Barrick Mining (B) Return on Invested Capital [ROIC] (2009 - 2026)
Barrick Mining (B) recorded Return on Invested Capital [ROIC] of 29.31% in the quarter ended Jun 30, 2026, up 16.69 percentage points from 12.62% a year earlier and up 4.40 percentage points from the prior quarter.
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Analysis
Barrick Mining (B) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Barrick Mining reported Return on Invested Capital [ROIC] of 18.01%, up 11.87 percentage points from the prior year.
- Annual Return on Invested Capital [ROIC] has a five-year change of +10.86 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 6.15% in the year ended Dec 31, 2024 (+2.69 pp), 3.46% in the year ended Dec 31, 2023 (-0.17 pp), 3.63% in the year ended Dec 31, 2022 (-2.00 pp) and 5.63% in the year ended Dec 31, 2021 (-1.52 pp).
- The figure for the quarter ended Jun 30, 2026 is the highest quarterly Return on Invested Capital [ROIC] since the quarter ended Mar 31, 2017.
- On a year-over-year basis, Return on Invested Capital [ROIC] rose in seven of the last eight quarters, with an average year-over-year change of +6.37 percentage points.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 16.69 percentage points in the quarter ended Jun 30, 2026, against a drop of 16.54 percentage points in the quarter ended Mar 31, 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 24.91% (quarter ended Mar 31, 2026), 19.06% (quarter ended Dec 31, 2025) and 16.78% (quarter ended Sep 30, 2025).
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 | AngloGold Ashanti | 47.94 Bn | 37.61 Bn | 1.70 Bn | 29.77% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.31% |
| Mar 31, 2026 | 24.91% |
| Dec 31, 2025 | 19.06% |
| Sep 30, 2025 | 16.78% |
| Jun 30, 2025 | 12.62% |
| Mar 31, 2025 | 22.11% |
| Dec 31, 2024 | 19.22% |
| Sep 30, 2024 | 8.80% |
| Jun 30, 2024 | 7.72% |
| Mar 31, 2024 | 13.24% |
| Dec 31, 2023 | 12.60% |
| Sep 30, 2023 | 5.52% |
| Jun 30, 2023 | 5.16% |
| Mar 31, 2023 | 11.93% |
| Dec 31, 2022 | 14.20% |
| Sep 30, 2022 | 9.21% |
| Jun 30, 2022 | 9.79% |
| Mar 31, 2022 | 9.05% |
| Dec 31, 2021 | 10.85% |
| Sep 30, 2021 | 12.95% |
API Access
Barrick Mining 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=B&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=B&period=max&api_key=YOUR_API_KEY");
const data = await res.json();