Polar Power (POLA) Equity Ratio (2017 - 2026)

Polar Power (POLA) recorded quarterly Equity Ratio of 0.21 in Q1 2026, up 1413.28% quarter-over-quarter from 0.01 in Q4 2025, and down 52.25% on a YoY basis from 0.44 in Q1 2025.

Polar Power (POLA) Equity Ratio (2017 - 2026) Analysis & Trends

Polar Power's Equity Ratio history runs 10 years deep, the most recent figure standing at 0.21 for Q1 2026.

  • In Q1 2026, Equity Ratio fell 52.25% year-over-year to 0.21; the TTM figure through Mar 2026 stood at 0.21 (down 52.25% YoY), while the FY2025 annual figure was 0.01, down 97.16% from the prior year.
  • Equity Ratio was 0.21 for Q1 2026 at Polar Power, up from 0.01 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.85 in Q1 2022 to a low of 0.01 in Q4 2025.
  • Historically, Equity Ratio has averaged 0.51 across 5 years, with a median of 0.52 in 2023.
  • The sharpest annual moves came in 2022 and 2025: Equity Ratio increased 6.65% in 2022, then sank 97.16% in 2025.
  • A 5-year view of Equity Ratio shows it stood at 0.75 in 2022, then sank by 30.54% to 0.52 in 2023, then declined by 7.09% to 0.49 in 2024, then tumbled by 97.16% to 0.01 in 2025, then jumped by 1413.28% to 0.21 in 2026.
  • The last three Equity Ratio figures came in at 0.21 (Q1 2026), 0.01 (Q4 2025), and 0.23 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - 0.57
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 0.32
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 0.20
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 0.55
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 0.45
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 0.53
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 0.60
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn -
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 0.62
10 Polar Power 6.05 Mn 6.02 Mn 1.14 Mn 0.21

Historic Data

Download Data
DateValue
Mar 31, 2026 0.21
Dec 31, 2025 0.01
Sep 30, 2025 0.23
Jun 30, 2025 0.42
Mar 31, 2025 0.44
Dec 31, 2024 0.49
Sep 30, 2024 0.55
Jun 30, 2024 0.52
Mar 31, 2024 0.46
Dec 31, 2023 0.52
Sep 30, 2023 0.52
Jun 30, 2023 0.59
Dec 31, 2022 0.75
Sep 30, 2022 0.77
Jun 30, 2022 0.78
Mar 31, 2022 0.85
Dec 31, 2021 0.86
Sep 30, 2021 0.85
Jun 30, 2021 0.78
Mar 31, 2021 0.80