Novagold Resources (NG) Return on Invested Capital [ROIC] (2014 - 2025)
Novagold Resources (NG) reported Return on Invested Capital [ROIC] of -12.72% for fiscal Q3 2025 (quarter ended Aug 31, 2025), up 19.64 percentage points from -32.37% a year earlier.
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Analysis
Novagold Resources (NG) Return on Invested Capital [ROIC] (2014 - 2025) Analysis & Trends
For FY2015 (ended Nov 30, 2015), Novagold Resources posted Return on Invested Capital [ROIC] of -7.00%.
- The fiscal Q3 2025 figure ranks as the highest quarterly Return on Invested Capital [ROIC] since fiscal Q2 2020.
- Year over year, Return on Invested Capital [ROIC] gained in three of the last four quarters, with an average year-over-year change of +5.69 percentage points.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was fiscal Q3 2025 (a gain of 19.64 percentage points); the low point was fiscal Q1 2023 (a drop of 12.18 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Nucor | 175.24 Bn | 165.01 Bn | 2.33 Bn | 13.71% |
| 2 | Rio Tinto | 166.15 Bn | 128.95 Bn | - | - |
| 3 | Southern Copper | 143.83 Bn | 118.64 Bn | 3.10 Bn | 30.10% |
| 4 | Rio Tinto | 137.31 Bn | 104.37 Bn | - | - |
| 5 | Newmont | 124.66 Bn | 89.98 Bn | 4.22 Bn | 8.59% |
| 6 | Ternium | 102.52 Bn | 75.29 Bn | 1.04 Bn | 7.61% |
| 7 | Agnico Eagle Mines | 95.19 Bn | 82.13 Bn | 2.15 Bn | 21.64% |
| 8 | Freeport-Mcmoran | 86.53 Bn | 83.18 Bn | 2.55 Bn | 12.32% |
| 9 | Barrick Mining | 66.50 Bn | 50.91 Bn | 2.71 Bn | 22.01% |
| 10 | Novagold Resources | 2.73 Bn | 2.28 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2025 | -12.70% |
| May 31, 2025 | -17.22% |
| Feb 28, 2025 | -35.20% |
| Nov 30, 2024 | -35.35% |
| Aug 31, 2024 | -32.37% |
| May 31, 2024 | -31.53% |
| Feb 29, 2024 | -31.22% |
| Nov 30, 2023 | -30.79% |
| Aug 31, 2023 | -31.87% |
| May 31, 2023 | -33.78% |
| Feb 28, 2023 | -32.59% |
| Nov 30, 2022 | -30.57% |
| Aug 31, 2022 | -27.35% |
| May 31, 2022 | -24.08% |
| Feb 28, 2022 | -20.41% |
| Nov 30, 2021 | -18.64% |
| Aug 31, 2021 | -16.86% |
| May 31, 2021 | -16.01% |
| Feb 28, 2021 | -15.23% |
| Nov 30, 2020 | -14.61% |
API Access
Novagold Resources Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=NG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "NG", "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-invested-capital-%5Broic%5D&ticker=NG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();