Fortuna Mining (FSM) Return on Invested Capital (2011 - 2026)
Fortuna Mining's (FSM) quarterly Return on Invested Capital came in at 11.07% in Q1 2026, up 1104.0% YoY from 0.92% in Q1 2025, and up 10.31% on a QoQ basis from 10.03% in Q4 2025.
Fortuna Mining (FSM) Return on Invested Capital (2011 - 2026) Analysis & Trends
Fortuna Mining (FSM) has 16 years of Return on Invested Capital data on file, last reported at 11.07% in Q1 2026.
- Quarterly Return on Invested Capital rose 1104.0% year-over-year to 11.07% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 11.07% (up 1104.0% YoY) and the FY2025 annual result came in at 0.02%, up 1.0% from the prior year.
- Return on Invested Capital improved to 11.07% in Q1 2026, from 10.03% in the prior quarter.
- In the past five years, Return on Invested Capital ranged from a high of 11.07% in Q1 2026 to a low of 0.17% in Q1 2024.
- A 5-year average of 1.25% and a median of 0.0% in 2022 frame the typical range for Return on Invested Capital.
- Annual changes were most pronounced in 2024 — Return on Invested Capital slipped 22 bps — and 2026, when it jumped 1104 bps.
- Tracing FSM's Return on Invested Capital over 5 years: stood at 0.01% in 2022, then surged by 2995 bps to 0.24% in 2023, then tumbled by 91 bps to 0.02% in 2024, then surged by 44962 bps to 10.03% in 2025, then grew by 10 bps to 11.07% in 2026.
- The last three Return on Invested Capital figures came in at 11.07% (Q1 2026), 10.03% (Q4 2025), and 0.05% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 140.45 Bn | 131.44 Bn | 4.03 Bn | - |
| 2 | Agnico Eagle Mines | 108.80 Bn | 105.34 Bn | 2.43 Bn | - |
| 3 | Barrick Mining | 79.45 Bn | 73.52 Bn | 2.90 Bn | 0.00% |
| 4 | Wheaton Precious Metals | 71.58 Bn | 71.48 Bn | 687.86 Mn | 0.01% |
| 5 | AngloGold Ashanti | 61.94 Bn | 59.11 Bn | 1.70 Bn | 0.01% |
| 6 | Gold Fields | 42.71 Bn | 40.93 Bn | - | - |
| 7 | Pan American Silver | 22.35 Bn | 20.78 Bn | 457,000.00 | 0.00% |
| 8 | Royal Gold | 21.96 Bn | 21.77 Bn | 390.45 Mn | - |
| 9 | Coeur Mining | 21.68 Bn | 20.62 Bn | 535.85 Mn | 0.08% |
| 10 | Fortuna Mining | 3.66 Bn | 3.04 Bn | 183.46 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.07% |
| Dec 31, 2025 | 10.03% |
| Sep 30, 2025 | 0.05% |
| Jun 30, 2025 | 0.04% |
| Mar 31, 2025 | 0.03% |
| Dec 31, 2024 | 0.02% |
| Sep 30, 2024 | -0.03% |
| Jun 30, 2024 | -0.04% |
| Mar 31, 2024 | -0.17% |
| Dec 31, 2023 | 0.24% |
| Sep 30, 2023 | -0.01% |
| Jun 30, 2023 | -0.01% |
| Mar 31, 2023 | -0.01% |
| Dec 31, 2022 | -0.01% |
| Sep 30, 2022 | 0.00% |
| Jun 30, 2022 | 0.00% |
| Mar 31, 2022 | 0.00% |
| Dec 31, 2021 | 0.00% |
| Sep 30, 2021 | 0.00% |
| Jun 30, 2021 | 0.00% |