Microvast Holdings (MVST) Return on Equity [ROE] (2019 - 2026)
Microvast Holdings (MVST) reported Return on Equity [ROE] of -4.73% for Q3 2026, up 31.13 percentage points from -35.86% a year earlier but down 14.89 percentage points from the prior quarter.
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Analysis
Microvast Holdings (MVST) Return on Equity [ROE] (2019 - 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.
- Five-year quarterly Return on Equity [ROE] spans a low of -44.73% in Q4 2024 and a high of 10.16% in Q2 2026.
- Year over year, Return on Equity [ROE] has now increased in each of the last four quarters, with an average year-over-year change of +11.23 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 Q3 2026 came in at 10.16% (Q2 2026), -9.76% (Q1 2026) and -7.60% (Q4 2025).
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 | Microvast Holdings | 84.60 Mn | -359.15 Mn | 2.40 Mn | -4.73% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -4.73% |
| 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% |
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();