Growth Metrics

Microvast Holdings (MVST) Debt to Equity (2020 - 2026)

Microvast Holdings' quarterly Debt to Equity came in at $0.16 in Q1 2026, down 41.58% year-on-year from $0.28 in Q1 2025, and down 63.13% quarter-over-quarter from $0.44 in Q4 2025.

Microvast Holdings has reported Debt to Equity for 7 years, with the latest figure at $0.16 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity fell 41.58% year-over-year to $0.16; the trailing twelve-month figure through Mar 2026 stood at $0.16 (down 41.58% YoY), and the FY2025 full-year result was $0.44, up 320.24% from the prior year.
  • Debt to Equity for Q1 2026 stood at $0.16, down from $0.44 in the prior quarter.
  • The five-year high for Debt to Equity was $444.5 in Q1 2022, with the low at $0.01 in Q3 2022.
  • Average Debt to Equity over 5 years is $26.31, with a median of $0.14 recorded in 2023.
  • Year-over-year, Debt to Equity soared 17503466.1% in 2022 and sank 99.99% in 2023.
  • Tracing MVST's Debt to Equity over 5 years: stood at $0.03 in 2022, then surged by 394.3% to $0.14 in 2023, then slipped by 24.55% to $0.11 in 2024, then surged by 320.24% to $0.44 in 2025, then sank by 63.13% to $0.16 in 2026.
  • The last three Debt to Equity figures came in at $0.16 (Q1 2026), $0.44 (Q4 2025), and $0.64 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 O Reilly Automotive 76.93 Bn 76.68 Bn 2.35 Bn -5.81
2 Autozone 56.46 Bn 56.17 Bn 2.24 Bn -3.06
3 Modine Manufacturing 13.73 Bn 13.64 Bn 186.10 Mn 0.54
4 Borgwarner 13.51 Bn 13.68 Bn 677.00 Mn 0.71
5 Genuine Parts 13.47 Bn 12.99 Bn 2.34 Bn 1.04
6 Aptiv 12.21 Bn 9.14 Bn 920.00 Mn 1.01
7 Magna International 10.79 Bn 9.60 Bn 1.42 Bn -
8 Autoliv 9.18 Bn 8.83 Bn 526.00 Mn 0.79
9 Allison Transmission Holdings 9.12 Bn 8.81 Bn 406.00 Mn 2.24
10 Microvast Holdings 485.25 Mn 311.25 Mn 19.16 Mn 0.16

Historic Data

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DateValue
Mar 31, 2026 0.16
Dec 31, 2025 0.44
Sep 30, 2025 0.64
Jun 30, 2025 0.33
Mar 31, 2025 0.28
Dec 31, 2024 0.11
Sep 30, 2024 0.25
Jun 30, 2024 0.21
Mar 31, 2024 0.08
Dec 31, 2023 0.14
Sep 30, 2023 0.04
Jun 30, 2023 0.03
Mar 31, 2023 0.04
Dec 31, 2022 0.03
Sep 30, 2022 0.01
Jun 30, 2022 0.01
Mar 31, 2022 444.50
Dec 31, 2021 -15.36
Sep 30, 2021 0.03
Jun 30, 2021 0.00
Mar 31, 2021 0.00
Dec 31, 2020 -0.03
Sep 30, 2020 0.00
Jun 30, 2020 0.00