Expion360 (XPON) Debt to Equity (2021 - 2026)
Expion360 (XPON) reported Debt to Equity of $0.03 for Q1 2026, down 54.82% on a YoY basis from $0.07 in Q1 2025, and up 3.89% quarter-over-quarter from $0.03 in Q4 2025.
Expion360 (XPON) Debt to Equity (2021 - 2026) Analysis & Trends
Expion360 has reported Debt to Equity for 6 years, with the latest figure at $0.03 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity fell 54.82% year-over-year to $0.03; the trailing twelve-month figure through Mar 2026 stood at $0.03 (down 54.82% YoY), and the FY2025 full-year result was $0.03, down 66.98% from the prior year.
- Debt to Equity for Q1 2026 stood at $0.03, up from $0.03 in the prior quarter.
- The five-year high for Debt to Equity was $2.39 in Q3 2024, with the low at $0.01 in Q1 2023.
- Historically, Debt to Equity has averaged $0.24 across 5 years, with a median of $0.04 in 2022.
- Annual changes were most pronounced in 2023 — Debt to Equity sank 99.45% — and 2024, when it jumped 32566.26%.
- Expion360's Debt to Equity stood at $0.04 in 2022, then surged by 48.45% to $0.07 in 2023, then jumped by 39.99% to $0.09 in 2024, then plunged by 66.98% to $0.03 in 2025, then increased by 3.89% to $0.03 in 2026.
- The last three Debt to Equity figures came in at $0.03 (Q1 2026), $0.03 (Q4 2025), and $0.02 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | 0.58 |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 0.69 |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | - |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 0.41 |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 0.68 |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 0.41 |
| 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 | 0.25 |
| 10 | Expion360 | 4.99 Mn | 1.89 Mn | 396,076.00 | 0.03 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.03 |
| Dec 31, 2025 | 0.03 |
| Sep 30, 2025 | 0.02 |
| Jun 30, 2025 | 0.10 |
| Mar 31, 2025 | 0.07 |
| Dec 31, 2024 | 0.09 |
| Sep 30, 2024 | 2.39 |
| Jun 30, 2024 | 0.10 |
| Mar 31, 2024 | 0.07 |
| Dec 31, 2023 | 0.07 |
| Sep 30, 2023 | 0.01 |
| Jun 30, 2023 | 0.01 |
| Mar 31, 2023 | 0.01 |
| Dec 31, 2022 | 0.04 |
| Sep 30, 2022 | 0.04 |
| Jun 30, 2022 | 0.04 |
| Mar 31, 2022 | 0.98 |
| Dec 31, 2021 | 0.59 |