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FTC Solar FTCI Return on invested capital

Return on invested capital at other companies

Array Technologies, Inc. logo
Array Technologies, Inc.ARRY
-17%-6.7pp
Nextpower Inc.
 logo
Nextpower Inc. NXT
52.3%-12.3pp
Shoals Technologies Group, Inc. logo
Shoals Technologies Group, Inc.SHLS
9.2%+2.8pp
SolarEdge Technologies logo
SolarEdge TechnologiesSEDG
-37%-13.1pp
Sunrun logo
SunrunRUN
-22.3%-9.8pp
Stem logo
StemSTEM
-59.6%+910pp

Other financials

Income statement

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Revenue$17.3M-17.0%
Gross profit-$1.2M+64.4%
Operating income-$12.1M-14.2%
Net income$32.6M+954%
EPS (diluted)-$0.72-24.1%

Balance sheet

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Cash & equivalents$5.6M-4.6%
Total debt$23.4M+110%
Total equity-$6.1M-140%
Total assets$97.8M+16.4%

Cash flow

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Operating cash flow-$12.8M-50.6%
CapEx$276.0K+233%
Free cash flow-$13.0M-52.3%

Valuation

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Market cap$81.31M+35.9%
Enterprise value$99.09M+45.6%
P/S0.9×-0.1×

Profitability

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Gross margin-12%-1.5pp
Operating margin-38.4%-14.1pp
Net margin-44.9%-13.5pp
FCF margin-40.6%-9.6pp

Returns & leverage

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Return on equity-175.8%-1,003pp
Debt / equity1.3×+1.3×
Current ratio1.3×-0.1×

Where this comes from

Calculated from FTC Solar’s reported figures.

Based on trailing twelve months.

The official record: FTC Solar’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is FTC Solar's return on invested capital?
FTC Solar (FTCI) reported return on invested capital of -228% in Q1 2026.
How has FTC Solar's return on invested capital changed year-over-year?
FTC Solar's return on invested capital decreased by 42.3% year-over-year, from -160.2% to -228%.
What is the long-term trend for FTC Solar's return on invested capital?
Over 2 years (2022 to 2024), FTC Solar's return on invested capital has grown at a -22.1% compound annual growth rate (CAGR), from -302.9% to -183.7%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.