Terawulf (WULF) Debt Ratio (2016 - 2026)
Terawulf (WULF) posted Debt Ratio of 0.44 for Q1 2026, down 4.85% sequentially from 0.47 in Q4 2025.
Terawulf (WULF) Debt Ratio (2016 - 2026) Analysis & Trends
Terawulf (WULF) has 11 years of Debt Ratio data on file, last reported at 0.44 in Q1 2026.
- Quarterly Debt Ratio changed N/A year-over-year to 0.44 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.44 (changed N/A YoY) and the FY2025 annual result came in at 0.47, changed N/A from the prior year.
- Debt Ratio declined to 0.44 in Q1 2026 per WULF's latest filing, from 0.47 in the prior quarter.
- The five-year high for Debt Ratio was 0.47 in Q4 2025, with the low at 0.03 in Q2 2025.
- Average Debt Ratio over 5 years is 0.33, with a median of 0.39 recorded in 2022.
- Year-over-year, Debt Ratio soared 726.76% in 2022 and slumped 77.12% in 2025.
- Terawulf's Debt Ratio stood at 0.39 in 2022, then slipped by 16.91% to 0.33 in 2023, then plunged by 53.83% to 0.15 in 2024, then surged by 208.54% to 0.47 in 2025, then dropped by 4.85% to 0.44 in 2026.
- Business Quant data shows WULF's Debt Ratio at 0.44 in Q1 2026, 0.47 in Q4 2025, and 0.03 in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 0.08 |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 0.13 |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | - |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 0.00 |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | - |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | - |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | - |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | - |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | - |
| 10 | Terawulf | 9.97 Bn | 7.15 Bn | 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 |