ESS Tech (GWH) Equity Ratio (2020 - 2026)

ESS Tech's quarterly Equity Ratio came in at 0.19 in Q1 2026, down 13.73% year-on-year from 0.23 in Q1 2025, and up 15.47% quarter-over-quarter from 0.17 in Q4 2025.

ESS Tech has reported Equity Ratio for 7 years, with the latest figure at 0.19 in Q1 2026.

  • For the quarter ending Q1 2026, Equity Ratio fell 13.73% year-over-year to 0.19; the trailing twelve-month figure through Mar 2026 stood at 0.19 (down 13.73% YoY), and the FY2025 full-year result was 0.17, down 58.13% from the prior year.
  • Equity Ratio for Q1 2026 stood at 0.19, up from 0.17 in the prior quarter.
  • The five-year high for Equity Ratio was 0.86 in Q2 2022, with the low at 0.05 in Q3 2025.
  • Average Equity Ratio over 5 years is 0.54, with a median of 0.71 recorded in 2024.
  • Year-over-year, Equity Ratio surged 239.41% in 2022 and sank 109.61% in 2025.
  • Tracing GWH's Equity Ratio over 5 years: stood at 0.79 in 2022, then retreated by 8.57% to 0.72 in 2023, then slumped by 44.26% to 0.4 in 2024, then sank by 58.13% to 0.17 in 2025, then gained by 15.47% to 0.19 in 2026.
  • The last three Equity Ratio figures came in at 0.19 (Q1 2026), 0.17 (Q4 2025), and 0.05 (Q3 2025), per Business Quant data.

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 ESS Tech 28.05 Mn 28.05 Mn -7.04 Mn 0.19

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 0.19
Dec 31, 2025 0.17
Sep 30, 2025 -0.05
Jun 30, 2025 0.08
Mar 31, 2025 0.23
Dec 31, 2024 0.40
Sep 30, 2024 0.51
Jun 30, 2024 0.62
Mar 31, 2024 0.71
Dec 31, 2023 0.72
Sep 30, 2023 0.73
Jun 30, 2023 0.76
Mar 31, 2023 0.80
Dec 31, 2022 0.79
Sep 30, 2022 0.82
Jun 30, 2022 0.86
Mar 31, 2022 0.85
Dec 31, 2021 0.82
Sep 30, 2021 -1.07
Jun 30, 2021 -0.97
Mar 31, 2021 -0.61
Dec 31, 2020 -3.09
Sep 30, 2020 -0.11