Ses Ai (SES) Return on Capital Employed [ROCE] (2021 - 2026)
Ses Ai's Return on Capital Employed [ROCE] was -33.93% in Q2 2026, up 5.41 percentage points from -39.33% a year earlier but down 0.91 percentage points from the prior quarter.
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Analysis
Ses Ai (SES) Return on Capital Employed [ROCE] (2021 - 2026) Analysis & Trends
For FY2025, Return on Capital Employed [ROCE] at Ses Ai came in at -29.82%, up 1.80 percentage points from FY2024.
- Return on Capital Employed [ROCE] shows a four-year change of +7.41 percentage points (FY2021 to FY2025).
- In earlier years, Return on Capital Employed [ROCE] was -31.62% in FY2024 (-12.24 pp), -19.38% in FY2023 (+7.36 pp), -26.74% in FY2022 (+10.48 pp) and -37.23% in FY2021.
- Quarterly Return on Capital Employed [ROCE] has moved between -39.33% (Q2 2025) and -13.17% (Q2 2022) over five years.
- Compared with a year earlier, Return on Capital Employed [ROCE] has increased for three straight quarters, with an average year-over-year change of -6.41 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was Q2 2026 (a gain of 5.41 percentage points); the worst was Q1 2025 (a drop of 16.55 percentage points).
- Per Business Quant data, SES's Return on Capital Employed [ROCE] in the three quarters before Q2 2026 was -33.02% (Q1 2026), -32.20% (Q4 2025) and -35.96% (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 | Ses Ai | 287.99 Mn | 288.00 Mn | 1.15 Mn | -33.93% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -33.93% |
| Mar 31, 2026 | -33.02% |
| Dec 31, 2025 | -32.20% |
| Sep 30, 2025 | -35.96% |
| Jun 30, 2025 | -39.33% |
| Mar 31, 2025 | -36.90% |
| Dec 31, 2024 | -34.46% |
| Sep 30, 2024 | -28.83% |
| Jun 30, 2024 | -22.90% |
| Mar 31, 2024 | -20.35% |
| Dec 31, 2023 | -20.32% |
| Sep 30, 2023 | -20.22% |
| Jun 30, 2023 | -20.23% |
| Mar 31, 2023 | -19.62% |
| Dec 31, 2022 | -18.86% |
| Sep 30, 2022 | -16.28% |
| Jun 30, 2022 | -13.17% |
| Mar 31, 2022 | -15.22% |
| Dec 31, 2021 | -14.20% |
API Access
Ses Ai 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=SES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "SES", "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=SES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();