp), -36.14% in FY2021 (+86.27 pp), -122.41% in FY2020 (-64.21 pp) and -58.20% in FY2019 (-15.96 pp).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,199.50 Bn | 1,168.08 Bn | 19.71 Bn | 37.16% |
| 2 | Johnson & Johnson | 635.17 Bn | 555.03 Bn | 17.30 Bn | 17.57% |
| 3 | AbbVie | 504.69 Bn | 477.85 Bn | 12.70 Bn | 18.68% |
| 4 | Merck | 358.43 Bn | 312.86 Bn | 12.21 Bn | 3.56% |
| 5 | Novartis Ag | 288.36 Bn | 252.75 Bn | 11.24 Bn | 34.87% |
| 6 | Astrazeneca | 265.78 Bn | 239.54 Bn | 12.86 Bn | 23.26% |
| 7 | Amgen | 237.46 Bn | 192.86 Bn | 7.24 Bn | 14.33% |
| 8 | Gilead Sciences | 193.65 Bn | 167.76 Bn | 6.22 Bn | -5.97% |
| 9 | Pfizer | 171.05 Bn | 118.00 Bn | 10.94 Bn | 13.44% |
| 10 | Mereo BioPharma | 44.71 Mn | -105.20 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | -467.10% |
| Jun 30, 2024 | -58.54% |
| Mar 31, 2024 | -53.82% |
Mereo BioPharma 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=MREO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "MREO", "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=MREO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();