TMC the metals (TMC) Invested Capital (2024 - 2026)
TMC the metals' (TMC) quarterly Invested Capital came in at -$26.9 million in Q2 2026, down 131.0% on a YoY basis from $86.8 million in Q2 2025, and down 33.93% quarter-over-quarter from -$20.1 million in Q4 2025.
Analysis
TMC the metals (TMC) Invested Capital (2024 - 2026) Analysis & Trends
TMC the metals (TMC) has reported Invested Capital for 3 consecutive years, with -$26.9 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Invested Capital fell 131.0% year-over-year to -$26.9 million; the trailing twelve-month figure through Jun 2026 stood at -$26.9 million (down 131.0% YoY), and the FY2025 full-year result was -$20.1 million, down 412.38% from the prior year.
- Invested Capital retreated to -$26.9 million in Q2 2026 per TMC's latest filing, from -$20.1 million in the prior quarter.
- Across five years, Invested Capital topped out at $86.8 million in Q2 2025 and bottomed at -$26.9 million in Q2 2026.
- Historically, Invested Capital has averaged $6.9 million across 3 years, with a median of $2.1 million in 2024.
- The widest YoY moves for Invested Capital: up 3951.14% in 2025, down 412.38% in 2025.
- Over 3 years, Invested Capital stood at $6.4 million in 2024, then plunged by 412.38% to -$20.1 million in 2025, then slumped by 33.93% to -$26.9 million in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered -$26.9 million, -$20.1 million, and $86.8 million for Q2 2026, Q4 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 161.43 Bn | 154.17 Bn | 2.90 Bn | 20.70 Bn |
| 2 | Freeport-Mcmoran | 102.06 Bn | 110.09 Bn | 2.19 Bn | 42.83 Bn |
| 3 | Teck Resources | 32.44 Bn | 27.96 Bn | 1.21 Bn | 22.73 Bn |
| 4 | Carpenter Technology | 21.98 Bn | 21.59 Bn | 268.90 Mn | 2.92 Bn |
| 5 | Hudbay Minerals | 10.49 Bn | 9.90 Bn | 269.00 Mn | 5.76 Bn |
| 6 | Ero Copper | 3.70 Bn | 3.60 Bn | 121.42 Mn | 1.77 Bn |
| 7 | Almonty Industries | 3.22 Bn | 2.34 Bn | 18.87 Mn | 999.08 Mn |
| 8 | Nexa Resources | 1.77 Bn | 1.67 Bn | 257.20 Mn | - |
| 9 | TMC the metals | 1.73 Bn | 1.64 Bn | - | -26.91 Mn |
| 10 | Ivanhoe Electric | 1.67 Bn | 1.67 Bn | 368,000.00 | 565.76 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -26.91 Mn |
| Dec 31, 2025 | -20.09 Mn |
| Jun 30, 2025 | 86.82 Mn |
| Mar 31, 2025 | 3.19 Mn |
| Dec 31, 2024 | 6.43 Mn |
| Sep 30, 2024 | -3.12 Mn |
| Jun 30, 2024 | 2.14 Mn |