ESS Tech (GWH-WT) Return on Equity (2021 - 2026)
ESS Tech (GWH-WT) recorded quarterly Return on Equity of 0.07% in Q1 2026, up 63.07% quarter-over-quarter from 0.18% in Q4 2025, and down 3.0% on a YoY basis from 0.07% in Q1 2025.
ESS Tech (GWH-WT) Return on Equity (2021 - 2026) Analysis & Trends
ESS Tech's Return on Equity history runs 6 years deep, the most recent figure standing at 0.07% for Q1 2026.
- In Q1 2026, Return on Equity fell 3.0% year-over-year to 0.07%; the TTM figure through Mar 2026 stood at 0.07% (down 3.0% YoY), while the FY2025 annual figure was 0.03%, down 2.0% from the prior year.
- Return on Equity was 0.07% for Q1 2026 at ESS Tech, up from 0.18% in the prior quarter.
- In the past five years, Return on Equity ranged from a high of 0.0% in Q1 2022 to a low of 0.82% in Q3 2025.
- Historically, Return on Equity has averaged 0.08% across 5 years, with a median of 0.01% in 2024.
- The sharpest annual moves came in 2023 and 2025: Return on Equity changed 0 bps in 2023, then slumped 80 bps in 2025.
- A 5-year view of Return on Equity shows it stood at 0.01% in 2022, then slipped by 6 bps to 0.01% in 2023, then tumbled by 191 bps to 0.02% in 2024, then plunged by 731 bps to 0.18% in 2025, then surged by 63 bps to 0.07% in 2026.
- The last three Return on Equity figures came in at 0.07% (Q1 2026), 0.18% (Q4 2025), and 0.82% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 472.68 Bn | 472.63 Bn | - | 0.00% |
| 2 | Vertiv Holdings | 115.80 Bn | 113.29 Bn | 999.70 Mn | 0.00% |
| 3 | Bloom Energy | 73.20 Bn | 70.74 Bn | 225.54 Mn | 0.00% |
| 4 | nVent Electric | 26.87 Bn | 26.68 Bn | 445.60 Mn | 0.00% |
| 5 | Hubbell | 25.27 Bn | 24.77 Bn | 505.30 Mn | 0.00% |
| 6 | Advanced Energy Industries | 13.35 Bn | 13.35 Bn | 200.90 Mn | 0.00% |
| 7 | Powell Industries | 10.72 Bn | 10.17 Bn | 87.94 Mn | 0.00% |
| 8 | Ballard Power Systems | 10.33 Bn | 9.80 Bn | 5.64 Mn | - |
| 9 | Acuity Inc. (De) | 9.04 Bn | 8.77 Bn | 520.40 Mn | 0.00% |
| 10 | ESS Tech | - | - | -7.04 Mn | -0.07% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.07% |
| Dec 31, 2025 | -0.18% |
| Sep 30, 2025 | -0.82% |
| Jun 30, 2025 | -0.10% |
| Mar 31, 2025 | -0.04% |
| Dec 31, 2024 | -0.02% |
| Sep 30, 2024 | -0.01% |
| Jun 30, 2024 | -0.01% |
| Mar 31, 2024 | -0.01% |
| Dec 31, 2023 | -0.01% |
| Sep 30, 2023 | -0.01% |
| Jun 30, 2023 | -0.01% |
| Mar 31, 2023 | -0.01% |
| Dec 31, 2022 | -0.01% |
| Sep 30, 2022 | -0.01% |
| Jun 30, 2022 | 0.00% |
| Mar 31, 2022 | 0.00% |
| Dec 31, 2021 | 0.02% |
| Sep 30, 2021 | 0.00% |
| Jun 30, 2021 | 0.00% |