FTC Solar (FTCI) Equity Ratio (2020 - 2026)
FTC Solar posted quarterly Equity Ratio of 0.06 for Q1 2026, down 134.02% year-on-year from 0.18 in Q1 2025, and up 83.64% on a QoQ basis from 0.38 in Q4 2025.
FTC Solar (FTCI) has 7 years of Equity Ratio data on file, last reported at 0.06 in Q1 2026.
- For the quarter ending Q1 2026, Equity Ratio fell 134.02% year-over-year to 0.06; the trailing twelve-month figure through Mar 2026 stood at 0.06 (down 134.02% YoY), and the FY2025 full-year result was 0.38, down 281.5% from the prior year.
- Equity Ratio for Q1 2026 stood at 0.06, up from 0.38 in the prior quarter.
- Across five years, Equity Ratio topped out at 0.58 in Q2 2023 and bottomed at 0.38 in Q4 2025.
- The 5-year median for Equity Ratio is 0.48 (2024), against an average of 0.32.
- The widest annual swing landed in 2022, when Equity Ratio surged 8202.91%; it then slumped 281.5% in 2025.
- A 5-year view of Equity Ratio shows it stood at 0.49 in 2022, then climbed by 2.67% to 0.51 in 2023, then tumbled by 58.3% to 0.21 in 2024, then tumbled by 281.5% to 0.38 in 2025, then soared by 83.64% to 0.06 in 2026.
- The last three Equity Ratio figures came in at 0.06 (Q1 2026), 0.38 (Q4 2025), and 0.12 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 0.74 |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 0.57 |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 0.26 |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 0.40 |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 0.18 |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 0.15 |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 0.58 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | -0.15 |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 0.22 |
| 10 | FTC Solar | 73.33 Mn | 67.69 Mn | -1.23 Mn | -0.06 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.06 |
| Dec 31, 2025 | -0.38 |
| Sep 30, 2025 | -0.12 |
| Jun 30, 2025 | 0.11 |
| Mar 31, 2025 | 0.18 |
| Dec 31, 2024 | 0.21 |
| Sep 30, 2024 | 0.33 |
| Jun 30, 2024 | 0.44 |
| Mar 31, 2024 | 0.48 |
| Dec 31, 2023 | 0.51 |
| Sep 30, 2023 | 0.54 |
| Jun 30, 2023 | 0.58 |
| Mar 31, 2023 | 0.49 |
| Dec 31, 2022 | 0.49 |
| Sep 30, 2022 | 0.55 |
| Jun 30, 2022 | 0.54 |
| Mar 31, 2022 | 0.57 |
| Dec 31, 2021 | 0.59 |
| Sep 30, 2021 | 0.69 |
| Jun 30, 2021 | 0.75 |
| Mar 31, 2021 | 0.01 |
| Dec 31, 2020 | 0.10 |