Verde Clean Fuels (VGAS) Return on Capital Employed (2021 - 2026)
Verde Clean Fuels (VGAS) posted Return on Capital Employed of 28.03% for Q1 2026, down 4.95% sequentially from 26.7% in Q4 2025, and down 82.0% YoY from 155.71% in Q1 2025.
Verde Clean Fuels (VGAS) Return on Capital Employed (2021 - 2026) Analysis & Trends
Verde Clean Fuels has reported Return on Capital Employed for 6 years, with the latest figure at 28.03% in Q1 2026.
- Quarterly Return on Capital Employed fell 82.0% year-over-year to 28.03% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 28.03% (down 82.0% YoY) and the FY2025 annual result came in at 41.33%, up 541.0% from the prior year.
- Return on Capital Employed slipped to 28.03% in Q1 2026 per VGAS's latest filing, from 26.7% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 4.75% in Q1 2023 and troughed at 53.16% in Q4 2024.
- A 5-year average of 21.03% and a median of 26.23% in 2023 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2024 and 2025: Return on Capital Employed slumped 4174 bps in 2024, then soared 2919 bps in 2025.
- Over 5 years, Return on Capital Employed stood at 3.13% in 2022, then slumped by 1193 bps to 34.25% in 2023, then sank by 55 bps to 53.16% in 2024, then surged by 50 bps to 26.7% in 2025, then slipped by 5 bps to 28.03% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 28.03%, 26.7%, and 18.71% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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 | Verde Clean Fuels | 28.47 Mn | -25.91 Mn | - | -28.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -28.03% |
| Dec 31, 2025 | -26.70% |
| Sep 30, 2025 | -18.71% |
| Jun 30, 2025 | -17.95% |
| Mar 31, 2025 | -27.20% |
| Dec 31, 2024 | -53.16% |
| Sep 30, 2024 | -47.90% |
| Jun 30, 2024 | -42.92% |
| Mar 31, 2024 | -36.99% |
| Dec 31, 2023 | -34.25% |
| Sep 30, 2023 | -26.23% |
| Jun 30, 2023 | -5.43% |
| Mar 31, 2023 | 4.75% |
| Dec 31, 2022 | 3.13% |
| Sep 30, 2022 | 1.88% |
| Jun 30, 2022 | -0.69% |
| Mar 31, 2022 | -1.08% |
| Dec 31, 2021 | -0.26% |