Caledonia Mining (CMCL) Return on Equity [ROE] (2012 - 2026)
Caledonia Mining (CMCL) recorded Return on Equity [ROE] of 27.84% in the quarter ended Jun 30, 2026, up 4.92 percentage points from 22.91% a year earlier and up 0.59 percentage points from the prior quarter.
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Analysis
Caledonia Mining (CMCL) Return on Equity [ROE] (2012 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Caledonia Mining reported Return on Equity [ROE] of 27.36%, down 6747.97 percentage points from the prior year.
- Annual Return on Equity [ROE] has a five-year change of +7.42 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, Return on Equity [ROE] came in at 6775.33% in the year ended Dec 31, 2024 (+6777.86 pp), -2.53% in the year ended Dec 31, 2023 (-12.33 pp), 9.79% in the year ended Dec 31, 2022 (-5.71 pp) and 15.50% in the year ended Dec 31, 2021 (-4.44 pp).
- The figure for the quarter ended Jun 30, 2026 is the highest quarterly Return on Equity [ROE] since the quarter ended Mar 31, 2019.
- On a year-over-year basis, Return on Equity [ROE] has increased for three consecutive quarters, with an average year-over-year change of +11.52 percentage points over the last five quarters.
- Peak year-over-year performance for Return on Equity [ROE] in the last five years was a gain of 17.77 percentage points in the quarter ended Mar 31, 2025, against a drop of 19.17 percentage points in the quarter ended Sep 30, 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 27.25% (quarter ended Mar 31, 2026), 24.12% (quarter ended Dec 31, 2025) and 22.64% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Nucor | 175.24 Bn | 165.01 Bn | 2.33 Bn | 17.56% |
| 2 | Rio Tinto | 166.15 Bn | 128.95 Bn | - | - |
| 3 | Southern Copper | 143.83 Bn | 118.64 Bn | 3.10 Bn | 48.47% |
| 4 | Rio Tinto | 137.31 Bn | 104.37 Bn | - | - |
| 5 | Newmont | 124.66 Bn | 89.98 Bn | 4.22 Bn | 26.49% |
| 6 | Ternium | 102.52 Bn | 75.29 Bn | 1.04 Bn | 11.08% |
| 7 | Agnico Eagle Mines | 95.19 Bn | 82.13 Bn | 2.15 Bn | 21.20% |
| 8 | Freeport-Mcmoran | 86.53 Bn | 83.18 Bn | 2.55 Bn | 15.28% |
| 9 | Barrick Mining | 66.50 Bn | 50.91 Bn | 2.71 Bn | 29.77% |
| 10 | Caledonia Mining | 403.47 Mn | 39.91 Mn | 39.18 Mn | 25.28% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.28% |
| Mar 31, 2026 | 24.81% |
| Dec 31, 2025 | 23.06% |
| Sep 30, 2025 | 21.07% |
| Jun 30, 2025 | 19.11% |
| Mar 31, 2025 | 11.19% |
| Sep 30, 2024 | 5.61% |
| Jun 30, 2024 | 6.47% |
| Mar 31, 2024 | 0.85% |
| Dec 31, 2023 | -2.15% |
| Sep 30, 2023 | -3.84% |
| Jun 30, 2023 | -2.53% |
| Mar 31, 2023 | 2.69% |
| Dec 31, 2022 | 9.36% |
| Sep 30, 2022 | 15.33% |
| Jun 30, 2022 | 16.02% |
| Mar 31, 2022 | 13.86% |
| Dec 31, 2021 | 14.84% |
| Sep 30, 2021 | 16.21% |
| Jun 30, 2021 | 14.06% |
API Access
Caledonia Mining Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=CMCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "ticker": "CMCL", "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-equity-%5Broe%5D&ticker=CMCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();