Zai Lab (ZLAB) Return on Capital Employed [ROCE] (2021 - 2026)
Zai Lab (ZLAB) recorded Return on Capital Employed [ROCE] of -40.22% in Q2 2026, down 10.72 percentage points from -29.50% a year earlier and down 7.49 percentage points from the prior quarter.
Zai Lab (ZLAB) Return on Capital Employed [ROCE] (2021 - 2026) Analysis & Trends
For FY2025, Zai Lab reported Return on Capital Employed [ROCE] of -30.07%, up 4.69 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has a five-year change of +11.36 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at -34.76% in FY2024 (+4.86 pp), -39.62% in FY2023 (-7.91 pp), -31.71% in FY2022 (+23.81 pp) and -55.52% in FY2021 (-14.09 pp).
- The Q2 2026 figure is the lowest quarterly Return on Capital Employed [ROCE] since Q3 2024.
- On a year-over-year basis, Return on Capital Employed [ROCE] rose in five of the last eight quarters, with an average year-over-year change of +5.06 percentage points.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 19.88 percentage points in Q3 2025, against a drop of 12.54 percentage points in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at -32.72% (Q1 2026), -30.61% (Q4 2025) and -28.43% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,082.65 Bn | 1,051.23 Bn | 19.71 Bn | 46.74% |
| 2 | Johnson & Johnson | 623.68 Bn | 542.21 Bn | 17.26 Bn | 17.83% |
| 3 | AbbVie | 459.43 Bn | 432.59 Bn | 12.70 Bn | 17.92% |
| 4 | Merck | 354.80 Bn | 309.23 Bn | 12.21 Bn | 6.28% |
| 5 | Novartis Ag | 269.16 Bn | 225.03 Bn | 11.24 Bn | 19.32% |
| 6 | Astrazeneca | 244.40 Bn | 217.97 Bn | 12.86 Bn | 9.54% |
| 7 | Amgen | 220.17 Bn | 175.57 Bn | 7.24 Bn | 16.66% |
| 8 | Gilead Sciences | 183.05 Bn | 157.16 Bn | 6.22 Bn | -5.97% |
| 9 | Pfizer | 160.27 Bn | 107.22 Bn | 10.94 Bn | 11.86% |
| 10 | Zai Lab | 2.86 Bn | 176.67 Mn | 58.15 Mn | -40.22% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -40.22% |
| Mar 31, 2026 | -32.72% |
| Dec 31, 2025 | -30.61% |
| Sep 30, 2025 | -28.43% |
| Jun 30, 2025 | -29.50% |
| Mar 31, 2025 | -31.19% |
| Dec 31, 2024 | -35.89% |
| Sep 30, 2024 | -48.31% |
| Jun 30, 2024 | -48.08% |
| Mar 31, 2024 | -44.79% |
| Dec 31, 2023 | -43.80% |
| Sep 30, 2023 | -35.77% |
| Jun 30, 2023 | -38.30% |
| Mar 31, 2023 | -36.81% |
| Dec 31, 2022 | -36.12% |
| Sep 30, 2022 | -43.74% |
| Jun 30, 2022 | -37.25% |
| Mar 31, 2022 | -39.47% |
| Dec 31, 2021 | -47.43% |
| Sep 30, 2021 | -33.90% |
Zai Lab 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=ZLAB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "ZLAB", "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=ZLAB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();