Xpeng (XPEV) Debt to Equity (2019 - 2025)

Xpeng (XPEV) posted quarterly Debt to Equity of $0.32 for Q1 2026, up 69.85% YoY from $0.19 in Q1 2025, and up 42.81% sequentially from $0.23 in Q4 2025.

Xpeng (XPEV) Debt to Equity (2019 - 2025) Analysis & Trends

Xpeng has disclosed Debt to Equity across 8 years of filings, most recently posting $0.32 for Q1 2026.

  • In Q1 2026, Debt to Equity rose 69.85% year-over-year to $0.32; the TTM figure through Mar 2026 stood at $0.32 (up 69.85% YoY), while the FY2025 annual figure was $0.22, up 19.61% from the prior year.
  • Debt to Equity climbed to $0.32 in Q1 2026, from $0.23 in the prior quarter.
  • Over the last five years, Debt to Equity for XPEV reached as high as $0.32 in Q1 2026 and fell as low as $0.07 in Q1 2022.
  • The 5-year median for Debt to Equity is $0.19 (2025), against an average of $0.19.
  • Annual changes were most pronounced in 2022 — Debt to Equity soared 266.39% — and 2025, when it fell 19.99%.
  • A 5-year view of Debt to Equity shows it stood at $0.15 in 2022, then surged by 80.33% to $0.26 in 2023, then dropped by 8.4% to $0.24 in 2024, then retreated by 5.96% to $0.23 in 2025, then soared by 42.81% to $0.32 in 2026.
  • According to Business Quant data, Debt to Equity over the past three periods registered $0.32, $0.23, and $0.21 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Tesla 1,375.42 Bn 1,330.73 Bn 4.72 Bn 0.02
2 Ford Motor 78.30 Bn 47.85 Bn 7.94 Bn 1.70
3 General Motors 68.82 Bn 46.43 Bn 4.32 Bn 1.52
4 Xpeng 40.80 Bn 38.26 Bn 388.90 Mn -
5 Rivian Automotive 21.46 Bn 16.65 Bn 119.00 Mn 1.00
6 Li Auto 12.40 Bn -965.30 Mn 262.11 Mn -
7 Nio 12.31 Bn 9.20 Bn 704.43 Mn -
8 VinFast Auto 7.23 Bn 91,500.01 Bn -17,004.89 Bn -0.44
9 Lucid 2.18 Bn 1.48 Bn -311.71 Mn -7.84
10 China Yuchai International 1.74 Bn 678.93 Mn 317.01 Mn 0.21

Historic Data

Download Data
DateValue
Dec 31, 2025 0.23
Dec 31, 2024 0.24
Dec 31, 2023 0.26
Dec 31, 2022 0.15
Dec 31, 2021 0.04
Dec 31, 2020 0.05
Dec 31, 2019 -0.25