Energy Focus annual debt-to-equity ratio
2010
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2021
2023
2024
2025
Energy Focus Debt-to-Equity Ratio Growth & History (EFOI)
Energy Focus's debt-to-equity ratio was 0.05 for fiscal 2025.
View full Energy Focus company overviewEnergy Focus annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.05 | −0.08 | −60.83% |
| 2024 | 2024-12-31 | 0.13 | −0.78 | −85.28% |
| 2023 | 2023-12-31 | 0.92 | — | — |
| 2021 | 2021-12-31 | 0.06 | −0.16 | −73.78% |
| 2020 | 2020-12-31 | 0.22 | −0.58 | −72.88% |
| 2019 | 2019-12-31 | 0.80 | 0.70 | +701.07% |
| 2018 | 2018-12-31 | 0.10 | 0.01 | +12.95% |
| 2017 | 2017-12-31 | 0.09 | 0.09 | — |
| 2016 | 2016-12-31 | 0.00 | 0.00 | — |
| 2015 | 2015-12-31 | 0.00 | −0.10 | — |
| 2014 | 2014-12-31 | 0.10 | −1.29 | −92.58% |
| 2013 | 2013-12-31 | 1.39 | −1.70 | −54.95% |
| 2012 | 2012-12-31 | 3.09 | 1.86 | +150.59% |
| 2011 | 2011-12-31 | 1.23 | 0.96 | +349.81% |
| 2010 | 2010-12-31 | 0.27 | — | — |
Energy Focus quarterly debt-to-equity ratio
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Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q2.13
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
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Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
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Q4.20
Q1.21
Q2.21
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Q4.21
Q1.22
Q2.22
Q3.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.32 | 0.20 | +174.10% |
| Q1 2026 | 2026-03-31 | 0.05 | −0.08 | −63.29% |
| Q4 2025 | 2025-12-31 | 0.05 | −0.08 | −60.83% |
| Q3 2025 | 2025-09-30 | 0.09 | −0.04 | −32.61% |
| Q2 2025 | 2025-06-30 | 0.12 | −0.14 | −55.38% |
| Q1 2025 | 2025-03-31 | 0.13 | −0.17 | −57.70% |
| Q4 2024 | 2024-12-31 | 0.13 | −0.78 | −85.28% |
| Q3 2024 | 2024-09-30 | 0.14 | −0.14 | −50.12% |
| Q2 2024 | 2024-06-30 | 0.26 | −0.10 | −28.43% |
| Q1 2024 | 2024-03-31 | 0.30 | −0.10 | −24.83% |
| Q4 2023 | 2023-12-31 | 0.92 | — | — |
| Q3 2023 | 2023-09-30 | 0.28 | −0.57 | −67.46% |
| Q2 2023 | 2023-06-30 | 0.36 | 0.05 | +15.32% |
| Q1 2023 | 2023-03-31 | 0.40 | −0.01 | −3.35% |
| Q3 2022 | 2022-09-30 | 0.85 | 0.73 | +653.89% |
| Q2 2022 | 2022-06-30 | 0.31 | 0.20 | +168.46% |
| Q1 2022 | 2022-03-31 | 0.41 | 0.17 | +72.75% |
| Q4 2021 | 2021-12-31 | 0.06 | −0.16 | −73.78% |
| Q3 2021 | 2021-09-30 | 0.11 | −0.39 | −77.40% |
| Q2 2021 | 2021-06-30 | 0.12 | −0.59 | −83.32% |
| Q1 2021 | 2021-03-31 | 0.24 | 0.01 | +4.77% |
| Q4 2020 | 2020-12-31 | 0.22 | −0.58 | −72.88% |
| Q3 2020 | 2020-09-30 | 0.50 | −0.14 | −21.49% |
| Q2 2020 | 2020-06-30 | 0.70 | 0.14 | +25.40% |
| Q1 2020 | 2020-03-31 | 0.23 | −0.19 | −45.54% |
| Q4 2019 | 2019-12-31 | 0.80 | 0.70 | +701.07% |
| Q3 2019 | 2019-09-30 | 0.63 | 0.63 | — |
| Q2 2019 | 2019-06-30 | 0.56 | 0.56 | — |
| Q1 2019 | 2019-03-31 | 0.42 | 0.42 | — |
| Q4 2018 | 2018-12-31 | 0.10 | 0.01 | +12.95% |
| Q3 2018 | 2018-09-30 | 0.00 | −0.09 | — |
| Q2 2018 | 2018-06-30 | 0.00 | −0.10 | — |
| Q1 2018 | 2018-03-31 | 0.00 | 0.00 | — |
| Q4 2017 | 2017-12-31 | 0.09 | 0.09 | — |
| Q3 2017 | 2017-09-30 | 0.09 | 0.09 | — |
| Q2 2017 | 2017-06-30 | 0.10 | 0.10 | — |
| Q1 2017 | 2017-03-31 | 0.00 | 0.00 | — |
| Q4 2016 | 2016-12-31 | 0.00 | 0.00 | — |
| Q3 2016 | 2016-09-30 | 0.00 | −0.00 | — |
| Q2 2016 | 2016-06-30 | 0.00 | −0.00 | — |
| Q1 2016 | 2016-03-31 | 0.00 | −0.01 | — |
| Q4 2015 | 2015-12-31 | 0.00 | −0.10 | — |
| Q3 2015 | 2015-09-30 | 0.00 | −0.02 | −93.31% |
| Q2 2015 | 2015-06-30 | 0.00 | −0.04 | −90.85% |
| Q1 2015 | 2015-03-31 | 0.01 | −0.05 | −90.50% |
| Q4 2014 | 2014-12-31 | 0.10 | −1.29 | −92.58% |
| Q3 2014 | 2014-09-30 | 0.02 | −205.21 | −99.99% |
| Q2 2014 | 2014-06-30 | 0.05 | −3.34 | −98.58% |
| Q1 2014 | 2014-03-31 | 0.05 | — | — |
| Q4 2013 | 2013-12-31 | 1.39 | −1.70 | −54.95% |
| Q3 2013 | 2013-09-30 | 205.24 | 204.86 | +54511.52% |
| Q2 2013 | 2013-06-30 | 3.39 | 3.11 | +1102.11% |
| Q4 2012 | 2012-12-31 | 3.09 | 1.86 | +150.59% |
| Q3 2012 | 2012-09-30 | 0.38 | −0.88 | −70.11% |
| Q2 2012 | 2012-06-30 | 0.28 | −0.39 | −57.96% |
| Q1 2012 | 2012-03-31 | 0.23 | — | — |
| Q4 2011 | 2011-12-31 | 1.23 | 0.96 | +349.81% |
| Q3 2011 | 2011-09-30 | 1.26 | — | — |
| Q2 2011 | 2011-06-30 | 0.67 | — | — |
| Q4 2010 | 2010-12-31 | 0.27 | — | — |
Energy Focus debt-to-equity ratio trends
Over the last five fiscal years, Energy Focus's debt-to-equity ratio decreased from 0.22 to 0.05, a change of −0.16. The latest reported quarter, Q2 2026, shows 0.32.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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