Dragonfly Energy Holdings (DFLI) Return on Assets [ROA] (2022 - 2025)
Dragonfly Energy Holdings' Return on Assets [ROA] came in at -87.33% for Q4 2025, down 36.27 percentage points from -51.06% a year earlier and down 39.61 percentage points from the prior quarter.
Dragonfly Energy Holdings (DFLI) Return on Assets [ROA] (2022 - 2025) Analysis & Trends
For FY2025, Dragonfly Energy Holdings' Return on Assets [ROA] was -86.47%, down 32.47 percentage points from FY2024.
- Return on Assets [ROA] carries a four-year change of -97.85 percentage points (FY2021 to FY2025).
- Going back by year, Return on Assets [ROA] was -54.00% in FY2024 (-37.18 pp), -16.82% in FY2023 (+31.55 pp), -48.37% in FY2022 (-59.74 pp) and 11.37% in FY2021.
- The Q4 2025 figure represents the lowest quarterly Return on Assets [ROA] in data going back to Q1 2022.
- Year-over-year, Return on Assets [ROA] has declined for five consecutive quarters, with an average year-over-year change of -9.28 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Assets [ROA] over five years came in Q4 2023 (a gain of 48.23 percentage points), and the weakest in Q3 2023 (a drop of 46.09 percentage points).
- Business Quant data shows DFLI's Return on Assets [ROA] at -47.72% (Q3 2025), -41.72% (Q2 2025) and -49.58% (Q1 2025) in the three quarters before Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 12.18% |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 4.88% |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 13.06% |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 8.14% |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 4.56% |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 14.25% |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 8.86% |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 4.75% |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 0.73% |
| 10 | Dragonfly Energy Holdings | 4.07 Mn | -23.58 Mn | 2.38 Mn | -87.33% |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -87.33% |
| Sep 30, 2025 | -47.72% |
| Jun 30, 2025 | -41.72% |
| Mar 31, 2025 | -49.58% |
| Dec 31, 2024 | -51.06% |
| Sep 30, 2024 | -32.56% |
| Jun 30, 2024 | -35.42% |
| Mar 31, 2024 | -35.42% |
| Dec 31, 2023 | -17.55% |
| Sep 30, 2023 | -53.28% |
| Jun 30, 2023 | -44.59% |
| Mar 31, 2023 | -36.65% |
| Dec 31, 2022 | -65.78% |
| Sep 30, 2022 | -7.18% |
| Jun 30, 2022 | 0.44% |
| Mar 31, 2022 | 1.98% |
Dragonfly Energy Holdings Return on Assets [ROA] 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-assets-%5Broa%5D&ticker=DFLI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "ticker": "DFLI", "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-assets-%5Broa%5D&ticker=DFLI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();