FTC Solar (FTCI) Debt Ratio (2020 - 2026)
FTC Solar's (FTCI) quarterly Debt Ratio came in at 0.23 in Q1 2026, up 90.91% YoY from 0.12 in Q1 2025, and up 14.25% on a QoQ basis from 0.2 in Q4 2025.
FTC Solar (FTCI) Debt Ratio (2020 - 2026) Analysis & Trends
FTC Solar (FTCI) has 4 years of Debt Ratio data on file, last reported at 0.23 in Q1 2026.
- Quarterly Debt Ratio rose 90.91% year-over-year to 0.23 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.23 (up 90.91% YoY) and the FY2025 annual result came in at 0.2, up 92.04% from the prior year.
- Debt Ratio grew to 0.23 in Q1 2026, from 0.2 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.23 in Q1 2026 to a low of 0.11 in Q4 2024.
- A 3-year average of 0.16 and a median of 0.14 in 2025 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2025 — Debt Ratio soared 92.04% — and 2026, when it soared 90.91%.
- Tracing FTCI's Debt Ratio over 3 years: stood at 0.11 in 2024, then soared by 92.04% to 0.2 in 2025, then grew by 14.25% to 0.23 in 2026.
- The last three Debt Ratio figures came in at 0.23 (Q1 2026), 0.2 (Q4 2025), and 0.15 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 0.00 |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 0.20 |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | 0.62 |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | - |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 0.19 |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | 0.55 |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | 0.15 |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 0.44 |
| 10 | FTC Solar | 34.18 Mn | 23.11 Mn | -2.23 Mn | 0.23 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.23 |
| Mar 31, 2026 | 0.23 |
| Dec 31, 2025 | 0.20 |
| Sep 30, 2025 | 0.15 |
| Jun 30, 2025 | 0.13 |
| Mar 31, 2025 | 0.12 |
| Dec 31, 2024 | 0.11 |
| Dec 31, 2020 | 0.02 |