Kinross Gold (KGC) Return on Capital Employed [ROCE] (2009 - 2026)
Kinross Gold (KGC) recorded Return on Capital Employed [ROCE] of 47.32% in Q2 2026, up 15.12 percentage points from 32.21% a year earlier and up 2.30 percentage points from the prior quarter.
Kinross Gold (KGC) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Kinross Gold reported Return on Capital Employed [ROCE] of 41.38%, up 25.41 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has increased for four straight years, with a five-year change of +8.25 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at 15.97% in FY2024 (+7.78 pp), 8.19% in FY2023 (+6.20 pp), 2.00% in FY2022 (+0.95 pp) and 1.04% in FY2021 (-32.08 pp).
- The Q2 2026 figure is the highest quarterly Return on Capital Employed [ROCE] in data going back to Q1 2009.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased for 15 consecutive quarters, with an average year-over-year change of +15.22 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 23.32 percentage points in Q3 2021, against a drop of 29.57 percentage points in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 45.03% (Q1 2026), 38.32% (Q4 2025) and 34.28% (Q3 2025).
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 | Kinross Gold | 28.88 Bn | 20.70 Bn | 1.29 Bn | 47.32% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 47.32% |
| Mar 31, 2026 | 45.03% |
| Dec 31, 2025 | 38.32% |
| Sep 30, 2025 | 34.28% |
| Jun 30, 2025 | 32.21% |
| Mar 31, 2025 | 26.29% |
| Dec 31, 2024 | 15.79% |
| Sep 30, 2024 | 18.31% |
| Jun 30, 2024 | 14.23% |
| Mar 31, 2024 | 13.58% |
| Dec 31, 2023 | 8.11% |
| Sep 30, 2023 | 7.29% |
| Jun 30, 2023 | 5.49% |
| Mar 31, 2023 | 2.69% |
| Dec 31, 2022 | 1.98% |
| Sep 30, 2022 | 2.18% |
| Jun 30, 2022 | 0.08% |
| Mar 31, 2022 | 0.47% |
| Dec 31, 2021 | 1.06% |
| Sep 30, 2021 | 17.72% |
Kinross Gold 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=KGC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "KGC", "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=KGC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();