Tarsus Pharmaceuticals (TARS) Return on Capital Employed [ROCE] (2020 - 2026)
Tarsus Pharmaceuticals' Return on Capital Employed [ROCE] came in at -11.55% for Q2 2026, up 12.51 percentage points from -24.05% a year earlier and up 0.32 percentage points from the prior quarter.
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Analysis
Tarsus Pharmaceuticals (TARS) Return on Capital Employed [ROCE] (2020 - 2026) Analysis & Trends
For FY2025, Tarsus Pharmaceuticals' Return on Capital Employed [ROCE] was -21.26%, up 28.85 percentage points from FY2024.
- Return on Capital Employed [ROCE] carries a five-year change of +3.34 percentage points (FY2020 to FY2025).
- Going back by year, Return on Capital Employed [ROCE] was -50.11% in FY2024 (+18.15 pp), -68.25% in FY2023 (-34.89 pp), -33.37% in FY2022 (-25.95 pp) and -7.41% in FY2021 (+17.18 pp).
- The Q2 2026 figure represents the highest quarterly Return on Capital Employed [ROCE] since Q4 2021.
- Year-over-year, Return on Capital Employed [ROCE] has increased for nine consecutive quarters, with an average year-over-year change of +20.51 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Capital Employed [ROCE] over five years came in Q1 2025 (a gain of 27.89 percentage points), and the weakest in Q4 2023 (a drop of 33.31 percentage points).
- Business Quant data shows TARS's Return on Capital Employed [ROCE] at -11.87% (Q1 2026), -17.20% (Q4 2025) and -21.98% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,076.25 Bn | 1,044.84 Bn | 19.71 Bn | 46.74% |
| 2 | Johnson & Johnson | 617.18 Bn | 535.70 Bn | 17.26 Bn | 17.83% |
| 3 | AbbVie | 464.58 Bn | 437.73 Bn | 12.70 Bn | 17.92% |
| 4 | Merck | 356.04 Bn | 310.47 Bn | 12.21 Bn | 6.28% |
| 5 | Novartis Ag | 269.07 Bn | 224.94 Bn | 11.24 Bn | 19.32% |
| 6 | Astrazeneca | 243.21 Bn | 216.77 Bn | 12.86 Bn | 9.54% |
| 7 | Amgen | 217.88 Bn | 173.28 Bn | 7.24 Bn | 16.66% |
| 8 | Gilead Sciences | 179.62 Bn | 153.74 Bn | 6.22 Bn | -5.97% |
| 9 | Pfizer | 158.45 Bn | 105.40 Bn | 10.94 Bn | 11.86% |
| 10 | Tarsus Pharmaceuticals | 3.16 Bn | 2.10 Bn | 161.80 Mn | -11.55% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -11.55% |
| Mar 31, 2026 | -11.87% |
| Dec 31, 2025 | -17.20% |
| Sep 30, 2025 | -21.98% |
| Jun 30, 2025 | -24.05% |
| Mar 31, 2025 | -30.96% |
| Dec 31, 2024 | -40.73% |
| Sep 30, 2024 | -45.25% |
| Jun 30, 2024 | -50.20% |
| Mar 31, 2024 | -58.86% |
| Dec 31, 2023 | -62.25% |
| Sep 30, 2023 | -55.39% |
| Jun 30, 2023 | -51.67% |
| Mar 31, 2023 | -33.03% |
| Dec 31, 2022 | -28.93% |
| Sep 30, 2022 | -26.96% |
| Jun 30, 2022 | -26.72% |
| Mar 31, 2022 | -25.30% |
| Dec 31, 2021 | -7.02% |
| Sep 30, 2021 | -4.92% |
API Access
Tarsus Pharmaceuticals 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=TARS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "TARS", "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=TARS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();