Aqua Metals (AQMS) Return on Capital Employed [ROCE] (2017 - 2026)
Aqua Metals (AQMS) recorded Return on Capital Employed [ROCE] of -144.28% in Q2 2026, up 131.20 percentage points from -275.48% a year earlier.
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Analysis
Aqua Metals (AQMS) Return on Capital Employed [ROCE] (2017 - 2026) Analysis & Trends
For FY2025, Aqua Metals reported Return on Capital Employed [ROCE] of -125.38%, down 16.00 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has declined for five straight years, with a five-year change of -93.87 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at -109.39% in FY2024 (-24.85 pp), -84.54% in FY2023 (-10.68 pp), -73.86% in FY2022 (-15.89 pp) and -57.97% in FY2021 (-26.46 pp).
- The Q2 2026 figure is the highest quarterly Return on Capital Employed [ROCE] since Q4 2024.
- On a year-over-year basis, Return on Capital Employed [ROCE] rose in 1 of the last seven quarters, with an average year-over-year change of -83.46 percentage points.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 131.20 percentage points in Q2 2026, against a drop of 282.87 percentage points in Q3 2025 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 193.68 Bn | 159.81 Bn | - | - |
| 2 | Southern Copper | 171.36 Bn | 150.22 Bn | 2.90 Bn | 42.99% |
| 3 | Newmont | 121.76 Bn | 89.94 Bn | 4.03 Bn | 9.92% |
| 4 | Ternium | 113.51 Bn | 78.56 Bn | 941.02 Mn | 7.19% |
| 5 | Freeport-Mcmoran | 103.45 Bn | 99.60 Bn | 2.19 Bn | 13.20% |
| 6 | Agnico Eagle Mines | 91.92 Bn | 91.92 Bn | 2.43 Bn | 42.05% |
| 7 | Barrick Mining | 67.42 Bn | 52.16 Bn | 2.90 Bn | 23.46% |
| 8 | Nucor | 54.54 Bn | 45.08 Bn | 2.03 Bn | 13.42% |
| 9 | ArcelorMittal | 49.09 Bn | 30.12 Bn | - | 3.51% |
| 10 | Aqua Metals | 8.26 Mn | 8.26 Mn | - | -144.28% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -144.28% |
| 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 | -114.02% |
| Jun 30, 2024 | -109.81% |
| 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% |
API Access
Aqua Metals 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=AQMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=AQMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();