Company / Working Capital
Energy Vault Holdings, Inc. Working Capital History
FY2020-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
-$43.9M
FY2025
5-year range
-$43.9M / $264.7M
FY2021-FY2025
Trend
-408.4%
vs FY2024
Sector context
#307 of 346
Industrials
What the data says
Working Capital changed -408% YoY in FY2025, a notable deviation from the 5-year average annual change of +157132%.
Based on SEC 10-K filings.
-$44M in FY2025.
Declined from $168M to -$44M over the past 2 years.
Industrials sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 11% in IndustrialsTop 89% of 346This company -$43.9M Sector average $689.0M
▼
-106.4% below sector average
Key checks
Key Insights
- Energy Vault Holdings, Inc.'s working capital has declined for 3 consecutive years.
- In FY2025, working capital decreased 408.4% year-over-year.
- Ranks #307 out of 346 companies in the Industrials sector.
- Peak working capital was recorded in FY2022.
Company context
Key Data Points
- Altman Z-Score -1.39 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$43.9M | -408.4% |
| FY2024 | $14.3M | -91.5% |
| FY2023 | $167.7M | -36.6% |
| FY2022 | $264.7M | +156.2% |
| FY2021 | $103.3M | +786042.5% |
| FY2020 | -$13.1K | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026