ESS Tech (GWH) Return on Equity [ROE] (2022 - 2026)
ESS Tech (GWH) posted Return on Equity [ROE] of -1675.34% for Q2 2026, down 675.77 percentage points from -999.57% a year earlier and down 1088.08 percentage points from the prior quarter.
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Analysis
ESS Tech (GWH) Return on Equity [ROE] (2022 - 2026) Analysis & Trends
For FY2025, ESS Tech's Return on Equity [ROE] came in at -306.15%, down 170.34 percentage points from FY2024.
- Annual Return on Equity [ROE] has declined for three consecutive years, with a four-year change of -235.65 percentage points (FY2021 to FY2025).
- In prior years, ESS Tech's Return on Equity [ROE] was -135.81% in FY2024 (-64.32 pp), -71.49% in FY2023 (-9.82 pp), -61.67% in FY2022 (+8.83 pp) and -70.50% in FY2021.
- Quarterly Return on Equity [ROE] has run from a low of -8199.22% in Q3 2025 to a high of -36.84% in Q1 2022 over five years.
- On a year-over-year basis, Return on Equity [ROE] has declined in each of the last nine quarters, with an average year-over-year change of -1472.65 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Equity [ROE] in the past five years was Q1 2024, with a gain of 0.18 percentage points; the weakest was Q3 2025, with a drop of 8054.83 percentage points.
- According to Business Quant data, Return on Equity [ROE] for the three prior quarters was -587.26% (Q1 2026), -1675.87% (Q4 2025) and -8199.22% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 67.58% |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 19.39% |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 17.29% |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 27.24% |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 9.34% |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 24.29% |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 18.16% |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 11.73% |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 1.36% |
| 10 | ESS Tech | 5.59 Mn | 5.59 Mn | -7.42 Mn | -1,675.34% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1,675.34% |
| Mar 31, 2026 | -587.26% |
| Dec 31, 2025 | -1,675.87% |
| Sep 30, 2025 | -8,199.22% |
| Jun 30, 2025 | -999.57% |
| Mar 31, 2025 | -431.85% |
| Dec 31, 2024 | -230.00% |
| Sep 30, 2024 | -144.39% |
| Jun 30, 2024 | -101.77% |
| Mar 31, 2024 | -84.63% |
| Dec 31, 2023 | -78.16% |
| Sep 30, 2023 | -91.91% |
| Jun 30, 2023 | -100.53% |
| Mar 31, 2023 | -84.81% |
| Dec 31, 2022 | -71.48% |
| Sep 30, 2022 | -61.00% |
| Jun 30, 2022 | -45.85% |
| Mar 31, 2022 | -36.84% |
API Access
ESS Tech 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=GWH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "ticker": "GWH", "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=GWH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();