AngloGold Ashanti (AU) Return on Capital Employed [ROCE] (2024 - 2026)
AngloGold Ashanti (AU) posted Return on Capital Employed [ROCE] of 26.39% for the quarter ended Jun 30, 2026, up 18.33 percentage points from 8.06% a year earlier but down 5.24 percentage points from the prior quarter.
AngloGold Ashanti (AU) Return on Capital Employed [ROCE] (2024 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, AngloGold Ashanti's Return on Capital Employed [ROCE] came in at 9.70%, up 18.86 percentage points from the prior year.
- Annual Return on Capital Employed [ROCE] shows a three-year change of -10.32 percentage points (years ended Dec 2022 to Dec 2025).
- In prior years, AngloGold Ashanti's Return on Capital Employed [ROCE] was -9.16% in the year ended Dec 31, 2024 (+17.75 pp), -26.91% in the year ended Dec 31, 2023 (-46.94 pp) and 20.03% in the year ended Dec 31, 2022.
- Quarterly Return on Capital Employed [ROCE] has run from a low of -17.28% in the quarter ended Jun 30, 2024 to a high of 31.64% in the quarter ended Mar 31, 2026 over five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased in each of the last six quarters, with an average year-over-year change of +19.89 percentage points over the last six quarters.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was 31.64% (quarter ended Mar 31, 2026), 16.84% (quarter ended Dec 31, 2025) and 10.56% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 151.68 Bn | 130.46 Bn | 2.90 Bn | 42.99% |
| 3 | Rio Tinto | 135.32 Bn | 95.82 Bn | - | - |
| 4 | Newmont | 115.44 Bn | 80.59 Bn | 4.22 Bn | 10.69% |
| 5 | Freeport-Mcmoran | 93.70 Bn | 77.74 Bn | 2.19 Bn | 13.20% |
| 6 | Agnico Eagle Mines | 87.06 Bn | 76.69 Bn | 2.43 Bn | 27.90% |
| 7 | Barrick Mining | 65.10 Bn | 40.30 Bn | 2.90 Bn | 22.21% |
| 8 | Nucor | 60.06 Bn | 49.44 Bn | 2.03 Bn | 13.42% |
| 9 | ArcelorMittal | 45.47 Bn | 24.49 Bn | - | 3.51% |
| 10 | AngloGold Ashanti | 42.46 Bn | 30.35 Bn | 1.70 Bn | 34.33% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.33% |
| Dec 31, 2025 | 22.43% |
| Sep 30, 2025 | 15.87% |
| Jun 30, 2025 | 14.05% |
| Mar 31, 2025 | 9.41% |
| Dec 31, 2024 | -1.36% |
| Sep 30, 2024 | -5.19% |
| Jun 30, 2024 | -9.88% |
| Mar 31, 2024 | -11.17% |
AngloGold Ashanti 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=AU&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "AU", "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=AU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();