Xos (XOS) Debt Ratio (2020 - 2025)

Xos' (XOS) quarterly Debt Ratio came in at 0.11 in Q4 2025, down 46.98% year-on-year from 0.2 in Q4 2024, and up 32.47% quarter-over-quarter from 0.08 in Q3 2025.

Xos (XOS) Debt Ratio (2020 - 2025) Analysis & Trends

Xos' Debt Ratio history runs 6 years deep, the most recent figure standing at 0.11 for Q4 2025.

  • On a quarterly basis, Debt Ratio fell 46.98% year-over-year to 0.11 in Q4 2025; TTM through Dec 2025 was 0.11, a 46.98% decrease from a year earlier, with the FY2025 full-year figure at 0.11, down 46.98% from the prior year.
  • Debt Ratio improved to 0.11 in Q4 2025 per XOS's latest filing, from 0.08 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.23 in Q1 2025 and bottomed at 0.0 in Q2 2021.
  • The 5-year median for Debt Ratio is 0.04 (2022), against an average of 0.06.
  • Across the five-year window, Debt Ratio tumbled 95.49% in 2023 and soared 5700.33% in 2024, its largest moves.
  • Year by year, Debt Ratio stood at 0.0 in 2021, then plunged by 62.15% to 0.0 in 2022, then surged by 134.19% to 0.0 in 2023, then surged by 5335.96% to 0.2 in 2024, then tumbled by 46.98% to 0.11 in 2025.
  • Per Business Quant, the three latest XOS Debt Ratio figures stand at 0.11 (Q4 2025), 0.08 (Q3 2025), and 0.06 (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Caterpillar 414.02 Bn 409.95 Bn 6.11 Bn 0.26
2 Deere 164.89 Bn 157.03 Bn 13.06 Bn 0.20
3 Paccar 68.81 Bn 67.93 Bn 1.36 Bn 0.23
4 CNH Industrial 13.19 Bn 11.63 Bn 1.22 Bn -
5 Oshkosh 11.41 Bn 11.16 Bn 311.90 Mn 0.06
6 Agco 8.50 Bn 8.28 Bn 581.40 Mn 0.25
7 Terex 6.58 Bn 6.19 Bn 206.00 Mn 0.27
8 Greenpower Motor 3.53 Bn 3.53 Bn 1.26 Mn 0.23
9 Blue Bird 2.45 Bn 2.18 Bn 70.65 Mn 0.01
10 Xos 19.09 Mn 5.05 Mn -2.64 Mn 0.11

Historic Data

Download Data
DateValue
Dec 31, 2025 0.11
Sep 30, 2025 0.08
Jun 30, 2025 0.06
Mar 31, 2025 0.23
Dec 31, 2024 0.20
Sep 30, 2024 0.17
Dec 31, 2023 0.00
Sep 30, 2023 0.00
Jun 30, 2023 0.00
Mar 31, 2023 0.00
Dec 31, 2022 0.00
Sep 30, 2022 0.05
Jun 30, 2022 0.05
Mar 31, 2022 0.04
Dec 31, 2021 0.00
Sep 30, 2021 0.00
Jun 30, 2021 0.00
Dec 31, 2020 0.02