Electra Battery Materials (ELBM) Invested Capital (2021 - 2026)
Electra Battery Materials' Invested Capital was $74.35 million in Q2 2026, up 75.6% from $42.35 million a year earlier and up 15.1% from the prior quarter.
Electra Battery Materials (ELBM) Invested Capital (2021 - 2026) Analysis & Trends
For FY2025, Invested Capital at Electra Battery Materials came in at $36.82 million, down 30.1% from FY2024.
- Invested Capital has now declined for three consecutive years, with a four-year compound annual growth rate of -17.7% (FY2021 to FY2025).
- In earlier years, Invested Capital was $52.69 million in FY2024 (-44.3%), $94.65 million in FY2023 (-21.1%), $119.95 million in FY2022 (+49.3%) and $80.36 million in FY2021.
- The Q2 2026 figure marks the highest quarterly Invested Capital since Q4 2023.
- Compared with a year earlier, Invested Capital was higher in two of the last eight quarters, with an average decline of 11.3%.
- The best year-over-year quarter for Invested Capital over five years was Q2 2026 (growth of 75.6%); the worst was Q3 2024 (a decline of 62.0%).
- Per Business Quant data, ELBM's Invested Capital in the three quarters before Q2 2026 was $64.6 million (Q1 2026), $36.89 million (Q4 2025) and $38.54 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 193.68 Bn | 159.81 Bn | - | 71.30 Bn |
| 2 | Southern Copper | 171.36 Bn | 150.22 Bn | 2.90 Bn | 20.70 Bn |
| 3 | Newmont | 121.76 Bn | 89.94 Bn | 4.03 Bn | 40.50 Bn |
| 4 | Ternium | 113.51 Bn | 78.56 Bn | 941.02 Mn | 24.55 Bn |
| 5 | Freeport-Mcmoran | 103.45 Bn | 99.60 Bn | 2.19 Bn | 41.61 Bn |
| 6 | Agnico Eagle Mines | 91.92 Bn | 91.92 Bn | 2.43 Bn | 28.80 Bn |
| 7 | Barrick Mining | 67.42 Bn | 52.16 Bn | 2.90 Bn | 36.87 Bn |
| 8 | Nucor | 54.54 Bn | 45.08 Bn | 2.03 Bn | 30.37 Bn |
| 9 | ArcelorMittal | 49.09 Bn | 30.12 Bn | - | 80.28 Bn |
| 10 | Electra Battery Materials | 16.05 Mn | 16.05 Mn | - | 74.35 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 74.35 Mn |
| Mar 31, 2026 | 64.60 Mn |
| Dec 31, 2025 | 36.89 Mn |
| Sep 30, 2025 | 38.54 Mn |
| Jun 30, 2025 | 42.35 Mn |
| Mar 31, 2025 | 43.08 Mn |
| Dec 31, 2024 | 51.64 Mn |
| Sep 30, 2024 | 53.62 Mn |
| Jun 30, 2024 | 56.36 Mn |
| Mar 31, 2024 | 59.27 Mn |
| Dec 31, 2023 | 93.80 Mn |
| Sep 30, 2023 | 141.07 Mn |
| Jun 30, 2023 | 91.79 Mn |
| Mar 31, 2023 | 42.69 Mn |
| Dec 31, 2022 | 114.89 Mn |
| Sep 30, 2022 | 88.77 Mn |
| Dec 31, 2021 | 79.90 Mn |
Electra Battery Materials Invested Capital 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=invested-capital&ticker=ELBM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "ELBM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=ELBM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();