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X-EnergyXE +8.63%12 Debt-to-Equity is 0.02 as of Dec. 2025. GuruFocus rates XE with a GF Score™ of 12/100. The stock has 4 warning signs investors should review. Among 2,675 Industrial Products companies, X-Energy ranks better than 93.61% 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 X-Energy's Debt-to-Equity or its related term are showing as below:
XE'
s Debt-to-Equity Range Over the Past 10 Years
Min: -0.41 Med: -0.09 Max: 0.02
Current: 0.02
During the past 4 years, the highest Debt-to-Equity Ratio of X-Energy was 0.02. The lowest was -0.41. And the median was -0.09.
XE's Debt-to-Equity is ranked better than 93.61% of 2675
companies
in the Industrial Products industry
Industry Median: 0.28
vs XE: 0.02
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.
X-Energy Debt-to-Equity Related Terms
X-Energy Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for X-Energy'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.
X-Energy Debt-to-Equity Chart
X-Energy Annual Data
Trend
Dec21
Dec22
Dec24
Dec25
Debt-to-Equity
-0.13
-0.41
-0.04
0.02
X-Energy Semi-Annual Data
Dec21
Dec22
Dec24
Dec25
Debt-to-Equity
-0.13
-0.41
-0.04
0.02
XE vs MIR, MWA, FELE: Debt-to-Equity Comparison
For the Specialty Industrial Machinery subindustry, X-Energy'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.
X-Energy Debt-to-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, X-Energy's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where X-Energy'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.
X-Energy (XE) has a Debt-to-Equity of 0.02 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on X-Energy and its competitors. According to the industry distribution chart, X-Energy ranks #171 out of 2675 companies in the Industrial Products industry, placing it in the top 6.4%.
Is X-Energy's Debt-to-Equity too high?
X-Energy's current Debt-to-Equity is 0.02. The Industrial Products industry median Debt-to-Equity is 0.28. X-Energy's value of 0.02 is 92.9% below this industry median. Based on the distribution chart, X-Energy ranks #171 out of 2675 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, X-Energy has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does X-Energy's Debt-to-Equity compare to MIR and MWA?
According to the Industrial Products industry distribution chart, X-Energy ranks #171 out of 2675 companies for Debt-to-Equity. This places X-Energy in the top 6% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.28. X-Energy's value of 0.02 is 92.9% below this benchmark. 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 Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.28, based on 2,675 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. X-Energy's current Debt-to-Equity of 0.02 is 92.9% below 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 X-Energy and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. X-Energy's current Debt-to-Equity is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is X-Energy stock overvalued right now?
X-Energy (XE) has a current Debt-to-Equity of 0.02. The current Debt-to-Equity is 0.02 and 92.9% below the Industrial Products industry median of 0.28. X-Energy's overall GF Score™ is 12/100 with 4 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 X-Energy (XE), the current Debt-to-Equity is 0.02 as of Dec. 2025. 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.
X-Energy Inc is a leading developer of advanced SMR and fuel technology for clean energy generation. It is seeking to redefine the nuclear energy industry through its flagship product, the Xe-100, an advanced small modular HTGR designed to generate up to 80 megawatts of electric power and/or up to 200 megawatts of thermal output, depending on the configuration. X-energy's simple and intrinsically safe advanced SMR designs, like the Xe-100, significantly expand the applications and markets for nuclear technology with enhanced safety, lower cost and faster construction timelines when compared with conventional nuclear energy sources and broader use cases when compared with other SMRs.
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