Penumbra (PEN) Return on Capital Employed [ROCE] (2015 - 2026)
Penumbra's Return on Capital Employed [ROCE] was 11.00% in Q2 2026, up 0.21 percentage points from 10.79% a year earlier but down 0.33 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).
- Quarterly Return on Capital Employed [ROCE] has moved between -3.27% (Q3 2022) and 11.81% (Q4 2025) over five years.
- Compared with a year earlier, Return on Capital Employed [ROCE] has increased for five straight quarters, with an average year-over-year change of +4.08 percentage points over the last eight quarters.
- 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 Q2 2026 was 11.34% (Q1 2026), 11.81% (Q4 2025) and 11.22% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 242.18 Bn | 221.33 Bn | 4.88 Bn | 8.30% |
| 2 | Abbott Laboratories | 168.71 Bn | 139.79 Bn | 7.27 Bn | 7.98% |
| 3 | Danaher | 150.46 Bn | 134.27 Bn | 3.61 Bn | 6.42% |
| 4 | Intuitive Surgical | 138.71 Bn | 118.26 Bn | 1.96 Bn | 18.58% |
| 5 | Medtronic | 110.54 Bn | 76.41 Bn | 6.34 Bn | 8.34% |
| 6 | Stryker | 105.66 Bn | 91.78 Bn | 4.50 Bn | 13.69% |
| 7 | Boston Scientific | 61.74 Bn | 56.75 Bn | 3.85 Bn | 10.83% |
| 8 | Edwards Lifesciences | 49.09 Bn | 33.21 Bn | 1.35 Bn | 11.99% |
| 9 | Becton Dickinson | 48.16 Bn | 45.31 Bn | 2.32 Bn | 6.00% |
| 10 | Penumbra | 12.51 Bn | 10.22 Bn | 264.94 Mn | 11.00% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Mar 31, 2021 | -3.62% |
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();