Phathom Pharmaceuticals (PHAT) Return on Capital Employed (2019 - 2026)

Phathom Pharmaceuticals' (PHAT) quarterly Return on Capital Employed came in at 61.49% in Q1 2026, up 4772.0% year-on-year from 1.26% in Q1 2025, and up 54.77% on a QoQ basis from 135.96% in Q4 2025.

Phathom Pharmaceuticals (PHAT) Return on Capital Employed (2019 - 2026) Analysis & Trends

Phathom Pharmaceuticals (PHAT) has 8 years of Return on Capital Employed data on file, last reported at 61.49% in Q1 2026.

  • On a quarterly basis, Return on Capital Employed rose 4772.0% year-over-year to 61.49% in Q1 2026; TTM through Mar 2026 was 61.49%, a 4772.0% increase from a year earlier, with the FY2025 full-year figure at 85.7%, up 371.0% from the prior year.
  • Return on Capital Employed for Q1 2026 stood at 61.49%, up from 135.96% in the prior quarter.
  • Over the last five years, Return on Capital Employed for PHAT reached as high as 58.37% in Q4 2023 and fell as low as 149.12% in Q2 2025.
  • Historically, Return on Capital Employed has averaged 96.25% across 5 years, with a median of 93.29% in 2022.
  • Across the five-year window, Return on Capital Employed jumped 5697 bps in 2024 and slumped 6223 bps in 2025, its largest moves.
  • Year by year, Return on Capital Employed stood at 109.74% in 2022, then jumped by 47 bps to 58.37% in 2023, then tumbled by 60 bps to 93.44% in 2024, then tumbled by 46 bps to 135.96% in 2025, then surged by 55 bps to 61.49% in 2026.
  • Per Business Quant data, the three most recent Return on Capital Employed figures were 61.49% in Q1 2026, 135.96% in Q4 2025, and 140.32% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -31.80%
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 10.46%
4 NuCana 279.75 Bn 279.75 Bn - -68.47%
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 21.10%
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 10.19%
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn -
9 Revolution Medicines 37.78 Bn 37.78 Bn - -68.84%
10 Phathom Pharmaceuticals 951.79 Mn 768.02 Mn 46.31 Mn -61.49%

Historic Data

Download Data
DateValue
Mar 31, 2026 -61.49%
Dec 31, 2025 -135.96%
Sep 30, 2025 -140.32%
Jun 30, 2025 -149.12%
Mar 31, 2025 -109.21%
Dec 31, 2024 -93.44%
Sep 30, 2024 -100.00%
Jun 30, 2024 -86.89%
Mar 31, 2024 -60.63%
Dec 31, 2023 -58.37%
Sep 30, 2023 -63.46%
Jun 30, 2023 -82.50%
Mar 31, 2023 -117.61%
Dec 31, 2022 -109.74%
Sep 30, 2022 -85.93%
Jun 30, 2022 -93.29%
Mar 31, 2022 -88.32%
Dec 31, 2021 -71.10%
Sep 30, 2021 -79.77%
Jun 30, 2021 -80.78%