Energy Vault Holdings (NRGV) Return on Capital Employed (2021 - 2026)
Energy Vault Holdings' (NRGV) quarterly Return on Capital Employed came in at 33.28% in Q1 2026, up 7708.0% YoY from 0.43% in Q1 2025, and up 40.77% on a QoQ basis from 56.18% in Q4 2025.
Energy Vault Holdings (NRGV) Return on Capital Employed (2021 - 2026) Analysis & Trends
Energy Vault Holdings (NRGV) has 6 years of Return on Capital Employed data on file, last reported at 33.28% in Q1 2026.
- Quarterly Return on Capital Employed rose 7708.0% year-over-year to 33.28% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 33.28% (up 7708.0% YoY) and the FY2025 annual result came in at 89.21%, down 2661.0% from the prior year.
- Return on Capital Employed climbed to 33.28% in Q1 2026, from 56.18% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 2.46% in Q1 2022 to a low of 141.67% in Q2 2025.
- A 5-year average of 53.43% and a median of 45.71% in 2024 frame the typical range for Return on Capital Employed.
- Annual changes were most pronounced in 2025 — Return on Capital Employed sank 9596 bps — and 2026, when it jumped 7708 bps.
- Tracing NRGV's Return on Capital Employed over 5 years: stood at 25.0% in 2022, then slumped by 104 bps to 51.12% in 2023, then tumbled by 55 bps to 79.4% in 2024, then gained by 29 bps to 56.18% in 2025, then soared 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 11.89 Bn | 10.73 Bn | 117.49 Mn | 5.89% |
| 2 | Ormat Technologies | 6.96 Bn | 6.31 Bn | 68.70 Mn | 2.75% |
| 3 | Brookfield Renewable Partners | 4.63 Bn | 2.13 Bn | 623.00 Mn | 2.28% |
| 4 | Clearway Energy | 3.77 Bn | 3.43 Bn | 332.00 Mn | 1.32% |
| 5 | ReNew Energy Global | 2.48 Bn | 2.06 Bn | 269.00 Mn | 1.99% |
| 6 | Fluence Energy | 1.84 Bn | 1.27 Bn | 33.24 Mn | -1.58% |
| 7 | XPLR Infrastructure | 1.08 Bn | 583.98 Mn | - | -0.01% |
| 8 | Energy Vault Holdings | 685.75 Mn | 617.00 Mn | 4.79 Mn | -33.28% |
| 9 | AXIA Energia | 672.29 Mn | -1.91 Bn | 1.44 Bn | -1.59% |
| 10 | Eco Wave Power Global AB (publ) | 342.25 Mn | 342.25 Mn | - | -57.31% |
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% |