Fuelcell Energy (FCEL) Return on Invested Capital (2011 - 2026)

Fuelcell Energy's (FCEL) quarterly Return on Invested Capital came in at 0.0% in Q2 2026, little changed YoY from 0.0% in Q2 2025, and down 2.39% on a QoQ basis from 0.0% in Q4 2025.

Fuelcell Energy (FCEL) Return on Invested Capital (2011 - 2026) Analysis & Trends

Fuelcell Energy's Return on Invested Capital history runs 16 years deep, the most recent figure standing at 0.0% for Q2 2026.

  • On a quarterly basis, Return on Invested Capital changed 0.0% year-over-year to 0.0% in Q2 2026; TTM through Apr 2026 was 0.0%, a 0.0% change from a year earlier, with the FY2025 full-year figure at 0.0%, changed 0.0% from the prior year.
  • Return on Invested Capital was 0.0% for Q2 2026 at Fuelcell Energy, down from 0.0% in the prior quarter.
  • Over the last five years, Return on Invested Capital for FCEL reached as high as 0.0% in Q1 2023 and fell as low as 0.0% in Q4 2022.
  • A 5-year average of 0.0% and a median of 0.0% in 2024 frame the typical range for Return on Invested Capital.
  • Peak annual rise in Return on Invested Capital reached 0 bps in 2022, while the deepest fall reached 0 bps in 2022.
  • Tracing FCEL's Return on Invested Capital over 5 years: stood at 0.0% in 2022, then surged by 49 bps to 0.0% in 2023, then dropped by 20 bps to 0.0% in 2024, then tumbled by 32 bps to 0.0% in 2025, then slipped by 2 bps to 0.0% in 2026.
  • According to Business Quant data, Return on Invested Capital over the past three periods registered 0.0%, 0.0%, and 0.0% for Q2 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 0.00%
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 0.00%
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 0.00%
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 0.00%
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 0.00%
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 0.00%
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn -
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 0.00%
10 Fuelcell Energy 1.02 Bn 1.02 Bn -12.93 Mn 0.00%

Historic Data

Download Data
DateValue
Apr 30, 2026 0.00%
Oct 31, 2025 0.00%
Jul 31, 2025 0.00%
Apr 30, 2025 0.00%
Oct 31, 2024 0.00%
Jul 31, 2024 0.00%
Oct 31, 2023 0.00%
Jul 31, 2023 0.00%
Apr 30, 2023 0.00%
Jan 31, 2023 0.00%
Oct 31, 2022 0.00%
Jul 31, 2022 0.00%
Oct 31, 2021 0.00%
Jul 31, 2021 0.00%
Apr 30, 2021 0.00%
Jul 31, 2020 -0.01%
Apr 30, 2020 -0.01%
Jan 31, 2020 -0.01%
Oct 31, 2019 -0.01%
Jul 31, 2019 0.00%