Appian (APPN) Debt Ratio (2016 - 2026)
Appian's Debt Ratio was 0.40 in Q2 2026, down 3.1% from 0.42 a year earlier but up 5.4% from the prior quarter.
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Analysis
Appian (APPN) Debt Ratio (2016 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Appian came in at 0.35, down 13.6% from FY2024.
- In earlier years, Debt Ratio was 0.40 in FY2024 (+22.5%), 0.33 in FY2023 (+65.6%) and 0.20 in FY2022.
- Quarterly Debt Ratio has moved between 0.20 (Q4 2022) and 0.46 (Q3 2024) over five years.
- Compared with a year earlier, Debt Ratio has declined for six straight quarters, with growth averaging 0.7% over the last eight quarters.
- The best year-over-year quarter for Debt Ratio over five years was Q4 2023 (growth of 65.6%); the worst was Q4 2025 (a decline of 13.6%).
- Per Business Quant data, APPN's Debt Ratio in the three quarters before Q2 2026 was 0.38 (Q1 2026), 0.35 (Q4 2025) and 0.40 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 467.05 Bn | 436.00 Bn | 1.64 Bn | - |
| 2 | Oracle | 395.01 Bn | 267.14 Bn | - | 0.41 |
| 3 | Sap Se | 264.47 Bn | 192.25 Bn | 8.40 Bn | 0.11 |
| 4 | Salesforce | 196.23 Bn | 152.10 Bn | 8.70 Bn | 0.36 |
| 5 | ServiceNow | 153.06 Bn | 131.52 Bn | 2.82 Bn | 0.24 |
| 6 | Automatic Data Processing | 117.28 Bn | 99.41 Bn | 2.51 Bn | 0.08 |
| 7 | Intuit | 92.25 Bn | 71.60 Bn | 3.44 Bn | 0.21 |
| 8 | Relx | 71.73 Bn | 70.83 Bn | - | 0.16 |
| 9 | Strategy | 50.86 Bn | 43.85 Bn | 81.55 Mn | 0.13 |
| 10 | Appian | 3.18 Bn | 2.42 Bn | 144.74 Mn | 0.40 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.40 |
| Mar 31, 2026 | 0.38 |
| Dec 31, 2025 | 0.35 |
| Sep 30, 2025 | 0.40 |
| Jun 30, 2025 | 0.42 |
| Mar 31, 2025 | 0.42 |
| Dec 31, 2024 | 0.40 |
| Sep 30, 2024 | 0.46 |
| Jun 30, 2024 | 0.46 |
| Mar 31, 2024 | 0.43 |
| Dec 31, 2023 | 0.33 |
| Sep 30, 2023 | 0.35 |
| Jun 30, 2023 | 0.34 |
| Mar 31, 2023 | 0.32 |
| Dec 31, 2022 | 0.20 |
| Dec 31, 2016 | 0.19 |
API Access
Appian Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=APPN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "APPN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=APPN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();