BeOne Medicines (ONC) Return on Capital Employed [ROCE] (2016 - 2026)
BeOne Medicines (ONC) recorded Return on Capital Employed [ROCE] of 13.68% in Q2 2026, up 16.29 percentage points from -2.61% a year earlier and up 3.23 percentage points from the prior quarter.
BeOne Medicines (ONC) Return on Capital Employed [ROCE] (2016 - 2026) Analysis & Trends
For FY2025, BeOne Medicines reported Return on Capital Employed [ROCE] of 8.56%, up 24.13 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has increased for three straight years, with a five-year change of +74.04 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at -15.57% in FY2024 (+12.63 pp), -28.20% in FY2023 (+1.68 pp), -29.88% in FY2022 (-3.57 pp) and -26.31% in FY2021 (+39.18 pp).
- The Q2 2026 figure is the highest quarterly Return on Capital Employed [ROCE] in data going back to Q1 2016.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased for 12 consecutive quarters, with an average year-over-year change of +18.58 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 27.27 percentage points in Q3 2025, against a drop of 8.11 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 10.46% (Q1 2026), 7.35% (Q4 2025) and 3.97% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,122.91 Bn | 1,091.50 Bn | 19.71 Bn | 46.74% |
| 2 | Johnson & Johnson | 615.09 Bn | 533.62 Bn | 17.26 Bn | 17.83% |
| 3 | AbbVie | 504.75 Bn | 477.86 Bn | 12.70 Bn | 17.92% |
| 4 | Merck | 360.18 Bn | 314.55 Bn | 12.21 Bn | 6.28% |
| 5 | Novartis Ag | 292.05 Bn | 256.04 Bn | 11.24 Bn | 19.32% |
| 6 | Astrazeneca | 256.09 Bn | 229.78 Bn | 12.86 Bn | 16.76% |
| 7 | Amgen | 233.63 Bn | 189.02 Bn | 7.24 Bn | 16.66% |
| 8 | Gilead Sciences | 194.49 Bn | 168.69 Bn | 6.22 Bn | -5.97% |
| 9 | Pfizer | 168.35 Bn | 114.99 Bn | 10.94 Bn | 11.86% |
| 10 | BeOne Medicines | 41.22 Bn | 22.75 Bn | 1.53 Bn | 13.68% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.68% |
| Mar 31, 2026 | 10.46% |
| Dec 31, 2025 | 7.35% |
| Sep 30, 2025 | 3.97% |
| Jun 30, 2025 | -2.61% |
| Mar 31, 2025 | -7.59% |
| Dec 31, 2024 | -15.52% |
| Sep 30, 2024 | -23.29% |
| Jun 30, 2024 | -23.63% |
| Mar 31, 2024 | -28.48% |
| Dec 31, 2023 | -31.33% |
| Sep 30, 2023 | -29.76% |
| Jun 30, 2023 | -35.99% |
| Mar 31, 2023 | -34.96% |
| Dec 31, 2022 | -35.20% |
| Sep 30, 2022 | -33.56% |
| Jun 30, 2022 | -30.42% |
| Mar 31, 2022 | -28.28% |
| Dec 31, 2021 | -27.09% |
| Sep 30, 2021 | -32.97% |
BeOne Medicines 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=ONC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "ONC", "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=ONC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();