FTC Solar (FTCI) Return on Equity [ROE] (2020 - 2025)
FTC Solar's Return on Equity [ROE] was -488.16% in Q3 2025, down 361.52 percentage points from -126.64% a year earlier and down 106.90 percentage points from the prior quarter.
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Analysis
FTC Solar (FTCI) Return on Equity [ROE] (2020 - 2025) Analysis & Trends
For FY2024, Return on Equity [ROE] at FTC Solar came in at -119.88%, down 41.50 percentage points from FY2023.
- Return on Equity [ROE] shows a three-year change of +21.93 percentage points (FY2021 to FY2024).
- In earlier years, Return on Equity [ROE] was -78.38% in FY2023 (+16.87 pp), -95.24% in FY2022 (+46.56 pp) and -141.81% in FY2021.
- The Q3 2025 figure marks the lowest quarterly Return on Equity [ROE] since Q1 2021.
- Compared with a year earlier, Return on Equity [ROE] has declined for six straight quarters, with an average year-over-year change of -111.20 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Equity [ROE] over five years was Q1 2022 (a gain of 577.95 percentage points); the worst was Q3 2025 (a drop of 361.52 percentage points).
- Per Business Quant data, FTCI's Return on Equity [ROE] in the three quarters before Q3 2025 was -381.26% (Q2 2025), -252.83% (Q1 2025) and -197.62% (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 80.75% |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 29.02% |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 17.56% |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | 23.55% |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 27.32% |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 10.25% |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 31.20% |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | 19.25% |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 1.63% |
| 10 | FTC Solar | 19.06 Mn | -35.44 Mn | 1.90 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -488.16% |
| Jun 30, 2025 | -381.26% |
| Mar 31, 2025 | -252.83% |
| Dec 31, 2024 | -197.62% |
| Sep 30, 2024 | -126.64% |
| Jun 30, 2024 | -98.77% |
| Mar 31, 2024 | -81.11% |
| Dec 31, 2023 | -74.00% |
| Sep 30, 2023 | -77.90% |
| Jun 30, 2023 | -93.35% |
| Mar 31, 2023 | -124.30% |
| Dec 31, 2022 | -134.72% |
| Sep 30, 2022 | -113.87% |
| Jun 30, 2022 | -90.98% |
| Mar 31, 2022 | -96.47% |
| Dec 31, 2021 | -69.61% |
| Sep 30, 2021 | -53.71% |
| Jun 30, 2021 | -79.83% |
| Mar 31, 2021 | -674.42% |
| Dec 31, 2020 | -135.79% |
API Access
FTC Solar Return on Equity [ROE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-equity-%5Broe%5D&ticker=FTCI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "ticker": "FTCI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-equity-%5Broe%5D&ticker=FTCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();