Xos (XOS) Return on Capital Employed (2021 - 2025)

Xos' (XOS) quarterly Return on Capital Employed came in at 76.18% in Q4 2025, down 308.0% year-on-year from 36.62% in Q4 2024, and down 2.71% quarter-over-quarter from 74.17% in Q3 2025.

Xos (XOS) Return on Capital Employed (2021 - 2025) Analysis & Trends

Xos' Return on Capital Employed history runs 5 years deep, the most recent figure standing at 76.18% for Q4 2025.

  • On a quarterly basis, Return on Capital Employed fell 308.0% year-over-year to 76.18% in Q4 2025; TTM through Dec 2025 was 76.18%, a 308.0% decrease from a year earlier, with the FY2025 full-year figure at 59.41%, up 3357.0% from the prior year.
  • Return on Capital Employed fell to 76.18% in Q4 2025 per XOS's latest filing, from 74.17% in the prior quarter.
  • Across five years, Return on Capital Employed topped out at 5.74% in Q2 2021 and bottomed at 94.26% in Q1 2025.
  • The 5-year median for Return on Capital Employed is 70.48% (2022), against an average of 59.78%.
  • Across the five-year window, Return on Capital Employed tumbled 4791 bps in 2022 and jumped 4351 bps in 2024, its largest moves.
  • Year by year, Return on Capital Employed stood at 23.7% in 2021, then sank by 197 bps to 70.48% in 2022, then fell by 9 bps to 77.01% in 2023, then increased by 5 bps to 73.1% in 2024, then fell by 4 bps to 76.18% in 2025.
  • Per Business Quant, the three latest XOS Return on Capital Employed figures stand at 76.18% (Q4 2025), 74.17% (Q3 2025), and 75.28% (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Greenpower Motor 1,097.89 Bn 1,097.89 Bn 1.26 Mn -54.85%
2 Caterpillar 399.37 Bn 395.30 Bn 6.11 Bn 19.06%
3 Deere 167.81 Bn 159.91 Bn 13.06 Bn -
4 Paccar 70.10 Bn 69.22 Bn 1.36 Bn -61.20%
5 CNH Industrial 13.79 Bn 12.18 Bn 1.22 Bn -
6 Oshkosh 9.74 Bn 9.49 Bn 311.90 Mn 12.28%
7 Agco 8.72 Bn 8.20 Bn 581.40 Mn 7.98%
8 Terex 6.68 Bn 6.29 Bn 206.00 Mn 5.03%
9 Blue Bird 2.36 Bn 2.08 Bn 70.65 Mn 43.06%
10 Xos 19.28 Mn 5.24 Mn -2.64 Mn -76.18%

Historic Data

Download Data
DateValue
Dec 31, 2025 -76.18%
Sep 30, 2025 -74.17%
Jun 30, 2025 -75.28%
Mar 31, 2025 -94.26%
Dec 31, 2024 -73.10%
Sep 30, 2024 -60.08%
Jun 30, 2024 -42.20%
Mar 31, 2024 -59.96%
Dec 31, 2023 -77.01%
Sep 30, 2023 -81.36%
Jun 30, 2023 -85.71%
Mar 31, 2023 -77.70%
Dec 31, 2022 -70.48%
Sep 30, 2022 -58.88%
Jun 30, 2022 -52.45%
Mar 31, 2022 -36.62%
Dec 31, 2021 -23.70%
Sep 30, 2021 -10.97%
Jun 30, 2021 -5.74%