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
DateValue
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%