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Energy Vault HoldingsNRGV +1.32%49 Debt-to-Equity is 35.53 as of Jun. 2026, which is 355200% above its 10-year median of 0.01. GuruFocus rates NRGV with a GF Score™ of 49/100 and a GF Value™ of $3.38 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 398 Utilities - Independent Power Producers companies, Energy Vault Holdings ranks worse than 100% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Energy Vault Holdings's Debt-to-Equity or its related term are showing as below:
NRGV'
s Debt-to-Equity Range Over the Past 10 Years
Min: -0.12 Med: 0.01 Max: 35.53
Current: 35.53
During the past 7 years, the highest Debt-to-Equity Ratio of Energy Vault Holdings was 35.53. The lowest was -0.12. And the median was 0.01.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Energy Vault Holdings Debt-to-Equity Related Terms
Energy Vault Holdings Debt-to-Equity Historical Data
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The historical data trend for Energy Vault Holdings's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NRGV vs ELLO, XIFR, SAFX: Debt-to-Equity Comparison
For the Utilities - Renewable subindustry, Energy Vault Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Energy Vault Holdings Debt-to-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Energy Vault Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Energy Vault Holdings's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Energy Vault Holdings (NRGV) has a Debt-to-Equity of 35.53 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Energy Vault Holdings and its competitors. This is 355200% above median its historical median of 0.01. According to the industry distribution chart, Energy Vault Holdings ranks #398 out of 398 companies in the Utilities - Independent Power Producers industry.
Is Energy Vault Holdings' Debt-to-Equity too high?
Energy Vault Holdings' current Debt-to-Equity of 35.53 is 355200% above median its 10-year median of 0.01. The Utilities - Independent Power Producers industry median Debt-to-Equity is 0.84. Energy Vault Holdings' value of 35.53 is 4129.8% above this industry median. Based on the distribution chart, Energy Vault Holdings ranks #398 out of 398 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Energy Vault Holdings has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Energy Vault Holdings' Debt-to-Equity compare to ELLO and XIFR?
According to the Utilities - Independent Power Producers industry distribution chart, Energy Vault Holdings ranks #398 out of 398 companies for Debt-to-Equity. This places Energy Vault Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.84. Energy Vault Holdings' value of 35.53 is 4129.8% above this benchmark. While the company's 10-year median is 0.01 vs. the industry median of 0.84, Energy Vault Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Utilities - Independent Power Producers company?
The median Debt-to-Equity among Utilities - Independent Power Producers companies is 0.84, based on 398 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Energy Vault Holdings's current Debt-to-Equity of 35.53 is 4129.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Energy Vault Holdings and its competitors. For the Utilities - Independent Power Producers industry, the median Debt-to-Equity is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energy Vault Holdings's current Debt-to-Equity is 35.53, which is 355200% above median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energy Vault Holdings stock overvalued right now?
Based on GuruFocus' analysis, Energy Vault Holdings (NRGV) is currently considered Modestly Overvalued. The stock's GF Value™ is $3.38, compared to a current price of $3.84 — trading 13.6% above its estimated fair value. The current Debt-to-Equity is 35.53, which is 355200% above median its 10-year median of 0.01 and 4129.8% above the Utilities - Independent Power Producers industry median of 0.84. Energy Vault Holdings' overall GF Score™ is 49/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Energy Vault Holdings (NRGV), the current Debt-to-Equity is 35.53 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Energy Vault Holdings (NRGV) Overvalued in 2026?
Based on GuruFocus' analysis, Energy Vault Holdings stock appears to be overvalued.
The current stock price of $3.84 is trading 13.6% above its estimated GF Value™ of $3.38.
GuruFocus considers Energy Vault Holdings to be Modestly Overvalued.
Key valuation signals for NRGV:
Debt-to-Equity: 35.53 (355200% above median its 10-year median of 0.01)
GF Value™: $3.38 vs. price of $3.84 (13.6% above fair value)
Industry Position: 4129.8% above the Utilities - Independent Power Producers median (#398 of 398)
No single metric tells the full story. See the NRGV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Energy Vault Holdings Inc is a diversified portfolio of energy storage solutions to third parties, including proprietary gravity, battery, and green hydrogen-based technologies, supported by technology-agnostic energy management software and integration capabilities. Geographical presence in the United States, Australia, and other countries. The majority of its revenue comes from Australia.
49GF Score
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