TMC the metals (TMCWW) Return on Capital Employed (2021 - 2025)

TMC the metals (TMCWW) reported Return on Capital Employed of 117.47% for Q4 2025, up 94845.0% on a YoY basis from N/an in Q4 2024, and down 34.43% quarter-over-quarter from 87.39% in Q3 2025.

TMC the metals (TMCWW) Return on Capital Employed (2021 - 2025) Analysis & Trends

TMC the metals has reported Return on Capital Employed for 5 years, with the latest figure at 117.47% in Q4 2025.

  • For the quarter ending Q4 2025, Return on Capital Employed rose 94845.0% year-over-year to 117.47%; the trailing twelve-month figure through Dec 2025 stood at 117.47% (up 94845.0% YoY), and the FY2025 full-year result was 222.61%, up 48931.0% from the prior year.
  • Return on Capital Employed for Q4 2025 stood at 117.47%, down from 87.39% in the prior quarter.
  • The five-year high for Return on Capital Employed was 34.95% in Q3 2023, with the low at 1216.29% in Q3 2024.
  • Historically, Return on Capital Employed has averaged 233.46% across 5 years, with a median of 69.82% in 2022.
  • Annual changes were most pronounced in 2024 — Return on Capital Employed tumbled 118134 bps — and 2025, when it surged 112890 bps.
  • TMC the metals' Return on Capital Employed stood at 126.08% in 2021, then soared by 44 bps to 70.66% in 2022, then soared by 41 bps to 41.84% in 2023, then plunged by 2448 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Elevra Lithium 556.97 Bn 556.92 Bn - -
2 Bhp 421.29 Bn 411.77 Bn - -
3 Skeena Resources 17.36 Bn 17.34 Bn - -
4 Ioneer 10.78 Bn 10.76 Bn - -
5 MP Materials 10.54 Bn 7.94 Bn 16.40 Mn -3.89%
6 Iperionx 8.57 Bn 8.52 Bn - -
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 7.14%
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn -20,966.96%
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn -
10 TMC the metals - - - -117.47%

Historic Data

Download Data
DateValue
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 -1,216.29%
Jun 30, 2024 -60.41%
Mar 31, 2024 -46.17%
Dec 31, 2023 -41.84%
Sep 30, 2023 -34.95%
Jun 30, 2023 -47.11%
Mar 31, 2023 -47.70%
Dec 31, 2022 -70.66%
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%