Dragonfly Energy Holdings (DFLI) Debt to Equity (2021 - 2025)
Dragonfly Energy Holdings (DFLI) reported Debt to Equity of $0.8 for Q4 2025, up 125.34% year-over-year from $0.35 in Q4 2024, and up 138.7% on a QoQ basis from -$2.06 in Q3 2025.
Dragonfly Energy Holdings (DFLI) has 3 years of Debt to Equity data on file, last reported at $0.8 in Q4 2025.
- Quarterly Debt to Equity rose 125.34% year-over-year to $0.8 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $0.8 (up 125.34% YoY) and the FY2025 annual result came in at $0.8, up 125.34% from the prior year.
- Debt to Equity climbed to $0.8 in Q4 2025 per DFLI's latest filing, from -$2.06 in the prior quarter.
- Across five years, Debt to Equity topped out at $2.33 in Q4 2021 and bottomed at -$3.15 in Q4 2024.
- The 3-year median for Debt to Equity is -$2.11 (2025), against an average of -$1.09.
- Peak annual rise in Debt to Equity reached 125.34% in 2025, while the deepest fall reached 125.34% in 2025.
- Tracing DFLI's Debt to Equity over 3 years: stood at $2.33 in 2021, then sank by 235.21% to -$3.15 in 2024, then soared by 125.34% to $0.8 in 2025.
- Per Business Quant, the three latest DFLI Debt to Equity figures stand at $0.8 (Q4 2025), -$2.06 (Q3 2025), and -$2.33 (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 0.69 |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | - |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 0.41 |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 0.68 |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 0.41 |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | - |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 0.25 |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 0.58 |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | 0.09 |
| 10 | Dragonfly Energy Holdings | 1.98 Mn | -16.29 Mn | 2.38 Mn | 0.80 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.80 |
| Sep 30, 2025 | -2.06 |
| Jun 30, 2025 | -2.33 |
| Mar 31, 2025 | -2.15 |
| Dec 31, 2024 | -3.15 |
| Dec 31, 2021 | 2.33 |