Toyo (TOYO) Invested Capital (2023 - 2026)

Toyo's (TOYO) quarterly Invested Capital came in at $1.4 million in Q1 2026, down 92.98% year-on-year from $19.4 million in Q1 2025, and down 75.12% quarter-over-quarter from $5.5 million in Q4 2025.

Toyo (TOYO) Invested Capital (2023 - 2026) Analysis & Trends

Toyo's Invested Capital history runs 4 years deep, the most recent figure standing at $1.4 million for Q1 2026.

  • On a quarterly basis, Invested Capital fell 92.98% year-over-year to $1.4 million in Q1 2026; TTM through Mar 2026 was $39.8 million, a 12.02% increase from a year earlier, with the FY2025 full-year figure at $5.5 million, down 66.07% from the prior year.
  • Invested Capital eased to $1.4 million in Q1 2026 per TOYO's latest filing, from $5.5 million in the prior quarter.
  • Across five years, Invested Capital topped out at $218.7 million in Q4 2023 and bottomed at $1.4 million in Q1 2026.
  • The 4-year median for Invested Capital is $14.8 million (2024), against an average of $45.8 million.
  • Across the five-year window, Invested Capital tumbled 66.07% in 2025 and slumped 92.98% in 2026, its largest moves.
  • Year by year, Invested Capital stood at $218.7 million in 2023, then sank by 92.63% to $16.1 million in 2024, then tumbled by 66.07% to $5.5 million in 2025, then plunged by 75.12% to $1.4 million in 2026.
  • Per Business Quant, the three latest TOYO Invested Capital figures stand at $1.4 million (Q1 2026), $5.5 million (Q4 2025), and $13.6 million (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 188.59 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn -
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn -
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn -
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 291.19 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn -
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 2.39 Bn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 10.25 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn 1.36 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.36 Mn
Dec 31, 2025 5.47 Mn
Jun 30, 2025 13.56 Mn
Mar 31, 2025 19.40 Mn
Dec 31, 2024 16.13 Mn
Dec 31, 2023 218.70 Mn