Fuelcell Energy Inc (FCELB) Return on Assets [ROA] (2011 - 2026)
Fuelcell Energy's Return on Assets [ROA] came in at -15.41% for fiscal Q3 2026 (quarter ended Jul 31, 2026), up 8.12 percentage points from -23.52% a year earlier and up 7.29 percentage points from the prior quarter.
Fuelcell Energy Inc (FCELB) Return on Assets [ROA] (2011 - 2026) Analysis & Trends
For FY2025 (ended Oct 31, 2025), Fuelcell Energy's Return on Assets [ROA] was -20.40%, down 3.89 percentage points from FY2024.
- Return on Assets [ROA] carries a five-year change of +0.40 percentage points (FY2020 to FY2025).
- Going back by fiscal year, Return on Assets [ROA] was -16.51% in FY2024 (-5.10 pp), -11.40% in FY2023 (+4.82 pp), -16.22% in FY2022 (-1.78 pp) and -14.44% in FY2021 (+6.35 pp).
- The fiscal Q3 2026 figure represents the highest quarterly Return on Assets [ROA] since fiscal Q2 2024.
- Year-over-year, Return on Assets [ROA] increased in 1 of the last eight quarters, with an average year-over-year change of -2.93 percentage points.
- The fastest year-over-year change in Return on Assets [ROA] over five years came in fiscal Q3 2026 (a gain of 8.12 percentage points), and the weakest in fiscal Q3 2025 (a drop of 7.80 percentage points).
- Business Quant data shows FCELB's Return on Assets [ROA] at -22.70% (Q2 2026), -19.37% (Q1 2026) and -21.71% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -15.41% |
| Apr 30, 2026 | -22.70% |
| Jan 31, 2026 | -19.37% |
| Oct 31, 2025 | -21.71% |
| Jul 31, 2025 | -23.52% |
| Apr 30, 2025 | -16.17% |
| Jan 31, 2025 | -15.64% |
| Oct 31, 2024 | -16.56% |
| Jul 31, 2024 | -15.72% |
| Apr 30, 2024 | -14.69% |
| Jan 31, 2024 | -13.99% |
| Oct 31, 2023 | -11.37% |
| Jul 31, 2023 | -13.37% |
| Apr 30, 2023 | -14.39% |
| Jan 31, 2023 | -13.34% |
| Oct 31, 2022 | -15.63% |
| Jul 31, 2022 | -13.69% |
| Apr 30, 2022 | -12.48% |
| Jan 31, 2022 | -11.70% |
| Oct 31, 2021 | -11.51% |
Fuelcell Energy Inc Return on Assets [ROA] 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-assets-%5Broa%5D&ticker=FCELB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "ticker": "FCELB", "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-assets-%5Broa%5D&ticker=FCELB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();