Incyte Return on Equity (ROE) Growth & History (INCY)
Incyte's return on equity was 29.87% for fiscal 2025.
View full Incyte company overviewIncyte annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 29.87% | +29.11 pp |
| 2024 | 2024-12-31 | 0.76% | −11.75 pp |
| 2023 | 2023-12-31 | 12.50% | +4.13 pp |
| 2022 | 2022-12-31 | 8.37% | −21.36 pp |
| 2021 | 2021-12-31 | 29.73% | +41.08 pp |
| 2020 | 2020-12-31 | −11.35% | −31.11 pp |
| 2019 | 2019-12-31 | 19.76% | +13.60 pp |
| 2018 | 2018-12-31 | 6.16% | +36.71 pp |
| 2017 | 2017-12-31 | −30.55% | −65.84 pp |
| 2016 | 2016-12-31 | 35.29% | — |
Incyte quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 9.79% | −0.55 pp |
| Q1 2026 | 2026-03-31 | 5.62% | +1.18 pp |
| Q4 2025 | 2025-12-31 | 6.10% | +0.02 pp |
| Q3 2025 | 2025-09-30 | 9.62% | +6.16 pp |
| Q2 2025 | 2025-06-30 | 10.33% | +20.93 pp |
| Q1 2025 | 2025-03-31 | 4.45% | +1.24 pp |
| Q4 2024 | 2024-12-31 | 6.08% | +2.11 pp |
| Q3 2024 | 2024-09-30 | 3.45% | −0.09 pp |
| Q2 2024 | 2024-06-30 | −10.60% | −15.02 pp |
| Q1 2024 | 2024-03-31 | 3.20% | +2.71 pp |
| Q4 2023 | 2023-12-31 | 3.97% | +3.31 pp |
| Q3 2023 | 2023-09-30 | 3.54% | +0.83 pp |
| Q2 2023 | 2023-06-30 | 4.42% | +0.36 pp |
| Q1 2023 | 2023-03-31 | 0.49% | −0.50 pp |
| Q4 2022 | 2022-12-31 | 0.66% | −15.64 pp |
| Q3 2022 | 2022-09-30 | 2.71% | −3.26 pp |
| Q2 2022 | 2022-06-30 | 4.06% | −1.22 pp |
| Q1 2022 | 2022-03-31 | 1.00% | −1.01 pp |
| Q4 2021 | 2021-12-31 | 16.30% | +10.31 pp |
| Q3 2021 | 2021-09-30 | 5.97% | +6.62 pp |
| Q2 2021 | 2021-06-30 | 5.28% | −8.28 pp |
| Q1 2021 | 2021-03-31 | 2.01% | +33.78 pp |
| Q4 2020 | 2020-12-31 | 5.99% | +1.57 pp |
| Q3 2020 | 2020-09-30 | −0.64% | −6.14 pp |
| Q2 2020 | 2020-06-30 | 13.56% | +8.70 pp |
| Q1 2020 | 2020-03-31 | −31.77% | −36.87 pp |
| Q4 2019 | 2019-12-31 | 4.42% | +0.72 pp |
| Q3 2019 | 2019-09-30 | 5.49% | +3.84 pp |
| Q2 2019 | 2019-06-30 | 4.86% | +1.74 pp |
| Q1 2019 | 2019-03-31 | 5.10% | +7.63 pp |
| Q4 2018 | 2018-12-31 | 3.70% | +12.54 pp |
| Q3 2018 | 2018-09-30 | 1.65% | −0.94 pp |
| Q2 2018 | 2018-06-30 | 3.12% | +4.37 pp |
| Q1 2018 | 2018-03-31 | −2.52% | +24.48 pp |
| Q4 2017 | 2017-12-31 | −8.83% | — |
| Q3 2017 | 2017-09-30 | 2.59% | — |
| Q2 2017 | 2017-06-30 | −1.25% | — |
| Q1 2017 | 2017-03-31 | −27.01% | — |
Incyte return on equity trends
Over the last five fiscal years, Incyte's return on equity increased from −11.35% to 29.87%, a change of +41.22 percentage points. The latest reported quarter, Q2 2026, shows 9.79%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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