Novagold Resources (NG) Return on Capital Employed (2016 - 2026)
Novagold Resources' (NG) quarterly Return on Capital Employed came in at 11.64% in Q1 2026, up 2275.0% YoY from 0.49% in Q1 2025, and up 17.33% on a QoQ basis from 14.09% in Q4 2025.
Novagold Resources (NG) Return on Capital Employed (2016 - 2026) Analysis & Trends
Novagold Resources (NG) has 11 years of Return on Capital Employed data on file, last reported at 11.64% in Q1 2026.
- Quarterly Return on Capital Employed rose 2275.0% year-over-year to 11.64% in Q1 2026, while the trailing twelve-month figure through Feb 2026 was 11.64% (up 2275.0% YoY) and the FY2025 annual result came in at 21.7%, up 1064.0% from the prior year.
- Return on Capital Employed grew to 11.64% in Q1 2026, from 14.09% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 11.64% in Q1 2026 to a low of 35.13% in Q4 2024.
- A 5-year average of 26.45% and a median of 30.58% in 2023 frame the typical range for Return on Capital Employed.
- Annual changes were most pronounced in 2023 — Return on Capital Employed tumbled 1190 bps — and 2026, when it surged 2275 bps.
- Tracing NG's Return on Capital Employed over 5 years: stood at 30.5% in 2022, then decreased by 0 bps to 30.58% in 2023, then dropped by 15 bps to 35.13% in 2024, then surged by 60 bps to 14.09% in 2025, then gained by 17 bps to 11.64% in 2026.
- The last three Return on Capital Employed figures came in at 11.64% (Q1 2026), 14.09% (Q4 2025), and 12.69% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 139.67 Bn | 130.67 Bn | 4.03 Bn | 9.92% |
| 2 | Agnico Eagle Mines | 108.78 Bn | 105.32 Bn | 2.43 Bn | 24.13% |
| 3 | Barrick Mining | 78.92 Bn | 72.99 Bn | 2.90 Bn | 11.06% |
| 4 | Wheaton Precious Metals | 70.58 Bn | 70.48 Bn | 687.86 Mn | 23.16% |
| 5 | AngloGold Ashanti | 61.27 Bn | 58.44 Bn | 1.70 Bn | 18.19% |
| 6 | Gold Fields | 43.11 Bn | 41.33 Bn | - | - |
| 7 | Pan American Silver | 22.17 Bn | 20.60 Bn | 457,000.00 | - |
| 8 | Coeur Mining | 21.83 Bn | 20.78 Bn | 535.85 Mn | 9.10% |
| 9 | Royal Gold | 21.78 Bn | 21.60 Bn | 390.45 Mn | 10.17% |
| 10 | Novagold Resources | 3.84 Bn | 3.84 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 | -27.22% |
| May 31, 2022 | -24.00% |
| Feb 28, 2022 | -20.26% |
| Nov 30, 2021 | -18.68% |
| Aug 31, 2021 | -17.52% |
| May 31, 2021 | -16.56% |