Enovix (ENVX) Return on Capital Employed (2021 - 2026)
Enovix's (ENVX) quarterly Return on Capital Employed came in at 22.17% in Q2 2026, up 2507.0% YoY from 0.85% in Q2 2025, and down 3.98% on a QoQ basis from 21.32% in Q4 2025.
Enovix (ENVX) Return on Capital Employed (2021 - 2026) Analysis & Trends
Enovix (ENVX) has 6 years of Return on Capital Employed data on file, last reported at 22.17% in 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 fell to 22.17% in Q2 2026, from 21.32% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 14.65% in Q2 2022 to a low of 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 plunged 3833 bps.
- Tracing ENVX's Return on Capital Employed over 5 years: stood at 23.05% in 2022, then sank by 108 bps to 47.86% in 2023, then retreated by 17 bps to 55.93% in 2024, then jumped by 62 bps to 21.32% in 2025, then declined 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 | 101.35 Bn | 98.24 Bn | 1.23 Bn | 29.36% |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 8.69% |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 33.42% |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 15.18% |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 11.34% |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 17.52% |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 34.05% |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 15.27% |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 8.67% |
| 10 | Enovix | 716.69 Mn | 716.69 Mn | 1.30 Mn | -23.30% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 5, 2026 | -23.30% |
| 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% |