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| Date | Value |
|---|---|
| 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 |