Fervo Energy Company Class A common stock (FRVO) - Net Assets

Latest as of March 2026: $927.93 Million USD

Based on the latest financial reports, Fervo Energy Company Class A common stock (FRVO) has net assets worth $927.93 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.43 Billion) and total liabilities ($499.58 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. See net asset quality index of Fervo Energy Company Class A common stoc to measure how much of total assets are equity-financed.

Key Net Assets Metrics

Metric Value
Current Net Assets $927.93 Million
% of Total Assets 65.0%
Annual Growth Rate N/A
5-Year Change N/A
10-Year Change N/A
Growth Volatility N/A

Fervo Energy Company Class A common stock - Net Assets Trend (2024–2025)

This chart illustrates how Fervo Energy Company Class A common stock's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Fervo Energy Company Class A common stoc stock valuation.

Annual Net Assets for Fervo Energy Company Class A common stock (2024–2025)

The table below shows the annual net assets of Fervo Energy Company Class A common stock from 2024 to 2025. Also explore FRVO year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Year Net Assets Change
2025-12-31 $-66.57 Million +62.43%
2024-12-31 $-177.19 Million --

Equity Component Analysis

This analysis shows how different components contribute to Fervo Energy Company Class A common stock's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 6476100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Common Stock $1.00K %
Total Equity $-246.50 Million 100.00%

Fervo Energy Company Class A common stock Competitors by Market Cap

The table below lists competitors of Fervo Energy Company Class A common stock ranked by their market capitalization.

Company Market Cap
1&1 AG
XETRA:1U1
$4.35 Billion
Hangcha Group Co Ltd
SHG:603298
$4.35 Billion
Anhui Yingjia Distillery Co Ltd
SHG:603198
$4.35 Billion
Zhejiang Jiemei Electronic and Technology Co Ltd
SHE:002859
$4.36 Billion
KBR Inc
NYSE:KBR
$4.35 Billion
Brunswick Corporation
NYSE:BC
$4.35 Billion
EPR Properties
NYSE:EPR
$4.35 Billion
Beijing Roborock Technology Co Ltd
SHG:688169
$4.35 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Fervo Energy Company Class A common stock's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from -177,195,000 to -246,498,000, a change of -69,303,000.
  • Net loss of 70,515,000 reduced equity.
  • Share repurchases of 1,943,000 reduced equity.
  • New share issuances of 630,668,000 increased equity.
  • Other factors decreased equity by 627,513,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income $-70.52 Million -28.61%
Share Repurchases $1.94 Million -0.79%
Share Issuances $630.67 Million +255.85%
Other Changes $-627.51 Million -254.57%
Total Change $- %

Book Value vs Market Value Analysis

This analysis compares Fervo Energy Company Class A common stock's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2024-12-31 $-0.60 $15.18 x
2025-12-31 $-0.87 $15.18 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Fervo Energy Company Class A common stock utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 0.00%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -51097.83%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 0.00x
  • Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2024 0.00% -20658.29% 0.00x 0.00x $-23.39 Million
2025 0.00% -51097.83% 0.00x 0.00x $-45.87 Million

Industry Comparison

This section compares Fervo Energy Company Class A common stock's net assets metrics with peer companies in the Utilities - Renewable industry.

Industry Context

  • Industry: Utilities - Renewable
  • Average net assets among peers: $34,166,124,602
  • Average return on equity (ROE) among peers: -353.59%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Fervo Energy Company Class A common stock (FRVO) $927.93 Million 0.00% 0.54x $4.35 Billion
AXIA Energia (AXIA) $77.22 Billion 5.28% 0.81x $3.50 Billion
AXIA Energia SA (AXIA-PC) $111.03 Billion 3.27% 1.43x $21.51 Billion
Brookfield Renewable Corp (BEPC) $12.65 Billion -18.52% 4.01x $4.30 Billion
Bimergen Energy Corporation (BESS) $48.96K -3293.38% 22.70x $16.62 Million
BrenX Ltd. (BRNX) $4.62 Million -239.55% 1.70x $4.22 Million
Smart Powerr Corp (CREG) $13.17 Million 13.75% 0.14x $4.13 Million
Clearway Energy Inc Class C (CWEN) $2.22 Billion 2.16% 2.82x $2.57 Billion
Clearway Energy Inc (CWEN-A) $1.53 Billion 0.85% 0.23x $1.40 Billion
Centrais Electricas Brasileiras SA (EBR) $60.69 Billion -10.02% 1.28x $18.99 Billion
Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR-B) $76.30 Billion 0.22% 0.75x $2.77 Billion

About Fervo Energy Company Class A common stock

NASDAQ:FRVO USA Utilities - Renewable
Market Cap
$4.35 Billion
Market Cap Rank
#3903 Global
#1350 in USA
Share Price
$15.18
Change (1 day)
-9.16%
52-Week Range
$14.77 - $42.50
All Time High
$42.50
About

Fervo Energy Company builds, owns, and operates geothermal power facilities in the United States. Fervo Energy Company was incorporated in 2017 and is headquartered in Houston, Texas.