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
DateValue
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%