Passage BIO (PASG) Return on Capital Employed [ROCE] (2020 - 2026)
Passage BIO (PASG) recorded Return on Capital Employed [ROCE] of -386.38% in Q2 2026, down 288.03 percentage points from -98.35% a year earlier and down 246.00 percentage points from the prior quarter.
Passage BIO (PASG) Return on Capital Employed [ROCE] (2020 - 2026) Analysis & Trends
For FY2025, Passage BIO reported Return on Capital Employed [ROCE] of -83.18%, down 17.46 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has declined for three straight years, with a five-year change of -34.54 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at -65.72% in FY2024 (-5.74 pp), -59.98% in FY2023 (-10.72 pp), -49.26% in FY2022 (+10.26 pp) and -59.52% in FY2021 (-10.88 pp).
- The Q2 2026 figure is the lowest quarterly Return on Capital Employed [ROCE] in data going back to Q1 2020.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined for 22 consecutive quarters, with an average year-over-year change of -55.25 percentage points over the last eight quarters.
- The year-over-year drop in Return on Capital Employed [ROCE] has ranged between 0.28 percentage points (Q3 2024) and 288.03 percentage points (Q2 2026) over the last five years.
- Per Business Quant, the preceding three quarters came in at -140.37% (Q1 2026), -109.21% (Q4 2025) and -91.34% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,082.65 Bn | 1,051.23 Bn | 19.71 Bn | 46.74% |
| 2 | Johnson & Johnson | 623.68 Bn | 542.21 Bn | 17.26 Bn | 17.83% |
| 3 | AbbVie | 459.43 Bn | 432.59 Bn | 12.70 Bn | 17.92% |
| 4 | Merck | 354.80 Bn | 309.23 Bn | 12.21 Bn | 6.28% |
| 5 | Novartis Ag | 269.16 Bn | 225.03 Bn | 11.24 Bn | 19.32% |
| 6 | Astrazeneca | 244.40 Bn | 217.97 Bn | 12.86 Bn | 9.54% |
| 7 | Amgen | 220.17 Bn | 175.57 Bn | 7.24 Bn | 16.66% |
| 8 | Gilead Sciences | 183.05 Bn | 157.16 Bn | 6.22 Bn | -5.97% |
| 9 | Pfizer | 160.27 Bn | 107.22 Bn | 10.94 Bn | 11.86% |
| 10 | Passage BIO | 13.90 Mn | 13.90 Mn | - | -386.38% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -386.38% |
| Mar 31, 2026 | -140.37% |
| Dec 31, 2025 | -109.21% |
| Sep 30, 2025 | -91.34% |
| Jun 30, 2025 | -98.35% |
| Mar 31, 2025 | -90.08% |
| Dec 31, 2024 | -80.26% |
| Sep 30, 2024 | -73.39% |
| Jun 30, 2024 | -68.46% |
| Mar 31, 2024 | -68.24% |
| Dec 31, 2023 | -75.50% |
| Sep 30, 2023 | -73.11% |
| Jun 30, 2023 | -63.75% |
| Mar 31, 2023 | -62.26% |
| Dec 31, 2022 | -58.04% |
| Sep 30, 2022 | -61.31% |
| Jun 30, 2022 | -62.55% |
| Mar 31, 2022 | -59.88% |
| Dec 31, 2021 | -54.07% |
| Sep 30, 2021 | -44.18% |
Passage BIO 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=PASG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "PASG", "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=PASG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();