Aqua Metals AQMS
NASDAQ AQMS
$2.33 -0.06 (-2.51%)
At close: Oct 2, 2026 · 4:00 PM EDT

Aqua Metals (AQMS) Return on Invested Capital [ROIC] (2017 - 2025)

Updated

Aqua Metals (AQMS) posted Return on Invested Capital [ROIC] of -219.14% for Q4 2025, down 109.92 percentage points from -109.22% a year earlier but up 218.33 percentage points from the prior quarter.

Analysis

Aqua Metals (AQMS) Return on Invested Capital [ROIC] (2017 - 2025) Analysis & Trends

For FY2025, Aqua Metals' Return on Invested Capital [ROIC] came in at -135.06%, down 37.33 percentage points from FY2024.

  • Annual Return on Invested Capital [ROIC] shows a five-year change of -100.76 percentage points (FY2020 to FY2025).
  • In prior years, Aqua Metals' Return on Invested Capital [ROIC] was -97.73% in FY2024, -57.18% in FY2022 (+2.02 pp) and -59.20% in FY2021 (-24.90 pp).
  • Quarterly Return on Invested Capital [ROIC] has run from a low of -437.47% in Q3 2025 to a high of -45.06% in Q1 2021 over five years.
  • On a year-over-year basis, Return on Invested Capital [ROIC] has declined in each of the last three quarters.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 Rio Tinto 193.68 Bn 159.81 Bn - -
2 Southern Copper 171.36 Bn 150.22 Bn 2.90 Bn -
3 Newmont 121.76 Bn 89.94 Bn 4.03 Bn 7.86%
4 Ternium 113.51 Bn 78.56 Bn 941.02 Mn 4.89%
5 Freeport-Mcmoran 103.45 Bn 99.60 Bn 2.19 Bn 11.56%
6 Agnico Eagle Mines 91.92 Bn 91.92 Bn 2.43 Bn 35.18%
7 Barrick Mining 67.42 Bn 52.16 Bn 2.90 Bn 29.31%
8 Nucor 54.54 Bn 45.08 Bn 2.03 Bn 11.01%
9 ArcelorMittal 49.09 Bn 30.12 Bn - 3.54%
10 Aqua Metals 8.26 Mn 8.26 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 -219.14%
Sep 30, 2025 -437.47%
Jun 30, 2025 -308.17%
Dec 31, 2024 -109.22%
Sep 30, 2024 -104.97%
Jun 30, 2024 -100.24%
Dec 31, 2022 -55.35%
Dec 31, 2021 -59.90%
Sep 30, 2021 -55.74%
Jun 30, 2021 -46.87%
Mar 31, 2021 -45.06%
Dec 31, 2020 -37.69%
Sep 30, 2020 -42.27%
Jun 30, 2020 -55.21%
Dec 31, 2019 -65.79%
Sep 30, 2019 -61.69%
Jun 30, 2019 -60.47%
Mar 31, 2019 -65.92%
Dec 31, 2018 -55.45%
Sep 30, 2018 -39.61%
API Access

Aqua Metals Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=AQMS&period=max&api_key=YOUR_API_KEY