Skip to content

Energy Vault Holdings NRGV Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin22.1%+2.9pp23.6%+10.2pp22.7%+16.8pp20.2%+15.5pp19.1%+14.1pp
Operating margin-35.8%+233pp-36.5%+245pp-139.6%-60.4pp-244.7%-212pp-268.8%-240pp
Net margin-53%+236pp-50.9%+243pp-172.6%-99.2pp-279.4%-250pp-289%-263pp
Returns
Return on equity-158.2%-75.2pp-107%-29.4pp-111.5%-65.4pp-101.1%-61.2pp-83%-45.9pp
Return on invested capital-70.3%+75.5pp-94%+52.4pp-105.5%-7.2pp-141.2%-24.5pp-145.8%-10.9pp
Efficiency
Asset turnover0.8×+0.7×0.8×+0.6×0.3×-0.2×0.2×-0.8×0.2×-0.8×
Liquidity
Current ratio1.4×+0.6×0.7×-0.5×0.6×-1.2×0.7×-2.2×0.9×-2.1×
Leverage
Debt-to-equity6.9×+6.7×1.4×+1.4×1.2×+1.2×0.7×+0.7×0.2×+0.2×
Per Share
Book value per share$0.18-76.3%$0.42-50.1%$0.49-58.5%$0.58-56.1%$0.75-48.2%
Valuation
Market capitalization$759.33M+502%$773.51M+123%$480.71M+236%$120.31M-13.8%$106.54M-59.0%
Price / sales3.5×+0.8×3.8×-3.7×5.7×+4.6×2.3×+1.9×2.3×+1.5×
Price / book24.9×+23.8×11.5×+8.7×+5.2×1.3×+0.6×0.9×-0.3×

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

What are Energy Vault Holdings's profit margins?
Energy Vault Holdings (NRGV) runs a 22.1% gross margin and a -35.8% operating margin, with a -53.0% net margin.
Where do Energy Vault Holdings's ratios come from?
Every ratio is computed from Energy Vault Holdings's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.