ARS Pharmaceuticals (SPRY) Return on Capital Employed (2021 - 2026)

ARS Pharmaceuticals' (SPRY) quarterly Return on Capital Employed came in at 22.85% in Q1 2026, down 1417.0% year-on-year from 1.74% in Q1 2025, and down 97.53% quarter-over-quarter from 11.57% in Q4 2025.

ARS Pharmaceuticals (SPRY) Return on Capital Employed (2021 - 2026) Analysis & Trends

ARS Pharmaceuticals has disclosed Return on Capital Employed across 6 years of filings, most recently posting 22.85% for Q1 2026.

  • Return on Capital Employed for Q1 2026 came in at 22.85%, down 1417.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 22.85% (down 1417.0% YoY), and the FY2025 annual result was 11.99%, down 1084.0% from the prior year.
  • Return on Capital Employed came in at 22.85% for Q1 2026 at ARS Pharmaceuticals, down from 11.57% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 9.53% in Q3 2022 to a low of 31.06% in Q3 2025.
  • The 5-year median for Return on Capital Employed is 8.69% (2025), against an average of 10.76%.
  • Across the five-year window, Return on Capital Employed soared 3252 bps in 2022 and sank 3953 bps in 2023, its largest moves.
  • ARS Pharmaceuticals' Return on Capital Employed stood at 13.11% in 2022, then surged by 63 bps to 4.79% in 2023, then jumped by 75 bps to 1.18% in 2024, then sank by 879 bps to 11.57% in 2025, then slumped by 98 bps to 22.85% in 2026.
  • The last three Return on Capital Employed figures came in at 22.85% (Q1 2026), 11.57% (Q4 2025), and 31.06% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 450.31%
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 51.73%
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -107.40%
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 21.10%
9 Abivax 91.96 Bn 91.96 Bn - -50.43%
10 ARS Pharmaceuticals 954.24 Mn 753.27 Mn - -22.85%

Historic Data

Download Data
DateValue
Mar 31, 2026 -22.85%
Dec 31, 2025 -11.57%
Sep 30, 2025 -31.06%
Jun 30, 2025 -21.59%
Mar 31, 2025 -8.69%
Dec 31, 2024 -1.18%
Sep 30, 2024 -2.17%
Jun 30, 2024 -0.29%
Mar 31, 2024 -2.60%
Dec 31, 2023 -4.79%
Sep 30, 2023 -30.00%
Jun 30, 2023 -24.08%
Mar 31, 2023 -17.69%
Dec 31, 2022 -13.11%
Sep 30, 2022 9.53%
Jun 30, 2022 3.59%
Mar 31, 2022 -4.45%
Dec 31, 2021 -9.78%
Sep 30, 2021 -22.99%
Jun 30, 2021 -17.99%