ESS Tech (GWH) Price to Sales (2022 - 2026)
ESS Tech's Price to Sales came in at 29.38 for Q1 2026, up 209.4% from 9.49 a year earlier and up 69.4% from the prior quarter.
Analysis
ESS Tech (GWH) Price to Sales (2022 - 2026) Analysis & Trends
For FY2025, ESS Tech's Price to Sales was 17.34, up 54.9% from FY2024.
- Going back by year, Price to Sales was 11.20 in FY2024 (-57.5%), 26.34 in FY2023 (-93.7%) and 418.13 in FY2022.
- The Q1 2026 figure represents the highest quarterly Price to Sales since Q3 2023.
- Year-over-year, Price to Sales increased in two of the last eight quarters, with an average decline of 15.7%.
- The fastest year-over-year change in Price to Sales over five years came in Q1 2026 (growth of 209.4%), and the weakest in Q4 2023 (a decline of 93.7%).
- Business Quant data shows GWH's Price to Sales at 17.34 (Q4 2025), 3.89 (Q3 2025) and 2.78 (Q2 2025) in the three quarters before Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 263.36 Bn | 224.44 Bn | 2.36 Bn |
| 2 | Bloom Energy | 84.85 Bn | 76.67 Bn | 355.57 Mn |
| 3 | First Solar | 18.77 Bn | 9.72 Bn | 605.00 Mn |
| 4 | Generac Holdings | 12.79 Bn | 11.62 Bn | 521.81 Mn |
| 5 | Nextpower | 12.78 Bn | 8.68 Bn | 335.85 Mn |
| 6 | BWX Technologies | 12.36 Bn | 10.66 Bn | 202.31 Mn |
| 7 | EnerSys | 7.13 Bn | 5.32 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.42 Bn | -436.70 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.57 Bn | 1.46 Bn | 133.10 Mn |
| 10 | ESS Tech | 5.26 Mn | 5.26 Mn | -7.42 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 29.38 |
| Dec 31, 2025 | 17.34 |
| Sep 30, 2025 | 3.89 |
| Jun 30, 2025 | 2.78 |
| Mar 31, 2025 | 9.49 |
| Dec 31, 2024 | 11.20 |
| Sep 30, 2024 | 12.03 |
| Jun 30, 2024 | 19.48 |
| Mar 31, 2024 | 12.77 |
| Dec 31, 2023 | 26.34 |
| Sep 30, 2023 | 68.33 |
| Jun 30, 2023 | 67.13 |
| Mar 31, 2023 | 169.47 |
| Dec 31, 2022 | 418.13 |
| Sep 30, 2022 | 712.38 |
| Jun 30, 2022 | 626.00 |
API Access
ESS Tech Price to Sales API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-sales&ticker=GWH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "ticker": "GWH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=price-to-sales&ticker=GWH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();