Chegg (CHGG) Debt Ratio (2018 - 2026)

Chegg (CHGG) recorded quarterly Debt Ratio of 0.14 in Q1 2026, down 28.35% quarter-over-quarter from 0.19 in Q4 2025, and down 2.69% on a YoY basis from 0.14 in Q1 2025.

Chegg (CHGG) Debt Ratio (2018 - 2026) Analysis & Trends

Chegg's Debt Ratio history runs 9 years deep, the most recent figure standing at 0.14 for Q1 2026.

  • In Q1 2026, Debt Ratio fell 2.69% year-over-year to 0.14; the TTM figure through Mar 2026 stood at 0.14 (down 2.69% YoY), while the FY2025 annual figure was 0.19, down 65.42% from the prior year.
  • Debt Ratio was 0.14 for Q1 2026 at Chegg, down from 0.19 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.63 in Q2 2022 to a low of 0.14 in Q1 2026.
  • Historically, Debt Ratio has averaged 0.39 across 5 years, with a median of 0.39 in 2023.
  • The sharpest annual moves came in 2024 and 2025: Debt Ratio soared 80.64% in 2024, then sank 72.43% in 2025.
  • A 5-year view of Debt Ratio shows it stood at 0.48 in 2022, then dropped by 27.97% to 0.35 in 2023, then surged by 61.03% to 0.56 in 2024, then sank by 65.42% to 0.19 in 2025, then declined by 28.35% to 0.14 in 2026.
  • The last three Debt Ratio figures came in at 0.14 (Q1 2026), 0.19 (Q4 2025), and 0.17 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 51Talk Online Education 7.03 Bn 6.99 Bn 22.18 Mn 0.05
2 Laureate Education 5.22 Bn 5.06 Bn -16.39 Mn 0.09
3 Graham Holdings 5.09 Bn 4.08 Bn 841.00 Mn 0.10
4 Covista 4.40 Bn 4.40 Bn 276.31 Mn 0.18
5 Stride 4.17 Bn 3.36 Bn 231.57 Mn 0.17
6 Grand Canyon Education 3.94 Bn 3.69 Bn 244.77 Mn -
7 McGraw Hill 2.19 Bn 1.94 Bn 388.89 Mn 0.47
8 Universal Technical Institute 2.14 Bn 1.97 Bn 103.97 Mn 0.15
9 Perdoceo Education 2.13 Bn 1.45 Bn 174.68 Mn -
10 Chegg 124.02 Mn 58.10 Mn 37.89 Mn 0.14

Historic Data

Download Data
DateValue
Mar 31, 2026 0.14
Dec 31, 2025 0.19
Sep 30, 2025 0.17
Jun 30, 2025 0.15
Mar 31, 2025 0.14
Dec 31, 2024 0.56
Sep 30, 2024 0.60
Jun 30, 2024 0.54
Mar 31, 2024 0.35
Dec 31, 2023 0.35
Sep 30, 2023 0.33
Jun 30, 2023 0.39
Mar 31, 2023 0.50
Dec 31, 2022 0.48
Sep 30, 2022 0.50
Jun 30, 2022 0.63
Mar 31, 2022 0.63
Dec 31, 2021 0.57
Sep 30, 2021 0.53
Jun 30, 2021 0.53