Growth Metrics

Armata Pharmaceuticals (ARMP) Debt to Equity (2018 - 2026)

Quarterly results put Debt to Equity at -$0.28 for Q1 2026, up 45.17% from a year ago — trailing twelve months through Mar 2026 was -$0.28 (up 45.17% YoY), and the annual figure for FY2025 was -$0.47, changed 0.45%.

Armata Pharmaceuticals has reported Debt to Equity over the past 7 years, most recently at -$0.28 for Q1 2026.

  • Debt to Equity reached -$0.28 in Q1 2026 per ARMP's latest filing, up from -$0.47 in the prior quarter.
  • Across five years, Debt to Equity topped out at -$0.28 in Q1 2026 and bottomed at -$1.89 in Q1 2024.
  • Median Debt to Equity over the past 4 years was -$0.66 (2025), compared with a mean of -$0.83.
  • Peak annual rise in Debt to Equity hit 72.81% in 2025, while the deepest fall reached 0.45% in 2025.
  • Over 4 years, Debt to Equity stood at -$0.74 in 2023, then soared by 36.43% to -$0.47 in 2024, then fell by 0.45% to -$0.47 in 2025, then skyrocketed by 40.11% to -$0.28 in 2026.
  • Business Quant data shows Debt to Equity for ARMP at -$0.28 in Q1 2026, -$0.47 in Q4 2025, and -$0.66 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Quantum Biopharma 1,384,976.65 Bn 1,384,976.64 Bn - -
2 Alterity Therapeutics 777,208.84 Bn 777,208.81 Bn - -
3 Legend Biotech 2,801.00 Bn 2,800.10 Bn 242.10 Mn -
4 Nanobiotix 2,226.01 Bn 2,225.95 Bn - -
5 Akari Therapeutics 605.66 Bn 605.66 Bn - -
6 Vertex Pharmaceuticals 110.17 Bn 102.92 Bn 2.59 Bn -
7 Regeneron Pharmaceuticals 66.86 Bn 58.11 Bn 3.31 Bn 0.06
8 Evaxion A 65.12 Bn 65.10 Bn - -
9 Alnylam Pharmaceuticals 39.94 Bn 36.94 Bn 959.66 Mn -
10 Armata Pharmaceuticals 301.92 Mn 297.17 Mn - -0.28

Historic Data

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DateValue
Mar 31, 2026 -0.28
Dec 31, 2025 -0.47
Sep 30, 2025 -0.66
Jun 30, 2025 -0.48
Mar 31, 2025 -0.51
Dec 31, 2024 -0.47
Sep 30, 2024 -0.81
Jun 30, 2024 -1.05
Mar 31, 2024 -1.89
Dec 31, 2023 -0.74
Sep 30, 2023 -1.80
Dec 31, 2020 0.10
Sep 30, 2020 0.07
Jun 30, 2020 0.05
Mar 31, 2020 0.04
Dec 31, 2019 0.07
Sep 30, 2019 0.05
Jun 30, 2019 0.03
Dec 31, 2018 0.13