TMC the metals (TMC) Return on Capital Employed (2021 - 2026)
TMC the metals' (TMC) quarterly Return on Capital Employed came in at 117.47% in Q4 2025, up 94845.0% YoY from N/an in Q4 2024, and down 34.43% on a QoQ basis from 87.39% in Q3 2025.
TMC the metals (TMC) Return on Capital Employed (2021 - 2026) Analysis & Trends
TMC the metals (TMC) has 5 years of Return on Capital Employed data on file, last reported at 117.47% in Q4 2025.
- Quarterly Return on Capital Employed rose 94845.0% year-over-year to 117.47% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 117.47% (up 94845.0% YoY) and the FY2025 annual result came in at 222.61%, up 48931.0% from the prior year.
- Return on Capital Employed slipped to 117.47% in Q4 2025, from 87.39% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 36.75% in Q2 2021 to a low of 2625.97% in Q3 2024.
- A 5-year average of 366.43% and a median of 135.1% in 2024 frame the typical range for Return on Capital Employed.
- Annual changes were most pronounced in 2024 — Return on Capital Employed sank 238444 bps — and 2025, when it jumped 253858 bps.
- Tracing TMC's Return on Capital Employed over 5 years: stood at 126.08% in 2021, then tumbled by 115 bps to 270.57% in 2022, then surged by 43 bps to 153.93% in 2023, then plunged by 592 bps to 1065.92% in 2024, then soared by 89 bps to 117.47% in 2025.
- The last three Return on Capital Employed figures came in at 117.47% (Q4 2025), 87.39% (Q3 2025), and 109.76% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 238.03 Bn | 208.58 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 32.48 Bn | 27.27 Bn | 1.21 Bn | 32.45% |
| 4 | MP Materials | 9.79 Bn | 7.32 Bn | 36.20 Mn | -3.52% |
| 5 | Almonty Industries | 5.05 Bn | 4.16 Bn | 18.87 Mn | - |
| 6 | Materion | 4.85 Bn | 4.83 Bn | 104.34 Mn | 7.96% |
| 7 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | - |
| 8 | USA Rare Earth | 3.94 Bn | 3.94 Bn | -1.58 Mn | -5.41% |
| 9 | Evolution Metals & Technologies | 2.06 Bn | 2.06 Bn | -115,000.00 | 45.90% |
| 10 | TMC the metals | 1.71 Bn | 1.61 Bn | - | -150.64% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -150.64% |
| Dec 31, 2025 | -117.47% |
| Sep 30, 2025 | -87.39% |
| Jun 30, 2025 | -109.76% |
| Mar 31, 2025 | -875.98% |
| Dec 31, 2024 | -1,065.92% |
| Sep 30, 2024 | -2,625.97% |
| Jun 30, 2024 | -144.12% |
| Mar 31, 2024 | -124.74% |
| Dec 31, 2023 | -153.93% |
| Sep 30, 2023 | -241.53% |
| Jun 30, 2023 | -207.22% |
| Mar 31, 2023 | -190.56% |
| Dec 31, 2022 | -270.57% |
| Mar 31, 2022 | -102.91% |
| Dec 31, 2021 | -126.08% |
| Sep 30, 2021 | -68.98% |
| Jun 30, 2021 | -36.75% |
| Mar 31, 2021 | -45.92% |