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| Date | Value |
|---|---|
| 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% |