Terawulf (WULF) Debt Ratio (2016 - 2026)
Terawulf's (WULF) quarterly Debt Ratio came in at 0.44 in Q1 2026, down 4.85% quarter-over-quarter from 0.47 in Q4 2025.
Terawulf (WULF) Debt Ratio (2016 - 2026) Analysis & Trends
Terawulf has disclosed Debt Ratio across 11 years of filings, most recently posting 0.44 for Q1 2026.
- Debt Ratio for Q1 2026 came in at 0.44, changed N/A year-over-year; the trailing twelve-month figure through Mar 2026 was 0.44 (changed N/A YoY), and the FY2025 annual result was 0.47, changed N/A from the prior year.
- Debt Ratio came in at 0.44 for Q1 2026 at Terawulf, down from 0.47 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.47 in Q4 2025 to a low of 0.03 in Q2 2025.
- The 5-year median for Debt Ratio is 0.39 (2022), against an average of 0.33.
- Across the five-year window, Debt Ratio surged 726.76% in 2022 and plunged 77.12% in 2025, its largest moves.
- Terawulf's Debt Ratio stood at 0.39 in 2022, then fell by 16.91% to 0.33 in 2023, then tumbled by 53.83% to 0.15 in 2024, then surged by 208.54% to 0.47 in 2025, then retreated by 4.85% to 0.44 in 2026.
- The last three Debt Ratio figures came in at 0.44 (Q1 2026), 0.47 (Q4 2025), and 0.03 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 96,012.83 Bn | 96,012.83 Bn | - | - |
| 2 | Morgan Stanley | 328.23 Bn | 194.70 Bn | - | 0.08 |
| 3 | Goldman Sachs | 313.22 Bn | -624.33 Bn | - | 0.13 |
| 4 | Schwab Charles | 154.90 Bn | 109.92 Bn | - | - |
| 5 | Robinhood Markets | 75.17 Bn | 70.53 Bn | 960.00 Mn | - |
| 6 | Interactive Brokers | 38.41 Bn | 49.00 Bn | - | - |
| 7 | LPL Financial Holdings | 23.13 Bn | 22.10 Bn | - | - |
| 8 | Tradeweb Markets | 21.12 Bn | 19.87 Bn | - | - |
| 9 | Circle Internet | 19.75 Bn | 18.24 Bn | 35.01 Mn | - |
| 10 | Terawulf | 2.04 Bn | -780.52 Mn | 31.65 Mn | 0.44 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.44 |
| Dec 31, 2025 | 0.47 |
| Jun 30, 2025 | 0.03 |
| Jun 30, 2024 | 0.15 |
| Mar 31, 2024 | 0.25 |
| Dec 31, 2023 | 0.33 |
| Sep 30, 2023 | 0.40 |
| Jun 30, 2023 | 0.40 |
| Mar 31, 2023 | 0.38 |
| Dec 31, 2022 | 0.39 |
| Sep 30, 2022 | 0.27 |
| 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 |