Toyo (TOYO) Equity Ratio (2023 - 2025)

Toyo's quarterly Equity Ratio came in at 0.25 in Q4 2025, up 2.02% year-on-year from 0.25 in Q4 2024, and up 2.02% quarter-over-quarter from 0.25 in Q4 2024.

Toyo has reported Equity Ratio for 3 years, with the latest figure at 0.25 in Q4 2025.

  • For the quarter ending Q4 2025, Equity Ratio rose 2.02% year-over-year to 0.25; the trailing twelve-month figure through Dec 2025 stood at 0.25 (up 2.02% YoY), and the FY2025 full-year result was 0.25, up 2.02% from the prior year.
  • Equity Ratio for Q4 2025 stood at 0.25, up from 0.25 in the prior quarter.
  • The five-year high for Equity Ratio was 0.25 in Q4 2025, with the low at 0.24 in Q4 2023.
  • Average Equity Ratio over 3 years is 0.25, with a median of 0.25 recorded in 2024.
  • Year-over-year, Equity Ratio climbed 3.46% in 2024 and increased 2.02% in 2025.
  • Tracing TOYO's Equity Ratio over 3 years: stood at 0.24 in 2023, then rose by 3.46% to 0.25 in 2024, then gained by 2.02% to 0.25 in 2025.
  • The last three Equity Ratio figures came in at 0.25 (Q4 2025), 0.25 (Q4 2024), and 0.24 (Q4 2023), per Business Quant data.

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 Toyo 14,082.60 -59.56 Mn 47.76 Mn -

Historic Data

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DateValue
Dec 31, 2025 0.25
Jun 30, 2025 0.20
Dec 31, 2024 0.25
Jun 30, 2024 0.30
Dec 31, 2023 0.24