Wave Life Sciences (WVE) Return on Capital Employed [ROCE] (2015 - 2026)
Wave Life Sciences (WVE) reported Return on Capital Employed [ROCE] of -41.90% for Q2 2026, up 36.55 percentage points from -78.45% a year earlier but down 6.82 percentage points from the prior quarter.
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Analysis
Wave Life Sciences (WVE) Return on Capital Employed [ROCE] (2015 - 2026) Analysis & Trends
For FY2025, Wave Life Sciences posted Return on Capital Employed [ROCE] of -53.81%, up 0.68 percentage points from FY2024.
- Return on Capital Employed [ROCE] has a five-year change of +41.63 percentage points (FY2020 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at -54.49% in FY2024 (+226.17 pp), -280.66% in FY2023 (-125.94 pp), -154.71% in FY2022 (-83.72 pp) and -70.99% in FY2021 (+24.45 pp).
- Five-year quarterly Return on Capital Employed [ROCE] spans a low of -208.60% in Q1 2023 and a high of -35.08% in Q1 2026.
- Year over year, Return on Capital Employed [ROCE] gained in six of the last eight quarters, with an average year-over-year change of +30.28 percentage points.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q1 2024 (a gain of 127.73 percentage points); the low point was Q1 2023 (a drop of 114.08 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -35.08% (Q1 2026), -62.45% (Q4 2025) and -84.46% (Q3 2025).
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 | Wave Life Sciences | 730.59 Mn | -980.30 Mn | - | -41.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -41.90% |
| Mar 31, 2026 | -35.08% |
| Dec 31, 2025 | -62.45% |
| Sep 30, 2025 | -84.46% |
| Jun 30, 2025 | -78.45% |
| Mar 31, 2025 | -53.99% |
| Dec 31, 2024 | -45.17% |
| Sep 30, 2024 | -134.64% |
| Jun 30, 2024 | -171.10% |
| Mar 31, 2024 | -80.87% |
| Dec 31, 2023 | -133.34% |
| Sep 30, 2023 | -80.78% |
| Jun 30, 2023 | -125.66% |
| Mar 31, 2023 | -208.60% |
| Dec 31, 2022 | -176.05% |
| Sep 30, 2022 | -116.61% |
| Jun 30, 2022 | -98.19% |
| Mar 31, 2022 | -94.52% |
| Dec 31, 2021 | -91.01% |
| Sep 30, 2021 | -70.55% |
API Access
Wave Life Sciences 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=WVE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "WVE", "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=WVE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();