Growth Metrics

FTC Solar (FTCI) Return on Capital Employed (2021 - 2026)

FTC Solar posted quarterly Return on Capital Employed of 43.73% for Q1 2026, down 2097.0% year-on-year from 2.19% in Q1 2025, and down 14.45% on a QoQ basis from 38.21% in Q4 2025.

FTC Solar (FTCI) has 6 years of Return on Capital Employed data on file, last reported at 43.73% in Q1 2026.

  • For the quarter ending Q1 2026, Return on Capital Employed fell 2097.0% year-over-year to 43.73%; the trailing twelve-month figure through Mar 2026 stood at 43.73% (down 2097.0% YoY), and the FY2025 full-year result was 50.85%, down 3316.0% from the prior year.
  • Return on Capital Employed for Q1 2026 stood at 43.73%, down from 38.21% in the prior quarter.
  • Across five years, Return on Capital Employed topped out at 1.33% in Q3 2025 and bottomed at 122.78% in Q4 2022.
  • The 5-year median for Return on Capital Employed is 38.21% (2025), against an average of 54.0%.
  • Peak annual rise in Return on Capital Employed reached 26520 bps in 2022, while the deepest fall reached 3900 bps in 2022.
  • A 5-year view of Return on Capital Employed shows it stood at 122.78% in 2022, then jumped by 88 bps to 14.18% in 2023, then sank by 72 bps to 24.34% in 2024, then tumbled by 57 bps to 38.21% in 2025, then retreated by 14 bps to 43.73% in 2026.
  • The last three Return on Capital Employed figures came in at 43.73% (Q1 2026), 38.21% (Q4 2025), and 1.33% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 15.46%
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 25.15%
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 2.48%
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 3.64%
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn -23.29%
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn -0.26%
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 7.88%
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn -4.58%
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn -0.08%
10 FTC Solar 73.33 Mn 67.69 Mn -1.23 Mn -43.73%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 -43.73%
Dec 31, 2025 -38.21%
Sep 30, 2025 -1.33%
Jun 30, 2025 -34.06%
Mar 31, 2025 -22.76%
Dec 31, 2024 -24.34%
Sep 30, 2024 -28.42%
Jun 30, 2024 -21.81%
Mar 31, 2024 -16.64%
Dec 31, 2023 -14.18%
Sep 30, 2023 -72.49%
Jun 30, 2023 -79.39%
Mar 31, 2023 -114.27%
Dec 31, 2022 -122.78%
Sep 30, 2022 -97.86%
Jun 30, 2022 -83.08%
Mar 31, 2022 -102.67%
Dec 31, 2021 -86.87%
Sep 30, 2021 -58.87%
Jun 30, 2021 -79.82%
Mar 31, 2021 -367.87%