McEwen (MUX) Return on Capital Employed [ROCE] (2011 - 2026)
McEwen (MUX) posted Return on Capital Employed [ROCE] of 6.82% for Q2 2026, up 10.55 percentage points from -3.73% a year earlier and up 0.37 percentage points from the prior quarter.
McEwen (MUX) Return on Capital Employed [ROCE] (2011 - 2026) Analysis & Trends
For FY2025, McEwen's Return on Capital Employed [ROCE] came in at 0.39%, up 8.64 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] shows a five-year change of +29.85 percentage points (FY2020 to FY2025).
- In prior years, McEwen's Return on Capital Employed [ROCE] was -8.25% in FY2024 (+20.54 pp), -28.79% in FY2023 (-7.24 pp), -21.55% in FY2022 (-7.58 pp) and -13.97% in FY2021 (+15.49 pp).
- The Q2 2026 figure stands as the highest quarterly Return on Capital Employed [ROCE] in data going back to Q3 2011.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased in each of the last nine quarters, with an average year-over-year change of +13.41 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was Q4 2021, with a gain of 20.09 percentage points; the weakest was Q3 2023, with a drop of 12.47 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was 6.44% (Q1 2026), 0.37% (Q4 2025) and -4.96% (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 | McEwen | 1.09 Bn | 778.55 Mn | 20.08 Mn | 6.82% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.82% |
| Mar 31, 2026 | 6.44% |
| Dec 31, 2025 | 0.37% |
| Sep 30, 2025 | -4.96% |
| Jun 30, 2025 | -3.73% |
| Mar 31, 2025 | -5.55% |
| Dec 31, 2024 | -8.18% |
| Sep 30, 2024 | -13.77% |
| Jun 30, 2024 | -18.73% |
| Mar 31, 2024 | -23.15% |
| Dec 31, 2023 | -27.70% |
| Sep 30, 2023 | -29.06% |
| Jun 30, 2023 | -24.14% |
| Mar 31, 2023 | -22.22% |
| Dec 31, 2022 | -21.08% |
| Sep 30, 2022 | -16.59% |
| Jun 30, 2022 | -16.66% |
| Mar 31, 2022 | -15.49% |
| Dec 31, 2021 | -13.39% |
| Sep 30, 2021 | -13.31% |
McEwen 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=MUX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "MUX", "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=MUX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();