SolarMax Technology (SMXT) Invested Capital (2022 - 2026)
SolarMax Technology (SMXT) posted Invested Capital of $20.75 million for Q2 2026, down 7.1% from $22.33 million a year earlier and down 19.4% from the prior quarter.
SolarMax Technology (SMXT) Invested Capital (2022 - 2026) Analysis & Trends
For FY2025, SolarMax Technology's Invested Capital came in at $12.94 million, up 83.6% from FY2024.
- Annual Invested Capital shows a three-year compound annual growth rate of -20.3% (FY2022 to FY2025).
- In prior years, SolarMax Technology's Invested Capital was $7.05 million in FY2024 (-36.8%), $11.15 million in FY2023 (-56.4%) and $25.55 million in FY2022.
- Quarterly Invested Capital has run from a low of $7.05 million in Q4 2024 to a high of $30.81 million in Q2 2024 over five years.
- On a year-over-year basis, Invested Capital increased in four of the last seven quarters, with growth averaging 14.5%.
- The strongest year-over-year quarter for Invested Capital in the past five years was Q4 2025, with growth of 83.6%; the weakest was Q4 2023, with a decline of 56.4%.
- According to Business Quant data, Invested Capital for the three prior quarters was $25.74 million (Q1 2026), $12.94 million (Q4 2025) and $20.69 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 85.32 Bn | 83.39 Bn | 1.55 Bn | 15.85 Bn |
| 2 | Ferrovial | 35.44 Bn | 13.68 Bn | - | 19.19 Bn |
| 3 | Emcor | 29.84 Bn | 26.23 Bn | 1.02 Bn | - |
| 4 | Jacobs Solutions | 16.86 Bn | 11.53 Bn | 810.70 Mn | 6.84 Bn |
| 5 | Mastec | 13.69 Bn | 12.47 Bn | 556.28 Mn | 6.34 Bn |
| 6 | Sterling Infrastructure | 11.80 Bn | 10.13 Bn | 289.96 Mn | 1.67 Bn |
| 7 | IES Holdings | 9.11 Bn | 7.97 Bn | 340.66 Mn | - |
| 8 | Stantec | 8.03 Bn | 6.96 Bn | 1.36 Bn | 2.61 Bn |
| 9 | Aecom | 7.66 Bn | 2.78 Bn | -34.04 Mn | 5.14 Bn |
| 10 | SolarMax Technology | 22.19 Mn | 2.04 Mn | 2.41 Mn | 27.25 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.25 Mn |
| Mar 31, 2026 | 29.74 Mn |
| Dec 31, 2025 | 12.94 Mn |
| Sep 30, 2025 | 26.19 Mn |
| Jun 30, 2025 | 31.69 Mn |
| Mar 31, 2025 | 31.10 Mn |
| Dec 31, 2024 | 9.95 Mn |
| Sep 30, 2024 | 13.96 Mn |
| Jun 30, 2024 | 40.07 Mn |
| Mar 31, 2024 | 28.71 Mn |
| Dec 31, 2023 | 13.15 Mn |
| Dec 31, 2022 | 27.58 Mn |
SolarMax Technology Invested Capital 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=invested-capital&ticker=SMXT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "SMXT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=SMXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();