ESS Tech

ESS Tech ROCE

The Return on Capital Employed (ROCE) of ESS Tech (GWH) as of Nov 5, 2026 is -672.84 %. In the previous year, Return on Capital Employed (ROCE) was -310.89 % — a change of 116.42% (lower).

ROCE

-672.84 %

YoY

116.42%

Last updated:

In 2025, ESS Tech's return on capital employed (ROCE) was -672.84 %, a 116.42% increase from the -310.89 % ROCE in the previous year.

The ESS Tech ROCE history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROCE
Date
ROCE
Jan 1, 2019
-63.46 USD
Jan 1, 2020
1,837.80 USD
Jan 1, 2021
-29.54 USD
Jan 1, 2022
-77.02 USD
Jan 1, 2023
-83.11 USD
Jan 1, 2024
-310.89 USD
Jan 1, 2025
-672.84 USD
The ESS Tech ROCE history
YEARROCEYoY
-672.84 %+116.42%
-310.89 %+274.05%
-83.11 %+7.92%
-77.02 %+160.73%
-29.54 %-101.61%
1,837.80 %-2,995.81%
-63.46 %—

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

ESS Tech Stock analysis

What does ESS Tech do? ESS Tech, Inc. generates revenue through the sale of its iron flow battery products, specifically the Energy Warehouse and Energy Center. The Energy Warehouse provides storage from 50 kW to 90 kW with four to 12-hour durations, deployed in shipping container units for easy installation. The Energy Center offers customizable configurations tailored to customer power, energy, and duration requirements. Grid operators and commercial and industrial customers purchase these systems for grid flexibility and energy assurance, leveraging the non-flammable and non-toxic nature of the batteries. The company focuses on long-duration energy storage using earth-abundant materials, targeting applications where lithium-ion batteries are less favorable. Its products address energy delivery, duration, and cycle-life in a single platform, appealing to customers seeking reliable, sustainable energy solutions. The firm's manufacturing and R&D phase supports the development of these specialized battery systems for commercial and energy storage markets. ESS Tech, Inc. serves commercial and industrial customers and grid operators who require flexible energy storage solutions. The company's iron flow battery technology differentiates itself by offering a safe, durable alternative to lithium-ion batteries, with products designed for both standard and custom deployments. Sales are driven by the need for sustainable, long-duration storage that meets specific operational demands in energy-intensive sectors. ESS Tech is one of the most popular companies on Eulerpool.

ROCE Details

Unraveling ESS Tech's Return on Capital Employed (ROCE)

ESS Tech's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing ESS Tech's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

ESS Tech's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in ESS Tech’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about ESS Tech stock

Return on Capital Employed (ROCE) of ESS Tech is -672.84 % in 2025.

Return on Capital Employed (ROCE) of ESS Tech changed from -310.89 % to -672.84 %, representing a 116.42% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Capital Employed (ROCE) ESS Tech since 2006 – with annual values, charts, and detailed analysis.

ROCE is a profitability measure and stands for Return on Capital Employed or the return on invested capital. The measure shows the ratio of operating profit to the interest-bearing capital employed. The higher the return on capital employed, the more profitable a company operates and the higher the important free cash flow. The free cash flow refers to the portion of profits that is not needed for expanding the company at the end of a period, but is available to shareholders.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Capital Employed (ROCE)'s ESS Tech with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Capital Employed (ROCE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Capital Employed (ROCE).

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Profitability — ESS Tech

All Key Metrics — ESS Tech