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| 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 |