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Exelixis EXEL Return on invested capital

Return on invested capital at other companies

Eli Lilly logo
Eli LillyLLY
39.7%+10.3pp
Pfizer logo
PfizerPFE
6%
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Kura OncologyKURA
-149.3%-301pp
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Tango TherapeuticsTNGX
-57.7%-11.3pp
Immunome logo
ImmunomeIMNM
-746.6%+212pp
Arcus Biosciences logo
Arcus BiosciencesRCUS
-116%+139pp

Other financials

Income statement

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Revenue$628.7M+10.6%
Gross profit$608.0M+10.8%
Operating income$248.4M+16.3%
Net income$212.1M+14.7%
EPS (diluted)$0.82+26.2%

Balance sheet

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Cash & equivalents$281.4M+71.2%
Total debt$165.9M-7.7%
Total equity$1.8B-9.3%
Total assets$2.5B-6.9%

Cash flow

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Operating cash flow$307.7M+528%
CapEx$6.8M+140%
Free cash flow$300.9M+552%

Valuation

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Market cap$14.25B+40.4%
Enterprise value$14.14B+39.0%
P/E16.6×-0.3×
P/S5.9×+1.3×

Profitability

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Gross margin96.5%-0.1pp
Operating margin39.9%+8.5pp
Net margin35.3%+8.3pp
FCF margin48.1%+14.3pp

Returns & leverage

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Return on equity44.4%+15.4pp
Debt / equity0.1×0.0×
Current ratio3.5×-0.1×

Where this comes from

Calculated from Exelixis’s reported figures.

Based on trailing twelve months.

The source filing: Exelixis’s 10-Q, filed August 5, 2026. Open the filing →

Filed
Aug 5, 2026, 4:13 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q3 2026
Accession
0000939767-26-000098

FAQ

What is Exelixis's return on invested capital?
Exelixis (EXEL) reported return on invested capital of 51.4% in Q2 2026.
How has Exelixis's return on invested capital changed year-over-year?
Exelixis's return on invested capital increased by 53.2% year-over-year, from 33.6% to 51.4%.
What is the long-term trend for Exelixis's return on invested capital?
Over 4 years (2020 to 2025), Exelixis's return on invested capital has grown at a 62.3% compound annual growth rate (CAGR), from 6.1% to 42.3%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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