Cameco (CCJ) Return on Invested Capital [ROIC] (2009 - 2022)
Cameco (CCJ) reported Return on Invested Capital [ROIC] of 3.59% for the quarter ended Jun 30, 2026, down 12.05 percentage points from 15.64% a year earlier and down 3.41 percentage points from the prior quarter.
Cameco (CCJ) Return on Invested Capital [ROIC] (2009 - 2022) Analysis & Trends
For the year ended Dec 31, 2025, Cameco posted Return on Invested Capital [ROIC] of 5.97%, up 1.61 percentage points from the prior year.
- Return on Invested Capital [ROIC] has increased for four consecutive years, with a five-year change of +7.10 percentage points (years ended Dec 2020 to Dec 2025).
- By year, Return on Invested Capital [ROIC] came in at 4.37% in the year ended Dec 31, 2024 (+1.57 pp), 2.80% in the year ended Dec 31, 2023 (+2.59 pp), 0.21% in the year ended Dec 31, 2022 (+2.25 pp) and -2.05% in the year ended Dec 31, 2021 (-0.92 pp).
- The figure for the quarter ended Jun 30, 2026 ranks as the lowest quarterly Return on Invested Capital [ROIC] since the quarter ended Mar 31, 2022.
- Year over year, Return on Invested Capital [ROIC] has now declined in each of the last three quarters, with an average year-over-year change of -2.52 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was the quarter ended Mar 31, 2023 (a gain of 16.82 percentage points); the low point was the quarter ended Jun 30, 2026 (a drop of 12.05 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 6.99% (quarter ended Mar 31, 2026), 6.20% (quarter ended Dec 31, 2025) and 15.64% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Cameco | 34.23 Bn | 30.82 Bn | - | - |
| 2 | NexGen Energy | 5.38 Bn | 2.92 Bn | - | - |
| 3 | Core Natural Resources | 4.59 Bn | 2.83 Bn | 252.03 Mn | 1.92% |
| 4 | Warrior Met Coal | 4.53 Bn | 3.23 Bn | 169.64 Mn | 9.16% |
| 5 | Uranium Energy | 3.64 Bn | 2.05 Bn | 10.03 Mn | - |
| 6 | Alliance Resource Partners | 3.36 Bn | 3.06 Bn | 202.70 Mn | 12.91% |
| 7 | Peabody Energy | 2.79 Bn | 640.97 Mn | - | -4.65% |
| 8 | Alpha Metallurgical Resources | 2.08 Bn | 497.78 Mn | 49.19 Mn | -1.91% |
| 9 | Centrus Energy | 1.97 Bn | -5.36 Bn | 49.90 Mn | 0.91% |
| 10 | Energy Fuels | 1.88 Bn | -1.06 Bn | 14.42 Mn | -6.69% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | -0.09% |
| Mar 31, 2022 | -2.02% |
| Sep 30, 2021 | -3.07% |
| Jun 30, 2021 | -0.88% |
| Mar 31, 2021 | -2.05% |
| Sep 30, 2020 | 0.00% |
| Sep 30, 2016 | 0.00% |
| Jun 30, 2016 | -0.12% |
| Sep 30, 2015 | 0.00% |
| Jun 30, 2015 | 0.00% |
| Mar 31, 2015 | 0.00% |
| Dec 31, 2014 | 0.00% |
| Sep 30, 2014 | 0.00% |
| Jun 30, 2014 | 4.78% |
| Mar 31, 2014 | 4.34% |
| Dec 31, 2013 | 4.01% |
| Sep 30, 2013 | 4.39% |
| Jun 30, 2013 | 0.00% |
| Mar 31, 2013 | 0.93% |
| Dec 31, 2012 | 7.44% |
Cameco 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=CCJ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=CCJ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();