Nuvve Holding's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Nuvve Holding (NVVE) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Nuvve Holding vs Its Competitors
- TTM: Trailing 12-month revenue of 6M vs 160,695M combined for tracked competitors (0.0% combined share).
- Trending: Latest-quarter revenue run-rate is decelerating (-20.2% annualized vs trailing 12 months), vs accelerating (+8.0%) for its tracked peer group.
- Growth: Nuvve Holding generated 268.4% revenue growth year over year in Q2 2026, vs 24.1% for its tracked competitors combined.
- Profitability: Its -595.3% net margin compares with 6.0% for the peer group.
- Scale: Nuvve Holding ranks #64 of 71 companies by market capitalization in the IT Infrastructure industry, holding 0.0% of industry market cap.
- Peer revenue share: Nuvve Holding accounted for 0.0% of combined revenue among its tracked peer group, up from 0.0% a year earlier.
- Peer differentiation: Revenue per employee of $0.14M compares with $1.45M for the peer group (0.1x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
NVVE Sales vs. its Competitors, Q2 2026
Nuvve Holding reported revenue growth of 268.40 % year on year in Q2 2026, above its competitors' combined revenue growth of 24.13 %.
With a net margin of -595.26 %, Nuvve Holding reported lower profitability than its competitors (6.00 %).
Nuvve Holding generated 0.00 % of the combined sales of its peer group, up from 0.00 % a year earlier.
Nuvve Holding vs. its Competitors, Q2 2026
Revenue growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Nuvve Holding and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Nuvve Holding Corp | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (4) | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (3) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (6) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Nuvve Holding's competitor groups requires a Commercial License.
For context: the IT Infrastructure industry grew revenue 21.0% year over year, combined, vs 268.4% for Nuvve Holding. Nuvve Holding's share of combined industry revenue moved from 0.00% to 0.00%, a gain of 0.00 percentage points.
Nuvve Holding's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Nuvve Holding Corp | No | Yes | Yes | Yes |
| Competitors combined (7) | ||||
| High-Confidence Competitors (5) | ||||
| Similar-Size Competitors (6) | ||||
| Similar Growth & Profitability (8) | 75.00 % (6 of 8) | 87.50 % (7 of 8) | 75.00 % (6 of 8) | 25.00 % (2 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
NVVE Stock Performance relative to its Competitors
NVVE Stock Performance relative to High-Confidence Competitors
NVVE Stock Performance relative to Similar-Size Competitors
NVVE Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Shell Plc | 282.9% | Outperformed |
| 2 | General Electric Company | 282.9% | Outperformed |
| 3 | Rivian Automotive Inc | 282.9% | Outperformed |
| 4 | Tesla Inc | 282.9% | Outperformed |
| 5 | Chargepoint Holdings Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Nuvve Holding's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Nuvve Holding's Comment on Competition and Industry Peers
Nuvve?s V2G platform and the revenue it generates allows Nuvve to provide its customers with a lower total cost of EV ownership through benefits such as reduced charger costs, low or free energy costs to drive, fleet management tools, and yearly maintenance. Nuvve believe its competitors have historically struggled with gaining the technology and know-how necessary to establish a functional V2G software platform capable of aggregating EVs into a VPP and providing services to the grid bidirectionally, although they could build this capability in the future. While Tesla does offer EV charging services, these do not include V2G and Nuvve does not believe Tesla vehicles are capable of bi-directional power flow. There are many other large and small EV charger companies that offer non-networked or ?basic? chargers that have limited customer leverage, but could provide a low-cost solution for basic charger needs in commercial and home locations. Because its competitors? platforms are less advanced in providing V2G services, Nuvve believes it faces limited direct competition.
Publicly Traded Peers of Nuvve Holding Corp
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Nuvve Holding Corp | 0.78 | 6.15 |
| Tesla Inc | 1,265,373.00 | 103,619.00 |
| General Electric Company | 333,197.28 | 50,638.00 |
| Shell Plc | 286,930.72 | 266,886.00 |
| Rivian Automotive Inc | 19,596.75 | 5,883.00 |
| Chargepoint Holdings Inc | 230.06 | 432.50 |
| SUBTOTAL | 1,905,434.38 | 427,587.20 |
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Sources: Nuvve Holding Corp's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Nuvve Holding Corp versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Nuvve Holding's Competitors Named by the Company
Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| General Electric | Named by the company | 85% |
| Tesla | Named by the company | 85% |
| Blink | Named by the company | 85% |
| Fermata | Named by the company | 85% |
| SemaCharge | Named by the company | 85% |
| EnelX | Named by the company | 85% |
| Mobility House | Named by the company | 85% |
| BP Pulse | Named by the company | 85% |
| Shell-NewMotion | Named by the company | 85% |
| EVConnect | Named by the company | 85% |
| Ovo Energy | Named by the company | 85% |
| Blink | Named by the company | 85% |
| ChargePoint | Named by the company | 85% |
| Greenlots | Named by the company | 85% |
| Shell Plc | Named by the company | 85% |
Filing basis, confidence, active dates and source counts for Nuvve Holding's named competitors require a Commercial License.
Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.
Nuvve Holding's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Nuvve Holding Corp | Reportable 100.00 % |
| Tesla Inc | Automotive 88.88 % |
| General Electric Company | Commercial Engines and Services, Reportable 72.90 % |
| Rivian Automotive Inc | Automotive 65.75 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Nuvve Holding's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Nuvve Holding Corp | 1 | 136,589 | -533,506 |
| Tesla Inc | 1,265,373 | 768,772 | 28,668 |
| General Electric Company | 333,197 | 888,386 | 157,579 |
| Shell Plc | 286,931 | 3,139,835 | 213,165 |
| Rivian Automotive Inc | 19,597 | 386,226 | -211,594 |
| Chargepoint Holdings Inc | 230 | 300,349 | -122,031 |
| PEERS TOTAL | 1,905,434 | 1,454,372 | 93,534 |
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Nuvve Holding's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent filing. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Nuvve Holding Corp | United States 93.18 % |
| Tesla Inc | United States 46.78 % |
| Chargepoint Holdings Inc | United States 74.76 % |
| Blink Charging Co | US 65.59 % |
| Beam Global | US 53.47 % |
Source: revenue geography as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Nuvve Holding's Position in Industry Market Structure
Market-capitalization share and concentration across all 66 companies in Nuvve Holding's industry classification, broader than the peer set above. Market cap in millions of $.Nuvve Holding ranks #64 of 66 companies by market capitalization in its industry, holding 0.00 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 1,234, indicating a unconcentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Amphenol Corporation | 218,184 | 24.50 % |
| 2 | Danaher Corporation | 160,859 | 18.06 % |
| 3 | Vertiv Holdings Co | 95,846 | 10.76 % |
| 4 | Teradyne Inc | 63,282 | 7.11 % |
| 5 | Keysight Technologies inc | 1,234 | 5.2% |
| 6 | Ametek Inc | 1,234 | 5.2% |
| 7 | Roper Technologies Inc | 1,234 | 5.2% |
| 8 | Hubbell Inc | 1,234 | 5.2% |
| 9 | Veralto Corporation | 1,234 | 5.2% |
| 10 | Mks Inc | 1,234 | 5.2% |
| 64 | Nuvve Holding Corp | 1 | 0.00 % |
Market cap and industry share for the rest of Nuvve Holding's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-09-28.
Nuvve Holding's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 59 | Phaos Technology cayman Holdings Ltd | 4 | - |
| 60 | Ostin Technology Group Co Ltd | 4 | - |
| 61 | Focus Universal Inc | 3 | -84.29 % |
| 62 | Cemtrex Inc | 1,234 | 12.3% |
| 63 | Bnb Plus Corp | 1,234 | 12.3% |
| 64 | Nuvve Holding Corp | 1 | -85.26 % |
| 65 | Scantech Ai Systems Inc | 1,234 | 12.3% |
| 66 | Video Display Corporation | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Nuvve Holding's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-09-28. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Nuvve Holding's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the IT Infrastructure industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (79 companies). See the full IT Infrastructure industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | - | 39.24 % (avg) | - |
| Operating Margin | -408.18 % | industry median | -411.6 pp |
| EBITDA Margin | -304.55 % | 5.24 % (avg) | -309.8 pp |
| Capital Intensity (Capex / Revenue) | 0.00 % | 3.72 % (avg) | -3.7 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Nuvve Holding's Valuation vs Competitive Position
Valuation multiples vs the IT Infrastructure industry average (79 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full IT Infrastructure industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | - | 39.9x | - |
| EV / EBITDA | - | 20.9x | - |
| P/B | -0.4x | 4.7x | -5.1x |
| Return on Equity | 710.56 % | industry aggregate | 696.91 % |
| Return on Invested Capital | 1,278.33 % | -0.81 % (avg) | 1,279.14 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Nuvve Holding's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue Growth | - | - | 55.06 % | -36.56 % | -9.31 % |
| Operating Margin | - | -687.01 % | -385.32 % | -387.05 % | -671.27 % |
| Return on Invested Capital | - | -63.54 % | -125.50 % | -273.18 % | -3,529.04 % |
| P/E | - | - | - | - | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Nuvve Holding's Strategic Group Map
Every company in Nuvve Holding's industry and named-competitor list, plotted by trailing 12-month revenue growth and operating margin. Nuvve Holding is shown in red; its closest peers by combined growth, margin and ROIC (the Similar Growth & Profitability group above) are labeled.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Nuvve Holding's BCG Growth-Share Matrix
Relative market share (vs Nuvve Holding's largest competitor by market cap) against industry revenue growth, using the standard textbook thresholds (1.0x share, 10% growth) a common framework, not a precision instrument.
Nuvve Holding falls in the Dog quadrant: relative market share of 0.00x vs its largest competitor, in an industry growing revenue 8.6% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.
Nuvve Holding's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | High | Industry HHI of 1,234 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 0.00 % vs industry average 3.72 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Nuvve Holding's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Nuvve Holding's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Nuvve Holding's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Nuvve Holding falls in the Low attractiveness / Medium strength cell: Harvest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Nuvve Holding's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Return on equity 696.9 points above the industry aggregate.
Weaknesses
- Operating margin 411.6 points below the industry median.
- Latest-quarter revenue run-rate is decelerating (-20.2% annualized vs trailing 12 months).
- Underperforming the U.S.A. 500 over the trailing 12 months.
- Low relative market share vs the industry leader (0.00x).
- Piotroski F-Score of 2 or below, the standard financial-distress signal.
Opportunities
No rule matched.
Threats
No rule matched.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Nuvve Holding's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Nuvve Holding Corp | 0.18 | 0.71 | - |
| Tesla Inc | 0.50 | 2.05 | 0.03 |
| General Electric Company | - | 0.86 | 1.09 |
| Shell Plc | 0.37 | 1.30 | 0.05 |
| Rivian Automotive Inc | 1.03 | 2.31 | 0.92 |
| Chargepoint Holdings Inc | 0.36 | 1.24 | 73.12 |
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Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Nuvve Holding's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Nuvve Holding Corp | Q2 2026 | +268.4 % | - |
| Tesla Inc | Q2 2026 | +25.5 % | -5.2 % |
| General Electric Company | Q2 2026 | +21.1 % | +16.6 % |
| Shell Plc | Q4 2025 | -6.1 % | +9.7 % |
| Rivian Automotive Inc | Q2 2026 | +27.2 % | - |
| Chargepoint Holdings Inc | Q2 2026 | +18.8 % | - |
| PEERS TOTAL | -2.8 % | +12.0 % |
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Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Nuvve Holding's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Nuvve Holding Corp | Q2 2026 | - | +605.4 % |
| Tesla Inc | Q2 2026 | +26.1 % | +142.1 % |
| General Electric Company | Q2 2026 | +540.9 % | +2.4 % |
| Shell Plc | Q4 2025 | - | - |
| Rivian Automotive Inc | Q2 2026 | -2.0 % | -21.6 % |
| Chargepoint Holdings Inc | Q2 2026 | +10.1 % | -25.4 % |
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Nuvve Holding's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Nuvve Holding Corp | - | - | - |
| Tesla Inc | 2.74% | 3.60% | 4.63% |
| General Electric Company | 6.98% | 11.25% | 48.50% |
| Shell Plc | 4.89% | 4.22% | 10.33% |
| Rivian Automotive Inc | - | - | - |
| Chargepoint Holdings Inc | - | - | - |
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ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Nuvve Holding's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Nuvve Holding Corp | - | 0.13 |
| Tesla Inc | 330.97 | 12.21 |
| General Electric Company | 37.57 | 6.58 |
| Shell Plc | 16.09 | 1.08 |
| Rivian Automotive Inc | - | 3.33 |
| Chargepoint Holdings Inc | - | 0.53 |
| PEERS AVERAGE | 69.35 | 4.46 |
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P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.