Stem (STEM) Return on Capital Employed (2020 - 2026)

Stem (STEM) posted quarterly Return on Capital Employed of 25.12% for Q1 2026, up 23817.0% year-over-year from N/an in Q1 2025, and down 1.56% quarter-over-quarter from 24.73% in Q4 2025.

Stem (STEM) Return on Capital Employed (2020 - 2026) Analysis & Trends

Stem's Return on Capital Employed history runs 7 years deep, the most recent figure standing at 25.12% for Q1 2026.

  • In Q1 2026, Return on Capital Employed rose 23817.0% year-over-year to 25.12%; the TTM figure through Mar 2026 stood at 25.12% (up 23817.0% YoY), while the FY2025 annual figure was 21.21%, up 8804.0% from the prior year.
  • Return on Capital Employed for Q1 2026 stood at 25.12%, down from 24.73% in the prior quarter.
  • The five-year high for Return on Capital Employed was 9.53% in Q2 2022, with the low at 263.28% in Q1 2025.
  • The 5-year median for Return on Capital Employed is 18.88% (2024), against an average of 63.56%.
  • The sharpest annual moves came in 2025 and 2026: Return on Capital Employed slumped 24441 bps in 2025, then jumped 23817 bps in 2026.
  • Stem's Return on Capital Employed stood at 11.38% in 2022, then plunged by 40 bps to 15.91% in 2023, then sank by 1370 bps to 233.96% in 2024, then surged by 89 bps to 24.73% in 2025, then decreased by 2 bps to 25.12% in 2026.
  • Business Quant data shows STEM's Return on Capital Employed at 25.12% in Q1 2026, 24.73% in Q4 2025, and 36.71% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Enlight Renewable Energy 11.86 Bn 10.69 Bn 117.49 Mn 5.89%
2 Ormat Technologies 6.97 Bn 6.31 Bn 68.70 Mn 2.75%
3 Brookfield Renewable Partners 4.63 Bn 2.13 Bn 623.00 Mn 2.28%
4 Clearway Energy 3.79 Bn 3.45 Bn 332.00 Mn 1.32%
5 ReNew Energy Global 2.48 Bn 2.06 Bn 269.00 Mn 1.99%
6 Fluence Energy 1.83 Bn 1.27 Bn 33.24 Mn -1.58%
7 XPLR Infrastructure 1.08 Bn 584.55 Mn - -0.01%
8 AXIA Energia 672.29 Mn -1.91 Bn 1.44 Bn -1.59%
9 Energy Vault Holdings 671.14 Mn 602.39 Mn 4.79 Mn -33.28%
10 Stem 46.59 Mn 10.00 Mn 10.86 Mn -25.12%

Historic Data

Download Data
DateValue
Mar 31, 2026 -25.12%
Dec 31, 2025 -24.73%
Sep 30, 2025 -36.71%
Jun 30, 2025 -80.72%
Mar 31, 2025 -263.28%
Dec 31, 2024 -233.96%
Sep 30, 2024 -202.56%
Jun 30, 2024 -97.16%
Mar 31, 2024 -18.88%
Dec 31, 2023 -15.91%
Sep 30, 2023 -15.19%
Jun 30, 2023 -12.61%
Mar 31, 2023 -12.26%
Dec 31, 2022 -11.38%
Sep 30, 2022 -10.80%
Jun 30, 2022 -9.53%
Mar 31, 2022 -9.68%
Dec 31, 2021 -9.03%
Sep 30, 2021 -9.60%
Jun 30, 2021 -12.94%