Box (BXCAP) Debt to Equity (2015 - 2026)
Box (BXCAP) reported Debt to Equity of -$1.51 for Q1 2026, up 31.42% on a YoY basis from -$1.15 in Q1 2025, and up 34.07% quarter-over-quarter from -$2.29 in Q4 2025.
Box (BXCAP) Debt to Equity (2015 - 2026) Analysis & Trends
Box has reported Debt to Equity for 12 years, with the latest figure at -$1.51 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity rose 31.42% year-over-year to -$1.51; the trailing twelve-month figure through Jan 2026 stood at -$1.51 (up 31.42% YoY), and the FY2026 full-year result was -$1.51, up 31.42% from the prior year.
- Debt to Equity for Q1 2026 stood at -$1.51, up from -$2.29 in the prior quarter.
- The five-year high for Debt to Equity was -$0.64 in Q3 2022, with the low at -$2.43 in Q3 2025.
- Historically, Debt to Equity has averaged -$1.21 across 5 years, with a median of -$0.86 in 2024.
- Annual changes were most pronounced in 2022 — Debt to Equity soared 73.47% — and 2025, when it sank 187.06%.
- Box's Debt to Equity stood at -$0.65 in 2022, then fell by 5.44% to -$0.69 in 2023, then slumped by 98.17% to -$1.36 in 2024, then plunged by 68.31% to -$2.29 in 2025, then jumped by 34.07% to -$1.51 in 2026.
- The last three Debt to Equity figures came in at -$1.51 (Q1 2026), -$2.29 (Q4 2025), and -$2.43 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,819.83 Bn | 2,741.56 Bn | 56.06 Bn | 0.10 |
| 2 | Alarum Technologies | 1,056.91 Bn | 1,042.76 Bn | 7.23 Mn | - |
| 3 | Oracle | 530.68 Bn | 492.11 Bn | 15.14 Bn | 3.24 |
| 4 | Palantir Technologies | 306.85 Bn | 298.93 Bn | 1.42 Bn | - |
| 5 | Palo Alto Networks | 199.03 Bn | 194.49 Bn | 1.91 Bn | - |
| 6 | CrowdStrike Holdings | 170.56 Bn | 167.51 Bn | 993.68 Mn | 0.17 |
| 7 | Fortinet | 106.91 Bn | 103.62 Bn | 1.49 Bn | 0.50 |
| 8 | Synopsys | 86.43 Bn | 86.31 Bn | 1.77 Bn | 0.33 |
| 9 | Cloudflare | 79.42 Bn | 78.48 Bn | 455.60 Mn | 0.85 |
| 10 | Box | - | - | 245.00 Mn | -1.51 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | -1.51 |
| Oct 31, 2025 | -2.29 |
| Jul 31, 2025 | -2.43 |
| Apr 30, 2025 | -2.33 |
| Jan 31, 2025 | -2.20 |
| Oct 31, 2024 | -1.36 |
| Jul 31, 2024 | -0.85 |
| Apr 30, 2024 | -0.93 |
| Jan 31, 2024 | -0.86 |
| Oct 31, 2023 | -0.69 |
| Jul 31, 2023 | -0.69 |
| Apr 30, 2023 | -0.72 |
| Jan 31, 2023 | -0.71 |
| Oct 31, 2022 | -0.65 |
| Jul 31, 2022 | -0.64 |
| Apr 30, 2022 | -0.76 |
| Jan 31, 2022 | -0.93 |
| Oct 31, 2021 | -1.34 |
| Jul 31, 2021 | -2.40 |
| Apr 30, 2021 | 2.93 |