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| Date | Value |
|---|---|
| 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% |