Expion Energy (XPON) Return on Invested Capital [ROIC] (2022 - 2026)
Expion Energy (XPON) reported Return on Invested Capital [ROIC] of -201.15% for Q2 2026, down 4.46 percentage points from -196.70% a year earlier and down 26.53 percentage points from the prior quarter.
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Analysis
Expion Energy (XPON) Return on Invested Capital [ROIC] (2022 - 2026) Analysis & Trends
For FY2025, Expion Energy posted Return on Invested Capital [ROIC] of -225.78%, down 65.89 percentage points from FY2024.
- Return on Invested Capital [ROIC] has declined for three consecutive years, with a three-year change of -152.83 percentage points (FY2022 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at -159.89% in FY2024 (-81.60 pp), -78.29% in FY2023 (-5.34 pp) and -72.95% in FY2022.
- The Q2 2026 figure ranks as the lowest quarterly Return on Invested Capital [ROIC] since Q4 2024.
- Year over year, Return on Invested Capital [ROIC] gained in four of the last eight quarters, with an average year-over-year change of -6.86 percentage points.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q3 2025 (a gain of 162.87 percentage points); the low point was Q3 2024 (a drop of 199.18 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -174.63% (Q1 2026), -134.21% (Q4 2025) and -116.04% (Q3 2025).
Peer Set
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 | Expion Energy | 4.00 Mn | -7.90 Mn | 658,266.00 | -201.15% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -201.15% |
| Mar 31, 2026 | -174.63% |
| Dec 31, 2025 | -134.21% |
| Sep 30, 2025 | -116.04% |
| Jun 30, 2025 | -196.70% |
| Mar 31, 2025 | -192.44% |
| Dec 31, 2024 | -244.09% |
| Sep 30, 2024 | -278.92% |
| Jun 30, 2024 | -227.98% |
| Mar 31, 2024 | -154.92% |
| Dec 31, 2023 | -108.53% |
| Sep 30, 2023 | -79.73% |
| Jun 30, 2023 | -61.03% |
| Dec 31, 2022 | -45.36% |
| Sep 30, 2022 | -38.63% |
| Jun 30, 2022 | -49.07% |
API Access
Expion 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=XPON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "XPON", "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=XPON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();