Energy Vault Holdings (NRGV) Return on Equity [ROE] (2022 - 2026)
Energy Vault Holdings' Return on Equity [ROE] came in at -588.12% for Q2 2026, down 447.21 percentage points from -140.91% a year earlier and down 353.30 percentage points from the prior quarter.
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Analysis
Energy Vault Holdings (NRGV) Return on Equity [ROE] (2022 - 2026) Analysis & Trends
For FY2025, Energy Vault Holdings' Return on Equity [ROE] was -107.02%, down 29.42 percentage points from FY2024.
- Return on Equity [ROE] carries a three-year change of -35.53 percentage points (FY2022 to FY2025).
- Going back by year, Return on Equity [ROE] was -77.60% in FY2024 (-39.11 pp), -38.49% in FY2023 (+33.00 pp) and -71.49% in FY2022.
- The Q2 2026 figure represents the lowest quarterly Return on Equity [ROE] in data going back to Q1 2022.
- Year-over-year, Return on Equity [ROE] has declined for 14 consecutive quarters, with an average year-over-year change of -120.63 percentage points over the last eight quarters.
- Over the past five years, the year-over-year drop in Return on Equity [ROE] ranged from 0.67 percentage points (Q2 2024) to 447.21 percentage points (Q2 2026).
- Business Quant data shows NRGV's Return on Equity [ROE] at -234.83% (Q1 2026), -140.07% (Q4 2025) and -169.49% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 67.58% |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 19.39% |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 17.29% |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 27.24% |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 9.34% |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 24.29% |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 18.16% |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 11.73% |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 1.36% |
| 10 | Energy Vault Holdings | 714.36 Mn | 500.92 Mn | 5.38 Mn | -588.12% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -588.12% |
| Mar 31, 2026 | -234.83% |
| Dec 31, 2025 | -140.07% |
| Sep 30, 2025 | -169.49% |
| Jun 30, 2025 | -140.91% |
| Mar 31, 2025 | -112.66% |
| Dec 31, 2024 | -88.95% |
| Sep 30, 2024 | -51.31% |
| Jun 30, 2024 | -43.38% |
| Mar 31, 2024 | -40.55% |
| Dec 31, 2023 | -42.61% |
| Sep 30, 2023 | -40.96% |
| Jun 30, 2023 | -42.71% |
| Mar 31, 2023 | -32.37% |
| Dec 31, 2022 | -26.62% |
| Sep 30, 2022 | -22.34% |
| Jun 30, 2022 | -15.01% |
| Mar 31, 2022 | -19.78% |
API Access
Energy Vault Holdings Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=NRGV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=NRGV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();