Spruce Power Holding (SPRU) Equity Ratio (2019 - 2025)
Spruce Power Holding's (SPRU) quarterly Equity Ratio came in at 0.14 in Q4 2025, down 10.97% year-on-year from 0.16 in Q4 2024, and down 2.53% quarter-over-quarter from 0.15 in Q3 2025.
Spruce Power Holding (SPRU) Equity Ratio (2019 - 2025) Analysis & Trends
Spruce Power Holding has disclosed Equity Ratio across 7 years of filings, most recently posting 0.14 for Q4 2025.
- Equity Ratio for Q4 2025 came in at 0.14, down 10.97% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.14 (down 10.97% YoY), and the FY2025 annual result 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.
- The 5-year median for Equity Ratio is 0.27 (2023), against an average of 0.44.
- Across the five-year window, Equity Ratio jumped 1145.52% in 2021 and plunged 69.8% in 2023, its largest moves.
- Spruce Power Holding's Equity Ratio stood at 0.92 in 2021, then sank by 62.01% to 0.35 in 2022, then sank by 31.38% to 0.24 in 2023, then sank by 32.18% to 0.16 in 2024, then declined by 10.97% to 0.14 in 2025.
- The last three Equity Ratio figures came in at 0.14 (Q4 2025), 0.15 (Q3 2025), and 0.15 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 0.74 |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 0.57 |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 0.40 |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 0.18 |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 0.15 |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 0.58 |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | -0.15 |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 0.55 |
| 10 | Spruce Power Holding | 52.76 Mn | -37.96 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 |