Expion360 (XPON) Debt Ratio (2021 - 2026)

Expion360 (XPON) reported Debt Ratio of 0.03 for Q1 2026, up 4.94% on a YoY basis from 0.02 in Q1 2025, and up 3.07% quarter-over-quarter from 0.02 in Q4 2025.

Expion360 (XPON) Debt Ratio (2021 - 2026) Analysis & Trends

Expion360 has reported Debt Ratio for 6 years, with the latest figure at 0.03 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio rose 4.94% year-over-year to 0.03; the trailing twelve-month figure through Mar 2026 stood at 0.03 (up 4.94% YoY), and the FY2025 full-year result was 0.02, down 3.3% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.03, up from 0.02 in the prior quarter.
  • The five-year high for Debt Ratio was 0.6 in Q3 2024, with the low at 0.0 in Q1 2023.
  • Historically, Debt Ratio has averaged 0.06 across 5 years, with a median of 0.03 in 2024.
  • Annual changes were most pronounced in 2023 — Debt Ratio sank 98.09% — and 2024, when it surged 13940.51%.
  • Expion360's Debt Ratio stood at 0.03 in 2022, then retreated by 4.03% to 0.03 in 2023, then slipped by 13.86% to 0.03 in 2024, then fell by 3.3% to 0.02 in 2025, then gained by 3.07% to 0.03 in 2026.
  • The last three Debt Ratio figures came in at 0.03 (Q1 2026), 0.02 (Q4 2025), and 0.02 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - 0.33
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 0.22
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn -
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 0.22
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 0.31
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 0.22
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn -
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn -
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 0.15
10 Expion360 4.99 Mn 1.89 Mn 396,076.00 0.03

Historic Data

Download Data
DateValue
Mar 31, 2026 0.03
Dec 31, 2025 0.02
Sep 30, 2025 0.02
Jun 30, 2025 0.02
Mar 31, 2025 0.02
Dec 31, 2024 0.03
Sep 30, 2024 0.60
Jun 30, 2024 0.03
Mar 31, 2024 0.03
Dec 31, 2023 0.03
Sep 30, 2023 0.00
Jun 30, 2023 0.00
Mar 31, 2023 0.00
Dec 31, 2022 0.03
Sep 30, 2022 0.03
Jun 30, 2022 0.03
Mar 31, 2022 0.18
Dec 31, 2021 0.20