Seabridge Gold (SA) Return on Capital Employed [ROCE] (2009 - 2026)
Seabridge Gold's Return on Capital Employed [ROCE] was 4.29% in Q2 2026, up 9.93 percentage points from -5.64% a year earlier and up 11.77 percentage points from the prior quarter.
Seabridge Gold (SA) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Return on Capital Employed [ROCE] at Seabridge Gold came in at -7.98%, down 4.73 percentage points from FY2024.
- Return on Capital Employed [ROCE] shows a five-year change of -4.81 percentage points (FY2020 to FY2025).
- In earlier years, Return on Capital Employed [ROCE] was -3.26% in FY2024 (+3.22 pp), -6.47% in FY2023 (-6.03 pp), -0.45% in FY2022 (-1.27 pp) and 0.82% in FY2021 (+3.99 pp).
- The Q2 2026 figure marks the highest quarterly Return on Capital Employed [ROCE] in data going back to Q4 2009.
- Compared with a year earlier, Return on Capital Employed [ROCE] was higher in four of the last eight quarters, with an average year-over-year change of +2.79 percentage points.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was Q1 2025 (a gain of 26.75 percentage points); the worst was Q1 2024 (a drop of 26.66 percentage points).
- Per Business Quant data, SA's Return on Capital Employed [ROCE] in the three quarters before Q2 2026 was -7.48% (Q1 2026), -6.23% (Q4 2025) and -2.78% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 193.68 Bn | 159.81 Bn | - | - |
| 2 | Southern Copper | 166.32 Bn | 145.19 Bn | 2.90 Bn | 42.99% |
| 3 | Newmont | 120.84 Bn | 89.01 Bn | 4.03 Bn | 9.92% |
| 4 | Ternium | 110.94 Bn | 75.99 Bn | 941.02 Mn | 7.19% |
| 5 | Freeport-Mcmoran | 99.52 Bn | 95.67 Bn | 2.19 Bn | 13.20% |
| 6 | Agnico Eagle Mines | 90.25 Bn | 90.25 Bn | 2.43 Bn | 42.05% |
| 7 | Barrick Mining | 67.10 Bn | 51.84 Bn | 2.90 Bn | 23.46% |
| 8 | Nucor | 53.52 Bn | 44.06 Bn | 2.03 Bn | 13.42% |
| 9 | ArcelorMittal | 49.13 Bn | 30.16 Bn | - | 3.51% |
| 10 | Seabridge Gold | 2.50 Bn | 2.50 Bn | - | 4.29% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.29% |
| Mar 31, 2026 | -7.48% |
| Dec 31, 2025 | -6.23% |
| Sep 30, 2025 | -2.78% |
| Jun 30, 2025 | -5.64% |
| Mar 31, 2025 | -0.42% |
| Dec 31, 2024 | -1.55% |
| Sep 30, 2024 | -1.75% |
| Jun 30, 2024 | 2.72% |
| Mar 31, 2024 | -27.17% |
| Dec 31, 2023 | -5.49% |
| Sep 30, 2023 | -4.61% |
| Jun 30, 2023 | -1.95% |
| Mar 31, 2023 | -0.51% |
| Dec 31, 2022 | -0.11% |
| Sep 30, 2022 | 1.89% |
| Jun 30, 2022 | 0.82% |
| Mar 31, 2022 | -0.02% |
| Dec 31, 2021 | 0.84% |
| Sep 30, 2021 | 0.28% |
Seabridge Gold Return on Capital Employed [ROCE] 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-capital-employed-%5Broce%5D&ticker=SA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "SA", "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-capital-employed-%5Broce%5D&ticker=SA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();