Electrovaya (ELVA) Return on Sales [ROS] (2022 - 2026)
Electrovaya (ELVA) recorded Return on Sales [ROS] of 4.45% in fiscal Q3 2026 (quarter ended Jun 30, 2026), down 7.00 percentage points from 11.45% a year earlier and down 7.65 percentage points from the prior quarter.
Electrovaya (ELVA) Return on Sales [ROS] (2022 - 2026) Analysis & Trends
On a TTM basis, Electrovaya's Return on Sales [ROS] came in at 9.35% as of Jun 30, 2026, up 5.31 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it was 8.68%, up 7.05 percentage points from FY2024.
- Annual Return on Sales [ROS] has a three-year change of +53.36 percentage points (FY2022 to FY2025).
- Across earlier fiscal years, Return on Sales [ROS] came in at 1.63% in FY2024 (-1.10 pp), 2.73% in FY2023 (+47.41 pp) and -44.68% in FY2022.
- The fiscal Q3 2026 figure is the lowest quarterly Return on Sales [ROS] since fiscal Q1 2025.
- On a year-over-year basis, Return on Sales [ROS] rose in five of the last seven quarters, with an average year-over-year change of +0.90 percentage points.
- Peak year-over-year performance for Return on Sales [ROS] in the last five years was a gain of 40.38 percentage points in fiscal Q3 2023, against a drop of 21.05 percentage points in fiscal Q4 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 12.10% (Q2 2026), 8.81% (Q1 2026) and 11.57% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROS (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 263.36 Bn | 224.44 Bn | 2.36 Bn | 5.88% |
| 2 | Bloom Energy | 84.85 Bn | 76.67 Bn | 355.57 Mn | 17.11% |
| 3 | First Solar | 18.77 Bn | 9.72 Bn | 605.00 Mn | 42.64% |
| 4 | Generac Holdings | 12.79 Bn | 11.62 Bn | 521.81 Mn | 17.93% |
| 5 | Nextpower | 12.78 Bn | 8.68 Bn | 335.85 Mn | 20.41% |
| 6 | BWX Technologies | 12.36 Bn | 10.66 Bn | 202.31 Mn | 12.66% |
| 7 | EnerSys | 7.13 Bn | 5.32 Bn | 313.36 Mn | 16.18% |
| 8 | Enphase Energy | 4.42 Bn | -436.70 Mn | 175.01 Mn | 17.65% |
| 9 | Mirion Technologies | 3.57 Bn | 1.46 Bn | 133.10 Mn | 6.71% |
| 10 | Electrovaya | 279.18 Mn | 216.69 Mn | 6.19 Mn | 4.45% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.45% |
| Mar 31, 2026 | 12.10% |
| Dec 31, 2025 | 8.81% |
| Sep 30, 2025 | 11.57% |
| Jun 30, 2025 | 11.45% |
| Mar 31, 2025 | 9.30% |
| Dec 13, 2024 | 1.65% |
| Sep 30, 2024 | -5.51% |
| Jun 30, 2024 | 6.84% |
| Mar 31, 2024 | 6.57% |
| Dec 31, 2023 | -0.83% |
| Sep 30, 2023 | 15.54% |
| Jun 30, 2023 | 0.57% |
| Sep 30, 2022 | -21.04% |
| Jun 30, 2022 | -39.81% |
Electrovaya Return on Sales [ROS] 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-sales-%5Bros%5D&ticker=ELVA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-sales-[ros]", "ticker": "ELVA", "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-sales-%5Bros%5D&ticker=ELVA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();