SolarMax Technology SMXT
NASDAQ SMXT
$3.64 -0.12 (-3.06%)
At close: Aug 21, 2026 · 4:00 PM EDT

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

SolarMax Technology (SMXT) posted quarterly Return on Invested Capital of 0.0% for Q1 2026, little changed year-over-year from 0.0% in Q1 2025, and up 19.27% quarter-over-quarter from 0.0% in Q4 2025.

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

SolarMax Technology (SMXT) has reported Return on Invested Capital for 4 consecutive years, with 0.0% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Return on Invested Capital changed 0.0% year-over-year to 0.0%; the TTM figure through Mar 2026 stood at 0.0% (changed 0.0% YoY), while the FY2025 annual figure was 0.01%, up 8.0% from the prior year.
  • Return on Invested Capital advanced to 0.0% in Q1 2026 per SMXT's latest filing, from 0.0% in the prior quarter.
  • Across five years, Return on Invested Capital topped out at 0.0% in Q4 2023 and bottomed at 0.03% in Q1 2024.
  • Historically, Return on Invested Capital has averaged 0.01% across 4 years, with a median of 0.0% in 2025.
  • Annual changes were most pronounced in 2024 — Return on Invested Capital decreased 1 bps — and 2025, when it rose 2 bps.
  • SolarMax Technology's Return on Invested Capital stood at 0.0% in 2023, then sank by 1989 bps to 0.01% in 2024, then jumped by 93 bps to 0.0% in 2025, then gained by 19 bps to 0.0% in 2026.
  • Business Quant data shows SMXT's Return on Invested Capital at 0.0% in Q1 2026, 0.0% in Q4 2025, and 0.0% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 First Solar 23.03 Bn 21.30 Bn 605.00 Mn 0.02%
2 Nextpower 13.03 Bn 11.82 Bn 335.85 Mn -
3 Enphase Energy 5.10 Bn 4.16 Bn 175.01 Mn 0.00%
4 Sunrun 2.19 Bn 2.19 Bn 527.54 Mn 0.00%
5 Solaredge Technologies 1.89 Bn 1.31 Bn 95.15 Mn -
6 Shoals Technologies 1.19 Bn 1.18 Bn 49.53 Mn -
7 Canadian Solar 985.60 Mn -602.69 Mn 124.40 Mn 0.00%
8 JinkoSolar Holding 833.21 Mn -2.48 Bn 147.66 Mn -0.03%
9 Array Technologies 727.02 Mn 419.71 Mn 99.60 Mn -0.01%
10 SolarMax Technology 16.01 Mn 11.42 Mn 3.05 Mn 0.00%

Historic Data

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