Aqua Metals (AQMS) Invested Capital (2014 - 2025)
Aqua Metals' Invested Capital was $14.77 million in Q4 2025, down 25.3% from $19.78 million a year earlier but up 126.5% from the prior quarter.
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Analysis
Aqua Metals (AQMS) Invested Capital (2014 - 2025) Analysis & Trends
From Q4 2014 onward, Aqua Metals has reported Invested Capital for 36 quarters.
- Invested Capital shows a five-year compound annual growth rate of -14.0% (FY2020 to FY2025).
- In earlier years, Invested Capital was $19.78 million in FY2024 (-31.8%), $29.02 million in FY2023 (+7.8%), $26.92 million in FY2022 (-2.2%) and $27.53 million in FY2021 (-12.5%).
- Quarterly Invested Capital has moved between $5.12 million (Q2 2025) and $37.44 million (Q1 2021) over five years.
- Compared with a year earlier, Invested Capital has declined for six straight quarters, with an average decline of 26.6% over the last eight quarters.
- The best year-over-year quarter for Invested Capital over five years was Q2 2024 (growth of 78.7%); the worst was Q2 2025 (a decline of 81.8%).
- Per Business Quant data, AQMS's Invested Capital in the three quarters before Q4 2025 was $6.52 million (Q3 2025), $5.12 million (Q2 2025) and $12.8 million (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 193.68 Bn | 159.81 Bn | - | 71.30 Bn |
| 2 | Southern Copper | 166.32 Bn | 145.19 Bn | 2.90 Bn | 20.70 Bn |
| 3 | Newmont | 120.84 Bn | 89.01 Bn | 4.03 Bn | 40.50 Bn |
| 4 | Ternium | 110.94 Bn | 75.99 Bn | 941.02 Mn | 24.55 Bn |
| 5 | Freeport-Mcmoran | 99.52 Bn | 95.67 Bn | 2.19 Bn | 41.61 Bn |
| 6 | Agnico Eagle Mines | 90.25 Bn | 90.25 Bn | 2.43 Bn | 28.80 Bn |
| 7 | Barrick Mining | 67.10 Bn | 51.84 Bn | 2.90 Bn | 36.87 Bn |
| 8 | Nucor | 53.52 Bn | 44.06 Bn | 2.03 Bn | 30.37 Bn |
| 9 | ArcelorMittal | 49.13 Bn | 30.16 Bn | - | 80.28 Bn |
| 10 | Aqua Metals | 8.47 Mn | 8.47 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 14.77 Mn |
| Sep 30, 2025 | 6.52 Mn |
| Jun 30, 2025 | 5.12 Mn |
| Mar 31, 2025 | 12.80 Mn |
| Dec 31, 2024 | 19.78 Mn |
| Sep 30, 2024 | 23.89 Mn |
| Jun 30, 2024 | 28.19 Mn |
| Mar 31, 2024 | 25.82 Mn |
| Dec 31, 2023 | 29.02 Mn |
| Sep 30, 2023 | 35.47 Mn |
| Jun 30, 2023 | 15.78 Mn |
| Mar 31, 2023 | 25.02 Mn |
| Dec 31, 2022 | 26.92 Mn |
| Sep 30, 2022 | 29.33 Mn |
| Dec 31, 2021 | 27.53 Mn |
| Sep 30, 2021 | 30.79 Mn |
| Jun 30, 2021 | 31.70 Mn |
| Mar 31, 2021 | 37.44 Mn |
| Dec 31, 2020 | 31.47 Mn |
| Sep 30, 2020 | 50.22 Mn |
API Access
Aqua Metals Invested Capital 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=invested-capital&ticker=AQMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "AQMS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=AQMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();