Growth Metrics

SolarMax Technology (SMXT) Return on Invested Capital (2023 - 2026)

SolarMax Technology (SMXT) reported Return on Invested Capital of 0.0% for Q1 2026, down 2.0% year-over-year from 0.0% in Q1 2025, and up 78.82% on a QoQ basis from 0.01% in Q4 2025.

SolarMax Technology (SMXT) has 4 years of Return on Invested Capital data on file, last reported at 0.0% in Q1 2026.

  • Quarterly Return on Invested Capital fell 2.0% year-over-year to 0.0% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.0% (down 2.0% YoY) and the FY2025 annual result came in at 0.08%, down 11.0% from the prior year.
  • Return on Invested Capital rose to 0.0% in Q1 2026 per SMXT's latest filing, from 0.01% in the prior quarter.
  • Across five years, Return on Invested Capital topped out at 0.22% in Q4 2024 and bottomed at 0.07% in Q3 2024.
  • The 4-year median for Return on Invested Capital is 0.01% (2023), against an average of 0.02%.
  • The widest annual swing landed in 2024, when Return on Invested Capital rose 22 bps; it then dropped 23 bps in 2025.
  • Tracing SMXT's Return on Invested Capital over 4 years: stood at 0.0% in 2023, then jumped by 57567 bps to 0.22% in 2024, then sank by 107 bps to 0.01% in 2025, then jumped by 79 bps to 0.0% in 2026.
  • Per Business Quant, the three latest SMXT Return on Invested Capital figures stand at 0.0% (Q1 2026), 0.01% (Q4 2025), and 0.01% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 0.00%
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 0.00%
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 0.00%
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 0.00%
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn -0.01%
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 0.00%
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 0.00%
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn -0.01%
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 0.00%
10 SolarMax Technology 30.01 Mn 25.71 Mn 3.05 Mn 0.00%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 0.00%
Dec 31, 2025 -0.04%
Sep 30, 2025 0.05%
Jun 30, 2025 0.02%
Mar 31, 2025 0.01%
Dec 31, 2024 0.92%
Sep 30, 2024 -0.05%
Jun 30, 2024 -0.03%
Mar 31, 2024 0.07%
Dec 31, 2023 0.00%