Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Firefly AerospaceFLY -4.08%12 Equity-to-Asset is 0.75 as of Jun. 2026. GuruFocus rates FLY with a GF Score™ of 12/100. The stock has 2 warning signs investors should review. Among 361 Aerospace & Defense companies, Firefly Aerospace ranks better than 80.33% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Firefly Aerospace's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $1,222.9 Mil. Firefly Aerospace's Total Assets for the quarter that ended in Jun. 2026 was $1,639.2 Mil.
Therefore, Firefly Aerospace's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.75.
The historical rank and industry rank for Firefly Aerospace's Equity-to-Asset or its related term are showing as below:
FLY'
s Equity-to-Asset Range Over the Past 10 Years
Min: -1.97 Med: -0.46 Max: 0.76
Current: 0.75
During the past 3 years, the highest Equity to Asset Ratio of Firefly Aerospace was 0.76. The lowest was -1.97. And the median was -0.46.
FLY's Equity-to-Asset is ranked better than 80.33% of 361
companies
in the Aerospace & Defense industry
Industry Median: 0.51
vs FLY: 0.75
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Firefly Aerospace Equity-to-Asset Related Terms
Firefly Aerospace Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Firefly Aerospace's Equity-to-Asset 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.
FLY vs AADX, ATRO, ACHR: Equity-to-Asset Comparison
For the Aerospace & Defense subindustry, Firefly Aerospace's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.
Firefly Aerospace Equity-to-Asset vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Firefly Aerospace's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Firefly Aerospace's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Firefly Aerospace's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Firefly Aerospace (FLY) has a Equity-to-Asset of 0.75 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Firefly Aerospace and its competitors. According to the industry distribution chart, Firefly Aerospace ranks #71 out of 361 companies in the Aerospace & Defense industry, placing it in the top 19.7%.
Is Firefly Aerospace's Equity-to-Asset too high?
Firefly Aerospace's current Equity-to-Asset is 0.75. The Aerospace & Defense industry median Equity-to-Asset is 0.51. Firefly Aerospace's value of 0.75 is 47.1% above this industry median. Based on the distribution chart, Firefly Aerospace ranks #71 out of 361 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Firefly Aerospace has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Firefly Aerospace's Equity-to-Asset compare to AADX and ATRO?
According to the Aerospace & Defense industry distribution chart, Firefly Aerospace ranks #71 out of 361 companies for Equity-to-Asset. This places Firefly Aerospace in the top 20% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.51. Firefly Aerospace's value of 0.75 is 47.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Aerospace & Defense company?
The median Equity-to-Asset among Aerospace & Defense companies is 0.51, based on 361 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Firefly Aerospace's current Equity-to-Asset of 0.75 is 47.1% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Firefly Aerospace and its competitors. For the Aerospace & Defense industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Firefly Aerospace's current Equity-to-Asset is 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Firefly Aerospace stock overvalued right now?
Firefly Aerospace (FLY) has a current Equity-to-Asset of 0.75. The current Equity-to-Asset is 0.75 and 47.1% above the Aerospace & Defense industry median of 0.51. Firefly Aerospace's overall GF Score™ is 12/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Firefly Aerospace (FLY), the current Equity-to-Asset is 0.75 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.
Firefly Aerospace Inc is a space and defense technology company with an established track record of success providing comprehensive mission solutions to national security, government, and commercial customers. The company develops and provides space and defense technologies, including launch vehicles and spacecraft systems, supporting launch, transit, and in-orbit operations for government, commercial, and national security customers. It has only one operating segment. The majority of the company's revenue is derived from Spacecraft Solutions.
12GF Score
Get the complete analysis for FLY
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FLY has been successfully added to your 
