Astrazeneca (AZN) Debt to Equity (2015 - 2025)

Astrazeneca (AZN) recorded quarterly Debt to Equity of -$0.44 in Q4 2025, down 162.86% quarter-over-quarter from $0.71 in Q4 2024, and down 162.86% on a YoY basis from $0.71 in Q4 2024.

Astrazeneca (AZN) Debt to Equity (2015 - 2025) Analysis & Trends

Astrazeneca's Debt to Equity history runs 11 years deep, the most recent figure standing at -$0.44 for Q4 2025.

  • In Q4 2025, Debt to Equity fell 162.86% year-over-year to -$0.44; the TTM figure through Dec 2025 stood at -$0.44 (down 162.86% YoY), while the FY2025 annual figure was -$0.44, down 162.86% from the prior year.
  • Debt to Equity was -$0.44 for Q4 2025 at Astrazeneca, down from $0.71 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.76 in Q4 2022 to a low of -$1.54 in Q2 2021.
  • Historically, Debt to Equity has averaged -$0.13 across 5 years, with a median of -$0.44 in 2025.
  • The sharpest annual moves came in 2021 and 2025: Debt to Equity surged 177.73% in 2021, then sank 162.86% in 2025.
  • A 5-year view of Debt to Equity shows it stood at $0.76 in 2021, then grew by 0.62% to $0.76 in 2022, then slipped by 8.01% to $0.7 in 2023, then gained by 0.53% to $0.71 in 2024, then sank by 162.86% to -$0.44 in 2025.
  • The last three Debt to Equity figures came in at -$0.44 (Q4 2025), $0.71 (Q4 2024), and -$0.69 (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Gsk 92,316,836.42 Bn 92,316,831.46 Bn 7.76 Bn -
2 Eli Lilly 983.57 Bn 978.29 Bn 16.22 Bn 1.39
3 Johnson & Johnson 553.56 Bn 531.50 Bn 15.96 Bn 0.68
4 AbbVie 383.35 Bn 374.00 Bn 10.78 Bn -9.70
5 Merck 281.71 Bn 276.06 Bn 12.09 Bn 1.07
6 Amgen 182.20 Bn 170.16 Bn 5.87 Bn 6.24
7 Gilead Sciences 153.71 Bn 145.98 Bn 5.52 Bn 0.94
8 Pfizer 143.75 Bn 130.98 Bn -1.21 Bn 0.72
9 Bristol Myers Squibb 109.71 Bn 99.25 Bn 8.07 Bn 2.22
10 Astrazeneca 67.83 Bn 59.89 Bn 12.61 Bn -

Historic Data

Download Data
DateValue
Dec 31, 2025 -0.44
Dec 31, 2024 0.71
Jun 30, 2024 -0.69
Dec 31, 2023 0.70
Jun 30, 2023 -0.65
Dec 31, 2022 0.76
Jun 30, 2022 -0.74
Dec 31, 2021 0.76
Jun 30, 2021 -1.54
Dec 31, 2020 -0.98
Dec 31, 2019 -0.82
Dec 31, 2018 -0.94
Dec 31, 2017 0.67
Dec 31, 2016 -0.65
Dec 31, 2015 -0.52