Market cap
$13 Mln
Revenue (TTM)
$-1 Mln
P/E Ratio
--
P/B Ratio
1.8
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -46.09 | -97.07 | -119.09 | -170.17 | -- |
| EBIT | 18.79 | -35.28 | 17.35 | 11.57 | 6.15 |
| Net Profit | 2.32 | -40.67 | 12.29 | 10.56 | 11.95 |
| EPS | 15.40 | 48.96 | -10.56 | -234.85 | 14.43 |
| Book Value | -- | -- | 164.38 | -21.47 | -- |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| -2,020.52 | -16,811.72 | 5,270.35 | -3,662.98 | -1,369.69 |
| Net Margin
| -- | -90.99 | 5,593.29 | -- | -- |
| Return on equity
| -177.76 | -209.55 | -- | -338.33 | -130.40 |
| Return on Capital
| -145.71 | -185.90 | -- | -248.38 | -126.36 |
| Return on Assets
| -77.45 | -127.45 | -120.09 | -103.17 | -80.19 |
| Debt to Equity (x)
| -- | -- | 0.00 | 1.38 | 0.06 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ESS Tech (GWH)
|
--
|
-248.38
|
-126.36
|
-62.38
|
-44.33
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
--
--
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ESS Tech (GWH)
|
--
|
-338.33
|
-130.40
|
-64.56
|
-45.58
|
|
Peer Median
|
14.56
|
--
|
--
|
--
|
--
|
ROA
-120.09
Lower than Peers by 125.53
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ESS Tech (GWH)
|
-120.09
|
-103.17
|
-80.19
|
-48.98
|
-36.80
|
|
Peer Median
|
5.44
|
--
|
--
|
--
|
--
|
EBIT Margin
5,270.35
Higher than Peers by 5,258.25
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ESS Tech (GWH)
|
5,270.35
|
-3,662.98
|
-1,369.69
|
-1,028.89
|
-8,721.36
|
|
Peer Median
|
12.10
|
--
|
--
|
--
|
--
|
Net Margin
5,593.29
Higher than Peers by 5,584.70
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ESS Tech (GWH)
|
5,593.29
|
-4,007.58
|
-1,369.69
|
-1,028.89
|
-297.25
|
|
Peer Median
|
8.59
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ESS Tech (GWH)
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-119.09
Lower than Peers by 122.79
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ESS Tech (GWH)
|
-119.09
|
-0.75
|
-0.17
|
7.43
|
0.30
|
|
Peer Median
|
3.70
|
--
|
--
|
--
|
--
|
EBIT Growth
17.35
Higher than Peers by 13.35
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ESS Tech (GWH)
|
17.35
|
32.75
|
-11.14
|
0.50
|
83.59
|
|
Peer Median
|
4.00
|
--
|
--
|
--
|
--
|
Net Profit Growth
12.29
Higher than Peers by 4.73
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ESS Tech (GWH)
|
12.29
|
26.42
|
-11.14
|
0.50
|
83.66
|
|
Peer Median
|
7.56
|
--
|
--
|
--
|
--
|
EPS Growth
-10.56
Lower than Peers by 20.70
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ESS Tech (GWH)
|
-10.56
|
-5.52
|
-0.09
|
0.12
|
0.86
|
|
Peer Median
|
10.14
|
--
|
--
|
--
|
--
|
Book Value Growth
-129.50
Lower than Peers by 138.92
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ESS Tech (GWH)
|
-129.50
|
--
|
--
|
--
|
--
|
|
Peer Median
|
9.42
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ESS Tech (GWH)
|
--
|
1.38
|
0.06
|
0.02
|
0.04
|
|
Peer Median
|
0.46
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
-0.71
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ESS Tech (GWH)
|
-0.71
|
1.14
|
0.06
|
0.02
|
0.02
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.68
Lower than Peers by 1.37
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ESS Tech (GWH)
|
0.68
|
1.04
|
1.57
|
5.97
|
5.42
|
|
Peer Median
|
2.05
|
--
|
--
|
--
|
--
|
Quick Ratio
0.67
Lower than Peers by 0.62
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ESS Tech (GWH)
|
0.67
|
1.03
|
1.37
|
5.80
|
5.37
|
|
Peer Median
|
1.29
|
--
|
--
|
--
|
--
|
Interest Coverage
-6.49
Lower than Peers by 15.12
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ESS Tech (GWH)
|
-6.49
|
-10.63
|
--
|
--
|
-35.65
|
|
Peer Median
|
8.64
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
-0.85
Lower than Peers by 18.32
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ESS Tech (GWH)
|
-0.85
|
91.47
|
38.40
|
29.75
|
553.91
|
|
Peer Median
|
17.47
|
--
|
--
|
--
|
--
|
Asset Turnover
-0.02
Lower than Peers by 0.65
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ESS Tech (GWH)
|
-0.02
|
0.03
|
0.06
|
0.05
|
0.00
|
|
Peer Median
|
0.63
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ESS Tech (GWH)
|
--
|
445.89
|
135.19
|
174.27
|
1,117.20
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ESS Tech (GWH)
|
--
|
30.17
|
31.85
|
40.80
|
131.49
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ESS Tech (GWH)
|
--
|
57.89
|
38.27
|
51.60
|
316.72
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ESS Tech (GWH)
|
--
|
418.17
|
128.76
|
163.47
|
931.96
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
--
--
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ESS Tech (GWH)
|
--
|
-0.59
|
-12.04
|
-2.55
|
-4.78
|
|
Peer Median
|
39.93
|
--
|
--
|
--
|
--
|
Price / Book Value
1.81
Lower than Peers by 2.80
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ESS Tech (GWH)
|
1.81
|
4.35
|
35.95
|
1.91
|
2.72
|
|
Peer Median
|
4.61
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ESS Tech (GWH)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.47
|
--
|
--
|
--
|
--
|
EV/EBITDA
-0.15
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ESS Tech (GWH)
|
-0.15
|
-0.52
|
-12.37
|
-1.30
|
-3.12
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
13
Lower than Peers by 1,207
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
ESS Tech (GWH)
|
13
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1,220
|
--
|
--
|
--
|
--
|