QuantumScape (QS) Return on Capital Employed [ROCE] (2020 - 2026)
QuantumScape (QS) recorded Return on Capital Employed [ROCE] of -38.27% in Q2 2026, up 5.19 percentage points from -43.45% a year earlier but down 0.86 percentage points from the prior quarter.
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Analysis
QuantumScape (QS) Return on Capital Employed [ROCE] (2020 - 2026) Analysis & Trends
For FY2025, QuantumScape reported Return on Capital Employed [ROCE] of -37.70%, up 1.29 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has a five-year change of -24.35 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at -38.98% in FY2024 (-5.52 pp), -33.46% in FY2023 (-6.30 pp), -27.16% in FY2022 (-11.34 pp) and -15.82% in FY2021 (-2.48 pp).
- Quarterly Return on Capital Employed [ROCE] has ranged from -43.45% in Q2 2025 to -10.40% in Q3 2021 over the past five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased for four consecutive quarters, with an average year-over-year change of -1.63 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 5.23 percentage points in Q4 2025, against a drop of 16.15 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at -37.41% (Q1 2026), -37.39% (Q4 2025) and -40.64% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 263.36 Bn | 224.44 Bn | 2.36 Bn | 8.04% |
| 2 | Bloom Energy | 84.85 Bn | 76.67 Bn | 355.57 Mn | 8.69% |
| 3 | First Solar | 18.77 Bn | 9.72 Bn | 605.00 Mn | 16.07% |
| 4 | Generac Holdings | 12.79 Bn | 11.62 Bn | 521.81 Mn | 9.38% |
| 5 | Nextpower | 12.78 Bn | 8.68 Bn | 335.85 Mn | 23.08% |
| 6 | BWX Technologies | 12.36 Bn | 10.66 Bn | 202.31 Mn | 11.64% |
| 7 | EnerSys | 7.13 Bn | 5.32 Bn | 313.36 Mn | 15.27% |
| 8 | Enphase Energy | 4.42 Bn | -436.70 Mn | 175.01 Mn | 4.90% |
| 9 | Mirion Technologies | 3.57 Bn | 1.46 Bn | 133.10 Mn | 1.68% |
| 10 | QuantumScape | 2.82 Bn | 2.82 Bn | - | -38.27% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -38.27% |
| Mar 31, 2026 | -37.41% |
| Dec 31, 2025 | -37.39% |
| Sep 30, 2025 | -40.64% |
| Jun 30, 2025 | -43.45% |
| Mar 31, 2025 | -41.74% |
| Dec 31, 2024 | -42.62% |
| Sep 30, 2024 | -40.92% |
| Jun 30, 2024 | -38.84% |
| Mar 31, 2024 | -36.24% |
| Dec 31, 2023 | -32.44% |
| Sep 30, 2023 | -33.17% |
| Jun 30, 2023 | -35.12% |
| Mar 31, 2023 | -31.43% |
| Dec 31, 2022 | -28.76% |
| Sep 30, 2022 | -24.34% |
| Jun 30, 2022 | -19.14% |
| Mar 31, 2022 | -15.70% |
| Dec 31, 2021 | -12.61% |
| Sep 30, 2021 | -10.40% |
API Access
QuantumScape Return on Capital Employed [ROCE] 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-capital-employed-%5Broce%5D&ticker=QS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "QS", "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-capital-employed-%5Broce%5D&ticker=QS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();