Aqua Metals (AQMS) Return on Capital Employed [ROCE] (2015 - 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.
Aqua Metals (AQMS) Return on Capital Employed [ROCE] (2015 - 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Nucor | 175.24 Bn | 165.01 Bn | 2.33 Bn | 16.32% |
| 2 | Rio Tinto | 166.15 Bn | 128.95 Bn | - | - |
| 3 | Southern Copper | 143.83 Bn | 118.64 Bn | 3.10 Bn | 45.35% |
| 4 | Rio Tinto | 137.31 Bn | 104.37 Bn | - | - |
| 5 | Newmont | 124.66 Bn | 89.98 Bn | 4.22 Bn | 10.69% |
| 6 | Ternium | 102.52 Bn | 75.29 Bn | 1.04 Bn | 7.47% |
| 7 | Agnico Eagle Mines | 95.19 Bn | 82.13 Bn | 2.15 Bn | 26.02% |
| 8 | Freeport-Mcmoran | 86.53 Bn | 83.18 Bn | 2.55 Bn | 13.78% |
| 9 | Barrick Mining | 66.50 Bn | 50.91 Bn | 2.71 Bn | 20.05% |
| 10 | Aqua Metals | 5.00 Mn | -20.96 Mn | - | -135.76% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -135.76% |
| Mar 31, 2026 | -126.97% |
| 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% |
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_KEY
import 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();