Box (BOX) Debt Ratio (2015 - 2026)

Box (BOX) reported Debt Ratio of 0.29 for Q1 2026, down 25.45% on a YoY basis from 0.39 in Q1 2025, and down 28.35% quarter-over-quarter from 0.41 in Q4 2025.

Box (BOX) Debt Ratio (2015 - 2026) Analysis & Trends

Box has reported Debt Ratio for 12 years, with the latest figure at 0.29 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio fell 25.45% year-over-year to 0.29; the trailing twelve-month figure through Jan 2026 stood at 0.29 (down 25.45% YoY), and the FY2026 full-year result was 0.29, down 25.45% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.29, down from 0.41 in the prior quarter.
  • The five-year high for Debt Ratio was 0.48 in Q4 2024, with the low at 0.26 in Q1 2022.
  • Historically, Debt Ratio has averaged 0.35 across 5 years, with a median of 0.35 in 2022.
  • Annual changes were most pronounced in 2022 — Debt Ratio surged 43.81% — and 2026, when it fell 25.45%.
  • Box's Debt Ratio stood at 0.35 in 2022, then rose by 2.59% to 0.36 in 2023, then jumped by 34.33% to 0.48 in 2024, then retreated by 15.39% to 0.41 in 2025, then decreased by 28.35% to 0.29 in 2026.
  • The last three Debt Ratio figures came in at 0.29 (Q1 2026), 0.41 (Q4 2025), and 0.4 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 0.06
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn -
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 0.51
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn -
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn -
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn 0.07
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 0.05
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 0.21
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn 0.21
10 Box 3.83 Bn 3.35 Bn 245.00 Mn 0.29

Historic Data

Download Data
DateValue
Jan 31, 2026 0.29
Oct 31, 2025 0.41
Jul 31, 2025 0.40
Apr 30, 2025 0.40
Jan 31, 2025 0.39
Oct 31, 2024 0.48
Jul 31, 2024 0.33
Apr 30, 2024 0.32
Jan 31, 2024 0.30
Oct 31, 2023 0.36
Jul 31, 2023 0.35
Apr 30, 2023 0.33
Jan 31, 2023 0.31
Oct 31, 2022 0.35
Jul 31, 2022 0.35
Apr 30, 2022 0.31
Jan 31, 2022 0.26
Oct 31, 2021 0.26
Jul 31, 2021 0.24
Apr 30, 2021 0.28