Spruce Biosciences (SPRB) Return on Assets [ROA] (2020 - 2026)
Spruce Biosciences (SPRB) recorded Return on Assets [ROA] of -60.84% in Q2 2026, up 122.28 percentage points from -183.12% a year earlier and up 1.55 percentage points from the prior quarter.
Powered by 
Analysis
Spruce Biosciences (SPRB) Return on Assets [ROA] (2020 - 2026) Analysis & Trends
For FY2025, Spruce Biosciences reported Return on Assets [ROA] of -72.21%, down 1.09 percentage points from FY2024.
- Annual Return on Assets [ROA] has declined for four straight years, with a five-year change of -36.72 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Assets [ROA] came in at -71.12% in FY2024 (-20.57 pp), -50.55% in FY2023 (-7.01 pp), -43.54% in FY2022 (-14.31 pp) and -29.23% in FY2021 (+6.26 pp).
- The Q2 2026 figure is the highest quarterly Return on Assets [ROA] since Q3 2024.
- On a year-over-year basis, Return on Assets [ROA] rose in two of the last eight quarters, with an average year-over-year change of -37.88 percentage points.
- Peak year-over-year performance for Return on Assets [ROA] in the last five years was a gain of 122.28 percentage points in Q2 2026, against a drop of 205.14 percentage points in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at -62.39% (Q1 2026), -105.61% (Q4 2025) and -261.21% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | 19.00% |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | 8.08% |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | 7.32% |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 1.87% |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | - |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | 9.36% |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | 9.80% |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | -7.67% |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 2.00% |
| 10 | Spruce Biosciences | 134.13 Mn | -152.84 Mn | - | -65.72% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -65.72% |
| Jun 30, 2026 | -60.07% |
| Mar 31, 2026 | -61.26% |
| Dec 31, 2025 | -103.80% |
| Sep 30, 2025 | -260.66% |
| Jun 30, 2025 | -183.12% |
| Mar 31, 2025 | -144.71% |
| Dec 31, 2024 | -96.16% |
| Sep 30, 2024 | -56.07% |
| Jun 30, 2024 | -52.81% |
| Mar 31, 2024 | -48.64% |
| Dec 31, 2023 | -43.66% |
| Sep 30, 2023 | -40.38% |
| Jun 30, 2023 | -35.74% |
| Mar 31, 2023 | -41.56% |
| Dec 31, 2022 | -51.46% |
| Sep 30, 2022 | -45.12% |
| Jun 30, 2022 | -41.08% |
| Mar 31, 2022 | -37.16% |
| Dec 31, 2021 | -32.48% |
API Access
Spruce Biosciences Return on Assets [ROA] 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-assets-%5Broa%5D&ticker=SPRB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "ticker": "SPRB", "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-assets-%5Broa%5D&ticker=SPRB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();