Expion Energy XPON
NASDAQ XPON
$4.55 +0.11 (+2.48%)
At close: Sep 29, 2026 · 4:00 PM EDT

Expion Energy (XPON) Debt Ratio (2021 - 2026)

Updated

Expion Energy's (XPON) Debt Ratio was 0.03 for Q2 2026, up 2.5% from 0.02 a year earlier and up 1.0% from the prior quarter.

Analysis

Expion Energy (XPON) Debt Ratio (2021 - 2026) Analysis & Trends

For FY2025, Debt Ratio at Expion Energy was 0.02, down 3.3% from FY2024.

  • Debt Ratio has declined for four consecutive years.
  • By year, Debt Ratio came in at 0.03 in FY2024 (-13.9%), 0.03 in FY2023 (-51.5%), 0.06 in FY2022 (-72.4%) and 0.22 in FY2021.
  • The Q2 2026 figure ranks as the highest quarterly Debt Ratio since Q2 2024.
  • Year over year, Debt Ratio gained in two of the last eight quarters, with an average decline of 13.2%.
  • The high point for year-over-year Debt Ratio in five years was Q2 2024 (growth of 116.4%); the low point was Q1 2023 (a decline of 77.4%).
  • Per Business Quant data, the three quarters before Q2 2026 came in at 0.03 (Q1 2026), 0.02 (Q4 2025) and 0.02 (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 GE Vernova 252.94 Bn 214.01 Bn 2.36 Bn 0.03
2 Bloom Energy 77.11 Bn 68.94 Bn 355.57 Mn 0.00
3 First Solar 18.59 Bn 9.54 Bn 605.00 Mn 0.00
4 BWX Technologies 12.31 Bn 10.61 Bn 202.31 Mn 0.46
5 Generac Holdings 12.11 Bn 10.94 Bn 521.81 Mn 0.23
6 Nextpower 12.00 Bn 7.89 Bn 335.85 Mn -
7 EnerSys 6.46 Bn 4.66 Bn 313.36 Mn 0.26
8 Enphase Energy 4.08 Bn -774.96 Mn 175.01 Mn 0.20
9 Mirion Technologies 3.51 Bn 1.40 Bn 133.10 Mn 0.13
10 Expion Energy 4.23 Mn -7.67 Mn 658,266.00 0.03
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.03
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 0.02
Jun 30, 2024 0.03
Mar 31, 2024 0.03
Dec 31, 2023 0.03
Sep 30, 2023 0.06
Jun 30, 2023 0.01
Mar 31, 2023 0.04
Dec 31, 2022 0.06
Sep 30, 2022 0.03
Jun 30, 2022 0.03
Mar 31, 2022 0.19
Dec 31, 2021 0.22
API Access

Expion Energy Debt Ratio API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=debt-ratio&ticker=XPON&period=max&api_key=YOUR_API_KEY