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
DateValue
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