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
DateValue
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%