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Solid Power SLDP Return on invested capital

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ON SemiconductorON
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Other financials

Income statement

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Revenue$3.1M-48.9%
Operating income-$26.3M-9.6%
Net income-$13.0M+14.0%
EPS (diluted)-$0.06+25.0%

Balance sheet

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Cash & equivalents$31.5M+7.0%
Total debt$8.0M-12.7%
Total equity$525.1M+32.2%
Total assets$554.7M+32.3%

Cash flow

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Operating cash flow-$18.8M+28.7%
CapEx$1.7M-29.0%
Free cash flow-$20.4M+28.7%

Valuation

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Market cap$584.96M+81.2%
Enterprise value$561.43M+85.6%
P/S31.1×+15.1×

Profitability

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Operating margin-548.6%+41.2pp
Net margin-485.5%+44.6pp
FCF margin-400.9%+32.3pp

Returns & leverage

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Return on equity-19.8%-0.8pp
Debt / equity0.0×
Current ratio16.1×-7.8×

Where this comes from

Calculated from Solid Power’s reported figures.

Based on trailing twelve months.

The official record: Solid Power’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Solid Power's return on invested capital?
Solid Power (SLDP) reported return on invested capital of -23.5% in Q1 2026.
How has Solid Power's return on invested capital changed year-over-year?
Solid Power's return on invested capital increased by 3.4% year-over-year, from -24.3% to -23.5%.
What is the long-term trend for Solid Power's return on invested capital?
Over 4 years (2021 to 2025), Solid Power's return on invested capital has grown at a -28.9% compound annual growth rate (CAGR), from -98.8% to -25.3%.
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.