Fuelcell Energy (FCELB) Equity Ratio (2010 - 2026)
Fuelcell Energy's (FCELB) quarterly Equity Ratio came in at 0.71 in Q1 2026, little changed year-on-year from 0.71 in Q1 2025, and down 1.39% quarter-over-quarter from 0.72 in Q4 2025.
Fuelcell Energy (FCELB) Equity Ratio (2010 - 2026) Analysis & Trends
Fuelcell Energy has disclosed Equity Ratio across 17 years of filings, most recently posting 0.71 for Q1 2026.
- Equity Ratio for Q1 2026 came in at 0.71, changed 0.12% year-over-year; the trailing twelve-month figure through Jan 2026 was 0.71 (changed 0.12% YoY), and the FY2025 annual result 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.
- The 5-year median for Equity Ratio is 0.72 (2024), against an average of 0.72.
- Across the five-year window, Equity Ratio grew 27.75% in 2022 and decreased 5.74% in 2025, its largest moves.
- Fuelcell Energy's Equity Ratio stood at 0.74 in 2022, then slipped by 0.38% to 0.73 in 2023, then fell by 3.54% to 0.71 in 2024, then advanced by 1.84% to 0.72 in 2025, then slipped by 1.39% to 0.71 in 2026.
- The last three Equity Ratio figures came in at 0.71 (Q1 2026), 0.72 (Q4 2025), and 0.68 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 395.03 Bn | 394.98 Bn | - | 0.57 |
| 2 | Vertiv Holdings | 110.52 Bn | 108.02 Bn | 999.70 Mn | 0.32 |
| 3 | Bloom Energy | 73.12 Bn | 70.66 Bn | 225.54 Mn | 0.20 |
| 4 | nVent Electric | 26.38 Bn | 26.19 Bn | 445.60 Mn | 0.55 |
| 5 | Hubbell | 25.79 Bn | 25.28 Bn | 505.30 Mn | 0.45 |
| 6 | Advanced Energy Industries | 11.69 Bn | 11.69 Bn | 200.90 Mn | 0.53 |
| 7 | Ballard Power Systems | 11.51 Bn | 10.98 Bn | 5.64 Mn | - |
| 8 | Powell Industries | 10.32 Bn | 9.77 Bn | 87.94 Mn | 0.60 |
| 9 | Acuity Inc. (De) | 9.21 Bn | 8.94 Bn | 520.40 Mn | 0.62 |
| 10 | Fuelcell Energy | - | - | -12.93 Mn | 0.73 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 0.73 |
| Jan 31, 2026 | 0.72 |
| 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 |