Fuelcell Energy Inc (FCELB) Return on Equity [ROE] (2012 - 2026)
Fuelcell Energy (FCELB) posted Return on Equity [ROE] of -20.84% for fiscal Q3 2026 (quarter ended Jul 31, 2026), up 13.22 percentage points from -34.05% a year earlier and up 10.56 percentage points from the prior quarter.
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Fuelcell Energy Inc (FCELB) Return on Equity [ROE] (2012 - 2026) Analysis & Trends
For FY2025 (ended Oct 31, 2025), Fuelcell Energy's Return on Equity [ROE] came in at -28.59%, down 5.67 percentage points from FY2024.
- Annual Return on Equity [ROE] shows a five-year change of +37.35 percentage points (FY2020 to FY2025).
- In prior fiscal years, Fuelcell Energy's Return on Equity [ROE] was -22.92% in FY2024 (-7.39 pp), -15.53% in FY2023 (+6.55 pp), -22.07% in FY2022 (+2.07 pp) and -24.14% in FY2021 (+41.80 pp).
- The fiscal Q3 2026 figure stands as the highest quarterly Return on Equity [ROE] since fiscal Q2 2024.
- On a year-over-year basis, Return on Equity [ROE] increased in 1 of the last eight quarters, with an average year-over-year change of -4.20 percentage points.
- The strongest year-over-year quarter for Return on Equity [ROE] in the past five years was fiscal Q4 2021, with a gain of 45.83 percentage points; the weakest was fiscal Q3 2025, with a drop of 12.12 percentage points.
- According to Business Quant data, Return on Equity [ROE] for the three prior fiscal quarters was -31.40% (Q2 2026), -26.91% (Q1 2026) and -30.95% (Q4 2025).
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -20.84% |
| Apr 30, 2026 | -31.40% |
| Jan 31, 2026 | -26.91% |
| Oct 31, 2025 | -30.95% |
| Jul 31, 2025 | -34.05% |
| Apr 30, 2025 | -22.92% |
| Jan 31, 2025 | -22.05% |
| Oct 31, 2024 | -23.18% |
| Jul 31, 2024 | -21.93% |
| Apr 30, 2024 | -20.25% |
| Jan 31, 2024 | -19.00% |
| Oct 31, 2023 | -15.34% |
| Jul 31, 2023 | -17.81% |
| Apr 30, 2023 | -19.07% |
| Jan 31, 2023 | -17.88% |
| Oct 31, 2022 | -21.21% |
| Jul 31, 2022 | -18.56% |
| Apr 30, 2022 | -17.37% |
| Jan 31, 2022 | -16.33% |
| Oct 31, 2021 | -15.44% |
API Access
Fuelcell Energy Inc Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=FCELB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=FCELB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();