FTC Solar (FTCI) Return on Invested Capital [ROIC] (2021 - 2026)
FTC Solar (FTCI) posted Return on Invested Capital [ROIC] of -53.43% for Q3 2026, up 118.25 percentage points from -171.68% a year earlier and up 0.25 percentage points from the prior quarter.
FTC Solar (FTCI) Return on Invested Capital [ROIC] (2021 - 2026) Analysis & Trends
For FY2025, FTC Solar's Return on Invested Capital [ROIC] came in at -96.75%, up 19.39 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] shows a four-year change of +69.75 percentage points (FY2021 to FY2025).
- In prior years, FTC Solar's Return on Invested Capital [ROIC] was -116.14% in FY2024 and -166.50% in FY2021.
- The Q3 2026 figure stands as the highest quarterly Return on Invested Capital [ROIC] in data going back to Q1 2021.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased in each of the last three quarters.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was -53.68% (Q2 2026), -59.90% (Q1 2026) and -94.33% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 18.10% |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 31.22% |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 17.06% |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | - |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 10.85% |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 8.39% |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 8.02% |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | 15.15% |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 2.11% |
| 10 | FTC Solar | 19.06 Mn | -35.44 Mn | 1.90 Mn | -53.43% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -53.43% |
| Jun 30, 2026 | -53.68% |
| Mar 31, 2026 | -59.90% |
| Dec 31, 2025 | -94.33% |
| Sep 30, 2025 | -171.68% |
| Jun 30, 2025 | -221.16% |
| Mar 31, 2025 | -187.78% |
| Dec 31, 2021 | -82.82% |
| Sep 30, 2021 | -66.60% |
| Jun 30, 2021 | -104.11% |
| Mar 31, 2021 | -559.79% |
FTC Solar Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=FTCI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=FTCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();