Enovix (ENVX) Return on Invested Capital (2024 - 2026)

Enovix (ENVX) posted Return on Invested Capital of 0.04% for Q2 2026, down 1.54% on a QoQ basis from 0.04% in Q4 2025, and up 1.0% year-over-year from 0.04% in Q2 2025.

Enovix (ENVX) Return on Invested Capital (2024 - 2026) Analysis & Trends

Enovix's Return on Invested Capital history runs 3 years deep, the most recent figure standing at 0.04% for 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 was 0.04% for Q2 2026 at Enovix, down from 0.04% in the prior quarter.
  • Across five years, Return on Invested Capital topped out at 0.04% in Q3 2025 and bottomed at 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 advanced 18 bps — and 2026, when it grew 1 bps.
  • Enovix's Return on Invested Capital stood at 0.06% in 2024, then soared by 30 bps to 0.04% in 2025, then declined by 2 bps to 0.04% in 2026.
  • Business Quant data shows ENVX's Return on Invested Capital at 0.04% in Q2 2026, 0.04% in Q4 2025, and 0.04% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 Electrovaya 417.39 Bn 417.37 Bn 6.04 Mn -
2 Vertiv Holdings 111.10 Bn 108.60 Bn 999.70 Mn 0.22%
3 Bloom Energy 53.68 Bn 51.19 Bn 225.54 Mn -
4 Hubbell 26.10 Bn 25.58 Bn 505.30 Mn 0.00%
5 nVent Electric 24.33 Bn 24.14 Bn 445.60 Mn 0.10%
6 Advanced Energy Industries 11.33 Bn 10.63 Bn 200.90 Mn 0.00%
7 Acuity Inc. (De) 10.11 Bn 9.70 Bn 606.40 Mn -
8 Powell Industries 8.43 Bn 7.89 Bn 87.94 Mn -
9 EnerSys 7.14 Bn 6.70 Bn 290.87 Mn 0.04%
10 Enovix 910.79 Mn 910.79 Mn 1.55 Mn -0.04%

Historic Data

Download Data
DateValue
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%