Cameco (CCJ) Return on Capital Employed [ROCE] (2009 - 2026)
Cameco (CCJ) reported Return on Capital Employed [ROCE] of 3.55% for the quarter ended Jun 30, 2026, down 10.27 percentage points from 13.82% a year earlier and down 3.19 percentage points from the prior quarter.
Cameco (CCJ) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Cameco posted Return on Capital Employed [ROCE] of 6.77%, up 0.97 percentage points from the prior year.
- Return on Capital Employed [ROCE] has increased for four consecutive years, with a five-year change of +7.69 percentage points (years ended Dec 2020 to Dec 2025).
- By year, Return on Capital Employed [ROCE] came in at 5.79% in the year ended Dec 31, 2024 (+2.37 pp), 3.43% in the year ended Dec 31, 2023 (+3.25 pp), 0.18% in the year ended Dec 31, 2022 (+1.88 pp) and -1.70% in the year ended Dec 31, 2021 (-0.78 pp).
- The figure for the quarter ended Jun 30, 2026 ranks as the lowest quarterly Return on Capital Employed [ROCE] since the quarter ended Mar 31, 2022.
- Year over year, Return on Capital Employed [ROCE] has now declined in each of the last three quarters, with an average year-over-year change of -2.74 percentage points over the last eight quarters.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was the quarter ended Mar 31, 2023 (a gain of 14.72 percentage points); the low point was the quarter ended Jun 30, 2026 (a drop of 10.27 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 6.74% (quarter ended Mar 31, 2026), 6.09% (quarter ended Dec 31, 2025) and 13.54% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Cameco | 37.30 Bn | 33.09 Bn | 190.14 Mn | 3.55% |
| 2 | NexGen Energy | 5.87 Bn | 3.39 Bn | - | -14.00% |
| 3 | Warrior Met Coal | 4.70 Bn | 3.40 Bn | 169.64 Mn | 8.72% |
| 4 | Uranium Energy | 4.65 Bn | 3.07 Bn | 10.03 Mn | -9.56% |
| 5 | Core Natural Resources | 4.37 Bn | 2.60 Bn | 252.03 Mn | 1.49% |
| 6 | Alliance Resource Partners | 3.13 Bn | 2.83 Bn | 202.70 Mn | 12.26% |
| 7 | Peabody Energy | 3.01 Bn | 866.49 Mn | - | -4.68% |
| 8 | Energy Fuels | 2.68 Bn | -258.69 Mn | 14.42 Mn | -6.60% |
| 9 | Centrus Energy | 2.68 Bn | -4.65 Bn | 49.90 Mn | 0.36% |
| 10 | Alpha Metallurgical Resources | 2.16 Bn | 580.61 Mn | 49.19 Mn | -2.22% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.55% |
| Mar 31, 2026 | 6.74% |
| Dec 31, 2025 | 6.09% |
| Sep 30, 2025 | 13.54% |
| Jun 30, 2025 | 13.82% |
| Mar 31, 2025 | 13.84% |
| Dec 31, 2024 | 14.57% |
| Sep 30, 2024 | 12.37% |
| Jun 30, 2024 | 12.23% |
| Mar 31, 2024 | 13.62% |
| Dec 31, 2023 | 13.92% |
| Sep 30, 2023 | 12.04% |
| Jun 30, 2023 | 9.90% |
| Mar 31, 2023 | 11.43% |
| Dec 31, 2022 | 11.04% |
| Sep 30, 2022 | -0.19% |
| Jun 30, 2022 | -0.17% |
| Mar 31, 2022 | -2.35% |
| Sep 30, 2021 | -3.08% |
| Jun 30, 2021 | -3.19% |
Cameco 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=CCJ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "CCJ", "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=CCJ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();