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
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%