ReNew Energy Global (RNW) Debt to Equity (2020 - 2026)
ReNew Energy Global (RNW) reported Debt to Equity of $0.35 for Q1 2026, down 43.0% year-over-year from $0.62 in Q1 2025, and down 43.0% on a QoQ basis from $0.62 in Q1 2025.
ReNew Energy Global (RNW) has 7 years of Debt to Equity data on file, last reported at $0.35 in Q1 2026.
- Quarterly Debt to Equity fell 43.0% year-over-year to $0.35 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $0.35 (down 43.0% YoY) and the FY2026 annual result came in at $0.36, down 41.06% from the prior year.
- Debt to Equity fell to $0.35 in Q1 2026 per RNW's latest filing, from $0.62 in the prior quarter.
- Across five years, Debt to Equity topped out at $6.15 in Q1 2024 and bottomed at $0.13 in Q1 2022.
- The 5-year median for Debt to Equity is $0.62 (2025), against an average of $2.35.
- The widest annual swing landed in 2023, when Debt to Equity surged 3316.15%; it then tumbled 89.97% in 2025.
- Tracing RNW's Debt to Equity over 5 years: stood at $0.13 in 2022, then surged by 3316.15% to $4.48 in 2023, then jumped by 37.33% to $6.15 in 2024, then plunged by 89.97% to $0.62 in 2025, then sank by 43.0% to $0.35 in 2026.
- Per Business Quant, the three latest RNW Debt to Equity figures stand at $0.35 (Q1 2026), $0.62 (Q1 2025), and $6.15 (Q1 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | AXIA Energia | 193.97 Bn | 191.26 Bn | 1.44 Bn | - |
| 2 | Enlight Renewable Energy | 13.10 Bn | 12.57 Bn | 85.64 Mn | 0.29 |
| 3 | Ormat Technologies | 8.30 Bn | 8.16 Bn | 78.83 Mn | 0.03 |
| 4 | Fluence Energy | 3.60 Bn | 3.28 Bn | 46.63 Mn | - |
| 5 | Clearway Energy | 1.42 Bn | 4.77 Bn | 220.00 Mn | 1.66 |
| 6 | XPLR Infrastructure | 1.16 Bn | 8.69 Bn | 141.00 Mn | 0.59 |
| 7 | Energy Vault Holdings | 916.05 Mn | 870.62 Mn | 4.79 Mn | 5.64 |
| 8 | Ellomay Capital | 782.29 Mn | 671.00 Mn | 1.49 Mn | 6.53 |
| 9 | ReNew Energy Global | 342.92 Mn | 58.95 Mn | 269.00 Mn | 0.35 |
| 10 | Nextnrg | 90.54 Mn | 87.86 Mn | 1.71 Mn | 0.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.35 |
| Mar 31, 2025 | 0.37 |
| Mar 31, 2024 | 6.15 |
| Mar 31, 2023 | 4.48 |
| Mar 31, 2022 | 0.13 |
| Mar 31, 2021 | 0.17 |
| Mar 31, 2020 | 4.22 |