Trx Gold (TRX) Return on Assets [ROA] (2010 - 2026)
Trx Gold's Return on Assets [ROA] came in at -0.38% for the quarter ended May 31, 2026, down 4.57 percentage points from 4.19% a year earlier but up 5.11 percentage points from the prior quarter.
Trx Gold (TRX) Return on Assets [ROA] (2010 - 2026) Analysis & Trends
For the year ended Aug 31, 2025, Trx Gold's Return on Assets [ROA] was 6.08%, up 2.24 percentage points from the prior year.
- Return on Assets [ROA] carries a five-year change of +42.38 percentage points (years ended Aug 2020 to Aug 2025).
- Going back by year, Return on Assets [ROA] was 3.83% in the year ended Aug 31, 2024 (-5.19 pp), 9.03% in the year ended Aug 31, 2023 (+12.65 pp), -3.62% in the year ended Aug 31, 2022 (+7.54 pp) and -11.16% in the year ended Aug 31, 2021 (+25.14 pp).
- The five-year range for quarterly Return on Assets [ROA] is -11.40% (the quarter ended Feb 28, 2022) to 8.37% (the quarter ended Aug 31, 2023).
- Year-over-year, Return on Assets [ROA] has declined for three consecutive quarters, with an average year-over-year change of -1.83 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Assets [ROA] over five years came in the quarter ended Nov 30, 2021 (a gain of 31.10 percentage points), and the weakest in the quarter ended Feb 28, 2026 (a drop of 7.23 percentage points).
- Business Quant data shows TRX's Return on Assets [ROA] at -5.49% (quarter ended Feb 28, 2026), 3.19% (quarter ended Nov 30, 2025) and 5.72% (quarter ended Aug 31, 2025) in the three quarters before the quarter ended May 31, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 24.66% |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 15.21% |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 3.02% |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 7.74% |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | 16.10% |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 24.54% |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 8.97% |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 1.88% |
| 10 | Trx Gold | 56.97 Mn | 19.99 Mn | 19.45 Mn | -0.38% |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | -0.38% |
| Feb 28, 2026 | -5.49% |
| Nov 30, 2025 | 3.19% |
| Aug 31, 2025 | 5.72% |
| May 31, 2025 | 4.19% |
| Feb 28, 2025 | 1.74% |
| Nov 30, 2024 | 5.64% |
| Aug 31, 2024 | 3.67% |
| May 31, 2024 | 2.80% |
| Feb 29, 2024 | 4.36% |
| Nov 30, 2023 | 2.16% |
| Aug 31, 2023 | 8.37% |
| May 31, 2023 | 2.92% |
| Feb 28, 2023 | 7.69% |
| Nov 30, 2022 | 6.79% |
| Aug 31, 2022 | -3.38% |
| May 31, 2022 | -5.44% |
| Feb 28, 2022 | -11.40% |
| Nov 30, 2021 | -10.51% |
| Aug 31, 2021 | -10.43% |
Trx Gold Return on Assets [ROA] 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-assets-%5Broa%5D&ticker=TRX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "ticker": "TRX", "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-assets-%5Broa%5D&ticker=TRX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();