Dragonfly Energy Holdings (DFLI) Return on Capital Employed [ROCE] (2022 - 2025)
Dragonfly Energy Holdings' Return on Capital Employed [ROCE] came in at -38.34% for Q4 2025, up 6.31 percentage points from -44.65% a year earlier and up 4.34 percentage points from the prior quarter.
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Analysis
Dragonfly Energy Holdings (DFLI) Return on Capital Employed [ROCE] (2022 - 2025) Analysis & Trends
For FY2025, Dragonfly Energy Holdings' Return on Capital Employed [ROCE] was -37.91%, up 10.37 percentage points from FY2024.
- Return on Capital Employed [ROCE] has increased in each of the last three years, though with a four-year change of -70.01 percentage points (FY2021 to FY2025).
- Going back by year, Return on Capital Employed [ROCE] was -48.28% in FY2024 (+17.38 pp), -65.65% in FY2023 (+17.77 pp), -83.42% in FY2022 (-115.52 pp) and 32.10% in FY2021.
- The Q4 2025 figure represents the highest quarterly Return on Capital Employed [ROCE] since Q3 2022.
- Year-over-year, Return on Capital Employed [ROCE] has increased for nine consecutive quarters, with an average year-over-year change of +27.72 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Capital Employed [ROCE] over five years came in Q4 2023 (a gain of 106.59 percentage points), and the weakest in Q2 2023 (a drop of 119.85 percentage points).
- Business Quant data shows DFLI's Return on Capital Employed [ROCE] at -42.68% (Q3 2025), -44.20% (Q2 2025) and -51.31% (Q1 2025) in the three quarters before Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 263.36 Bn | 224.44 Bn | 2.36 Bn | 8.04% |
| 2 | Bloom Energy | 84.85 Bn | 76.67 Bn | 355.57 Mn | 8.69% |
| 3 | First Solar | 18.77 Bn | 9.72 Bn | 605.00 Mn | 16.07% |
| 4 | Generac Holdings | 12.79 Bn | 11.62 Bn | 521.81 Mn | 9.38% |
| 5 | Nextpower | 12.78 Bn | 8.68 Bn | 335.85 Mn | 23.08% |
| 6 | BWX Technologies | 12.36 Bn | 10.66 Bn | 202.31 Mn | 11.64% |
| 7 | EnerSys | 7.13 Bn | 5.32 Bn | 313.36 Mn | 15.27% |
| 8 | Enphase Energy | 4.42 Bn | -436.70 Mn | 175.01 Mn | 4.90% |
| 9 | Mirion Technologies | 3.57 Bn | 1.46 Bn | 133.10 Mn | 1.68% |
| 10 | Dragonfly Energy Holdings | 4.07 Mn | -23.58 Mn | 2.38 Mn | -38.34% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -38.34% |
| Sep 30, 2025 | -42.68% |
| Jun 30, 2025 | -44.20% |
| Mar 31, 2025 | -51.31% |
| Dec 31, 2024 | -44.65% |
| Sep 30, 2024 | -61.76% |
| Jun 30, 2024 | -51.27% |
| Mar 31, 2024 | -61.03% |
| Dec 31, 2023 | -71.28% |
| Sep 30, 2023 | -101.95% |
| Jun 30, 2023 | -116.45% |
| Mar 31, 2023 | -108.62% |
| Dec 31, 2022 | -177.87% |
| Sep 30, 2022 | 1.37% |
| Jun 30, 2022 | 3.39% |
| Mar 31, 2022 | 4.78% |
API Access
Dragonfly Energy Holdings Return on Capital Employed [ROCE] 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-capital-employed-%5Broce%5D&ticker=DFLI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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-capital-employed-%5Broce%5D&ticker=DFLI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();