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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |