Fuelcell Energy (FCEL) Equity Ratio (2010 - 2026)
Fuelcell Energy recorded quarterly Equity Ratio of 0.71 in Q1 2026, down 1.39% quarter-over-quarter from 0.72 in Q4 2025, and little changed year-over-year from 0.71 in Q1 2025.
Fuelcell Energy's Equity Ratio history runs 17 years deep, the most recent figure standing at 0.71 for Q1 2026.
- In Q1 2026, Equity Ratio changed 0.12% year-over-year to 0.71; the TTM figure through Jan 2026 stood at 0.71 (changed 0.12% YoY), while the FY2025 annual figure was 0.72, up 1.84% from the prior year.
- Equity Ratio came in at 0.71 for Q1 2026 at Fuelcell Energy, down from 0.72 in the prior quarter.
- In the past five years, Equity Ratio ranged from a high of 0.76 in Q1 2023 to a low of 0.68 in Q3 2025.
- A 5-year average of 0.72 and a median of 0.72 in 2024 frame the typical range for Equity Ratio.
- Across the five-year window, Equity Ratio increased 27.75% in 2022 and slipped 5.74% in 2025, its largest moves.
- Fuelcell Energy's Equity Ratio stood at 0.74 in 2022, then dropped by 0.38% to 0.73 in 2023, then retreated by 3.54% to 0.71 in 2024, then climbed by 1.84% to 0.72 in 2025, then dropped by 1.39% to 0.71 in 2026.
- According to Business Quant data, Equity Ratio over the past three periods registered 0.71, 0.72, and 0.68 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 0.32 |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 0.20 |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 0.55 |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 0.45 |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 0.53 |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 0.60 |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 0.62 |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 0.48 |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | 0.33 |
| 10 | Fuelcell Energy | 1.21 Bn | 903.11 Mn | -5.86 Mn | 0.71 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 0.71 |
| Oct 31, 2025 | 0.72 |
| Jul 31, 2025 | 0.68 |
| Apr 30, 2025 | 0.70 |
| Jan 31, 2025 | 0.71 |
| Oct 31, 2024 | 0.71 |
| Jul 31, 2024 | 0.72 |
| Apr 30, 2024 | 0.71 |
| Jan 31, 2024 | 0.74 |
| Oct 31, 2023 | 0.73 |
| Jul 31, 2023 | 0.75 |
| Apr 30, 2023 | 0.75 |
| Jan 31, 2023 | 0.76 |
| Oct 31, 2022 | 0.74 |
| Jul 31, 2022 | 0.74 |
| Apr 30, 2022 | 0.74 |
| Jan 31, 2022 | 0.70 |
| Oct 31, 2021 | 0.73 |
| Jul 31, 2021 | 0.76 |
| Apr 30, 2021 | 0.58 |
| Jan 31, 2021 | 0.59 |
| Oct 31, 2020 | 0.37 |
| Jul 31, 2020 | 0.22 |
| Apr 30, 2020 | 0.12 |
| Jan 31, 2020 | 0.17 |
| Oct 31, 2019 | 0.23 |
| Jul 31, 2019 | 0.23 |
| Apr 30, 2019 | 0.15 |
| Jan 31, 2019 | 0.17 |
| Oct 31, 2018 | 0.24 |
| Jul 31, 2018 | 0.27 |
| Apr 30, 2018 | 0.28 |
| Jan 31, 2018 | 0.29 |
| Oct 31, 2017 | 0.26 |
| Jul 31, 2017 | 0.31 |
| Apr 30, 2017 | 0.31 |
| Jan 31, 2017 | 0.32 |
| Oct 31, 2016 | 0.34 |
| Jul 31, 2016 | 0.38 |
| Apr 30, 2016 | 0.31 |
| Jan 31, 2016 | 0.33 |
| Oct 31, 2015 | 0.34 |
| Jul 31, 2015 | 0.34 |
| Apr 30, 2015 | 0.34 |
| Jan 31, 2015 | 0.35 |
| Oct 31, 2014 | 0.35 |
| Jul 31, 2014 | 0.35 |
| Apr 30, 2014 | 0.18 |
| Jan 31, 2014 | 0.11 |
| Oct 31, 2013 | -0.06 |
| Jul 31, 2013 | -0.03 |
| Apr 30, 2013 | -0.01 |
| Jan 31, 2013 | 0.03 |
| Oct 31, 2012 | 0.07 |
| Jul 31, 2012 | 0.13 |
| Apr 30, 2012 | 0.17 |
| Jan 31, 2012 | -0.11 |
| Oct 31, 2011 | -0.08 |
| Jul 31, 2011 | -0.01 |
| Oct 31, 2010 | 0.05 |