Novagold Resources (NG) Return on Invested Capital (2015 - 2025)

Novagold Resources has reported Return on Invested Capital for 11 years, with the latest figure at 0.0% in Q3 2025.

• For the quarter ending Q3 2025, Return on Invested Capital changed 0.0% year-over-year to 0.0%; the trailing twelve-month figure through Aug 2025 stood at 0.0% (changed 0.0% YoY), and the FY2024 full-year result was 0.01%, up 1.0% from the prior year.
• Return on Invested Capital for Q3 2025 stood at 0.0%, up from 0.0% in the prior quarter.
• The five-year high for Return on Invested Capital was 0.03% in Q4 2023, with the low at 0.1% in Q3 2023.
• Historically, Return on Invested Capital has averaged 0.01% across 5 years, with a median of 0.0% in 2022.
• Annual changes were most pronounced in 2023 — Return on Invested Capital declined 9 bps — and 2024, when it rose 10 bps.
• Novagold Resources' Return on Invested Capital stood at 0.0% in 2021, then tumbled by 929 bps to 0.01% in 2022, then jumped by 327 bps to 0.03% in 2023, then tumbled by 114 bps to 0.0% in 2024, then surged by 78 bps to 0.0% in 2025.
• The last three Return on Invested Capital figures came in at 0.0% (Q3 2025), 0.0% (Q2 2025), and 0.0% (Q1 2025), per Business Quant data.