NovoCure (NVCR) Return on Capital Employed (2015 - 2026)

NovoCure (NVCR) posted quarterly Return on Capital Employed of 27.05% for Q2 2026, up 767.0% year-on-year from 3.12% in Q2 2025, and up 14.66% on a QoQ basis from 31.69% in Q1 2026.

NovoCure (NVCR) Return on Capital Employed (2015 - 2026) Analysis & Trends

NovoCure (NVCR) has reported Return on Capital Employed for 12 consecutive years, with 27.05% the latest figure, recorded in Q2 2026.

  • Quarterly Return on Capital Employed rose 767.0% year-over-year to 27.05% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 27.05% (up 767.0% YoY) and the FY2025 annual result came in at 19.24%, up 1977.0% from the prior year.
  • Return on Capital Employed rose to 27.05% in Q2 2026 per NVCR's latest filing, from 31.69% in the prior quarter.
  • Over the last five years, Return on Capital Employed for NVCR reached as high as 4.43% in Q1 2022 and fell as low as 35.89% in Q4 2024.
  • A 5-year average of 21.81% and a median of 22.25% in 2023 frame the typical range for Return on Capital Employed.
  • The largest YoY upside for Return on Capital Employed was 1800 bps in 2025 against a maximum downside of 1617 bps in 2025.
  • Year by year, Return on Capital Employed stood at 8.74% in 2022, then slumped by 175 bps to 24.08% in 2023, then tumbled by 49 bps to 35.89% in 2024, then soared by 50 bps to 17.89% in 2025, then tumbled by 51 bps to 27.05% in 2026.
  • According to Business Quant data, Return on Capital Employed over the past three periods registered 27.05%, 31.69%, and 17.89% for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Abbott Laboratories 182.86 Bn 175.56 Bn 6.27 Bn 9.61%
2 Stryker 128.95 Bn 126.07 Bn 3.81 Bn 12.24%
3 Medtronic 108.31 Bn 99.09 Bn 6.41 Bn 8.02%
4 Boston Scientific 68.46 Bn 67.01 Bn 3.61 Bn 9.62%
5 Edwards Lifesciences 48.25 Bn 44.58 Bn 1.29 Bn 11.13%
6 Dexcom 28.35 Bn 27.23 Bn 750.30 Mn 24.24%
7 GE HealthCare Technologies 28.05 Bn 25.76 Bn 1.98 Bn 9.30%
8 Smith & Nephew 26.96 Bn 26.38 Bn - -
9 Koninklijke Philips 24.06 Bn 20.93 Bn 2.07 Bn 8.38%
10 NovoCure 2.01 Bn 1.57 Bn 142.48 Mn -27.05%

Historic Data

Download Data
DateValue
Jun 30, 2026 -27.05%
Mar 31, 2026 -31.69%
Dec 31, 2025 -17.89%
Sep 30, 2025 -33.50%
Jun 30, 2025 -34.72%
Mar 31, 2025 -33.27%
Dec 31, 2024 -35.89%
Sep 30, 2024 -32.96%
Jun 30, 2024 -18.55%
Mar 31, 2024 -22.00%
Dec 31, 2023 -24.08%
Sep 30, 2023 -22.51%
Jun 30, 2023 -18.74%
Mar 31, 2023 -14.40%
Dec 31, 2022 -8.74%
Sep 30, 2022 -6.81%
Jun 30, 2022 -5.28%
Mar 31, 2022 -4.43%
Dec 31, 2021 -4.49%
Sep 30, 2021 -0.90%