Tectonic Therapeutic (TECX) Return on Capital Employed [ROCE] (2018 - 2026)
Tectonic Therapeutic (TECX) recorded Return on Capital Employed [ROCE] of -41.02% in Q2 2026, down 15.73 percentage points from -25.28% a year earlier and down 2.39 percentage points from the prior quarter.
Tectonic Therapeutic (TECX) Return on Capital Employed [ROCE] (2018 - 2026) Analysis & Trends
For FY2025, Tectonic Therapeutic reported Return on Capital Employed [ROCE] of -42.59%, up 26.03 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has a five-year change of +12.24 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at -68.62% in FY2024 (+76.40 pp), -145.03% in FY2023 (-70.13 pp), -74.89% in FY2022 (-20.42 pp) and -54.48% in FY2021 (+0.36 pp).
- The Q2 2026 figure is the lowest quarterly Return on Capital Employed [ROCE] since Q1 2024.
- On a year-over-year basis, Return on Capital Employed [ROCE] rose in six of the last eight quarters, with an average year-over-year change of +23.93 percentage points.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 123.53 percentage points in Q4 2024, against a drop of 60.65 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -38.63% (Q1 2026), -32.40% (Q4 2025) and -27.64% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 17.83% |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 17.92% |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | 6.28% |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | 19.32% |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | 9.54% |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 16.66% |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | -5.97% |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | 11.86% |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 20.76% |
| 10 | Tectonic Therapeutic | 447.99 Mn | 447.99 Mn | - | -41.02% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -41.02% |
| Mar 31, 2026 | -38.63% |
| Dec 31, 2025 | -32.40% |
| Sep 30, 2025 | -27.64% |
| Jun 30, 2025 | -25.28% |
| Mar 31, 2025 | -28.75% |
| Dec 31, 2024 | -38.89% |
| Sep 30, 2024 | -32.56% |
| Jun 30, 2024 | -37.46% |
| Mar 31, 2024 | -69.09% |
| Dec 31, 2023 | -162.42% |
| Sep 30, 2023 | -62.14% |
| Jun 30, 2023 | -86.91% |
| Mar 31, 2023 | -127.86% |
| Dec 31, 2022 | -101.76% |
| Sep 30, 2022 | -88.87% |
| Jun 30, 2022 | -79.57% |
| Mar 31, 2022 | -70.38% |
| Dec 31, 2021 | -62.30% |
| Sep 30, 2021 | -58.17% |
Tectonic Therapeutic 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=TECX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "TECX", "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=TECX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();