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 | 333.21 Bn | 173.07 Bn | - | 0.07 |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 0.19 |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 0.04 |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 0.36 |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 0.18 |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 0.38 |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | - |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | - |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | 0.02 |
| 10 | Terawulf | 7.54 Bn | 4.78 Bn | 32.37 Mn | 0.52 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.52 |
| 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 |