Enovix (ENVX) Return on Invested Capital (2024 - 2026)
Enovix's (ENVX) quarterly Return on Invested Capital came in at 0.04% in Q2 2026, up 1.0% YoY from 0.04% in Q2 2025, and down 1.54% on a QoQ basis from 0.04% in Q4 2025.
Enovix (ENVX) Return on Invested Capital (2024 - 2026) Analysis & Trends
Enovix (ENVX) has 3 years of Return on Invested Capital data on file, last reported at 0.04% in Q2 2026.
- Quarterly Return on Invested Capital rose 1.0% year-over-year to 0.04% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 0.04% (up 1.0% YoY) and the FY2025 annual result came in at 0.18%, up 13.0% from the prior year.
- Return on Invested Capital retreated to 0.04% in Q2 2026, from 0.04% in the prior quarter.
- In the past five years, Return on Invested Capital ranged from a high of 0.04% in Q3 2025 to a low of 0.23% in Q1 2024.
- A 3-year average of 0.08% and a median of 0.05% in 2025 frame the typical range for Return on Invested Capital.
- Annual changes were most pronounced in 2025 — Return on Invested Capital increased 18 bps — and 2026, when it gained 1 bps.
- Tracing ENVX's Return on Invested Capital over 3 years: stood at 0.06% in 2024, then jumped by 30 bps to 0.04% in 2025, then slipped by 2 bps to 0.04% in 2026.
- The last three Return on Invested Capital figures came in at 0.04% (Q2 2026), 0.04% (Q4 2025), and 0.04% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 0.34% |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn | 0.30% |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn | 0.00% |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn | 0.12% |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 0.00% |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn | - |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn | - |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 0.05% |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn | -0.04% |
| 10 | Enovix | 746.18 Mn | 746.18 Mn | 1.30 Mn | -0.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 5, 2026 | -0.04% |
| Apr 5, 2026 | -0.04% |
| Dec 28, 2025 | -0.04% |
| Sep 28, 2025 | -0.04% |
| Jun 29, 2025 | -0.04% |
| Mar 30, 2025 | -0.05% |
| Dec 29, 2024 | -0.06% |
| Sep 29, 2024 | -0.09% |
| Jun 30, 2024 | -0.13% |
| Mar 31, 2024 | -0.23% |