Spruce Power Holding (SPRU) Equity Ratio (2019 - 2025)
Spruce Power Holding recorded quarterly Equity Ratio of 0.14 in Q4 2025, down 2.53% quarter-over-quarter from 0.15 in Q3 2025, and down 10.97% year-over-year from 0.16 in Q4 2024.
Spruce Power Holding's Equity Ratio history runs 7 years deep, the most recent figure standing at 0.14 for Q4 2025.
- In Q4 2025, Equity Ratio fell 10.97% year-over-year to 0.14; the TTM figure through Dec 2025 stood at 0.14 (down 10.97% YoY), while the FY2025 annual figure was 0.14, down 10.97% from the prior year.
- Equity Ratio came in at 0.14 for Q4 2025 at Spruce Power Holding, down from 0.15 in the prior quarter.
- In the past five years, Equity Ratio ranged from a high of 0.95 in Q1 2022 to a low of 0.14 in Q4 2025.
- A 5-year average of 0.44 and a median of 0.27 in 2023 frame the typical range for Equity Ratio.
- Across the five-year window, Equity Ratio surged 1145.52% in 2021 and tumbled 69.8% in 2023, its largest moves.
- Spruce Power Holding's Equity Ratio stood at 0.92 in 2021, then plunged by 62.01% to 0.35 in 2022, then plunged by 31.38% to 0.24 in 2023, then plunged by 32.18% to 0.16 in 2024, then fell by 10.97% to 0.14 in 2025.
- According to Business Quant data, Equity Ratio over the past three periods registered 0.14, 0.15, and 0.15 for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 0.74 |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 0.57 |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 0.26 |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 0.40 |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 0.18 |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 0.15 |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 0.58 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | -0.15 |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 0.22 |
| 10 | Spruce Power Holding | 54.20 Mn | -36.52 Mn | 16.96 Mn | 0.14 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.14 |
| Sep 30, 2025 | 0.15 |
| Jun 30, 2025 | 0.15 |
| Mar 31, 2025 | 0.15 |
| Dec 31, 2024 | 0.16 |
| Sep 30, 2024 | 0.19 |
| Jun 30, 2024 | 0.24 |
| Mar 31, 2024 | 0.25 |
| Dec 31, 2023 | 0.24 |
| Sep 30, 2023 | 0.26 |
| Jun 30, 2023 | 0.29 |
| Mar 31, 2023 | 0.29 |
| Dec 31, 2022 | 0.35 |
| Sep 30, 2022 | 0.36 |
| Jun 30, 2022 | 0.95 |
| Mar 31, 2022 | 0.95 |
| Dec 31, 2021 | 0.92 |
| Sep 30, 2021 | 0.90 |
| Jun 30, 2021 | 0.89 |
| Mar 31, 2021 | 0.90 |
| Dec 31, 2020 | 0.54 |
| Sep 30, 2020 | -0.15 |
| Jun 30, 2020 | -0.14 |
| Mar 31, 2020 | -0.09 |
| Dec 31, 2019 | -0.06 |
| Sep 30, 2019 | 0.02 |
| Jun 30, 2019 | 0.14 |