FTC Solar (FTCI) Return on Capital Employed (2021 - 2026)
FTC Solar (FTCI) reported Return on Capital Employed of 43.73% for Q1 2026, down 2097.0% on a YoY basis from 2.19% in Q1 2025, and down 14.45% quarter-over-quarter from 38.21% in Q4 2025.
FTC Solar (FTCI) Return on Capital Employed (2021 - 2026) Analysis & Trends
FTC Solar has reported Return on Capital Employed for 6 years, with the latest figure 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.
- The five-year high for Return on Capital Employed was 1.33% in Q3 2025, with the low at 122.78% in Q4 2022.
- Historically, Return on Capital Employed has averaged 54.0% across 5 years, with a median of 38.21% in 2025.
- The largest YoY upside for Return on Capital Employed was 26520 bps in 2022 against a maximum downside of 3900 bps in 2022.
- FTC Solar's Return on Capital Employed stood at 122.78% in 2022, then soared by 88 bps to 14.18% in 2023, then slumped by 72 bps to 24.34% in 2024, then plunged by 57 bps to 38.21% in 2025, then fell 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 | 28.68 Bn | 26.25 Bn | 486.13 Mn | 15.46% |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 25.15% |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 3.64% |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | -23.29% |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | -0.26% |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 7.88% |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | -4.58% |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | -0.08% |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 2.40% |
| 10 | FTC Solar | 68.50 Mn | 62.86 Mn | -1.23 Mn | -43.73% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |