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Q1 '26Q4 '25Q3 '25
Leverage
Debt-to-equity0.8×0.3×1.1×
Debt-to-assets0.5×0.2×0.7×
Per Share
Book value per share$1.70$2.34$0.65
Valuation
Market capitalization$3.59B$4.91B
Enterprise value$4.23B$4.78B
Price / book3.3×4.5×
Earnings yield-18.8%-9.9%

Questions, answered.

Where do Fermi Inc. Common Stock's ratios come from?
Every ratio is computed from Fermi Inc. Common Stock's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.