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
DateValue
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