Tigo Energy (TYGO) Return on Invested Capital [ROIC] (2023 - 2025)
Tigo Energy (TYGO) reported Return on Invested Capital [ROIC] of -10.36% for Q4 2025, up 75.85 percentage points from -86.20% a year earlier and up 44.24 percentage points from the prior quarter.
Tigo Energy (TYGO) Return on Invested Capital [ROIC] (2023 - 2025) Analysis & Trends
For FY2025, Tigo Energy posted Return on Invested Capital [ROIC] of -11.76%, up 60.82 percentage points from FY2024.
- By year, Return on Invested Capital [ROIC] came in at -72.58% in FY2024 (-44.69 pp) and -27.89% in FY2023.
- The Q4 2025 figure ranks as the highest quarterly Return on Invested Capital [ROIC] since Q2 2024.
- Year over year, Return on Invested Capital [ROIC] gained in 1 of the last seven quarters, with an average year-over-year change of -39.27 percentage points.
- Per Business Quant data, the three quarters before Q4 2025 came in at -54.60% (Q3 2025), -85.81% (Q2 2025) and -98.28% (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 263.36 Bn | 224.44 Bn | 2.36 Bn | 10.65% |
| 2 | Bloom Energy | 84.85 Bn | 76.67 Bn | 355.57 Mn | 26.62% |
| 3 | First Solar | 18.77 Bn | 9.72 Bn | 605.00 Mn | 16.76% |
| 4 | Generac Holdings | 12.79 Bn | 11.62 Bn | 521.81 Mn | 7.88% |
| 5 | Nextpower | 12.78 Bn | 8.68 Bn | 335.85 Mn | - |
| 6 | BWX Technologies | 12.36 Bn | 10.66 Bn | 202.31 Mn | 10.63% |
| 7 | EnerSys | 7.13 Bn | 5.32 Bn | 313.36 Mn | 13.79% |
| 8 | Enphase Energy | 4.42 Bn | -436.70 Mn | 175.01 Mn | 5.27% |
| 9 | Mirion Technologies | 3.57 Bn | 1.46 Bn | 133.10 Mn | 1.97% |
| 10 | Tigo Energy | 66.79 Mn | -9.68 Mn | 10.00 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -10.36% |
| Sep 30, 2025 | -54.60% |
| Jun 30, 2025 | -85.81% |
| Mar 31, 2025 | -98.28% |
| Dec 31, 2024 | -86.20% |
| Sep 30, 2024 | -54.35% |
| Jun 30, 2024 | 0.00% |
| Mar 31, 2024 | -27.59% |
| Dec 31, 2023 | -7.52% |
| Sep 30, 2023 | 7.01% |
| Jun 30, 2023 | 53.91% |
Tigo Energy 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=TYGO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "TYGO", "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=TYGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();