FBS Global (FBGL) Debt to Equity (2022 - 2025)
FBS Global's (FBGL) quarterly Debt to Equity came in at $0.01 in Q4 2025, down 97.2% year-on-year from $0.36 in Q4 2024, and down 97.2% quarter-over-quarter from $0.36 in Q4 2024.
FBS Global (FBGL) Debt to Equity (2022 - 2025) Analysis & Trends
FBS Global has disclosed Debt to Equity across 4 years of filings, most recently posting $0.01 for Q4 2025.
- Debt to Equity for Q4 2025 came in at $0.01, down 97.2% year-over-year; the trailing twelve-month figure through Dec 2025 was $0.01 (down 97.2% YoY), and the FY2025 annual result was $0.01, down 94.9% from the prior year.
- Debt to Equity came in at $0.01 for Q4 2025 at FBS Global, down from $0.36 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $0.78 in Q4 2022 to a low of $0.01 in Q4 2025.
- The 4-year median for Debt to Equity is $0.41 (2024), against an average of $0.4.
- Across the five-year window, Debt to Equity decreased 22.47% in 2024 and plunged 97.2% in 2025, its largest moves.
- FBS Global's Debt to Equity stood at $0.78 in 2022, then slumped by 41.52% to $0.46 in 2023, then fell by 22.47% to $0.36 in 2024, then tumbled by 97.2% to $0.01 in 2025.
- The last three Debt to Equity figures came in at $0.01 (Q4 2025), $0.36 (Q4 2024), and $0.46 (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.56 Bn | 103.29 Bn | 1.11 Bn | 0.65 |
| 2 | Comfort Systems Usa | 64.33 Bn | 63.28 Bn | 754.41 Mn | 0.01 |
| 3 | Emcor | 36.81 Bn | 35.90 Bn | 863.95 Mn | - |
| 4 | Mastec | 27.54 Bn | 27.38 Bn | 477.90 Mn | 0.77 |
| 5 | Sterling Infrastructure | 25.78 Bn | 25.28 Bn | 194.30 Mn | 0.24 |
| 6 | APi | 18.83 Bn | 18.18 Bn | 620.00 Mn | 0.79 |
| 7 | Jacobs Solutions | 14.81 Bn | 13.43 Bn | 794.89 Mn | 1.24 |
| 8 | IES Holdings | 14.35 Bn | 14.09 Bn | 254.79 Mn | 0.03 |
| 9 | Dycom Industries | 13.61 Bn | 12.90 Bn | - | 1.51 |
| 10 | FBS Global | 5.16 Mn | 80,152.72 | - | 0.01 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.01 |
| Dec 31, 2024 | 0.36 |
| Dec 31, 2023 | 0.46 |
| Dec 31, 2022 | 0.78 |