Penumbra (PEN) Return on Capital Employed [ROCE] (2015 - 2026)
Penumbra's Return on Capital Employed [ROCE] was 10.72% in Q3 2026, down 0.50 percentage points from 11.22% a year earlier and down 0.29 percentage points from the prior quarter.
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Analysis
Penumbra (PEN) Return on Capital Employed [ROCE] (2015 - 2026) Analysis & Trends
For FY2025, Return on Capital Employed [ROCE] at Penumbra came in at 12.64%, up 11.97 percentage points from FY2024.
- Return on Capital Employed [ROCE] shows a five-year change of +18.74 percentage points (FY2020 to FY2025).
- In earlier years, Return on Capital Employed [ROCE] was 0.67% in FY2024 (-4.93 pp), 5.60% in FY2023 (+5.08 pp), 0.52% in FY2022 (+1.35 pp) and -0.82% in FY2021 (+5.27 pp).
- The Q3 2026 figure marks the lowest quarterly Return on Capital Employed [ROCE] since Q1 2025.
- Compared with a year earlier, Return on Capital Employed [ROCE] was higher in five of the last eight quarters, with an average year-over-year change of +4.42 percentage points.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was Q2 2025 (a gain of 12.30 percentage points); the worst was Q4 2024 (a drop of 4.71 percentage points).
- Per Business Quant data, PEN's Return on Capital Employed [ROCE] in the three quarters before Q3 2026 was 11.00% (Q2 2026), 11.34% (Q1 2026) and 11.81% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 8.51% |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 7.18% |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 6.23% |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | 18.68% |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 13.86% |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 13.22% |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 9.99% |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 11.59% |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | 4.76% |
| 10 | Penumbra | 12.67 Bn | 10.17 Bn | 280.30 Mn | 10.72% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.72% |
| Jun 30, 2026 | 11.00% |
| Mar 31, 2026 | 11.34% |
| Dec 31, 2025 | 11.81% |
| Sep 30, 2025 | 11.22% |
| Jun 30, 2025 | 10.79% |
| Mar 31, 2025 | 2.67% |
| Dec 31, 2024 | 0.69% |
| Sep 30, 2024 | 0.11% |
| Jun 30, 2024 | -1.51% |
| Mar 31, 2024 | 5.49% |
| Dec 31, 2023 | 5.40% |
| Sep 30, 2023 | 3.32% |
| Jun 30, 2023 | 2.85% |
| Mar 31, 2023 | 1.47% |
| Dec 31, 2022 | 0.51% |
| Sep 30, 2022 | -3.27% |
| Jun 30, 2022 | -3.03% |
| Mar 31, 2022 | -2.19% |
| Dec 31, 2021 | -0.76% |
API Access
Penumbra 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=PEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "PEN", "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=PEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();