Wallbox N.V. (WBX) Key Metrics
WBX key metrics, 2019–2025
Fiscal year ended December 31, 2025 · eurosWBX returns How much profit the business earns on the capital it uses.
WBX financial health Debt, liquidity and how easily interest is covered.
WBX efficiency & capital use Working capital cycle and where the cash goes.
WBX returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
WBX debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
WBX key metrics in euros
2019–2025| 2025 | 2023 | 2022 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Returns & profitability | |||||
| Return on equity (ROE) | — | −70.5% | −36.9% | −100.2% | −65.3% |
| Return on invested capital (ROIC) | −48.3% | −31.9% | −45.2% | −27.5% | −22.9% |
| Return on assets (ROA) | −41.4% | −24.8% | −14.8% | −19.3% | −18.9% |
| Return on tangible assets | −52.5% | −29.9% | −18.1% | −21.7% | −19.6% |
| Free cash flow margin | −0.0% | −64.9% | −130.5% | −154.6% | −139.2% |
| Financial health | |||||
| Total debt | €197.8M | €246.3M | €160.9M | €52.6M | €17.7M |
| Cash & short-term investments | €9.4M | €106.9M | €88.7M | €22.6M | €7.5M |
| Net debt | €188.4M | €139.4M | €72.2M | €30.1M | €10.2M |
| Debt / equity | — | 1.64 | 0.95 | 4.30 | 1.68 |
| Debt / assets | 0.83 | 0.51 | 0.38 | 0.64 | 0.49 |
| Current ratio | 0.57 | 1.35 | 1.43 | 1.75 | 1.17 |
| Quick ratio | 0.29 | 0.86 | 0.83 | 1.45 | 0.91 |
| Interest coverage | -5.6 | -6.5 | -21.5 | -10.9 | -17.7 |
| Working capital | −€74.7M | €66.2M | €76.8M | €17.8M | €2.8M |
| Invested capital | €156.7M | €289.2M | €241.4M | €42.3M | €20.7M |
| Tangible asset value | −€82.0M | €42.4M | €93.2M | −€17.0M | €9.2M |
| Net current asset value | −€173.6M | −€76.8M | €2.7M | −€28.1M | −€7.2M |
| Capital allocation | |||||
| Dividends paid | €0 | €0 | €0 | €0 | €0 |
| Share buybacks (net) | €0 | €0 | €0 | €0 | €0 |
| Capex / revenue | 7.2% | 8.3% | 42.2% | 95.5% | 78.9% |
| Capex / operating cash flow | 100.4% | — | — | — | — |
| Capex / depreciation | 0.29 | 0.42 | 3.21 | 7.90 | 9.30 |
| Stock-based compensation / revenue | 1.5% | 10.5% | 21.1% | 14.1% | 6.2% |
| R&D / revenue | — | 9.6% | 6.6% | — | — |
| SG&A / revenue | 46.1% | 65.3% | 80.6% | 76.1% | 66.5% |
| Efficiency | |||||
| Days sales outstanding | 83.9 | 134.8 | 139.1 | 141.1 | 166.7 |
| Days of inventory on hand | 103.0 | 373.8 | 454.0 | 198.5 | 377.4 |
| Days payables outstanding | 91.5 | 192.3 | 280.4 | 260.9 | 619.9 |
| Cash conversion cycle (days) | 95.5 | 316.4 | 312.6 | 78.7 | -75.8 |
| Receivables turnover | 4.35 | 2.71 | 2.62 | 2.59 | 2.19 |
| Payables turnover | 3.99 | 1.90 | 1.30 | 1.40 | 0.59 |
| Inventory turnover | 3.54 | 0.98 | 0.80 | 1.84 | 0.97 |
| Asset turnover | 0.58 | 0.32 | 0.34 | 0.33 | 0.25 |
| Average receivables | €32.1M | €53.3M | €54.7M | €7.6M | €4.1M |
| Average payables | €42.2M | €51.2M | €65.8M | €7.6M | €7.0M |
| Average inventory | €47.5M | €99.5M | €106.6M | €5.7M | €4.3M |
| Intangibles / total assets | 21.1% | 22.2% | 18.0% | 35.8% | 3.6% |
Computed from WBX's annual financial statements (latest annual report filed April 9, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in euros; data from EODHD. Averages use the opening and closing balance of each year.
WBX valuation and financial ratios
Wallbox earned a return on invested capital of −48.3% in fiscal 2025. It ended the year with €197.8 million of debt and €9.4 million in cash and short-term investments, net debt of €188.4 million.
See the WBX income statement, the WBX chart for price history, or the WBX stock overview for the latest quote and news.
WBX key metrics FAQ
What is Wallbox's ROIC?
Wallbox's return on invested capital was −48.3% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Wallbox have?
Wallbox had total debt of €197.8 million at the end of fiscal 2025.
Does Wallbox pay a dividend?
Wallbox did not pay a dividend in fiscal 2025.
What is Wallbox's current ratio?
Wallbox's current ratio was 0.57 at the end of fiscal 2025: current assets were 0.57 times current liabilities.