Fuelcell Energy (FCELB) Return on Invested Capital (2011 - 2026)
Fuelcell Energy's (FCELB) quarterly Return on Invested Capital came in at 0.0% in Q4 2025, little changed year-on-year from 0.0% in Q4 2024, and up 10.14% quarter-over-quarter from 0.0% in Q3 2025.
Fuelcell Energy (FCELB) Return on Invested Capital (2011 - 2026) Analysis & Trends
Fuelcell Energy has disclosed Return on Invested Capital across 15 years of filings, most recently posting 0.0% for Q4 2025.
- Return on Invested Capital for Q4 2025 came in at 0.0%, changed 0.0% year-over-year; the trailing twelve-month figure through Oct 2025 was 0.0% (changed 0.0% YoY), and the FY2025 annual result was 0.0%, changed 0.0% from the prior year.
- Return on Invested Capital came in at 0.0% for Q4 2025 at Fuelcell Energy, up from 0.0% in the prior quarter.
- In the past five years, Return on Invested Capital ranged from a high of 0.0% in Q4 2021 to a low of 0.0% in Q3 2025.
- The 5-year median for Return on Invested Capital is 0.0% (2022), against an average of 0.0%.
- Across the five-year window, Return on Invested Capital grew 1 bps in 2021 and changed 0 bps in 2022, its largest moves.
- Fuelcell Energy's Return on Invested Capital stood at 0.0% in 2021, then sank by 110 bps to 0.0% in 2022, then gained by 2 bps to 0.0% in 2023, then declined by 15 bps to 0.0% in 2024, then sank by 32 bps to 0.0% in 2025.
- The last three Return on Invested Capital figures came in at 0.0% (Q4 2025), 0.0% (Q3 2025), and 0.0% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 395.03 Bn | 394.98 Bn | - | - |
| 2 | Vertiv Holdings | 110.52 Bn | 108.02 Bn | 999.70 Mn | 0.00% |
| 3 | Bloom Energy | 73.12 Bn | 70.66 Bn | 225.54 Mn | 0.00% |
| 4 | nVent Electric | 26.38 Bn | 26.19 Bn | 445.60 Mn | 0.00% |
| 5 | Hubbell | 25.79 Bn | 25.28 Bn | 505.30 Mn | 0.00% |
| 6 | Advanced Energy Industries | 11.69 Bn | 11.69 Bn | 200.90 Mn | 0.00% |
| 7 | Ballard Power Systems | 11.51 Bn | 10.98 Bn | 5.64 Mn | - |
| 8 | Powell Industries | 10.32 Bn | 9.77 Bn | 87.94 Mn | 0.00% |
| 9 | Acuity Inc. (De) | 9.21 Bn | 8.94 Bn | 520.40 Mn | 0.00% |
| 10 | Fuelcell Energy | - | - | -12.93 Mn | 0.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |