Xos (XOSWW) Debt to Equity (2020 - 2025)

Xos (XOSWW) recorded quarterly Debt to Equity of $0.28 in Q4 2025, up 44.49% quarter-over-quarter from $0.19 in Q3 2025, and down 53.02% on a YoY basis from $0.59 in Q4 2024.

Xos (XOSWW) Debt to Equity (2020 - 2025) Analysis & Trends

Xos' Debt to Equity history runs 6 years deep, the most recent figure standing at $0.28 for Q4 2025.

  • In Q4 2025, Debt to Equity fell 53.02% year-over-year to $0.28; the TTM figure through Dec 2025 stood at $0.28 (down 53.02% YoY), while the FY2025 annual figure was $0.28, down 53.02% from the prior year.
  • Debt to Equity was $0.28 for Q4 2025 at Xos, up from $0.19 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.81 in Q1 2025 to a low of -$0.0 in Q2 2021.
  • Historically, Debt to Equity has averaged $0.17 across 5 years, with a median of $0.06 in 2022.
  • The sharpest annual moves came in 2022 and 2023: Debt to Equity soared 322029.45% in 2022, then plunged 99.78% in 2023.
  • A 5-year view of Debt to Equity shows it stood at $0.01 in 2021, then slumped by 60.95% to $0.0 in 2022, then tumbled by 93.19% to $0.0 in 2023, then jumped by 244188.09% to $0.59 in 2024, then slumped by 53.02% to $0.28 in 2025.
  • The last three Debt to Equity figures came in at $0.28 (Q4 2025), $0.19 (Q3 2025), and $0.25 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Caterpillar 424.10 Bn 420.03 Bn 6.11 Bn 1.07
2 Deere 156.25 Bn 148.36 Bn 13.06 Bn 0.79
3 Paccar 63.14 Bn 62.45 Bn 1.36 Bn -
4 Oshkosh 8.32 Bn 8.07 Bn 311.90 Mn 0.13
5 Terex 6.12 Bn 5.73 Bn 206.00 Mn 0.57
6 Blue Bird 2.24 Bn 1.97 Bn 70.65 Mn 0.30
7 Alamo 1.85 Bn 1.65 Bn 104.81 Mn 0.25
8 Lindsay 1.21 Bn 1.02 Bn 42.35 Mn 0.24
9 Astec Industries 1.18 Bn 1.11 Bn 99.10 Mn 0.56
10 Xos - - -2.64 Mn 0.28

Historic Data

Download Data
DateValue
Dec 31, 2025 0.28
Sep 30, 2025 0.19
Jun 30, 2025 0.25
Mar 31, 2025 0.81
Dec 31, 2024 0.59
Sep 30, 2024 0.39
Sep 30, 2023 0.00
Jun 30, 2023 0.00
Mar 31, 2023 0.01
Dec 31, 2022 0.00
Sep 30, 2022 0.09
Jun 30, 2022 0.07
Mar 31, 2022 0.05
Dec 31, 2021 0.01
Sep 30, 2021 0.01
Jun 30, 2021 0.00
Dec 31, 2020 -0.24