Affirm Holdings AFRM
NASDAQ AFRM
$71.21 +0.93 (+1.32%)
At close: Sep 18, 2026 · 4:00 PM EDT

Affirm Holdings (AFRM) Debt Ratio (2020 - 2026)

Affirm Holdings (AFRM) posted Debt Ratio of 0.21 for Q2 2026, up 14.74% on a QoQ basis from 0.18 in Q1 2026, and up 45.1% year-over-year from 0.15 in Q2 2025.

Analysis

Affirm Holdings (AFRM) Debt Ratio (2020 - 2026) Analysis & Trends

Affirm Holdings has reported Debt Ratio for 7 years, with the latest figure at 0.21 in Q2 2026.

  • On a quarterly basis, Debt Ratio rose 45.1% year-over-year to 0.21 in Q2 2026; TTM through Jun 2026 was 0.21, a 45.1% increase from a year earlier, with the FY2026 full-year figure at 0.21, up 45.1% from the prior year.
  • Debt Ratio was 0.21 for Q2 2026 at Affirm Holdings, up from 0.18 in the prior quarter.
  • The five-year high for Debt Ratio was 0.39 in Q3 2024, with the low at 0.15 in Q2 2025.
  • Average Debt Ratio over 5 years is 0.26, with a median of 0.24 recorded in 2022.
  • The sharpest annual moves came in 2024 and 2025: Debt Ratio soared 47.82% in 2024, then tumbled 60.6% in 2025.
  • Over 5 years, Debt Ratio stood at 0.24 in 2022, then increased by 25.33% to 0.3 in 2023, then advanced by 25.88% to 0.38 in 2024, then sank by 38.21% to 0.24 in 2025, then declined by 10.23% to 0.21 in 2026.
  • The last three Debt Ratio figures came in at 0.21 (Q2 2026), 0.18 (Q1 2026), and 0.24 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Synchrony Financial 24.38 Bn 8.19 Bn - 0.13
2 Affirm Holdings 24.01 Bn 22.38 Bn - 0.21
3 FirstCash Holdings 9.50 Bn 9.33 Bn 533.67 Mn 0.43
4 Credit Acceptance 6.00 Bn 5.51 Bn 569.30 Mn 0.58
5 Slm 4.72 Bn -77.52 Mn - 0.20
6 Enova International 4.35 Bn 4.22 Bn 568.07 Mn 0.69
7 Bread Financial Holdings 4.20 Bn -15.89 Bn 957.00 Mn 0.15
8 StoneCo 2.99 Bn 1.38 Bn 308.97 Mn -
9 Ezcorp 1.88 Bn 1.57 Bn 246.19 Mn 0.24
10 Navient 1.64 Bn 275.03 Mn - 1.03
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.21
Mar 31, 2026 0.18
Dec 31, 2025 0.24
Sep 30, 2025 0.15
Jun 30, 2025 0.15
Mar 31, 2025 0.39
Dec 31, 2024 0.38
Sep 30, 2024 0.39
Jun 30, 2024 0.19
Mar 31, 2024 0.35
Dec 31, 2023 0.30
Sep 30, 2023 0.29
Jun 30, 2023 0.27
Mar 31, 2023 0.24
Dec 31, 2022 0.24
Sep 30, 2022 0.24
Jun 30, 2022 0.23
Mar 31, 2022 0.21
Dec 31, 2021 0.23
Sep 30, 2021 0.30