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
DateValue
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%