Energy Vault Holdings, Inc. (NRGV) 10-Year Financial Performance & Capital Metrics

NRGV • • Utilities

UtilitiesRenewable EnergyEnergy Storage SolutionsInnovative Storage Technologies

AboutEnergy Vault Holdings, Inc. develops and sells energy storage solutions. The company offers gravity-based storage systems, including EVx Platform, a scalable, modular product line starting from 40-megawatt hour to multi-gigawatt hours to address grid resiliency needs in shorter durations; Energy Vault Resiliency Center, a scalable, gigawatt hour scale product line designed to address grid resiliency needs to manage energy disruptive climate events; and Energy Vault solutions. Its solutions allow utilities, independent power producers, and large energy users to manage their power portfolios and efficiently dispatch power. Energy Vault Holdings, Inc. is based in Westlake Village, California.Show more

Revenue $46M -86.5%
EBITDA -$129M -21.8%
Net Income -$136M -37.9%
Free Cash Flow -$115M +6.8%
EBITDA Margin -279.09% -800.6%
Net Margin -293.84% -919.5%
ROE -77.56% -101.5%
Interest Coverage -1056.88 +65.3%
Debt/Equity 0.01 +30.0%
Net Debt/EBITDA -
CapEx / Revenue 127.39% +1329.8%
CapEx Coverage -0.95 +68.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Momentum leader: RS Rating 98 (top 2%)

✗Weaknesses

✗Weak Piotroski F-Score: 2/9

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y-

3Y-

TTM-35.99%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-50.6%

EPS CAGR

10Y-

5Y-

3Y-

TTM-43.08%

ROCE

10Y Avg-33.13%

5Y Avg-45.36%

3Y Avg-47.69%

Latest-72.6%

Peer Comparison

Innovative Storage Technologies

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
BNRGBrenmiller Energy Ltd	2.47M	0.49	-0.38	-100%		-150.96%		1.08
NRGVEnergy Vault Holdings, Inc.	1.01B	6.03	-6.63	-86.47%	-172.61%	-179.65%		0.01

Profit & Loss

	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Revenue+	0	0	0	145.88M	341.54M	46.2M
Revenue Growth %	-	-	-	-	1.34%	-0.86%
Cost of Revenue	0	0	2.44M	86.58M	324.01M	40.01M
Gross Profit+	0	0	-2.44M	59.3M	17.53M	6.19M
Gross Margin %	-	-	-	-	-	-
Gross Profit Growth %	-	-	-	25.33%	-0.7%	-0.65%
Operating Expenses+	-10.01M	14.51M	24.38M	119.55M	124.27M	136.18M
Other Operating Expenses	-	-	-	-	-	-
EBITDA+	10.02M	-14.45M	-24.38M	-51.77M	-105.84M	-128.94M
EBITDA Margin %	-	-	-	-	-	-
EBITDA Growth %	-	-2.44%	-0.69%	-1.12%	-1.04%	-0.22%
Depreciation & Amortization+	8.45K	54.65K	2.44M	8.49M	893K	1.06M
D&A / Revenue %	-	-	-	-	-	-
Operating Income (EBIT)+	10.01M	-14.51M	-26.81M	-60.26M	-106.74M	-130M
Operating Margin %	-	-	-	-	-	-
Operating Income Growth %	-	-2.45%	-0.85%	-1.25%	-0.77%	-0.22%
Interest Expense+	1.19M	128.13K	7K	0	35K	123K
Interest Coverage	8.40x	-113.21x	-3830.43x	-	-3049.60x	-1056.88x
Interest / Revenue %	-	-	-	-	-	-
Non-Operating Income	-1000K	-1000K	-1000K	-1000K	1000K	-1000K
Pretax Income+	-10.14M	-24.17M	-31.34M	-77.87M	-98.79M	-135.75M
Pretax Margin %	-	-	-	-	-	-
Income Tax+	810	830	1K	427K	-349K	67K
Effective Tax Rate %	-	-	-	-	-	-
Net Income+	-10.14M	-24.17M	-31.34M	-78.3M	-98.44M	-135.75M
Net Margin %	-	-	-	-	-	-
Net Income Growth %	-	-1.38%	-0.3%	-1.5%	-0.26%	-0.38%
EPS (Diluted)+	-8.23	-0.36	-0.29	-0.64	-0.69	-0.91
EPS Growth %	-	0.96%	0.19%	-1.21%	-0.08%	-0.32%
EPS (Basic)	-8.23	-0.36	-0.29	-0.64	-0.69	-0.91
Diluted Shares Outstanding	1.23M	67.51M	107.22M	123.24M	142.85M	149.85M

Balance Sheet

	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Assets+	38.69M	30.38M	125.29M	416.71M	340.75M	183.89M
Asset Growth %	-	-0.21%	3.12%	2.33%	-0.18%	-0.46%
PP&E (Net)+	2.86M	4.18M	13.11M	4.49M	32.74M	100.7M
PP&E / Total Assets %	-	-	-	-	-	-
Total Current Assets+	15.08M	10.8M	110.66M	390.07M	279.58M	68.91M
Cash & Equivalents	14.66M	10.05M	105.13M	203.04M	109.92M	27.09M
Receivables	173.05K	0	121K	1000K	1000K	1000K
Inventory	0	0	0	4.38M	415K	107K
Other Current Assets	251.9K	749.92K	4.28M	83.32M	50.07M	-8.69M
Long-Term Investments	0	0	0	9M	15M	3.27M
Goodwill	0	0	0	0	0	0
Intangible Assets	0	0	0	0	1.79M	4.54M
Other Assets	20.75M	15.4M	1.52M	13.16M	11.64M	6.48M
Total Liabilities	52.74M	7.97M	193.96M	129M	116.96M	57.63M
Total Debt+	1.63M	2.16M	1.36M	1.55M	1.86M	1.36M
Net Debt	-13.03M	-7.89M	-103.77M	-201.49M	-108.06M	-25.73M
Long-Term Debt	0	795.67K	0	0	0	0
Short-Term Borrowings	0	0	0	0	0	0
Capital Lease Obligations	1.63M	1.36M	1.36M	1.55M	1.86M	1.36M
Total Current Liabilities+	2.9M	3.9M	7.34M	125.32M	111.85M	54.66M
Accounts Payable	1.1M	2.06M	1.98M	60.31M	21.16M	20.25M
Accrued Expenses	801.43K	1.29M	948K	10.58M	5.99M	20.56M
Deferred Revenue	801.43K	0	0	49.43M	4.92M	8.94M
Other Current Liabilities	-197.43K	123.41K	3.76M	0	78.32M	2.06M
Deferred Taxes	0	0	0	0	0	0
Other Liabilities	47.1M	2.33M	184.42M	1.45M	2.47M	2.11M
Total Equity+	-14.05M	22.42M	-68.67M	287.71M	223.79M	126.26M
Equity Growth %	-	2.6%	-4.06%	5.19%	-0.22%	-0.44%
Shareholders Equity	-14.05M	22.42M	-68.67M	287.71M	223.79M	126.32M
Minority Interest	0	0	0	0	0	-63K
Common Stock	215	215	0	14K	15K	15K
Additional Paid-in Capital	70.36K	98.5K	713K	435.85M	473.27M	512.02M
Retained Earnings	-13.46M	-37.63M	-68.97M	-147.26M	-248.07M	-383.82M
Accumulated OCI	-663.36K	-2.1M	-413K	-888K	-1.42M	-1.9M
Return on Assets (ROA)	-0.26%	-0.7%	-0.4%	-0.29%	-0.26%	-0.52%
Return on Equity (ROE)	-	-5.78%	-	-0.71%	-0.38%	-0.78%
Debt / Equity	-	0.10x	-	0.01x	0.01x	0.01x
Debt / Assets	0.04%	0.07%	0.01%	0%	0.01%	0.01%
Net Debt / EBITDA	-1.30x	-	-	-	-	-
Book Value per Share	-11.4	0.33	-0.64	2.33	1.57	0.84

Cash Flow

	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-14.83M	-16.7M	-22.07M	-23.35M	-92.66M	-55.86M
Operating CF Growth %	-	-0.13%	-0.32%	-0.06%	-2.97%	0.4%
Operating CF / Revenue %	-	-	-	-	-	-
Net Income	-10.14M	-24.17M	-31.34M	-78.3M	-98.44M	-135.75M
Depreciation & Amortization	8.45K	54.65K	2.32M	8.49M	893K	1.06M
Deferred Taxes	-754.4K	0	0	0	0	0
Other Non-Cash Items	1.25M	12.71M	3.45M	41.1M	42.06M	-21.84M
Working Capital Changes	-5.23M	-5.33M	3.01M	5.36M	-37.16M	61.96M
Capital Expenditures+	-1.16M	-1.75M	-1.17M	-13.32M	-30.43M	-58.85M
CapEx / Revenue %	-	-	-	-	-	-
CapEx / D&A	-	-	-	-	-	-
CapEx Coverage (OCF/CapEx)	-	-	-	-	-	-
Cash from Investing+	-1.16M	-1.75M	-1.17M	-13.32M	-42.54M	-58.74M
Acquisitions	0	0	0	0	0	0
Purchase of Investments	0	0	-1M	-9M	-6M	0
Sale of Investments	0	0	0	0	0	0
Other Investing	0	0	0	-2M	-6.11M	117K
Cash from Financing+	28.04M	15.64M	116.38M	217.77M	-5.48M	-252K
Dividends Paid	0	0	0	0	0	0
Dividend Payout Ratio %	-	-	-	-	-	-
Debt Issuance (Net)	1000K	1000K	-818K	-62K	311K	-185K
Stock Issued	25.81M	7.61M	116K	223.31M	224K	0
Share Repurchases	0	0	0	0	0	-408K
Other Financing	0	0	-3.59M	-5.48M	-6.02M	341K
Net Change in Cash+	11.72M	-4.61M	95.07M	181.06M	-140.63M	-115.48M
Exchange Rate Effect	-332.43K	-1000K	1000K	-49K	52K	-634K
Cash at Beginning	2.94M	14.66M	10.05M	105.13M	286.18M	145.56M
Cash at End	14.66M	10.05M	105.13M	286.18M	145.56M	30.07M
Free Cash Flow+	-15.99M	-18.45M	-23.24M	-36.66M	-123.09M	-114.71M
FCF Growth %	-	-0.15%	-0.26%	-0.58%	-2.36%	0.07%
FCF Margin %	-	-	-	-	-	-
FCF / Net Income %	-	-	-	-	-	-

Key Ratios

Metric	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	-577.86%	-	-71.49%	-38.49%	-77.56%
EBITDA Margin	-	-	-	-35.49%	-30.99%	-279.09%
Net Debt / EBITDA	-1.30x	-	-	-	-	-
Interest Coverage	8.40x	-113.21x	-3830.43x	-	-3049.60x	-1056.88x
CapEx / Revenue	-	-	-	9.13%	8.91%	127.39%
Debt / Equity	-	0.10x	-	0.01x	0.01x	0.01x
EPS Growth	-	95.63%	19.44%	-120.69%	-7.81%	-31.88%

Revenue by Segment

	2022	2023	2024
Software Licensing	-	-	402K
Software Licensing Growth	-	-	-
Intellectual Property Licensing	-	-	115K
Intellectual Property Licensing Growth	-	-	-
Other	1.76M	917K	-
Other Growth	-	-47.84%	-
Licensing Of Intellectual Property	58.48M	735K	-
Licensing Of Intellectual Property Growth	-	-98.74%	-

Revenue by Geography

	2022	2023	2024
UNITED STATES	85.64M	341.07M	44.42M
UNITED STATES Growth	-	298.28%	-86.98%
AUSTRALIA	-	-	992K
AUSTRALIA Growth	-	-	-
Other Countries	9.72M	-	784K
Other Countries Growth	-	-	-
CHINA	50.52M	477K	-
CHINA Growth	-	-99.06%	-

Frequently Asked Questions

Growth & Financials

Energy Vault Holdings, Inc. (NRGV) reported $83.8M in revenue for fiscal year 2024.

Energy Vault Holdings, Inc. (NRGV) saw revenue decline by 86.5% over the past year.

Energy Vault Holdings, Inc. (NRGV) reported a net loss of $144.7M for fiscal year 2024.

Dividend & Returns

Energy Vault Holdings, Inc. (NRGV) has a return on equity (ROE) of -77.6%. Negative ROE indicates the company is unprofitable.

Energy Vault Holdings, Inc. (NRGV) had negative free cash flow of $75.1M in fiscal year 2024, likely due to heavy capital investments.

Industry Metrics

Energy Vault Holdings, Inc. (NRGV) has a dividend payout ratio of 0%. This suggests the dividend is well-covered and sustainable.

← Back to Screener