Terawulf (WULF) Debt Ratio (2016 - 2026)
Terawulf (WULF) posted Debt Ratio of 0.45 for Q1 2026, down 4.96% sequentially from 0.47 in Q4 2025.
Terawulf (WULF) Debt Ratio (2016 - 2026) Analysis & Trends
Terawulf has reported Debt Ratio for 11 years, with the latest figure at 0.45 in Q1 2026.
- Quarterly Debt Ratio changed N/A year-over-year to 0.45 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.45 (changed N/A YoY) and the FY2025 annual result came in at 0.47, changed N/A from the prior year.
- Debt Ratio slipped to 0.45 in Q1 2026 per WULF's latest filing, from 0.47 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.65 in Q4 2023 and troughed at 0.03 in Q2 2025.
- A 5-year average of 0.38 and a median of 0.4 in 2023 frame the typical range for Debt Ratio.
- The sharpest annual moves came in 2022 and 2025: Debt Ratio jumped 726.76% in 2022, then plunged 77.12% in 2025.
- Over 5 years, Debt Ratio stood at 0.39 in 2022, then surged by 66.14% to 0.65 in 2023, then plunged by 76.91% to 0.15 in 2024, then jumped by 213.22% to 0.47 in 2025, then declined by 4.96% to 0.45 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.45, 0.47, and 0.03 for Q1 2026, Q4 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - | 0.07 |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - | 0.19 |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - | - |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn | 0.05 |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn | 0.36 |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn | - |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - | -0.01 |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - | 0.15 |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - | 0.38 |
| 10 | Terawulf | 8.49 Bn | 5.66 Bn | 31.65 Mn | 0.45 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.45 |
| Dec 31, 2025 | 0.47 |
| Jun 30, 2025 | 0.03 |
| Jun 30, 2024 | 0.15 |
| Mar 31, 2024 | 0.50 |
| Dec 31, 2023 | 0.65 |
| Sep 30, 2023 | 0.40 |
| Jun 30, 2023 | 0.40 |
| Mar 31, 2023 | 0.37 |
| Dec 31, 2022 | 0.39 |
| Sep 30, 2022 | 0.30 |
| Mar 31, 2022 | 0.40 |
| Dec 31, 2021 | 0.40 |
| Mar 31, 2021 | 0.05 |
| Dec 31, 2020 | 0.17 |
| Sep 30, 2020 | 0.26 |
| Jun 30, 2020 | 0.26 |
| Mar 31, 2020 | 0.18 |
| Dec 31, 2019 | 0.17 |
| Sep 30, 2019 | 0.17 |