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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Affirm Holdings (AFRM) Debt to Equity (2020 - 2026)

Affirm Holdings' Debt to Equity history spans 7 years, with the latest figure at $0.64 for Q1 2026.

  • Quarterly Debt to Equity fell 3.75% to $0.64 in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $0.64 through Mar 2026, down 3.75% year-over-year, with the annual reading at $0.53 for FY2025, 21.36% down from the prior year.
  • Debt to Equity came in at $0.64 for Q1 2026, down from $0.86 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $1.41 in Q3 2024 to a low of $0.26 in Q2 2022.
  • The 5-year median for Debt to Equity is $0.7 (2023), against an average of $0.75.
  • Year-over-year, Debt to Equity surged 186.58% in 2022 and then tumbled 61.66% in 2025.
  • Affirm Holdings' Debt to Equity stood at $0.75 in 2022, then surged by 38.68% to $1.04 in 2023, then fell by 25.21% to $0.78 in 2024, then grew by 10.43% to $0.86 in 2025, then dropped by 25.61% to $0.64 in 2026.
  • Per Business Quant, the three most recent readings for AFRM's Debt to Equity are $0.64 (Q1 2026), $0.86 (Q4 2025), and $0.54 (Q3 2025).