Skip to content

Microvast Holdings, Inc. MVST Return on invested capital

Return on invested capital at other companies

SES AI logo
SES AISES
-39.9%-6.3pp
EnerSys logo
EnerSysENS
13.3%-3.0pp
Energy Vault Holdings logo
Energy Vault HoldingsNRGV
-70.3%-24.0pp
Albemarle logo
AlbemarleALB
-1.3%-0.6pp
Enovix Corporation logo
Enovix CorporationENVX
-38.3%-14.5pp
QuantumScape Corporation
 logo
QuantumScape Corporation QS
-43.9%-2.4pp

Other financials

Income statement

See full
Revenue$60.6M-48.0%
Gross profit$19.2M-55.5%
Operating income-$7.9M-152%
Net income$48.2M-22.0%
EPS (diluted)-$0.04-180%

Balance sheet

See full
Cash & equivalents$126.1M+2.5%
Total debt$93.3M-65.4%
Total equity$466.1M+2.6%
Total assets$987.5M+0.5%

Cash flow

See full
Operating cash flow-$22.8M-418%
CapEx$2.9M+21.7%
Free cash flow-$25.7M-632%

Valuation

See full
Market cap$374.8M-70.5%
Enterprise value$341.93M-75.9%
P/E152.7×
P/S-2.1×

Profitability

See full
Gross margin26.4%-8.6pp
Operating margin9.7%+5.4pp
Net margin-28.8%-5.3pp
FCF margin6.9%

Returns & leverage

See full
Return on equity-30.3%+5.7pp
Debt / equity0.2×-0.4×
Current ratio-0.4×

Where this comes from

Calculated from Microvast Holdings, Inc.’s reported figures.

Based on trailing twelve months.

The official record: Microvast Holdings, Inc.’s 10-Q, filed November 10, 2025, on SEC EDGAR. View the filing →

Ask your AI about Microvast Holdings, Inc.'s return on invested capital.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Microvast Holdings, Inc.'s return on invested capital?
Microvast Holdings, Inc. (MVST) reported return on invested capital of 7.1% in Q3 2025.
How has Microvast Holdings, Inc.'s return on invested capital changed year-over-year?
Microvast Holdings, Inc.'s return on invested capital increased by 130.0% year-over-year, from -23.8% to 7.1%.
What is the long-term trend for Microvast Holdings, Inc.'s return on invested capital?
Over 2 years (2022 to 2024), Microvast Holdings, Inc.'s return on invested capital has grown at a -35.9% compound annual growth rate (CAGR), from -48.4% to -19.9%.
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.