U.S. GoldMining (USGO) Return on Capital Employed [ROCE] (2023 - 2026)
U.S. GoldMining (USGO) reported Return on Capital Employed [ROCE] of -108.36% for Q1 2026, up 114.58 percentage points from -222.94% a year earlier and up 9.88 percentage points from the prior quarter.
U.S. GoldMining (USGO) Return on Capital Employed [ROCE] (2023 - 2026) Analysis & Trends
For FY2025, U.S. GoldMining posted Return on Capital Employed [ROCE] of -114.09%, down 11.48 percentage points from FY2024.
- By year, Return on Capital Employed [ROCE] came in at -102.62% in FY2024 and -159.92% in FY2023.
- The Q1 2026 figure ranks as the highest quarterly Return on Capital Employed [ROCE] since Q2 2024.
- Year over year, Return on Capital Employed [ROCE] gained in two of the last five quarters, with an average year-over-year change of -39.01 percentage points.
- Per Business Quant data, the three quarters before Q1 2026 came in at -118.24% (Q4 2025), -171.76% (Q3 2025) and -220.87% (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 193.68 Bn | 159.81 Bn | - | - |
| 2 | Southern Copper | 171.36 Bn | 150.22 Bn | 2.90 Bn | 42.99% |
| 3 | Newmont | 121.76 Bn | 89.94 Bn | 4.03 Bn | 9.92% |
| 4 | Ternium | 113.51 Bn | 78.56 Bn | 941.02 Mn | 7.19% |
| 5 | Freeport-Mcmoran | 103.45 Bn | 99.60 Bn | 2.19 Bn | 13.20% |
| 6 | Agnico Eagle Mines | 91.92 Bn | 91.92 Bn | 2.43 Bn | 42.05% |
| 7 | Barrick Mining | 67.42 Bn | 52.16 Bn | 2.90 Bn | 23.46% |
| 8 | Nucor | 54.54 Bn | 45.08 Bn | 2.03 Bn | 13.42% |
| 9 | ArcelorMittal | 49.09 Bn | 30.12 Bn | - | 3.51% |
| 10 | U.S. GoldMining | 88.10 Mn | 88.10 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -108.36% |
| Dec 31, 2025 | -118.24% |
| Sep 30, 2025 | -171.76% |
| Jun 30, 2025 | -220.87% |
| Mar 31, 2025 | -222.94% |
| Dec 31, 2024 | -166.76% |
| Sep 30, 2024 | -125.97% |
| Jun 30, 2024 | -71.41% |
| Mar 31, 2024 | -60.06% |
| Aug 31, 2023 | -39.91% |
U.S. GoldMining 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=USGO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "USGO", "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=USGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();