Bloom Energy (BE) Return on Capital Employed (2018 - 2026)

Bloom Energy (BE) reported Return on Capital Employed of 4.38% for Q1 2026, up 180.0% on a YoY basis from 1.57% in Q1 2025, and up 74.18% quarter-over-quarter from 2.52% in Q4 2025.

Bloom Energy (BE) Return on Capital Employed (2018 - 2026) Analysis & Trends

Bloom Energy has reported Return on Capital Employed for 9 years, with the latest figure 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.
  • The five-year high for Return on Capital Employed was 4.38% in Q1 2026, with the low at 19.96% in Q1 2023.
  • Historically, Return on Capital Employed has averaged 7.44% across 5 years, with a median of 9.74% in 2024.
  • Annual changes were most pronounced in 2022 — Return on Capital Employed plunged 1252 bps — and 2025, when it jumped 1232 bps.
  • Bloom Energy's Return on Capital Employed stood at 18.88% in 2022, then surged by 43 bps to 10.86% in 2023, then surged by 111 bps to 1.15% in 2024, then jumped by 119 bps to 2.52% in 2025, then jumped 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 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 26.52%
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 4.38%
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 11.66%
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 18.97%
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 13.11%
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 32.43%
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn -16.28%
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 15.83%
10 EnerSys 8.53 Bn 8.10 Bn 290.87 Mn 13.24%

Historic Data

Download Data
DateValue
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%