Enovix (ENVX) Return on Capital Employed (2021 - 2026)
Enovix posted quarterly Return on Capital Employed of 22.17% for Q2 2026, up 2507.0% year-on-year from 0.85% in Q2 2025, and down 3.98% on a QoQ basis from 21.32% in Q4 2025.
Enovix (ENVX) has 6 years of Return on Capital Employed data on file, last reported at 22.17% in Q2 2026.
- For the quarter ending Q2 2026, Return on Capital Employed rose 2507.0% year-over-year to 22.17%; the trailing twelve-month figure through Apr 2026 stood at 22.17% (up 2507.0% YoY), and the FY2025 full-year result was 27.78%, up 2154.0% from the prior year.
- Return on Capital Employed for Q2 2026 stood at 22.17%, down from 21.32% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 14.65% in Q2 2022 and bottomed at 66.72% in Q3 2024.
- The 5-year median for Return on Capital Employed is 47.24% (2025), against an average of 40.9%.
- The widest annual swing landed in 2022, when Return on Capital Employed soared 10084 bps; it then slumped 3833 bps in 2023.
- A 5-year view of Return on Capital Employed shows it stood at 23.05% in 2022, then plunged by 108 bps to 47.86% in 2023, then decreased by 17 bps to 55.93% in 2024, then surged by 62 bps to 21.32% in 2025, then fell by 4 bps to 22.17% in 2026.
- The last three Return on Capital Employed figures came in at 22.17% (Q2 2026), 21.32% (Q4 2025), and 26.6% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 26.52% |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 4.38% |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 11.66% |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 18.97% |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 13.11% |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 32.43% |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 15.83% |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 13.24% |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | -72.06% |
| 10 | Enovix | 1.45 Bn | 1.45 Bn | 1.55 Mn | -22.17% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 5, 2026 | -22.17% |
| Dec 28, 2025 | -21.32% |
| Sep 28, 2025 | -26.60% |
| Jun 29, 2025 | -39.39% |
| Mar 30, 2025 | -47.24% |
| Dec 29, 2024 | -55.93% |
| Sep 29, 2024 | -66.72% |
| Jun 30, 2024 | -63.58% |
| Mar 31, 2024 | -49.43% |
| Dec 31, 2023 | -47.86% |
| Oct 1, 2023 | -52.07% |
| Jul 2, 2023 | -53.95% |
| Apr 2, 2023 | -52.98% |
| Jan 1, 2023 | -40.38% |
| Oct 2, 2022 | -23.05% |
| Jul 3, 2022 | -18.04% |
| Apr 3, 2022 | -14.65% |
| Oct 3, 2021 | -17.15% |
| Jun 30, 2021 | -118.88% |