Ultralife (ULBI) Debt to Equity (2010 - 2026)

Ultralife (ULBI) recorded quarterly Debt to Equity of $0.37 in Q1 2026, down 3.7% quarter-over-quarter from $0.38 in Q4 2025, and down 6.37% on a YoY basis from $0.39 in Q1 2025.

Ultralife (ULBI) Debt to Equity (2010 - 2026) Analysis & Trends

Ultralife's Debt to Equity history runs 12 years deep, the most recent figure standing at $0.37 for Q1 2026.

  • In Q1 2026, Debt to Equity fell 6.37% year-over-year to $0.37; the TTM figure through Mar 2026 stood at $0.37 (down 6.37% YoY), while the FY2025 annual figure was $0.38, down 5.63% from the prior year.
  • Debt to Equity was $0.37 for Q1 2026 at Ultralife, down from $0.38 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.4 in Q4 2024 to a low of $0.06 in Q3 2024.
  • Historically, Debt to Equity has averaged $0.25 across 5 years, with a median of $0.2 in 2023.
  • The sharpest annual moves came in 2022 and 2024: Debt to Equity soared 9184.63% in 2022, then tumbled 72.7% in 2024.
  • A 5-year view of Debt to Equity shows it stood at $0.18 in 2022, then climbed by 11.47% to $0.2 in 2023, then soared by 97.9% to $0.4 in 2024, then fell by 5.63% to $0.38 in 2025, then decreased by 3.7% to $0.37 in 2026.
  • The last three Debt to Equity figures came in at $0.37 (Q1 2026), $0.38 (Q4 2025), and $0.37 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - 0.58
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 0.69
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn -
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 0.41
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 0.68
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 0.41
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn -
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn -
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 0.25
10 Ultralife 108.44 Mn 99.67 Mn 10.11 Mn 0.37

Historic Data

Download Data
DateValue
Mar 31, 2026 0.37
Dec 31, 2025 0.38
Sep 30, 2025 0.37
Jun 30, 2025 0.37
Mar 31, 2025 0.39
Dec 31, 2024 0.40
Sep 30, 2024 0.06
Jun 30, 2024 0.09
Mar 31, 2024 0.19
Dec 31, 2023 0.20
Sep 30, 2023 0.21
Jun 30, 2023 0.21
Mar 31, 2023 0.20
Dec 31, 2022 0.18
Sep 30, 2022 0.20
Jun 30, 2022 0.18
Mar 31, 2022 0.19
Dec 31, 2021 0.18
Sep 30, 2021 0.00
Jun 30, 2021 0.01