Fuelcell Energy Inc (FCELB) Return on Capital Employed [ROCE] (2011 - 2026)
Fuelcell Energy (FCELB) posted Return on Capital Employed [ROCE] of -16.89% for fiscal Q3 2026 (quarter ended Jul 31, 2026), up 9.13 percentage points from -26.02% a year earlier and up 7.68 percentage points from the prior quarter.
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Fuelcell Energy Inc (FCELB) Return on Capital Employed [ROCE] (2011 - 2026) Analysis & Trends
For FY2025 (ended Oct 31, 2025), Fuelcell Energy's Return on Capital Employed [ROCE] came in at -22.10%, down 4.01 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] shows a five-year change of -11.50 percentage points (FY2020 to FY2025).
- In prior fiscal years, Fuelcell Energy's Return on Capital Employed [ROCE] was -18.09% in FY2024 (-2.66 pp), -15.43% in FY2023 (+2.06 pp), -17.49% in FY2022 (-7.45 pp) and -10.04% in FY2021 (+0.56 pp).
- The fiscal Q3 2026 figure stands as the highest quarterly Return on Capital Employed [ROCE] since fiscal Q4 2023.
- On a year-over-year basis, Return on Capital Employed [ROCE] increased in three of the last eight quarters, with an average year-over-year change of -2.03 percentage points.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was fiscal Q3 2026, with a gain of 9.13 percentage points; the weakest was fiscal Q4 2022, with a drop of 8.91 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior fiscal quarters was -24.57% (Q2 2026), -20.80% (Q1 2026) and -23.64% (Q4 2025).
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -16.89% |
| Apr 30, 2026 | -24.57% |
| Jan 31, 2026 | -20.80% |
| Oct 31, 2025 | -23.64% |
| Jul 31, 2025 | -26.02% |
| Apr 30, 2025 | -17.32% |
| Jan 31, 2025 | -17.29% |
| Oct 31, 2024 | -18.16% |
| Jul 31, 2024 | -17.76% |
| Apr 30, 2024 | -18.90% |
| Jan 31, 2024 | -17.63% |
| Oct 31, 2023 | -15.39% |
| Jul 31, 2023 | -16.89% |
| Apr 30, 2023 | -15.87% |
| Jan 31, 2023 | -14.28% |
| Oct 31, 2022 | -16.78% |
| Jul 31, 2022 | -14.29% |
| Apr 30, 2022 | -12.95% |
| Jan 31, 2022 | -12.08% |
| Oct 31, 2021 | -7.87% |
API Access
Fuelcell Energy Inc 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=FCELB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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-capital-employed-%5Broce%5D&ticker=FCELB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();