Tectonic Therapeutic TECX
NASDAQ TECX
$21.96 -0.01 (-0.05%)
At close: Nov 11, 2026 · 4:00 PM EST

Tectonic Therapeutic (TECX) Return on Capital Employed [ROCE] (2018 - 2026)

Updated

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.

Analysis

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 Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Eli Lilly 1,348.13 Bn 1,321.74 Bn 20.46 Bn 35.41%
2 Johnson & Johnson 675.90 Bn 595.76 Bn 17.30 Bn 17.52%
3 AbbVie 519.45 Bn 487.50 Bn 13.12 Bn 21.60%
4 Merck 364.95 Bn 327.95 Bn 13.19 Bn 4.65%
5 Novartis Ag 311.58 Bn 285.16 Bn - -
6 Astrazeneca 289.34 Bn 262.94 Bn 13.26 Bn 9.91%
7 Amgen 251.64 Bn 203.30 Bn 7.58 Bn 17.37%
8 Gilead Sciences 212.05 Bn 187.07 Bn 6.73 Bn -6.15%
9 Pfizer 167.35 Bn 115.00 Bn 12.56 Bn 11.32%
10 Tectonic Therapeutic 437.98 Mn -514.52 Mn - -42.26%
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2026 -42.26%
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%
API Access

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