Enovix (ENVX) Return on Capital Employed (2021 - 2026)
Enovix (ENVX) posted Return on Capital Employed of 22.17% for Q2 2026, down 3.98% on a QoQ basis from 21.32% in Q4 2025, and up 2507.0% year-over-year from 0.85% in Q2 2025.
Enovix (ENVX) Return on Capital Employed (2021 - 2026) Analysis & Trends
Enovix's Return on Capital Employed history runs 6 years deep, the most recent figure standing at 22.17% for Q2 2026.
- Quarterly Return on Capital Employed rose 2507.0% year-over-year to 22.17% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 22.17% (up 2507.0% YoY) and the FY2025 annual result came in at 27.78%, up 2154.0% from the prior year.
- Return on Capital Employed was 22.17% for Q2 2026 at Enovix, 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.
- A 5-year average of 40.9% and a median of 47.24% in 2025 frame the typical range for Return on Capital Employed.
- Annual changes were most pronounced in 2022 — Return on Capital Employed soared 10084 bps — and 2023, when it tumbled 3833 bps.
- Enovix's Return on Capital Employed stood at 23.05% in 2022, then tumbled by 108 bps to 47.86% in 2023, then slipped by 17 bps to 55.93% in 2024, then soared by 62 bps to 21.32% in 2025, then retreated by 4 bps to 22.17% in 2026.
- Business Quant data shows ENVX's Return on Capital Employed at 22.17% in Q2 2026, 21.32% in Q4 2025, and 26.6% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | 8.37% |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 26.52% |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 4.38% |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | 18.97% |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 11.66% |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | 13.11% |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | 17.52% |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | 32.43% |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | 13.24% |
| 10 | Enovix | 943.39 Mn | 945.45 Mn | 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% |