EVgo (EVGO) Return on Capital Employed [ROCE] (2021 - 2026)
EVgo's Return on Capital Employed [ROCE] was -15.01% in Q2 2026, up 2.64 percentage points from -17.65% a year earlier but down 1.27 percentage points from the prior quarter.
EVgo (EVGO) Return on Capital Employed [ROCE] (2021 - 2026) Analysis & Trends
For FY2025, Return on Capital Employed [ROCE] at EVgo came in at -14.78%, up 4.19 percentage points from FY2024.
- Return on Capital Employed [ROCE] has now increased for three consecutive years, with a four-year change of +6.75 percentage points (FY2021 to FY2025).
- In earlier years, Return on Capital Employed [ROCE] was -18.96% in FY2024 (+3.63 pp), -22.60% in FY2023 (+0.38 pp), -22.98% in FY2022 (-1.45 pp) and -21.52% in FY2021.
- Quarterly Return on Capital Employed [ROCE] has moved between -25.85% (Q1 2023) and -12.72% (Q4 2021) over five years.
- Compared with a year earlier, Return on Capital Employed [ROCE] has increased for 11 straight quarters, with an average year-over-year change of +2.89 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was Q1 2024 (a gain of 5.84 percentage points); the worst was Q1 2023 (a drop of 10.89 percentage points).
- Per Business Quant data, EVGO's Return on Capital Employed [ROCE] in the three quarters before Q2 2026 was -13.74% (Q1 2026), -13.61% (Q4 2025) and -17.43% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 262.99 Bn | 224.06 Bn | 2.36 Bn | 8.04% |
| 2 | Bloom Energy | 81.45 Bn | 73.27 Bn | 355.57 Mn | 8.69% |
| 3 | First Solar | 18.50 Bn | 9.45 Bn | 605.00 Mn | 16.07% |
| 4 | BWX Technologies | 12.53 Bn | 10.83 Bn | 202.31 Mn | 11.64% |
| 5 | Generac Holdings | 12.26 Bn | 11.09 Bn | 521.81 Mn | 9.38% |
| 6 | Nextpower | 12.05 Bn | 7.95 Bn | 335.85 Mn | 23.08% |
| 7 | EnerSys | 6.88 Bn | 5.08 Bn | 313.36 Mn | 15.27% |
| 8 | Enphase Energy | 4.34 Bn | -522.59 Mn | 175.01 Mn | 4.90% |
| 9 | Mirion Technologies | 3.51 Bn | 1.40 Bn | 133.10 Mn | 1.68% |
| 10 | EVgo | 396.29 Mn | 149.75 Mn | 7.34 Mn | -15.01% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -15.01% |
| Mar 31, 2026 | -13.74% |
| Dec 31, 2025 | -13.61% |
| Sep 30, 2025 | -17.43% |
| Jun 30, 2025 | -17.65% |
| Mar 31, 2025 | -18.44% |
| Dec 31, 2024 | -19.17% |
| Sep 30, 2024 | -20.02% |
| Jun 30, 2024 | -20.38% |
| Mar 31, 2024 | -20.01% |
| Dec 31, 2023 | -21.23% |
| Sep 30, 2023 | -21.30% |
| Jun 30, 2023 | -22.83% |
| Mar 31, 2023 | -25.85% |
| Dec 31, 2022 | -23.28% |
| Sep 30, 2022 | -20.77% |
| Jun 30, 2022 | -18.04% |
| Mar 31, 2022 | -14.95% |
| Dec 31, 2021 | -12.72% |
| Sep 30, 2021 | -13.10% |
EVgo Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=EVGO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "EVGO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=EVGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();