Stem (STEM) Equity Ratio (2019 - 2026)
Stem (STEM) recorded quarterly Equity Ratio of 0.94 in Q1 2026, down 17.15% quarter-over-quarter from 0.81 in Q4 2025, and up 8.22% on a YoY basis from 0.87 in Q1 2025.
Stem (STEM) Equity Ratio (2019 - 2026) Analysis & Trends
Stem's Equity Ratio history runs 8 years deep, the most recent figure standing at 0.94 for Q1 2026.
- In Q1 2026, Equity Ratio rose 8.22% year-over-year to 0.94; the TTM figure through Mar 2026 stood at 0.94 (up 8.22% YoY), while the FY2025 annual figure was 0.81, up 11.36% from the prior year.
- Equity Ratio was 0.94 for Q1 2026 at Stem, down from 0.81 in the prior quarter.
- In the past five years, Equity Ratio ranged from a high of 0.44 in Q1 2022 to a low of 1.03 in Q1 2025.
- Historically, Equity Ratio has averaged 0.15 across 5 years, with a median of 0.29 in 2024.
- The sharpest annual moves came in 2022 and 2025: Equity Ratio surged 167.12% in 2022, then sank 455.45% in 2025.
- A 5-year view of Equity Ratio shows it stood at 0.39 in 2022, then declined by 19.03% to 0.31 in 2023, then plunged by 389.29% to 0.91 in 2024, then gained by 11.36% to 0.81 in 2025, then dropped by 17.15% to 0.94 in 2026.
- The last three Equity Ratio figures came in at 0.94 (Q1 2026), 0.81 (Q4 2025), and 0.65 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | AXIA Energia | 186.46 Bn | 183.75 Bn | 1.44 Bn | 0.43 |
| 2 | Enlight Renewable Energy | 11.26 Bn | 10.73 Bn | 85.64 Mn | 0.20 |
| 3 | Ormat Technologies | 8.50 Bn | 8.35 Bn | 78.83 Mn | 0.41 |
| 4 | Fluence Energy | 3.04 Bn | 2.71 Bn | 46.63 Mn | 0.16 |
| 5 | Clearway Energy | 1.39 Bn | 4.74 Bn | 220.00 Mn | 0.33 |
| 6 | XPLR Infrastructure | 1.09 Bn | 8.62 Bn | 141.00 Mn | 0.55 |
| 7 | Energy Vault Holdings | 940.11 Mn | 894.68 Mn | 4.79 Mn | 0.10 |
| 8 | Ellomay Capital | 694.29 Mn | 616.52 Mn | 1,508.00 | 0.17 |
| 9 | ReNew Energy Global | 317.68 Mn | 100.91 Mn | 275.78 Mn | 0.12 |
| 10 | Stem | 65.58 Mn | 29.38 Mn | 10.86 Mn | -0.94 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.94 |
| Dec 31, 2025 | -0.81 |
| Sep 30, 2025 | -0.65 |
| Jun 30, 2025 | -0.56 |
| Mar 31, 2025 | -1.03 |
| Dec 31, 2024 | -0.91 |
| Sep 30, 2024 | -0.64 |
| Jun 30, 2024 | -0.29 |
| Mar 31, 2024 | 0.29 |
| Dec 31, 2023 | 0.31 |
| Sep 30, 2023 | 0.32 |
| Jun 30, 2023 | 0.35 |
| Mar 31, 2023 | 0.37 |
| Dec 31, 2022 | 0.39 |
| Sep 30, 2022 | 0.41 |
| Jun 30, 2022 | 0.42 |
| Mar 31, 2022 | 0.44 |
| Dec 31, 2021 | 0.56 |
| Sep 30, 2021 | 0.76 |
| Jun 30, 2021 | 0.30 |