AngloGold Ashanti (AU) Return on Invested Capital [ROIC] (2024 - 2026)
AngloGold Ashanti's Return on Invested Capital [ROIC] came in at 29.77% for the quarter ended Jun 30, 2026, up 20.66 percentage points from 9.11% a year earlier and up 3.68 percentage points from the prior quarter.
AngloGold Ashanti (AU) Return on Invested Capital [ROIC] (2024 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, AngloGold Ashanti's Return on Invested Capital [ROIC] was 10.81%, up 21.03 percentage points from the prior year.
- Return on Invested Capital [ROIC] carries a three-year change of -12.84 percentage points (years ended Dec 2022 to Dec 2025).
- Going back by year, Return on Invested Capital [ROIC] was -10.22% in the year ended Dec 31, 2024 (+20.37 pp), -30.59% in the year ended Dec 31, 2023 (-54.24 pp) and 23.65% in the year ended Dec 31, 2022.
- The figure for the quarter ended Jun 30, 2026 represents the highest quarterly Return on Invested Capital [ROIC] in data going back to the quarter ended Mar 31, 2024.
- Year-over-year, Return on Invested Capital [ROIC] has increased for six consecutive quarters, with an average year-over-year change of +20.27 percentage points over the last six quarters.
- Business Quant data shows AU's Return on Invested Capital [ROIC] at 26.09% (quarter ended Mar 31, 2026), 19.05% (quarter ended Dec 31, 2025) and 12.88% (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
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 | AngloGold Ashanti | 47.94 Bn | 37.61 Bn | 1.70 Bn | 29.77% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.77% |
| Mar 31, 2026 | 26.09% |
| Dec 31, 2025 | 19.05% |
| Sep 30, 2025 | 12.88% |
| Jun 30, 2025 | 9.11% |
| Mar 31, 2025 | 2.63% |
| Dec 31, 2024 | -1.13% |
| Sep 30, 2024 | -6.51% |
| Jun 30, 2024 | -11.13% |
| Mar 31, 2024 | -15.07% |
AngloGold Ashanti 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=AU&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=AU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();