Growth Metrics

Energy Vault Holdings (NRGV) Return on Capital Employed (2021 - 2026)

Energy Vault Holdings posted quarterly Return on Capital Employed of 33.28% for Q1 2026, up 7708.0% year-on-year from 0.43% in Q1 2025, and up 40.77% on a QoQ basis from 56.18% in Q4 2025.

Energy Vault Holdings (NRGV) has 6 years of Return on Capital Employed data on file, last reported at 33.28% in Q1 2026.

  • For the quarter ending Q1 2026, Return on Capital Employed rose 7708.0% year-over-year to 33.28%; the trailing twelve-month figure through Mar 2026 stood at 33.28% (up 7708.0% YoY), and the FY2025 full-year result was 89.21%, down 2661.0% from the prior year.
  • Return on Capital Employed for Q1 2026 stood at 33.28%, up from 56.18% in the prior quarter.
  • Across five years, Return on Capital Employed topped out at 2.46% in Q1 2022 and bottomed at 141.67% in Q2 2025.
  • The 5-year median for Return on Capital Employed is 45.71% (2024), against an average of 53.43%.
  • The widest annual swing landed in 2025, when Return on Capital Employed tumbled 9596 bps; it then jumped 7708 bps in 2026.
  • A 5-year view of Return on Capital Employed shows it stood at 25.0% in 2022, then sank by 104 bps to 51.12% in 2023, then slumped by 55 bps to 79.4% in 2024, then advanced by 29 bps to 56.18% in 2025, then jumped by 41 bps to 33.28% in 2026.
  • The last three Return on Capital Employed figures came in at 33.28% (Q1 2026), 56.18% (Q4 2025), and 115.97% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 AXIA Energia 193.97 Bn 191.26 Bn 1.44 Bn 26.54%
2 Enlight Renewable Energy 13.10 Bn 12.57 Bn 85.64 Mn -
3 Ormat Technologies 8.30 Bn 8.16 Bn 78.83 Mn 3.12%
4 Fluence Energy 3.60 Bn 3.28 Bn 46.63 Mn 5.96%
5 Clearway Energy 1.42 Bn 4.77 Bn 220.00 Mn 1.14%
6 XPLR Infrastructure 1.16 Bn 8.69 Bn 141.00 Mn 0.17%
7 Energy Vault Holdings 916.05 Mn 870.62 Mn 4.79 Mn -33.28%
8 Ellomay Capital 782.29 Mn 671.00 Mn 1.49 Mn 2.19%
9 ReNew Energy Global 342.92 Mn 58.95 Mn 269.00 Mn -
10 Nextnrg 90.54 Mn 87.86 Mn 1.71 Mn 394.73%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 -33.28%
Dec 31, 2025 -56.18%
Sep 30, 2025 -115.97%
Jun 30, 2025 -141.67%
Mar 31, 2025 -110.35%
Dec 31, 2024 -79.40%
Sep 30, 2024 -56.47%
Jun 30, 2024 -45.71%
Mar 31, 2024 -40.42%
Dec 31, 2023 -51.12%
Sep 30, 2023 -38.81%
Jun 30, 2023 -48.42%
Mar 31, 2023 -41.03%
Dec 31, 2022 -25.00%
Sep 30, 2022 -16.32%
Jun 30, 2022 -5.74%
Mar 31, 2022 -2.46%
Dec 31, 2021 -14.80%