Energy Vault Holdings, Inc.
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Energy Vault Holdings, Inc.'s yearly results (2022–2025), compared with Utilities companies in United States. Tap ? on any ratio for what it means.
What stands out
- Self-Funding Ratio: Over the last 3 years operating cash was negative while the company kept spending on investment (capex). Lower than 92% of Utilities companies in United States.
- Debt Due Cover Ratio: Operating cash was negative last year, while some debt falls due within a year. Lower than 92% of Utilities companies in United States.
- Growth Efficiency Ratio: Sales grew 40% in 3 years, but profit fell: $44 less profit per $100 of extra sales. Lower than 90% of Utilities companies in United States.
Where $100 of sales goes
Latest year (Dec 2025). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
—Loss-making or profit too small
Over the last 3 years profit was a loss or under 2% of sales, so cash per 100 of profit is not meaningful.
Self-Funding Ratio
-1.1×Over the last 3 years operating cash was negative while the company kept spending on investment (capex).
Lower than 92% of Utilities companies in United States.
Cash Locked Ratio
$6For every $100 of sales, $6 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against $6 tied up three years earlier.
Less money tied up than 58% of Utilities companies in United States.
Growth quality
Steadiness Ratio
2/3 · 1/3Sales grew in 2 of the last 3 years; profit grew in 1 of 3.
Less steady than 73% of Utilities companies in United States.
Growth Efficiency Ratio
−$44Sales grew 40% in 3 years, but profit fell: $44 less profit per $100 of extra sales.
Lower than 90% of Utilities companies in United States.
Asset Productivity Ratio
+40% / -25%In 3 years sales changed by +40% while total assets changed by -25%. Sales grew faster than assets.
Balance-sheet strength
Debt Due Cover Ratio
-0.1×Operating cash was negative last year, while some debt falls due within a year.
Lower than 92% of Utilities companies in United States.
Cash Cushion Ratio
−8%Debt, after subtracting cash, equals 8% of its market value (net debt).
Higher than 84% of Utilities companies in United States.
Tangible Assets Ratio
97%Of every $100 the company owns, $97 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
More tangible than 68% of Utilities companies in United States.
Tangible Net Worth Ratio
88%Of every $100 of net worth, $88 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
More tangible than 57% of Utilities companies in United States.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (13)
Energy Vault Holdings, Inc. made a loss over the last year. Energy Vault Holdings, Inc. owes $0.91 for every $1 it owns. Energy Vault Holdings, Inc. made a loss in each of the last two years.
Compared with Utilities companies in United States · latest annual results Dec 2025.
P/E ratio
LossEnergy Vault Holdings, Inc. made a loss over the last year, so its P/E ratio is not meaningful.
P/B ratio
68.37The share price is 68.37 times Energy Vault Holdings, Inc.'s book value per share, higher than almost all Utilities companies in United States.
Market cap
$471 MThe total market value of all of Energy Vault Holdings, Inc.'s shares at today's price (share price × number of shares), smaller than 83% of Utilities companies in United States. PosiCap size class: Mini Cap.
Net worth (book value)
$7 MWhat Energy Vault Holdings, Inc. would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (30 Jun 2026).
Book value per share
$0.04Net worth divided by the number of shares. The share price of $2.59 is 68.4 times this, which is the P/B above.
Return on equity (ROE)
-178.6%Energy Vault Holdings, Inc. lost 178.6% of its shareholders' money over the last year, lower than 98% of Utilities companies in United States.
Owes vs Owns
0.91×Energy Vault Holdings, Inc. owes $0.91 for every $1 it owns (high), higher than 96% of Utilities companies in United States.
Dividend yield
NoneEnergy Vault Holdings, Inc. does not currently pay a dividend.
Revenue growth
+341%Revenue rose 341% in the year to Dec 2025, and grew 12% a year on average over 3 years.
Profit growth
LossEnergy Vault Holdings, Inc. made a loss in each of the last two years.
Profit margin
-50.9%Energy Vault Holdings, Inc. lost $51 for every $100 of revenue.
Interest cover
Not coveredEnergy Vault Holdings, Inc.'s operating profit did not cover its interest costs in the year to Dec 2025.
Cash vs debt
Net debtEnergy Vault Holdings, Inc. had $38 M more debt than cash (net debt) at Dec 2025.
Questions
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Energy Vault Holdings, Inc.: $471 M ÷ $7 M (30 Jun 2026) = 68.4.
What is Energy Vault Holdings, Inc.'s return on equity?
Energy Vault Holdings, Inc. lost 178.6% of its shareholders' money over the last year, lower than 98% of Utilities companies in United States.
How much does Energy Vault Holdings, Inc. owe compared with what it owns?
Energy Vault Holdings, Inc. owes $0.91 for every $1 it owns (high), higher than 96% of Utilities companies in United States.
Does Energy Vault Holdings, Inc. pay a dividend?
No. Energy Vault Holdings, Inc. does not currently pay a dividend.
Is Energy Vault Holdings, Inc.'s revenue growing?
Revenue rose 341% in the year to Dec 2025, and grew 12% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.