Xos (XOSWW) Equity Ratio (2020 - 2025)

Xos (XOSWW) recorded quarterly Equity Ratio of 0.39 in Q4 2025, down 8.32% quarter-over-quarter from 0.42 in Q3 2025, and up 12.87% on a YoY basis from 0.34 in Q4 2024.

Xos (XOSWW) Equity Ratio (2020 - 2025) Analysis & Trends

Xos' Equity Ratio history runs 6 years deep, the most recent figure standing at 0.39 for Q4 2025.

  • In Q4 2025, Equity Ratio rose 12.87% year-over-year to 0.39; the TTM figure through Dec 2025 stood at 0.39 (up 12.87% YoY), while the FY2025 annual figure was 0.39, up 12.87% from the prior year.
  • Equity Ratio was 0.39 for Q4 2025 at Xos, down from 0.42 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.76 in Q4 2021 to a low of 0.13 in Q2 2021.
  • Historically, Equity Ratio has averaged 0.45 across 5 years, with a median of 0.49 in 2023.
  • The sharpest annual moves came in 2022 and 2025: Equity Ratio surged 756.73% in 2022, then sank 52.46% in 2025.
  • A 5-year view of Equity Ratio shows it stood at 0.76 in 2021, then fell by 22.62% to 0.59 in 2022, then retreated by 18.24% to 0.48 in 2023, then declined by 29.15% to 0.34 in 2024, then rose by 12.87% to 0.39 in 2025.
  • The last three Equity Ratio figures came in at 0.39 (Q4 2025), 0.42 (Q3 2025), and 0.23 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Caterpillar 424.10 Bn 420.03 Bn 6.11 Bn 0.20
2 Deere 156.25 Bn 148.36 Bn 13.06 Bn 0.26
3 Paccar 63.14 Bn 62.45 Bn 1.36 Bn 0.45
4 Oshkosh 8.32 Bn 8.07 Bn 311.90 Mn 0.45
5 Terex 6.12 Bn 5.73 Bn 206.00 Mn 0.47
6 Blue Bird 2.24 Bn 1.97 Bn 70.65 Mn 0.43
7 Alamo 1.85 Bn 1.65 Bn 104.81 Mn 0.68
8 Lindsay 1.21 Bn 1.02 Bn 42.35 Mn 0.61
9 Astec Industries 1.18 Bn 1.11 Bn 99.10 Mn 0.47
10 Xos - - -2.64 Mn 0.39

Historic Data

Download Data
DateValue
Dec 31, 2025 0.39
Sep 30, 2025 0.42
Jun 30, 2025 0.23
Mar 31, 2025 0.28
Dec 31, 2024 0.34
Sep 30, 2024 0.42
Jun 30, 2024 0.48
Mar 31, 2024 0.50
Dec 31, 2023 0.48
Sep 30, 2023 0.50
Jun 30, 2023 0.51
Mar 31, 2023 0.55
Dec 31, 2022 0.59
Sep 30, 2022 0.59
Jun 30, 2022 0.73
Mar 31, 2022 0.71
Dec 31, 2021 0.76
Sep 30, 2021 0.64
Jun 30, 2021 -0.13
Mar 31, 2021 -0.11