SolarMax Technology (SMXT) Return on Invested Capital [ROIC] (2024 - 2026)
SolarMax Technology (SMXT) recorded Return on Invested Capital [ROIC] of -29.62% in Q2 2026, up 38.69 percentage points from -68.31% a year earlier but down 7.92 percentage points from the prior quarter.
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Analysis
SolarMax Technology (SMXT) Return on Invested Capital [ROIC] (2024 - 2026) Analysis & Trends
For FY2025, SolarMax Technology reported Return on Invested Capital [ROIC] of -53.41%, up 310.35 percentage points from FY2024.
- Across earlier years, Return on Invested Capital [ROIC] came in at -363.76% in FY2024 (-366.40 pp) and 2.64% in FY2023.
- Quarterly Return on Invested Capital [ROIC] has ranged from -315.09% in Q4 2024 to -21.70% in Q1 2026 over the past five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased for six consecutive quarters, with an average year-over-year change of +92.03 percentage points over the last six quarters.
- Per Business Quant, the preceding three quarters came in at -21.70% (Q1 2026), -31.75% (Q4 2025) and -31.74% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 87.86 Bn | 84.32 Bn | 2.01 Bn | 11.66% |
| 2 | Ferrovial | 43.95 Bn | 24.55 Bn | - | - |
| 3 | Emcor | 28.40 Bn | 24.67 Bn | 1.11 Bn | - |
| 4 | Jacobs Solutions | 18.40 Bn | 13.04 Bn | 810.70 Mn | 5.77% |
| 5 | Mastec | 14.54 Bn | 13.22 Bn | 660.86 Mn | 9.51% |
| 6 | Aecom | 9.09 Bn | 4.41 Bn | -34.04 Mn | 9.89% |
| 7 | Sterling Infrastructure | 8.86 Bn | 7.32 Bn | 377.28 Mn | 35.87% |
| 8 | Stantec | 8.64 Bn | 7.57 Bn | 1.36 Bn | 37.84% |
| 9 | IES Holdings | 6.87 Bn | 5.74 Bn | 340.66 Mn | - |
| 10 | SolarMax Technology | 21.01 Mn | 855,124.00 | 2.41 Mn | -24.16% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -24.16% |
| Mar 31, 2026 | -19.67% |
| Dec 31, 2025 | -27.29% |
| Sep 30, 2025 | -23.60% |
| Jun 30, 2025 | -46.97% |
| Mar 31, 2025 | -74.92% |
| Dec 31, 2024 | -200.07% |
| Sep 30, 2024 | -98.38% |
| Jun 30, 2024 | -58.00% |
| Mar 31, 2024 | -90.41% |
API Access
SolarMax Technology Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=SMXT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=SMXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();