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% quarter-over-quarter from 0.01% in Q4 2025.
SolarMax Technology (SMXT) Return on Invested Capital (2023 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has 4 years of Return on Invested Capital data on file, last reported at 0.0% in Q1 2026.
- Return on Invested Capital for Q1 2026 came in at 0.0%, down 2.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.0% (down 2.0% YoY), and the FY2025 annual result was 0.08%, down 11.0% from the prior year.
- Return on Invested Capital improved to 0.0% in Q1 2026 per SMXT's latest filing, from 0.01% in the prior quarter.
- Over five years, Return on Invested Capital peaked at 0.22% in Q4 2024 and troughed at 0.07% in Q3 2024.
- A 4-year average of 0.02% and a median of 0.01% in 2023 frame the typical range for Return on Invested Capital.
- The sharpest annual moves came in 2024 and 2025: Return on Invested Capital advanced 22 bps in 2024, then fell 23 bps in 2025.
- A 4-year view of Return on Invested Capital shows it stood at 0.0% in 2023, then soared by 57567 bps to 0.22% in 2024, then tumbled by 107 bps to 0.01% in 2025, then soared by 79 bps to 0.0% in 2026.
- Business Quant data shows SMXT's Return on Invested Capital at 0.0% in Q1 2026, 0.01% in Q4 2025, and 0.01% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 0.00% |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 0.00% |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 0.00% |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | -0.01% |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 0.00% |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 0.00% |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | -0.01% |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 0.00% |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 0.00% |
| 10 | SolarMax Technology | 21.92 Mn | 17.61 Mn | 3.05 Mn | 0.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.00% |
| Dec 31, 2025 | -0.01% |
| Sep 30, 2025 | 0.01% |
| Jun 30, 2025 | 0.02% |
| Mar 31, 2025 | 0.02% |
| Dec 31, 2024 | 0.22% |
| Sep 30, 2024 | -0.07% |
| Jun 30, 2024 | -0.05% |
| Mar 31, 2024 | 0.07% |
| Dec 31, 2023 | 0.00% |