Novagold Resources (NG) Return on Capital Employed (2016 - 2026)
Novagold Resources (NG) posted Return on Capital Employed of 11.64% for Q1 2026, up 17.33% quarter-over-quarter from 14.09% in Q4 2025, and up 2275.0% year-on-year from 0.49% in Q1 2025.
Novagold Resources (NG) Return on Capital Employed (2016 - 2026) Analysis & Trends
Novagold Resources (NG) has reported Return on Capital Employed for 11 consecutive years, with 11.64% the latest figure, recorded in Q1 2026.
- Return on Capital Employed for Q1 2026 came in at 11.64%, up 2275.0% year-over-year; the trailing twelve-month figure through Feb 2026 was 11.64% (up 2275.0% YoY), and the FY2025 annual result was 21.7%, up 1064.0% from the prior year.
- Return on Capital Employed was 11.64% for Q1 2026 at Novagold Resources, up from 14.09% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 6.7% in Q1 2022 and troughed at 35.13% in Q4 2024.
- Average Return on Capital Employed over 5 years is 23.91%, with a median of 30.58% recorded in 2023.
- Year-over-year, Return on Capital Employed tumbled 2545 bps in 2023 and jumped 2275 bps in 2026.
- Over 5 years, Return on Capital Employed stood at 30.5% in 2022, then declined by 0 bps to 30.58% in 2023, then retreated by 15 bps to 35.13% in 2024, then surged by 60 bps to 14.09% in 2025, then grew by 17 bps to 11.64% in 2026.
- Per Business Quant data, the three most recent Return on Capital Employed figures were 11.64% in Q1 2026, 14.09% in Q4 2025, and 12.69% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | 9.05% |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | 41.57% |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 21.10% |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | - |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | - |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | - |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | 19.41% |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | - |
| 10 | Novagold Resources | 2.67 Bn | 2.67 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | -11.64% |
| Nov 30, 2025 | -14.09% |
| Aug 31, 2025 | -12.69% |
| May 31, 2025 | -17.23% |
| Feb 28, 2025 | -34.39% |
| Nov 30, 2024 | -35.13% |
| Aug 31, 2024 | -32.02% |
| May 31, 2024 | -31.55% |
| Feb 29, 2024 | -30.76% |
| Nov 30, 2023 | -30.58% |
| Aug 31, 2023 | -31.74% |
| May 31, 2023 | -33.66% |
| Feb 28, 2023 | -32.16% |
| Nov 30, 2022 | -30.50% |
| Aug 31, 2022 | -11.89% |
| May 31, 2022 | -9.66% |
| Feb 28, 2022 | -6.70% |
| Nov 30, 2021 | -5.53% |
| Aug 31, 2021 | -17.52% |
| May 31, 2021 | -16.56% |