Fuelcell Energy (FCEL) Return on Invested Capital (2011 - 2026)
Fuelcell Energy (FCEL) reported Return on Invested Capital of 0.03% for Q2 2026, down 1.0% on a YoY basis from 0.03% in Q2 2025, and down 19.54% sequentially from 0.03% in Q4 2025.
Fuelcell Energy (FCEL) Return on Invested Capital (2011 - 2026) Analysis & Trends
Fuelcell Energy (FCEL) has 16 years of Return on Invested Capital data on file, last reported at 0.03% in Q2 2026.
- For the quarter ending Q2 2026, Return on Invested Capital fell 1.0% year-over-year to 0.03%; the trailing twelve-month figure through Apr 2026 stood at 0.03% (down 1.0% YoY), and the FY2025 full-year result was 0.12%, changed 0.0% from the prior year.
- Return on Invested Capital slipped to 0.03% in Q2 2026, from 0.03% in the prior quarter.
- In the past five years, Return on Invested Capital ranged from a high of 0.02% in Q2 2025 to a low of 0.04% in Q3 2024.
- A 5-year average of 0.03% and a median of 0.03% in 2022 frame the typical range for Return on Invested Capital.
- Across the five-year window, Return on Invested Capital slipped 2 bps in 2022 and grew 1 bps in 2023, its largest moves.
- Tracing FCEL's Return on Invested Capital over 5 years: stood at 0.04% in 2022, then climbed by 15 bps to 0.03% in 2023, then decreased by 13 bps to 0.03% in 2024, then gained by 16 bps to 0.03% in 2025, then retreated by 20 bps to 0.03% in 2026.
- Business Quant data shows FCEL's Return on Invested Capital at 0.03% in Q2 2026, 0.03% in Q4 2025, and 0.03% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 413.55 Bn | 413.53 Bn | 6.04 Mn | - |
| 2 | Vertiv Holdings | 109.26 Bn | 106.76 Bn | 999.70 Mn | 0.22% |
| 3 | Bloom Energy | 53.01 Bn | 50.51 Bn | 225.54 Mn | - |
| 4 | Hubbell | 26.33 Bn | 25.81 Bn | 505.30 Mn | 0.00% |
| 5 | nVent Electric | 24.09 Bn | 23.90 Bn | 445.60 Mn | 0.10% |
| 6 | Advanced Energy Industries | 10.99 Bn | 10.29 Bn | 200.90 Mn | 0.00% |
| 7 | Acuity Inc. (De) | 10.14 Bn | 9.72 Bn | 606.40 Mn | - |
| 8 | Powell Industries | 8.00 Bn | 7.45 Bn | 87.94 Mn | - |
| 9 | EnerSys | 7.11 Bn | 6.67 Bn | 290.87 Mn | 0.04% |
| 10 | Fuelcell Energy | 1.16 Bn | 787.47 Mn | -12.93 Mn | -0.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -0.03% |
| Oct 31, 2025 | -0.03% |
| Jul 31, 2025 | -0.03% |
| Apr 30, 2025 | -0.02% |
| Oct 31, 2024 | -0.03% |
| Jul 31, 2024 | -0.04% |
| Oct 31, 2023 | -0.03% |
| Jul 31, 2023 | -0.03% |
| Apr 30, 2023 | -0.03% |
| Jan 31, 2023 | -0.03% |
| Oct 31, 2022 | -0.04% |
| Jul 31, 2022 | -0.03% |
| Oct 31, 2021 | -0.01% |
| Jul 31, 2021 | -0.01% |
| Apr 30, 2021 | -0.01% |
| Oct 31, 2020 | -0.01% |
| Jul 31, 2020 | -0.01% |
| Apr 30, 2020 | 0.00% |
| Jan 31, 2020 | 0.00% |
| Oct 31, 2019 | 0.00% |