Bloom Energy (BE) Return on Equity [ROE] (2020 - 2026)
Bloom Energy's Return on Equity [ROE] came in at 29.02% for Q3 2026, up 26.46 percentage points from 2.56% a year earlier and up 9.63 percentage points from the prior quarter.
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Analysis
Bloom Energy (BE) Return on Equity [ROE] (2020 - 2026) Analysis & Trends
For FY2025, Bloom Energy's Return on Equity [ROE] was -12.65%, down 7.73 percentage points from FY2024.
- Return on Equity [ROE] carries a four-year change of +265.20 percentage points (FY2021 to FY2025).
- Going back by year, Return on Equity [ROE] was -4.92% in FY2024 (+63.55 pp), -68.47% in FY2023 (+98.69 pp), -167.16% in FY2022 (+110.69 pp) and -277.84% in FY2021.
- The Q3 2026 figure represents the highest quarterly Return on Equity [ROE] in data going back to Q4 2020.
- Year-over-year, Return on Equity [ROE] has increased for three consecutive quarters, with an average year-over-year change of +30.47 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Equity [ROE] over five years came in Q3 2023 (a gain of 1003.71 percentage points), and the weakest in Q4 2025 (a drop of 6.62 percentage points).
- Business Quant data shows BE's Return on Equity [ROE] at 19.39% (Q2 2026), 1.14% (Q1 2026) and -11.85% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 210.90 Bn | 163.15 Bn | 3.11 Bn | 80.75% |
| 2 | Bloom Energy | 54.82 Bn | 44.75 Bn | 417.10 Mn | 29.02% |
| 3 | First Solar | 19.45 Bn | 10.82 Bn | 713.06 Mn | 17.56% |
| 4 | Nextpower | 15.04 Bn | 10.75 Bn | 345.32 Mn | 23.55% |
| 5 | BWX Technologies | 11.61 Bn | 9.39 Bn | 227.14 Mn | 27.32% |
| 6 | Generac Holdings | 10.72 Bn | 9.45 Bn | 516.04 Mn | 10.25% |
| 7 | Innio | 10.33 Bn | 6.57 Bn | 367.70 Mn | 31.20% |
| 8 | EnerSys | 5.50 Bn | 3.69 Bn | 313.36 Mn | 18.16% |
| 9 | Mirion Technologies | 4.67 Bn | 3.08 Bn | 131.50 Mn | 1.63% |
| 10 | X-Energy | 4.46 Bn | 3.10 Bn | -32.06 Mn | -104.45% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 29.02% |
| Jun 30, 2026 | 19.39% |
| Mar 31, 2026 | 1.14% |
| Dec 31, 2025 | -11.85% |
| Sep 30, 2025 | 2.56% |
| Jun 30, 2025 | 4.08% |
| Mar 31, 2025 | 1.00% |
| Dec 31, 2024 | -5.23% |
| Sep 30, 2024 | -28.45% |
| Jun 30, 2024 | -60.21% |
| Mar 31, 2024 | -57.35% |
| Dec 31, 2023 | -60.03% |
| Sep 30, 2023 | -85.23% |
| Jun 30, 2023 | -65.42% |
| Mar 31, 2023 | -75.62% |
| Dec 31, 2022 | -108.43% |
| Sep 30, 2022 | -1,088.94% |
| Sep 30, 2021 | -1,189.93% |
| Jun 30, 2021 | -293.98% |
| Mar 31, 2021 | -124.08% |
API Access
Bloom Energy Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=BE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "ticker": "BE", "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-equity-%5Broe%5D&ticker=BE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();