Beneficient (BENFW) Debt to Equity (2022 - 2025)

Beneficient's (BENFW) quarterly Debt to Equity came in at -$0.78 in Q4 2025, down 109.25% year-on-year from $8.43 in Q4 2024, and down 7.22% quarter-over-quarter from -$0.73 in Q3 2025.

Beneficient (BENFW) Debt to Equity (2022 - 2025) Analysis & Trends

Beneficient has disclosed Debt to Equity across 4 years of filings, most recently posting -$0.78 for Q4 2025.

  • Debt to Equity for Q4 2025 came in at -$0.78, down 109.25% year-over-year; the trailing twelve-month figure through Dec 2025 was -$0.78 (down 109.25% YoY), and the FY2025 annual result was -$3.38, down 438.18% from the prior year.
  • Debt to Equity came in at -$0.78 for Q4 2025 at Beneficient, down from -$0.73 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $8.43 in Q4 2024 to a low of -$9.26 in Q3 2024.
  • The 4-year median for Debt to Equity is -$0.68 (2024), against an average of -$0.65.
  • Across the five-year window, Debt to Equity plunged 8548.93% in 2024 and soared 92.14% in 2025, its largest moves.
  • Beneficient's Debt to Equity stood at $0.06 in 2022, then jumped by 97.3% to $0.11 in 2023, then surged by 7598.19% to $8.43 in 2024, then sank by 109.25% to -$0.78 in 2025.
  • The last three Debt to Equity figures came in at -$0.78 (Q4 2025), -$0.73 (Q3 2025), and -$0.9 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 0.14
2 Blackstone 96.85 Bn 95.80 Bn - 1.59
3 Kkr 86.45 Bn 133.96 Bn - -
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn -
5 State Street 46.95 Bn 21.27 Bn - -
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 0.03
7 Northern Trust 31.92 Bn 31.92 Bn - 0.60
8 Raymond James Financial 30.62 Bn 19.37 Bn - 0.28
9 Ares Management 29.04 Bn 32.41 Bn - -
10 Beneficient - - - -0.78

Historic Data

Download Data
DateValue
Dec 31, 2025 -0.78
Sep 30, 2025 -0.73
Jun 30, 2025 -0.90
Mar 31, 2025 -3.38
Dec 31, 2024 8.43
Sep 30, 2024 -9.26
Jun 30, 2024 -0.81
Mar 31, 2024 -0.63
Sep 30, 2023 0.11
Jun 30, 2023 0.04
Mar 31, 2023 0.03
Mar 31, 2022 0.06