Energy Vault Holdings (NRGV) Return on Assets [ROA] (2021 - 2026)
Energy Vault Holdings (NRGV) recorded Return on Assets [ROA] of -32.83% in Q2 2026, up 29.19 percentage points from -62.02% a year earlier and up 4.81 percentage points from the prior quarter.
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Analysis
Energy Vault Holdings (NRGV) Return on Assets [ROA] (2021 - 2026) Analysis & Trends
For FY2025, Energy Vault Holdings reported Return on Assets [ROA] of -41.73%, up 10.04 percentage points from FY2024.
- Annual Return on Assets [ROA] has a four-year change of +8.21 percentage points (FY2021 to FY2025).
- Across earlier years, Return on Assets [ROA] came in at -51.77% in FY2024 (-25.78 pp), -25.99% in FY2023 (+2.90 pp), -28.89% in FY2022 (+21.05 pp) and -49.94% in FY2021.
- The Q2 2026 figure is the highest quarterly Return on Assets [ROA] since Q2 2024.
- On a year-over-year basis, Return on Assets [ROA] has increased for three consecutive quarters, with an average year-over-year change of -4.86 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Assets [ROA] in the last five years was a gain of 30.06 percentage points in Q1 2026, against a drop of 39.48 percentage points in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at -37.64% (Q1 2026), -34.86% (Q4 2025) and -54.56% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 262.99 Bn | 224.06 Bn | 2.36 Bn | 12.18% |
| 2 | Bloom Energy | 81.45 Bn | 73.27 Bn | 355.57 Mn | 4.88% |
| 3 | First Solar | 18.50 Bn | 9.45 Bn | 605.00 Mn | 13.06% |
| 4 | BWX Technologies | 12.53 Bn | 10.83 Bn | 202.31 Mn | 8.14% |
| 5 | Generac Holdings | 12.26 Bn | 11.09 Bn | 521.81 Mn | 4.56% |
| 6 | Nextpower | 12.05 Bn | 7.95 Bn | 335.85 Mn | 14.25% |
| 7 | EnerSys | 6.88 Bn | 5.08 Bn | 313.36 Mn | 8.86% |
| 8 | Enphase Energy | 4.34 Bn | -522.59 Mn | 175.01 Mn | 4.75% |
| 9 | Mirion Technologies | 3.51 Bn | 1.40 Bn | 133.10 Mn | 0.73% |
| 10 | Energy Vault Holdings | 699.97 Mn | 486.52 Mn | 5.38 Mn | -32.83% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -32.83% |
| Mar 31, 2026 | -37.64% |
| Dec 31, 2025 | -34.86% |
| Sep 30, 2025 | -54.56% |
| Jun 30, 2025 | -62.02% |
| Mar 31, 2025 | -67.70% |
| Dec 31, 2024 | -62.19% |
| Sep 30, 2024 | -37.81% |
| Jun 30, 2024 | -32.67% |
| Mar 31, 2024 | -28.22% |
| Dec 31, 2023 | -30.70% |
| Sep 30, 2023 | -29.45% |
| Jun 30, 2023 | -28.86% |
| Mar 31, 2023 | -22.36% |
| Dec 31, 2022 | -20.73% |
| Sep 30, 2022 | -19.82% |
| Jun 30, 2022 | -12.96% |
| Mar 31, 2022 | -9.40% |
| Dec 31, 2021 | -15.15% |
API Access
Energy Vault Holdings Return on Assets [ROA] 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-assets-%5Broa%5D&ticker=NRGV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "ticker": "NRGV", "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-assets-%5Broa%5D&ticker=NRGV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();