Terawulf (WULF) Equity Ratio (2010 - 2026)
Terawulf (WULF) posted Equity Ratio of 0.01 for Q1 2026, down 152.48% sequentially from 0.02 in Q4 2025, and down 105.55% YoY from 0.2 in Q1 2025.
Terawulf (WULF) Equity Ratio (2010 - 2026) Analysis & Trends
Terawulf (WULF) has 17 years of Equity Ratio data on file, last reported at 0.01 in Q1 2026.
- Quarterly Equity Ratio fell 105.55% year-over-year to 0.01 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.01 (down 105.55% YoY) and the FY2025 annual result came in at 0.02, down 93.1% from the prior year.
- Equity Ratio slipped to 0.01 in Q1 2026 per WULF's latest filing, from 0.02 in the prior quarter.
- The five-year high for Equity Ratio was 0.92 in Q3 2024, with the low at 0.01 in Q1 2026.
- Average Equity Ratio over 5 years is 0.4, with a median of 0.42 recorded in 2022.
- Year-over-year, Equity Ratio soared 85.95% in 2024 and sank 105.55% in 2026.
- Terawulf's Equity Ratio stood at 0.37 in 2022, then jumped by 58.75% to 0.59 in 2023, then tumbled by 47.25% to 0.31 in 2024, then slumped by 93.1% to 0.02 in 2025, then tumbled by 152.48% to 0.01 in 2026.
- Business Quant data shows WULF's Equity Ratio at 0.01 in Q1 2026, 0.02 in Q4 2025, and 0.1 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 0.07 |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 0.06 |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 0.10 |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | 0.18 |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 0.21 |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 0.30 |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 0.88 |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 0.04 |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 0.37 |
| 10 | Terawulf | 9.97 Bn | 7.15 Bn | 31.65 Mn | -0.01 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.01 |
| Dec 31, 2025 | 0.02 |
| Sep 30, 2025 | 0.10 |
| Jun 30, 2025 | 0.20 |
| Mar 31, 2025 | 0.20 |
| Dec 31, 2024 | 0.31 |
| Sep 30, 2024 | 0.92 |
| Jun 30, 2024 | 0.81 |
| Mar 31, 2024 | 0.69 |
| Dec 31, 2023 | 0.59 |
| Sep 30, 2023 | 0.49 |
| Jun 30, 2023 | 0.45 |
| Mar 31, 2023 | 0.46 |
| Dec 31, 2022 | 0.37 |
| Sep 30, 2022 | 0.39 |
| Mar 31, 2022 | 0.44 |
| Dec 31, 2021 | 0.46 |
| Sep 30, 2021 | 1.42 |
| Jun 30, 2021 | 0.84 |
| Mar 31, 2021 | 0.94 |