Chegg (CHGG) Debt Ratio (2018 - 2026)
Quarterly Debt Ratio fell 2.69% to 0.14 in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 0.14 through Mar 2026, down 2.69% year-over-year, with the annual reading at 0.19 for FY2025, 65.42% down from the prior year.
Chegg's Debt Ratio history spans 9 years, with the latest figure at 0.14 for Q1 2026.
- Debt Ratio came in at 0.14 for Q1 2026, 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.
- The 5-year median for Debt Ratio is 0.39 (2023), against an average of 0.39.
- Year-over-year, Debt Ratio surged 80.64% in 2024 and then plummeted 72.43% in 2025.
- Chegg's Debt Ratio stood at 0.48 in 2022, then fell by 27.97% to 0.35 in 2023, then skyrocketed by 61.03% to 0.56 in 2024, then plummeted by 65.42% to 0.19 in 2025, then dropped by 28.35% to 0.14 in 2026.
- Per Business Quant, the three most recent readings for CHGG's Debt Ratio are 0.14 (Q1 2026), 0.19 (Q4 2025), and 0.17 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | 0.05 |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 0.10 |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | 0.09 |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | - |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | 0.17 |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | - |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | 0.15 |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | - |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 0.01 |
| 10 | Chegg | 159.77 Mn | 93.85 Mn | 37.89 Mn | 0.14 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 0.56 |
| Dec 31, 2020 | 0.67 |
| Sep 30, 2020 | 0.66 |
| Jun 30, 2020 | 0.60 |
| Mar 31, 2020 | 0.61 |
| Dec 31, 2019 | 0.60 |
| Sep 30, 2019 | 0.61 |
| Jun 30, 2019 | 0.62 |
| Mar 31, 2019 | 0.60 |
| Dec 31, 2018 | 0.37 |
| Sep 30, 2018 | 0.37 |
| Jun 30, 2018 | 0.38 |