Microvast Holdings (MVST) Return on Equity [ROE] (2021 - 2026)
Microvast Holdings (MVST) reported Return on Equity [ROE] of 10.16% for Q2 2026, up 38.13 percentage points from -27.97% a year earlier and up 19.93 percentage points from the prior quarter.
Powered by 
Analysis
Microvast Holdings (MVST) Return on Equity [ROE] (2021 - 2026) Analysis & Trends
For FY2025, Microvast Holdings posted Return on Equity [ROE] of -7.32%, up 33.74 percentage points from FY2024.
- Return on Equity [ROE] has a four-year change of +129.38 percentage points (FY2021 to FY2025).
- By year, Return on Equity [ROE] came in at -41.06% in FY2024 (-22.98 pp), -18.08% in FY2023 (+6.27 pp), -24.34% in FY2022 (+112.36 pp) and -136.70% in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Return on Equity [ROE] in data going back to Q3 2021.
- Year over year, Return on Equity [ROE] has now increased in each of the last three quarters, with an average year-over-year change of +6.20 percentage points over the last eight quarters.
- The high point for year-over-year Return on Equity [ROE] in five years was Q3 2022 (a gain of 96.89 percentage points); the low point was Q4 2024 (a drop of 25.92 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -9.76% (Q1 2026), -7.60% (Q4 2025) and -35.86% (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 | Microvast Holdings | 246.10 Mn | -203.57 Mn | 25.78 Mn | 10.16% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.16% |
| Mar 31, 2026 | -9.76% |
| Dec 31, 2025 | -7.60% |
| Sep 30, 2025 | -35.86% |
| Jun 30, 2025 | -27.97% |
| Mar 31, 2025 | -25.85% |
| Dec 31, 2024 | -44.73% |
| Sep 30, 2024 | -29.27% |
| Jun 30, 2024 | -35.39% |
| Mar 31, 2024 | -18.31% |
| Dec 31, 2023 | -18.81% |
| Sep 30, 2023 | -20.14% |
| Jun 30, 2023 | -21.24% |
| Mar 31, 2023 | -23.63% |
| Dec 31, 2022 | -25.75% |
| Sep 30, 2022 | -26.95% |
| Jun 30, 2022 | -38.29% |
| Mar 31, 2022 | -34.81% |
| Dec 31, 2021 | -29.42% |
| Sep 30, 2021 | -123.85% |
API Access
Microvast Holdings 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=MVST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "ticker": "MVST", "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=MVST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();