Aqua Metals (AQMS) Return on Capital Employed (2017 - 2025)
Aqua Metals (AQMS) reported Return on Capital Employed of 218.51% for Q4 2025, down 9458.0% year-over-year from 2.33% in Q4 2024, and up 44.95% quarter-over-quarter from 396.9% in Q3 2025.
Aqua Metals (AQMS) Return on Capital Employed (2017 - 2025) Analysis & Trends
Aqua Metals (AQMS) has 9 years of Return on Capital Employed data on file, last reported at 218.51% in Q4 2025.
- Return on Capital Employed for Q4 2025 came in at 218.51%, down 9458.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 218.51% (down 9458.0% YoY), and the FY2025 annual result was 125.38%, down 1600.0% from the prior year.
- Return on Capital Employed advanced to 218.51% in Q4 2025 per AQMS's latest filing, from 396.9% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 45.26% in Q1 2021 and troughed at 396.9% in Q3 2025.
- A 5-year average of 113.46% and a median of 72.76% in 2023 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2021 and 2025: Return on Capital Employed jumped 1519 bps in 2021, then plunged 28304 bps in 2025.
- A 5-year view of Return on Capital Employed shows it stood at 55.94% in 2021, then declined by 27 bps to 71.02% in 2022, then fell by 4 bps to 73.74% in 2023, then plunged by 68 bps to 123.93% in 2024, then tumbled by 76 bps to 218.51% in 2025.
- Business Quant data shows AQMS's Return on Capital Employed at 218.51% in Q4 2025, 396.9% in Q3 2025, and 275.48% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | GFL Environmental | 252.38 Bn | 252.50 Bn | 218.62 Mn | -1.20% |
| 2 | Waste Connections | 40.24 Bn | 40.13 Bn | 1.01 Bn | 8.79% |
| 3 | Clean Harbors | 15.26 Bn | 14.59 Bn | 445.42 Mn | 10.40% |
| 4 | Casella Waste Systems | 5.57 Bn | 5.43 Bn | 148.40 Mn | 2.16% |
| 5 | Enviri | 1.71 Bn | 1.63 Bn | - | - |
| 6 | Onterris | 613.85 Mn | 602.80 Mn | - | - |
| 7 | American Battery Technology | 425.23 Mn | 386.75 Mn | 737,749.00 | -56.67% |
| 8 | Waste Management | 198.93 Mn | 41.93 Mn | 2.53 Bn | 10.85% |
| 9 | Perma Fix Environmental Services | 184.86 Mn | 164.86 Mn | -2.88 Mn | -9.76% |
| 10 | Aqua Metals | 4.97 Mn | 4.97 Mn | - | -218.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -218.51% |
| Sep 30, 2025 | -396.90% |
| Jun 30, 2025 | -275.48% |
| Mar 31, 2025 | -177.65% |
| Dec 31, 2024 | -123.93% |
| Sep 30, 2024 | -113.86% |
| Jun 30, 2024 | -109.60% |
| Mar 31, 2024 | -107.23% |
| Dec 31, 2023 | -73.74% |
| Sep 30, 2023 | -62.33% |
| Jun 30, 2023 | -67.11% |
| Mar 31, 2023 | -71.78% |
| Dec 31, 2022 | -71.02% |
| Sep 30, 2022 | -75.38% |
| Jun 30, 2022 | -59.52% |
| Mar 31, 2022 | -60.15% |
| Dec 31, 2021 | -55.94% |
| Sep 30, 2021 | -55.36% |
| Jun 30, 2021 | -48.47% |
| Mar 31, 2021 | -45.26% |