Blend Labs BLND
NYSE BLND
$1.53 +0.02 (+1.32%)
At close: Sep 4, 2026 · 4:00 PM EDT

Blend Labs (BLND) Debt Ratio (2021 - 2024)

Blend Labs (BLND) posted Debt Ratio of 0.69 for Q1 2024, up 2.52% on a QoQ basis from 0.67 in Q4 2023, and up 21.96% year-over-year from 0.56 in Q2 2023.

Analysis

Blend Labs (BLND) Debt Ratio (2021 - 2024) Analysis & Trends

Blend Labs has reported Debt Ratio for 4 years, with the latest figure at 0.69 in Q1 2024.

  • On a quarterly basis, Debt Ratio rose 21.96% year-over-year to 0.69 in Q1 2024; TTM through Mar 2024 was 0.69, a 21.96% increase from a year earlier, with the FY2023 full-year figure at 0.67, up 34.0% from the prior year.
  • Debt Ratio was 0.69 for Q1 2024 at Blend Labs, up from 0.67 in the prior quarter.
  • The five-year high for Debt Ratio was 0.69 in Q1 2024, with the low at 0.18 in Q3 2021.
  • Average Debt Ratio over 4 years is 0.44, with a median of 0.47 recorded in 2022.
  • The sharpest annual moves came in 2023 and 2024: Debt Ratio soared 177.36% in 2023, then gained 21.96% in 2024.
  • Over 4 years, Debt Ratio stood at 0.19 in 2021, then soared by 160.62% to 0.5 in 2022, then surged by 34.0% to 0.67 in 2023, then rose by 2.52% to 0.69 in 2024.
  • The last three Debt Ratio figures came in at 0.69 (Q1 2024), 0.67 (Q4 2023), and 0.69 (Q3 2023), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Upstart Holdings 2.73 Bn 2.28 Bn 303.39 Mn 0.05
2 Pagaya Technologies 1.92 Bn 1.72 Bn 168.33 Mn 0.28
3 Qfin Holdings 1.10 Bn 108.74 Mn - 0.04
4 FinVolution 856.70 Mn -70.30 Mn - 0.05
5 X Financial 432.29 Mn -136.02 Mn 84.09 Mn 0.03
6 Open Lending 371.20 Mn 186.25 Mn 15.64 Mn 0.36
7 Blend Labs 361.86 Mn 317.00 Mn 24.89 Mn -
8 LexinFintech Holdings 294.80 Mn 294.80 Mn 73.06 Mn 0.07
9 Antalpha Platform Holding 85.61 Mn -804.10 Mn 11.94 Mn 0.41
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2024 0.69
Dec 31, 2023 0.67
Sep 30, 2023 0.69
Jun 30, 2023 0.62
Mar 31, 2023 0.56
Dec 31, 2022 0.50
Sep 30, 2022 0.44
Jun 30, 2022 0.36
Mar 31, 2022 0.20
Dec 31, 2021 0.19
Sep 30, 2021 0.18
Jun 30, 2021 0.19