Microvast Holdings (MVST) Return on Invested Capital (2019 - 2025)

Microvast Holdings' Return on Invested Capital history runs 7 years deep, the most recent figure standing at 0.0% for Q4 2025.

• In Q4 2025, Return on Invested Capital changed N/A year-over-year to 0.0%; the TTM figure through Dec 2025 stood at 0.0% (changed N/A YoY), while the FY2025 annual figure was 0.0%, changed N/A from the prior year.
• Return on Invested Capital was 0.0% for Q4 2025 at Microvast Holdings, down from 0.0% in the prior quarter.
• In the past five years, Return on Invested Capital ranged from a high of 0.0% in Q2 2021 to a low of 0.36% in Q1 2022.
• Historically, Return on Invested Capital has averaged 0.02% across 5 years, with a median of 0.0% in 2023.
• The sharpest annual moves came in 2022 and 2023: Return on Invested Capital slumped 36 bps in 2022, then jumped 36 bps in 2023.
• A 5-year view of Return on Invested Capital shows it stood at 0.01% in 2021, then soared by 76 bps to 0.0% in 2022, then increased by 28 bps to 0.0% in 2023, then tumbled by 45 bps to 0.0% in 2024, then surged by 102 bps to 0.0% in 2025.
• The last three Return on Invested Capital figures came in at 0.0% (Q4 2025), 0.0% (Q3 2025), and 0.0% (Q2 2025), per Business Quant data.