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| Date | Value |
|---|---|
| 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% |