Stem (STEM) Debt Ratio (2020 - 2026)

Stem (STEM) recorded quarterly Debt Ratio of 0.14 in Q1 2026, down 69.37% quarter-over-quarter from 0.46 in Q4 2025, and up 5.0% on a YoY basis from 0.13 in Q1 2025.

Stem (STEM) Debt Ratio (2020 - 2026) Analysis & Trends

Stem's Debt Ratio history runs 7 years deep, the most recent figure standing at 0.14 for Q1 2026.

  • In Q1 2026, Debt Ratio rose 5.0% year-over-year to 0.14; the TTM figure through Mar 2026 stood at 0.14 (up 5.0% YoY), while the FY2025 annual figure was 0.46, up 247.21% from the prior year.
  • Debt Ratio was 0.14 for Q1 2026 at Stem, down from 0.46 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.46 in Q4 2025 to a low of 0.01 in Q2 2022.
  • Historically, Debt Ratio has averaged 0.11 across 5 years, with a median of 0.06 in 2022.
  • The sharpest annual moves came in 2022 and 2024: Debt Ratio slumped 32.26% in 2022, then jumped 793.3% in 2024.
  • A 5-year view of Debt Ratio shows it stood at 0.06 in 2022, then slipped by 11.99% to 0.05 in 2023, then jumped by 169.9% to 0.13 in 2024, then soared by 247.21% to 0.46 in 2025, then plunged by 69.37% to 0.14 in 2026.
  • The last three Debt Ratio figures came in at 0.14 (Q1 2026), 0.46 (Q4 2025), and 0.12 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 AXIA Energia 186.46 Bn 183.75 Bn 1.44 Bn 0.22
2 Enlight Renewable Energy 11.26 Bn 10.73 Bn 85.64 Mn 0.06
3 Ormat Technologies 8.50 Bn 8.35 Bn 78.83 Mn 0.01
4 Fluence Energy 3.04 Bn 2.71 Bn 46.63 Mn -
5 Clearway Energy 1.39 Bn 4.74 Bn 220.00 Mn 0.54
6 XPLR Infrastructure 1.09 Bn 8.62 Bn 141.00 Mn 0.32
7 Energy Vault Holdings 940.11 Mn 894.68 Mn 4.79 Mn 0.58
8 Ellomay Capital 694.29 Mn 616.52 Mn 1,508.00 1.09
9 ReNew Energy Global 317.68 Mn 100.91 Mn 275.78 Mn 0.04
10 Stem 65.58 Mn 29.38 Mn 10.86 Mn 0.14

Historic Data

Download Data
DateValue
Mar 31, 2026 0.14
Dec 31, 2025 0.46
Sep 30, 2025 0.12
Jun 30, 2025 0.37
Mar 31, 2025 0.13
Dec 31, 2024 0.13
Sep 30, 2024 0.11
Jun 30, 2024 0.09
Mar 31, 2024 0.05
Dec 31, 2023 0.05
Sep 30, 2023 0.01
Jun 30, 2023 0.01
Mar 31, 2023 0.06
Dec 31, 2022 0.06
Sep 30, 2022 0.01
Jun 30, 2022 0.01
Mar 31, 2022 0.06
Dec 31, 2021 0.07
Sep 30, 2021 0.02
Jun 30, 2021 0.00