Trx Gold (TRX) Return on Capital Employed (2013 - 2026)

Trx Gold (TRX) posted Return on Capital Employed of 41.57% for Q1 2026, up 33.48% quarter-over-quarter from 31.14% in Q4 2025, and up 2420.0% year-on-year from 1.65% in Q1 2025.

Trx Gold (TRX) Return on Capital Employed (2013 - 2026) Analysis & Trends

Trx Gold (TRX) has reported Return on Capital Employed for 13 consecutive years, with 41.57% the latest figure, recorded in Q1 2026.

  • Return on Capital Employed for Q1 2026 came in at 41.57%, up 2420.0% year-over-year; the trailing twelve-month figure through Feb 2026 was 41.57% (up 2420.0% YoY), and the FY2025 annual result was 19.14%, up 342.0% from the prior year.
  • Return on Capital Employed was 41.57% for Q1 2026 at Trx Gold, up from 31.14% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 41.57% in Q1 2026 and troughed at 0.44% in Q1 2022.
  • Average Return on Capital Employed over 5 years is 20.74%, with a median of 17.37% recorded in 2025.
  • Year-over-year, Return on Capital Employed soared 4347 bps in 2022 and tumbled 2620 bps in 2024.
  • Over 5 years, Return on Capital Employed stood at 33.12% in 2022, then tumbled by 58 bps to 14.06% in 2023, then gained by 13 bps to 15.94% in 2024, then surged by 95 bps to 31.14% in 2025, then surged by 33 bps to 41.57% in 2026.
  • Per Business Quant data, the three most recent Return on Capital Employed figures were 41.57% in Q1 2026, 31.14% in Q4 2025, and 20.27% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Barrick Mining 978.09 Bn 980.39 Bn 3.12 Bn 9.05%
2 Trx Gold 189.48 Bn 189.48 Bn 21.05 Mn 41.57%
3 Newmont 101.22 Bn 92.61 Bn 7.29 Bn 21.10%
4 OR Royalties 53.18 Bn 53.08 Bn 88.84 Mn -
5 Wheaton Precious Metals 50.59 Bn 48.43 Bn 699.37 Mn -
6 Aura Minerals 50.25 Bn 50.25 Bn 19.58 Mn -
7 Franco Nevada 40.21 Bn 39.50 Bn 526.30 Mn 19.41%
8 Gold Fields 30.19 Bn 28.41 Bn - -
9 Kinross Gold 28.01 Bn 25.95 Bn 1.44 Bn -
10 Pan American Silver 18.70 Bn 17.09 Bn 608,000.00 -

Historic Data

Download Data
DateValue
Feb 28, 2026 41.57%
Nov 30, 2025 31.14%
Aug 31, 2025 20.27%
May 31, 2025 17.88%
Feb 28, 2025 17.37%
Nov 30, 2024 15.94%
Aug 31, 2024 15.54%
May 31, 2024 11.93%
Feb 29, 2024 10.58%
Nov 30, 2023 14.06%
Aug 31, 2023 16.21%
May 31, 2023 34.01%
Feb 28, 2023 36.78%
Nov 30, 2022 33.12%
Aug 31, 2022 19.73%
May 31, 2022 15.94%
Feb 28, 2022 0.44%
Nov 30, 2021 -10.35%
Feb 28, 2021 -10.38%
Nov 30, 2020 -14.68%