BeOne Medicines (ONC) Return on Invested Capital [ROIC] (2016 - 2026)
BeOne Medicines (ONC) posted Return on Invested Capital [ROIC] of 11.54% for Q2 2026, up 13.74 percentage points from -2.20% a year earlier and up 1.96 percentage points from the prior quarter.
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Analysis
BeOne Medicines (ONC) Return on Invested Capital [ROIC] (2016 - 2026) Analysis & Trends
For FY2025, BeOne Medicines' Return on Invested Capital [ROIC] came in at 5.82%, up 17.62 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has increased for three consecutive years, with a five-year change of +63.13 percentage points (FY2020 to FY2025).
- In prior years, BeOne Medicines' Return on Invested Capital [ROIC] was -11.81% in FY2024 (+14.04 pp), -25.85% in FY2023 (+4.79 pp), -30.64% in FY2022 (-5.58 pp) and -25.05% in FY2021 (+32.26 pp).
- The Q2 2026 figure stands as the highest quarterly Return on Invested Capital [ROIC] in data going back to Q1 2016.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased in each of the last 12 quarters, with an average year-over-year change of +16.29 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q3 2025, with a gain of 20.93 percentage points; the weakest was Q4 2022, with a drop of 8.27 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 9.57% (Q1 2026), 5.49% (Q4 2025) and 1.30% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,122.91 Bn | 1,091.50 Bn | 19.71 Bn | 37.16% |
| 2 | Johnson & Johnson | 615.09 Bn | 533.62 Bn | 17.26 Bn | 16.10% |
| 3 | AbbVie | 504.75 Bn | 477.86 Bn | 12.70 Bn | 18.68% |
| 4 | Merck | 360.18 Bn | 314.55 Bn | 12.21 Bn | 3.56% |
| 5 | Novartis Ag | 292.05 Bn | 256.04 Bn | 11.24 Bn | 34.87% |
| 6 | Astrazeneca | 256.09 Bn | 229.78 Bn | 12.86 Bn | 23.26% |
| 7 | Amgen | 233.63 Bn | 189.02 Bn | 7.24 Bn | 14.33% |
| 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 | 13.44% |
| 10 | BeOne Medicines | 41.22 Bn | 22.75 Bn | 1.53 Bn | 11.54% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.54% |
| Mar 31, 2026 | 9.57% |
| Dec 31, 2025 | 5.42% |
| Sep 30, 2025 | 1.29% |
| Jun 30, 2025 | -2.20% |
| Mar 31, 2025 | -6.25% |
| Dec 31, 2024 | -11.93% |
| Sep 30, 2024 | -19.63% |
| Jun 30, 2024 | -20.17% |
| Mar 31, 2024 | -24.92% |
| Dec 31, 2023 | -27.71% |
| Sep 30, 2023 | -29.64% |
| Jun 30, 2023 | -35.20% |
| Mar 31, 2023 | -35.91% |
| Dec 31, 2022 | -35.00% |
| Sep 30, 2022 | -34.20% |
| Jun 30, 2022 | -31.56% |
| Mar 31, 2022 | -29.70% |
| Dec 31, 2021 | -26.74% |
| Sep 30, 2021 | -32.83% |
API Access
BeOne Medicines 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=ONC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=ONC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();