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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 10.47% |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 4.65% |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | 2.45% |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | 28.37% |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | 9.10% |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 9.29% |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | -6.13% |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | 2.14% |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 16.34% |
| 10 | Spruce Biosciences | 133.73 Mn | 133.73 Mn | - | -60.84% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -60.84% |
| Mar 31, 2026 | -62.39% |
| Dec 31, 2025 | -105.61% |
| Sep 30, 2025 | -261.21% |
| Jun 30, 2025 | -183.12% |
| Mar 31, 2025 | -144.71% |
| Dec 31, 2024 | -96.16% |
| Sep 30, 2024 | -56.08% |
| Jun 30, 2024 | -52.88% |
| Mar 31, 2024 | -48.83% |
| Dec 31, 2023 | -44.18% |
| Sep 30, 2023 | -41.11% |
| Jun 30, 2023 | -36.34% |
| Mar 31, 2023 | -42.01% |
| Dec 31, 2022 | -51.04% |
| Sep 30, 2022 | -44.26% |
| Jun 30, 2022 | -40.33% |
| Mar 31, 2022 | -36.60% |
| Dec 31, 2021 | -32.37% |
| Sep 30, 2021 | -29.84% |
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_KEY
import 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();