Xpeng (XPEV) Equity Ratio (2019 - 2025)
Xpeng (XPEV) reported Equity Ratio of 0.29 for Q4 2025, down 22.15% year-over-year from 0.38 in Q4 2024, and down 22.15% on a QoQ basis from 0.38 in Q4 2024.
Xpeng (XPEV) has 7 years of Equity Ratio data on file, last reported at 0.29 in Q4 2025.
- Quarterly Equity Ratio fell 22.15% year-over-year to 0.29 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.29 (down 22.15% YoY) and the FY2025 annual result came in at 0.29, down 22.15% from the prior year.
- Equity Ratio retreated to 0.29 in Q4 2025 per XPEV's latest filing, from 0.38 in the prior quarter.
- Across five years, Equity Ratio topped out at 0.64 in Q4 2021 and bottomed at 0.29 in Q4 2025.
- The 5-year median for Equity Ratio is 0.43 (2023), against an average of 0.45.
- The widest annual swing landed in 2024, when Equity Ratio slipped 12.4%; it then fell 22.15% in 2025.
- Tracing XPEV's Equity Ratio over 5 years: stood at 0.64 in 2021, then decreased by 19.58% to 0.52 in 2022, then fell by 16.4% to 0.43 in 2023, then decreased by 12.4% to 0.38 in 2024, then slipped by 22.15% to 0.29 in 2025.
- Per Business Quant, the three latest XPEV Equity Ratio figures stand at 0.29 (Q4 2025), 0.38 (Q4 2024), and 0.43 (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,345.47 Bn | 1,300.79 Bn | 4.72 Bn | 0.59 |
| 2 | General Motors | 75.49 Bn | 53.10 Bn | 4.32 Bn | 0.22 |
| 3 | Ferrari | 72.44 Bn | 70.64 Bn | - | 0.41 |
| 4 | Ford Motor | 66.63 Bn | 36.17 Bn | 7.94 Bn | 0.13 |
| 5 | Stellantis | 29.57 Bn | -7.31 Bn | 5.19 Bn | 0.29 |
| 6 | Rivian Automotive | 21.06 Bn | 16.25 Bn | 119.00 Mn | 0.31 |
| 7 | China Yuchai International | 16.90 Bn | 15.88 Bn | 317.01 Mn | 0.30 |
| 8 | VinFast Auto | 8.12 Bn | 11.12 Bn | - | -0.95 |
| 9 | Xpeng | 4.61 Bn | 1.71 Bn | - | 0.29 |
| 10 | Li Auto | 4.13 Bn | -4.66 Bn | 733.67 Mn | 0.47 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.29 |
| Dec 31, 2024 | 0.38 |
| Dec 31, 2023 | 0.43 |
| Dec 31, 2022 | 0.52 |
| Dec 31, 2021 | 0.64 |
| Dec 31, 2020 | 0.77 |
| Dec 31, 2019 | -0.74 |