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

Stem (STEM) recorded quarterly Return on Capital Employed of 25.12% in Q1 2026, down 1.56% quarter-over-quarter from 24.73% in Q4 2025, and up 23817.0% on a YoY basis from N/an in Q1 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 was 25.12% for Q1 2026 at Stem, down from 24.73% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 9.53% in Q2 2022 to a low of 263.28% in Q1 2025.
  • Historically, Return on Capital Employed has averaged 63.56% across 5 years, with a median of 18.88% in 2024.
  • The sharpest annual moves came in 2025 and 2026: Return on Capital Employed tumbled 24441 bps in 2025, then surged 23817 bps in 2026.
  • A 5-year view of Return on Capital Employed shows it stood at 11.38% in 2022, then sank by 40 bps to 15.91% in 2023, then slumped by 1370 bps to 233.96% in 2024, then soared by 89 bps to 24.73% in 2025, then slipped by 2 bps to 25.12% in 2026.
  • The last three Return on Capital Employed figures came in at 25.12% (Q1 2026), 24.73% (Q4 2025), and 36.71% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 AXIA Energia 195.49 Bn 192.78 Bn 1.44 Bn -1.59%
2 Enlight Renewable Energy 11.88 Bn 11.35 Bn 85.64 Mn -
3 Ormat Technologies 8.40 Bn 8.26 Bn 78.83 Mn 3.12%
4 Fluence Energy 3.16 Bn 2.84 Bn 46.63 Mn 5.96%
5 Clearway Energy 1.31 Bn 4.67 Bn 220.00 Mn 1.14%
6 XPLR Infrastructure 1.10 Bn 8.63 Bn 141.00 Mn 0.17%
7 Energy Vault Holdings 736.45 Mn 691.02 Mn 4.79 Mn -33.28%
8 Ellomay Capital 669.51 Mn 591.75 Mn 1,508.00 2.41%
9 ReNew Energy Global 338.71 Mn 121.94 Mn 275.78 Mn -1.46%
10 Stem 62.17 Mn 25.97 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%