Energy Vault Holdings, Inc.
NRGVUtilitiesNASDAQUtilities - Renewable
Scan Results
Daily timeframePart of the utilities sector, Energy Vault Holdings, Inc. (NRGV) is listed under Utilities - Renewable. At a $554.2M market cap, Energy Vault Holdings, Inc. ranks as a small-cap company within utilities. The company offers B-Vault, an electrochemical battery energy storage solution for short-duration energy storage needs; G-Vault, a gravity energy storage solution for long-duration energy storage needs; and H-Vault, a hydrogen or hybrid energy storage solution.
Market Cap
$554.2M
Beta
1.17
P/E (TTM)
—
P/E (Fwd)
-15.35
EPS (TTM)
$-0.72
EPS (Fwd)
$-0.20
ROE
-136.3%
ROA
-18.6%
Cash
$55.6M
Total Debt
$173.8M
Free CF
-$66.2M
52W Change
280.3%
Annual Financials
Cash vs Debt
Energy Vault Holdings, Inc. carries $173.8M in total debt against $55.6M in cash reserves — debt is roughly 3.1x the cash position. Managing this leverage effectively will be important for long-term financial stability. The company is burning cash, with free cash flow at -$66.2M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. ROE of -136.3% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has grown from $145.9M (2022) to $203.7M (2025), reflecting a 40% increase over the period.
The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing NRGV.