Ultralife (ULBI) Return on Invested Capital [ROIC] (2009 - 2026)
Ultralife (ULBI) posted Return on Invested Capital [ROIC] of -1.36% for Q3 2026, down 3.83 percentage points from 2.47% a year earlier but up 1.88 percentage points from the prior quarter.
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Analysis
Ultralife (ULBI) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Ultralife's Return on Invested Capital [ROIC] came in at -2.27%, down 6.80 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] shows a five-year change of -5.80 percentage points (FY2020 to FY2025).
- In prior years, Ultralife's Return on Invested Capital [ROIC] was 4.53% in FY2024 (-0.63 pp), 5.16% in FY2023 (+5.13 pp), 0.03% in FY2022 (unchanged) and 0.03% in FY2021 (-3.50 pp).
- Quarterly Return on Invested Capital [ROIC] has run from a low of -3.84% in Q1 2026 to a high of 7.50% in Q2 2024 over five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined in each of the last eight quarters, with an average year-over-year change of -4.65 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q1 2024, with a gain of 6.80 percentage points; the weakest was Q1 2026, with a drop of 7.55 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was -3.25% (Q2 2026), -3.84% (Q1 2026) and -2.28% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 18.10% |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 31.22% |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 17.06% |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | - |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 10.85% |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 8.39% |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 8.02% |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | 15.15% |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 2.11% |
| 10 | Ultralife | 262.13 Mn | 228.71 Mn | 13.29 Mn | -1.36% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -1.36% |
| Jun 30, 2026 | -3.25% |
| Mar 31, 2026 | -3.84% |
| Dec 31, 2025 | -2.28% |
| Sep 30, 2025 | 2.47% |
| Jun 30, 2025 | 2.98% |
| Mar 31, 2025 | 3.70% |
| Dec 31, 2024 | 4.65% |
| Sep 30, 2024 | 6.97% |
| Jun 30, 2024 | 7.50% |
| Mar 31, 2024 | 6.99% |
| Dec 31, 2023 | 4.98% |
| Sep 30, 2023 | 3.01% |
| Jun 30, 2023 | 1.68% |
| Mar 31, 2023 | 0.19% |
| Dec 31, 2022 | 0.03% |
| Sep 30, 2022 | -0.69% |
| Jun 30, 2022 | -0.81% |
| Mar 31, 2022 | -0.64% |
| Dec 31, 2021 | 0.03% |
API Access
Ultralife 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=ULBI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "ULBI", "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=ULBI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();