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| Date | Value |
|---|---|
| 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% |