Novavax (NVAX) Return on Capital Employed (2011 - 2026)
Novavax (NVAX) recorded quarterly Return on Capital Employed of 10.18% in Q1 2026, down 116.15% quarter-over-quarter from 63.04% in Q4 2025, and down 5114.0% on a YoY basis from 0.2% in Q1 2025.
Novavax (NVAX) Return on Capital Employed (2011 - 2026) Analysis & Trends
Novavax's Return on Capital Employed history runs 16 years deep, the most recent figure standing at 10.18% for Q1 2026.
- In Q1 2026, Return on Capital Employed fell 5114.0% year-over-year to 10.18%; the TTM figure through Mar 2026 stood at 10.18% (down 5114.0% YoY), while the FY2025 annual figure was 49.84%, up 9730.0% from the prior year.
- Return on Capital Employed was 10.18% for Q1 2026 at Novavax, down from 63.04% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 6421.91% in Q1 2023 to a low of 3566.59% in Q2 2023.
- Historically, Return on Capital Employed has averaged 89.17% across 5 years, with a median of 51.64% in 2024.
- The sharpest annual moves came in 2023 and 2024: Return on Capital Employed surged 670712 bps in 2023, then sank 647359 bps in 2024.
- A 5-year view of Return on Capital Employed shows it stood at 327.47% in 2022, then sank by 288 bps to 614.53% in 2023, then surged by 92 bps to 51.64% in 2024, then surged by 222 bps to 63.04% in 2025, then tumbled by 116 bps to 10.18% in 2026.
- The last three Return on Capital Employed figures came in at 10.18% (Q1 2026), 63.04% (Q4 2025), and 37.12% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | 450.31% |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | 51.73% |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | - |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | -107.40% |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 21.10% |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -50.43% |
| 10 | Novavax | 1.49 Bn | 931.98 Mn | 108.82 Mn | -10.18% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -10.18% |
| Dec 31, 2025 | 63.04% |
| Sep 30, 2025 | 37.12% |
| Jun 30, 2025 | 37.97% |
| Mar 31, 2025 | 40.96% |
| Dec 31, 2024 | -51.64% |
| Sep 30, 2024 | -51.56% |
| Jun 30, 2024 | -68.42% |
| Mar 31, 2024 | -51.69% |
| Dec 31, 2023 | -614.53% |
| Sep 30, 2023 | -309.52% |
| Jun 30, 2023 | -3,566.59% |
| Mar 31, 2023 | 6,421.91% |
| Dec 31, 2022 | 327.47% |
| Sep 30, 2022 | -157.71% |
| Jun 30, 2022 | -245.47% |
| Mar 31, 2022 | -285.21% |
| Dec 31, 2021 | -931.67% |
| Sep 30, 2021 | -115.49% |
| Jun 30, 2021 | -90.64% |