New Gold Inc. /FI (NGD) Return on Capital Employed (2010 - 2025)
New Gold (NGD) posted quarterly Return on Capital Employed of 48.28% for Q4 2025, up 3814.0% year-over-year from 1.23% in Q4 2024, and up 124.39% quarter-over-quarter from 21.52% in Q3 2025.
New Gold Inc. /FI (NGD) Return on Capital Employed (2010 - 2025) Analysis & Trends
New Gold (NGD) has reported Return on Capital Employed for 16 consecutive years, with 48.28% the latest figure, recorded in Q4 2025.
- In Q4 2025, Return on Capital Employed rose 3814.0% year-over-year to 48.28%; the TTM figure through Dec 2025 stood at 48.28% (up 3814.0% YoY), while the FY2025 annual figure was 52.29%, up 4293.0% from the prior year.
- Return on Capital Employed improved to 48.28% in Q4 2025 per NGD's latest filing, from 21.52% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 48.28% in Q4 2025 and bottomed at 0.76% in Q4 2022.
- Historically, Return on Capital Employed has averaged 7.88% across 5 years, with a median of 5.49% in 2021.
- Annual changes were most pronounced in 2022 — Return on Capital Employed slumped 699 bps — and 2025, when it jumped 3814 bps.
- New Gold's Return on Capital Employed stood at 6.24% in 2021, then sank by 112 bps to 0.76% in 2022, then surged by 501 bps to 3.03% in 2023, then jumped by 235 bps to 10.15% in 2024, then jumped by 376 bps to 48.28% in 2025.
- Business Quant data shows NGD's Return on Capital Employed at 48.28% in Q4 2025, 21.52% in Q3 2025, and 15.06% in Q2 2025.
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Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 48.28% |
| Sep 30, 2025 | 21.52% |
| Jun 30, 2025 | 15.06% |
| Mar 31, 2025 | 10.22% |
| Dec 31, 2024 | 10.15% |
| Sep 30, 2024 | 5.86% |
| Jun 30, 2024 | 3.45% |
| Mar 31, 2024 | 2.71% |
| Dec 31, 2023 | 3.03% |
| Sep 30, 2023 | 2.53% |
| Jun 30, 2023 | 0.69% |
| Mar 31, 2023 | -0.63% |
| Dec 31, 2022 | -0.76% |
| Sep 30, 2022 | 1.68% |
| Jun 30, 2022 | 3.74% |
| Mar 31, 2022 | 5.89% |
| Dec 31, 2021 | 6.24% |
| Sep 30, 2021 | 6.44% |
| Jun 30, 2021 | 6.31% |
| Mar 31, 2021 | 5.12% |