FBS Global (FBGL) Debt Ratio (2022 - 2025)

FBS Global (FBGL) posted Debt Ratio of 0.01 for Q4 2025, down 52.13% sequentially from 0.02 in Q2 2025, and down 90.83% YoY from 0.1 in Q4 2024.

FBS Global (FBGL) Debt Ratio (2022 - 2025) Analysis & Trends

FBS Global has reported Debt Ratio for 4 years, with the latest figure at 0.01 in Q4 2025.

  • Quarterly Debt Ratio fell 90.83% year-over-year to 0.01 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.01 (down 90.83% YoY) and the FY2025 annual result came in at 0.01, down 83.23% from the prior year.
  • Debt Ratio fell to 0.01 in Q4 2025 per FBGL's latest filing, from 0.02 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.23 in Q4 2022 and troughed at 0.01 in Q4 2025.
  • A 4-year average of 0.11 and a median of 0.1 in 2024 frame the typical range for Debt Ratio.
  • The sharpest annual moves came in 2023 and 2025: Debt Ratio declined 10.82% in 2023, then sank 90.83% in 2025.
  • Over 4 years, Debt Ratio stood at 0.23 in 2022, then slipped by 10.82% to 0.21 in 2023, then tumbled by 53.17% to 0.1 in 2024, then tumbled by 90.83% to 0.01 in 2025.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.01, 0.02, and 0.1 for Q4 2025, Q2 2025, and Q4 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Quanta Services 102.18 Bn 101.77 Bn 1.55 Bn 0.22
2 Comfort Systems Usa 72.82 Bn 70.97 Bn 844.23 Mn 0.01
3 Ferrovial 47.62 Bn 42.63 Bn - 0.04
4 Emcor 36.31 Bn 35.39 Bn 1.02 Bn -
5 Mastec 20.38 Bn 20.19 Bn 556.28 Mn 0.25
6 Sterling Infrastructure 19.23 Bn 18.73 Bn 194.30 Mn 0.10
7 APi 17.20 Bn 16.35 Bn 703.00 Mn 0.38
8 Jacobs Solutions 16.40 Bn 15.02 Bn 794.89 Mn 0.34
9 IES Holdings 15.99 Bn 15.73 Bn 340.66 Mn -
10 FBS Global 7.43 Mn 2.33 Mn - 0.01

Historic Data

Download Data
DateValue
Dec 31, 2025 0.01
Jun 30, 2025 0.02
Dec 31, 2024 0.10
Dec 31, 2023 0.21
Dec 31, 2022 0.23