Caledonia Mining annual return on equity
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Caledonia Mining Return on Equity (ROE) Growth & History (CMCL)
Caledonia Mining's return on equity was 23.35% for fiscal 2025.
View full Caledonia Mining company overviewCaledonia Mining annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 23.35% | +12.37 pp |
| 2024 | 2024-12-31 | 10.99% | +13.78 pp |
| 2023 | 2023-12-31 | −2.79% | −13.71 pp |
| 2022 | 2022-12-31 | 10.91% | −6.22 pp |
| 2021 | 2021-12-31 | 17.14% | −5.17 pp |
| 2020 | 2020-12-31 | 22.31% | −10.17 pp |
| 2019 | 2019-12-31 | 32.48% | +11.90 pp |
| 2018 | 2018-12-31 | 20.57% | +0.56 pp |
| 2017 | 2017-12-31 | 20.01% | −0.91 pp |
| 2016 | 2016-12-31 | 20.92% | — |
Caledonia Mining quarterly return on equity
Q4.19
Q2.20
Q4.20
Q4.21
Q4.22
Q4.23
Q2.24
Q3.24
Q4.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 8.42% | −0.52 pp |
| Q1 2026 | 2026-03-31 | 5.97% | — |
| Q4 2025 | 2025-12-31 | 4.19% | +0.66 pp |
| Q3 2025 | 2025-09-30 | 6.17% | +4.62 pp |
| Q2 2025 | 2025-06-30 | 8.94% | +4.05 pp |
| Q4 2024 | 2024-12-31 | 3.54% | +5.03 pp |
| Q3 2024 | 2024-09-30 | 1.56% | — |
| Q2 2024 | 2024-06-30 | 4.89% | — |
| Q4 2023 | 2023-12-31 | −1.49% | +3.11 pp |
| Q4 2022 | 2022-12-31 | −4.60% | −7.45 pp |
| Q4 2021 | 2021-12-31 | 2.85% | −0.86 pp |
| Q4 2020 | 2020-12-31 | 3.71% | −2.74 pp |
| Q2 2020 | 2020-06-30 | 4.40% | — |
| Q4 2019 · Dec 31 | 2019-12-31 | 6.45% | — |
Caledonia Mining return on equity trends
Over the last five fiscal years, Caledonia Mining's return on equity increased from 22.31% to 23.35%, a change of +1.05 percentage points. The latest reported quarter, Q2 2026, shows 8.42%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Caledonia Mining source filings ↗