Trx Gold (TRX) Return on Capital Employed [ROCE] (2014 - 2026)
Trx Gold (TRX) posted Return on Capital Employed [ROCE] of 60.78% for the quarter ended May 31, 2026, up 26.90 percentage points from 33.88% a year earlier and up 7.24 percentage points from the prior quarter.
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Analysis
Trx Gold (TRX) Return on Capital Employed [ROCE] (2014 - 2026) Analysis & Trends
For the year ended Aug 31, 2025, Trx Gold's Return on Capital Employed [ROCE] came in at 33.64%, up 1.44 percentage points from the prior year.
- Annual Return on Capital Employed [ROCE] shows a five-year change of +95.06 percentage points (years ended Aug 2020 to Aug 2025).
- In prior years, Trx Gold's Return on Capital Employed [ROCE] was 32.20% in the year ended Aug 31, 2024 (-8.59 pp), 40.79% in the year ended Aug 31, 2023 (+2.06 pp), 38.73% in the year ended Aug 31, 2022 (+51.97 pp) and -13.24% in the year ended Aug 31, 2021 (+48.18 pp).
- The figure for the quarter ended May 31, 2026 stands as the highest quarterly Return on Capital Employed [ROCE] in data going back to the quarter ended Aug 31, 2021.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased in each of the last six quarters, with an average year-over-year change of +7.90 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was the quarter ended Nov 30, 2022, with a gain of 49.83 percentage points; the weakest was the quarter ended Feb 29, 2024, with a drop of 12.57 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was 53.54% (quarter ended Feb 28, 2026), 47.10% (quarter ended Nov 30, 2025) and 36.25% (quarter ended Aug 31, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 164.02 Bn | 133.06 Bn | - | - |
| 2 | Southern Copper | 154.30 Bn | 133.16 Bn | 2.90 Bn | 42.99% |
| 3 | Rio Tinto | 135.37 Bn | 95.87 Bn | - | - |
| 4 | Newmont | 113.13 Bn | 78.45 Bn | 4.22 Bn | 10.69% |
| 5 | Freeport-Mcmoran | 93.66 Bn | 89.81 Bn | 2.19 Bn | 13.20% |
| 6 | Agnico Eagle Mines | 86.95 Bn | 76.58 Bn | 2.43 Bn | 27.90% |
| 7 | Barrick Mining | 63.88 Bn | 48.62 Bn | 2.90 Bn | 22.21% |
| 8 | Nucor | 58.56 Bn | 49.10 Bn | 2.03 Bn | 13.42% |
| 9 | ArcelorMittal | 45.28 Bn | 26.31 Bn | - | 3.51% |
| 10 | Trx Gold | 279.16 Mn | 242.18 Mn | 19.45 Mn | 43.05% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 43.05% |
| Feb 28, 2026 | 36.86% |
| Nov 30, 2025 | 28.45% |
| Aug 31, 2025 | 18.72% |
| May 31, 2025 | 14.14% |
| Feb 28, 2025 | 14.45% |
| Nov 30, 2024 | 16.53% |
| Aug 31, 2024 | 13.31% |
| May 31, 2024 | 10.45% |
| Feb 29, 2024 | 7.88% |
| Nov 30, 2023 | 10.60% |
| Aug 31, 2023 | 14.60% |
| May 31, 2023 | 15.35% |
| Feb 28, 2023 | 15.28% |
| Nov 30, 2022 | 10.70% |
| Aug 31, 2022 | 1.02% |
| May 31, 2022 | -8.22% |
| Feb 28, 2022 | -12.61% |
| Nov 30, 2021 | -11.77% |
| Aug 31, 2021 | -4.65% |
API Access
Trx Gold Return on Capital Employed [ROCE] 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-capital-employed-%5Broce%5D&ticker=TRX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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-capital-employed-%5Broce%5D&ticker=TRX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();