Growth Metrics

Chegg (CHGG) Debt to Equity (2018 - 2026)

Quarterly Debt to Equity fell 17.03% to $0.28 in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $0.28 through Mar 2026, down 17.03% year-over-year, with the annual reading at $0.45 for FY2025, 82.15% down from the prior year.

Chegg's Debt to Equity history spans 9 years, with the latest figure at $0.28 for Q1 2026.

  • Debt to Equity came in at $0.28 for Q1 2026, down from $0.45 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $3.25 in Q3 2024 to a low of $0.28 in Q1 2026.
  • The 5-year median for Debt to Equity is $0.74 (2023), against an average of $1.14.
  • Year-over-year, Debt to Equity skyrocketed 460.65% in 2024 and then tumbled 86.83% in 2025.
  • Chegg's Debt to Equity stood at $1.06 in 2022, then tumbled by 40.35% to $0.64 in 2023, then surged by 296.55% to $2.52 in 2024, then plummeted by 82.15% to $0.45 in 2025, then tumbled by 37.88% to $0.28 in 2026.
  • Per Business Quant, the three most recent readings for CHGG's Debt to Equity are $0.28 (Q1 2026), $0.45 (Q4 2025), and $0.43 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 51Talk Online Education 9.59 Bn 9.55 Bn 22.18 Mn -0.11
2 Graham Holdings 4.73 Bn 3.72 Bn 841.00 Mn 0.17
3 Laureate Education 4.69 Bn 4.53 Bn -16.39 Mn 0.21
4 Grand Canyon Education 4.19 Bn 3.94 Bn 244.77 Mn -
5 Stride 3.77 Bn 2.96 Bn 231.57 Mn 0.25
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 0.38
8 Strategic Education 1.71 Bn 1.55 Bn - -
9 Lincoln Educational Services 1.46 Bn 1.44 Bn 120.06 Mn 0.03
10 Chegg 159.77 Mn 93.85 Mn 37.89 Mn 0.28

Historic Data

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DateValue
Mar 31, 2026 0.28
Dec 31, 2025 0.45
Sep 30, 2025 0.43
Jun 30, 2025 0.40
Mar 31, 2025 0.34
Dec 31, 2024 2.52
Sep 30, 2024 3.25
Jun 30, 2024 1.64
Mar 31, 2024 0.62
Dec 31, 2023 0.64
Sep 30, 2023 0.58
Jun 30, 2023 0.74
Mar 31, 2023 1.18
Dec 31, 2022 1.06
Sep 30, 2022 1.13
Jun 30, 2022 2.05
Mar 31, 2022 2.08
Dec 31, 2021 1.52
Sep 30, 2021 1.24
Jun 30, 2021 1.25
Mar 31, 2021 1.43
Dec 31, 2020 2.47
Sep 30, 2020 2.38
Jun 30, 2020 1.86
Mar 31, 2020 1.97
Dec 31, 2019 1.80
Sep 30, 2019 1.89
Jun 30, 2019 1.90
Mar 31, 2019 1.84
Dec 31, 2018 0.69
Sep 30, 2018 0.72
Jun 30, 2018 0.71