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 | 170.99 Bn | 133.79 Bn | - | - |
| 2 | Southern Copper | 138.52 Bn | 113.25 Bn | 3.10 Bn | - |
| 3 | Rio Tinto | 135.90 Bn | 96.73 Bn | - | - |
| 4 | Newmont | 126.75 Bn | 91.89 Bn | 4.22 Bn | 8.59% |
| 5 | Ternium | 96.55 Bn | 64.81 Bn | 1.04 Bn | 8.46% |
| 6 | Agnico Eagle Mines | 96.18 Bn | 83.12 Bn | 2.15 Bn | 21.64% |
| 7 | Freeport-Mcmoran | 85.33 Bn | 69.37 Bn | 2.19 Bn | 11.56% |
| 8 | Barrick Mining | 69.13 Bn | 44.33 Bn | 2.90 Bn | 24.82% |
| 9 | Nucor | 55.83 Bn | 45.21 Bn | 2.03 Bn | 11.01% |
| 10 | AngloGold Ashanti | 47.25 Bn | 34.55 Bn | 1.30 Bn | 51.04% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.82% |
| Mar 31, 2026 | 23.09% |
| Dec 31, 2025 | 17.24% |
| Sep 30, 2025 | 13.32% |
| Jun 30, 2025 | 9.73% |
| Mar 31, 2025 | 7.98% |
| Dec 31, 2024 | 6.58% |
| Sep 30, 2024 | 6.29% |
| Jun 30, 2024 | 5.33% |
| Mar 31, 2024 | 4.61% |
| Dec 31, 2023 | 4.38% |
| Sep 30, 2023 | 0.00% |
| Jun 30, 2023 | 0.00% |
| Mar 31, 2023 | 0.00% |
| Dec 31, 2022 | 2.14% |
| Sep 30, 2022 | 5.48% |
| Jun 30, 2022 | 6.79% |
| Mar 31, 2022 | 6.18% |
| Dec 31, 2021 | 6.93% |
| Sep 30, 2021 | 8.85% |
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();