FBS Global (FBGL) Debt to Equity (2022 - 2025)

FBS Global (FBGL) posted Debt to Equity of $0.01 for Q4 2025, down 97.2% sequentially from $0.36 in Q4 2024, and down 97.2% YoY from $0.36 in Q4 2024.

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

FBS Global (FBGL) has 4 years of Debt to Equity data on file, last reported at $0.01 in Q4 2025.

  • Quarterly Debt to Equity fell 97.2% year-over-year to $0.01 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $0.01 (down 97.2% YoY) and the FY2025 annual result came in at $0.01, down 97.09% from the prior year.
  • Debt to Equity slipped to $0.01 in Q4 2025 per FBGL's latest filing, from $0.36 in the prior quarter.
  • The five-year high for Debt to Equity was $0.78 in Q4 2022, with the low at $0.01 in Q4 2025.
  • Average Debt to Equity over 4 years is $0.4, with a median of $0.41 recorded in 2024.
  • Year-over-year, Debt to Equity fell 22.47% in 2024 and slumped 97.2% in 2025.
  • FBS Global's Debt to Equity stood at $0.78 in 2022, then tumbled by 41.52% to $0.46 in 2023, then slipped by 22.47% to $0.36 in 2024, then plunged by 97.2% to $0.01 in 2025.
  • Business Quant data shows FBGL's Debt to Equity at $0.01 in Q4 2025, $0.36 in Q4 2024, and $0.46 in Q4 2023.
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Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Stantec 7,704.08 Bn 7,704.08 Bn 914.10 Mn -
2 Quanta Services 103.60 Bn 103.33 Bn 1.11 Bn 0.65
3 Mastec 30.47 Bn 30.31 Bn 477.90 Mn 0.77
4 Sterling Infrastructure 23.80 Bn 23.30 Bn 194.30 Mn 0.24
5 APi 18.02 Bn 17.38 Bn 620.00 Mn 0.79
6 Jacobs Solutions 14.73 Bn 13.35 Bn 794.89 Mn 1.24
7 IES Holdings 13.95 Bn 13.69 Bn 254.79 Mn 0.03
8 Aecom 8.61 Bn 7.78 Bn 296.50 Mn 1.10
9 Everus Construction 7.72 Bn 7.42 Bn 130.73 Mn 0.40
10 FBS Global 6.82 Mn 1.74 Mn - 0.01

Historic Data

Download Data
DateValue
Dec 31, 2025 0.01
Dec 31, 2024 0.36
Dec 31, 2023 0.46
Dec 31, 2022 0.78