Barrick Mining (B) Return on Capital Employed [ROCE] (2009 - 2026)
Barrick Mining (B) posted Return on Capital Employed [ROCE] of 23.46% for the quarter ended Jun 30, 2026, up 13.53 percentage points from 9.93% a year earlier and up 2.60 percentage points from the prior quarter.
Barrick Mining (B) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Barrick Mining's Return on Capital Employed [ROCE] came in at 16.23%, up 10.42 percentage points from the prior year.
- Annual Return on Capital Employed [ROCE] shows a five-year change of +7.52 percentage points (years ended Dec 2020 to Dec 2025).
- In prior years, Barrick Mining's Return on Capital Employed [ROCE] was 5.81% in the year ended Dec 31, 2024 (+2.83 pp), 2.98% in the year ended Dec 31, 2023 (-0.41 pp), 3.40% in the year ended Dec 31, 2022 (-4.60 pp) and 8.00% in the year ended Dec 31, 2021 (-0.71 pp).
- The figure for the quarter ended Jun 30, 2026 stands as the highest quarterly Return on Capital Employed [ROCE] since the quarter ended Mar 31, 2017.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased in each of the last ten quarters, with an average year-over-year change of +6.74 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was the quarter ended Jun 30, 2026, with a gain of 13.53 percentage points; the weakest was the quarter ended Dec 31, 2022, with a drop of 6.12 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was 20.86% (quarter ended Mar 31, 2026), 17.00% (quarter ended Dec 31, 2025) and 13.12% (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 | 167.53 Bn | 146.32 Bn | 2.90 Bn | 42.99% |
| 3 | Rio Tinto | 145.19 Bn | 105.69 Bn | - | - |
| 4 | Newmont | 125.76 Bn | 93.76 Bn | 4.03 Bn | 9.92% |
| 5 | Freeport-Mcmoran | 100.06 Bn | 84.10 Bn | 2.19 Bn | 13.20% |
| 6 | Agnico Eagle Mines | 94.12 Bn | 83.75 Bn | 2.43 Bn | 27.90% |
| 7 | Barrick Mining | 69.05 Bn | 44.25 Bn | 2.90 Bn | 22.21% |
| 8 | Nucor | 59.59 Bn | 48.98 Bn | 2.03 Bn | 13.42% |
| 9 | ArcelorMittal | 47.82 Bn | 26.84 Bn | - | 3.51% |
| 10 | AngloGold Ashanti | 46.49 Bn | 34.38 Bn | 1.70 Bn | 34.33% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.21% |
| Mar 31, 2026 | 20.28% |
| Dec 31, 2025 | 16.52% |
| Sep 30, 2025 | 14.15% |
| Jun 30, 2025 | 11.48% |
| Mar 31, 2025 | 11.26% |
| Dec 31, 2024 | 10.02% |
| Sep 30, 2024 | 8.88% |
| Jun 30, 2024 | 7.79% |
| Mar 31, 2024 | 7.58% |
| Dec 31, 2023 | 7.25% |
| Sep 30, 2023 | 7.08% |
| Jun 30, 2023 | 6.12% |
| Mar 31, 2023 | 7.10% |
| Dec 31, 2022 | 7.46% |
| Sep 30, 2022 | 9.56% |
| Jun 30, 2022 | 9.65% |
| Mar 31, 2022 | 10.26% |
| Dec 31, 2021 | 9.98% |
| Sep 30, 2021 | 12.74% |
Barrick Mining 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=B&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "B", "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=B&period=max&api_key=YOUR_API_KEY");
const data = await res.json();