Bloom Energy (BE) Return on Capital Employed (2018 - 2026)
Bloom Energy posted quarterly Return on Capital Employed of 4.38% for Q1 2026, up 180.0% year-on-year from 1.57% in Q1 2025, and up 74.18% on a QoQ basis from 2.52% in Q4 2025.
Bloom Energy (BE) has 9 years of Return on Capital Employed data on file, last reported at 4.38% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed rose 180.0% year-over-year to 4.38%; the trailing twelve-month figure through Mar 2026 stood at 4.38% (up 180.0% YoY), and the FY2025 full-year result was 2.51%, up 130.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 4.38%, up from 2.52% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 4.38% in Q1 2026 and bottomed at 19.96% in Q1 2023.
- The 5-year median for Return on Capital Employed is 9.74% (2024), against an average of 7.44%.
- The widest annual swing landed in 2022, when Return on Capital Employed slumped 1252 bps; it then jumped 1232 bps in 2025.
- A 5-year view of Return on Capital Employed shows it stood at 18.88% in 2022, then soared by 43 bps to 10.86% in 2023, then soared by 111 bps to 1.15% in 2024, then surged by 119 bps to 2.52% in 2025, then surged by 74 bps to 4.38% in 2026.
- The last three Return on Capital Employed figures came in at 4.38% (Q1 2026), 2.52% (Q4 2025), and 4.25% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 26.52% |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 4.38% |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 11.66% |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 18.97% |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 13.11% |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 32.43% |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 15.83% |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 13.24% |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | -72.06% |
| 10 | Hayward Holdings | 3.01 Bn | 2.78 Bn | 118.70 Mn | 8.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.38% |
| Dec 31, 2025 | 2.52% |
| Sep 30, 2025 | 4.25% |
| Jun 30, 2025 | 3.32% |
| Mar 31, 2025 | 2.58% |
| Dec 31, 2024 | 1.15% |
| Sep 30, 2024 | -3.43% |
| Jun 30, 2024 | -8.05% |
| Mar 31, 2024 | -9.74% |
| Dec 31, 2023 | -10.86% |
| Sep 30, 2023 | -12.58% |
| Jun 30, 2023 | -12.98% |
| Mar 31, 2023 | -19.96% |
| Dec 31, 2022 | -18.88% |
| Sep 30, 2022 | -17.34% |
| Jun 30, 2022 | -18.44% |
| Mar 31, 2022 | -12.36% |
| Dec 31, 2021 | -9.26% |
| Sep 30, 2021 | -9.29% |
| Jun 30, 2021 | -5.91% |
| Mar 31, 2021 | -4.50% |
| Dec 31, 2020 | -7.86% |
| Sep 30, 2020 | -12.58% |
| Jun 30, 2020 | -16.01% |
| Mar 31, 2020 | -18.65% |
| Dec 31, 2019 | -30.40% |
| Sep 30, 2019 | -25.85% |
| Jun 30, 2019 | -27.76% |
| Mar 31, 2019 | -20.80% |
| Dec 31, 2018 | -13.01% |
| Sep 30, 2018 | -8.32% |
| Jun 30, 2018 | -8.01% |
| Mar 31, 2018 | -11.01% |