Electra Battery Materials (ELBM) Return on Capital Employed [ROCE] (2022 - 2026)
Electra Battery Materials' Return on Capital Employed [ROCE] was 9.94% in Q2 2026, down 11.72 percentage points from 21.66% a year earlier and down 1.20 percentage points from the prior quarter.
Electra Battery Materials (ELBM) Return on Capital Employed [ROCE] (2022 - 2026) Analysis & Trends
For FY2025, Return on Capital Employed [ROCE] at Electra Battery Materials came in at 20.78%, up 3.11 percentage points from FY2024.
- Return on Capital Employed [ROCE] shows a four-year change of +5.90 percentage points (FY2021 to FY2025).
- In earlier years, Return on Capital Employed [ROCE] was 17.67% in FY2024 (+5.57 pp), 12.10% in FY2023 (-1.13 pp), 13.23% in FY2022 (-1.65 pp) and 14.88% in FY2021.
- The Q2 2026 figure marks the lowest quarterly Return on Capital Employed [ROCE] in data going back to Q3 2022.
- Compared with a year earlier, Return on Capital Employed [ROCE] was higher in three of the last five quarters, with an average year-over-year change of -2.20 percentage points.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was Q1 2025 (a gain of 4.77 percentage points); the worst was Q3 2023 (a drop of 22.19 percentage points).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 193.68 Bn | 159.81 Bn | - | - |
| 2 | Southern Copper | 171.36 Bn | 150.22 Bn | 2.90 Bn | 42.99% |
| 3 | Newmont | 121.76 Bn | 89.94 Bn | 4.03 Bn | 9.92% |
| 4 | Ternium | 113.51 Bn | 78.56 Bn | 941.02 Mn | 7.19% |
| 5 | Freeport-Mcmoran | 103.45 Bn | 99.60 Bn | 2.19 Bn | 13.20% |
| 6 | Agnico Eagle Mines | 91.92 Bn | 91.92 Bn | 2.43 Bn | 42.05% |
| 7 | Barrick Mining | 67.42 Bn | 52.16 Bn | 2.90 Bn | 23.46% |
| 8 | Nucor | 54.54 Bn | 45.08 Bn | 2.03 Bn | 13.42% |
| 9 | ArcelorMittal | 49.09 Bn | 30.12 Bn | - | 3.51% |
| 10 | Electra Battery Materials | 16.05 Mn | 16.05 Mn | - | 9.94% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.94% |
| Mar 31, 2026 | 11.14% |
| Jun 30, 2025 | 21.66% |
| Mar 31, 2025 | 20.74% |
| Dec 31, 2024 | 15.82% |
| Sep 30, 2024 | 15.35% |
| Mar 31, 2024 | 15.97% |
| Dec 31, 2023 | 11.31% |
| Sep 30, 2023 | 14.32% |
| Jun 30, 2023 | 15.85% |
| Mar 31, 2023 | 16.83% |
| Dec 31, 2022 | 13.52% |
| Sep 30, 2022 | 36.51% |
Electra Battery Materials 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=ELBM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=ELBM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();