Cosan (CSAN) Debt to Equity (2019 - 2025)
Cosan (CSAN) recorded quarterly Debt to Equity of $12.11 in Q4 2025, up 25.69% quarter-over-quarter from $9.63 in Q3 2025, and up 110.16% on a YoY basis from $5.76 in Q4 2024.
Cosan (CSAN) Debt to Equity (2019 - 2025) Analysis & Trends
Cosan's Debt to Equity history runs 7 years deep, the most recent figure standing at $12.11 for Q4 2025.
- In Q4 2025, Debt to Equity rose 110.16% year-over-year to $12.11; the TTM figure through Dec 2025 stood at $12.11 (up 110.16% YoY), while the FY2025 annual figure was $12.11, up 110.16% from the prior year.
- Debt to Equity was $12.11 for Q4 2025 at Cosan, up from $9.63 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $12.11 in Q4 2025 to a low of -$18.4 in Q3 2023.
- Historically, Debt to Equity has averaged $0.12 across 5 years, with a median of $1.29 in 2021.
- The sharpest annual moves came in 2021 and 2022: Debt to Equity jumped 512.66% in 2021, then slipped 24.65% in 2022.
- A 5-year view of Debt to Equity shows it stood at $1.46 in 2021, then retreated by 24.65% to $1.1 in 2022, then grew by 1.47% to $1.12 in 2023, then soared by 416.18% to $5.76 in 2024, then soared by 110.16% to $12.11 in 2025.
- The last three Debt to Equity figures came in at $12.11 (Q4 2025), $9.63 (Q3 2025), and $1.69 (Q1 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 76.18 Bn | 80.70 Bn | 3.31 Bn | 1.40 |
| 2 | Valero Energy | 75.63 Bn | 72.96 Bn | 30.79 Bn | 0.48 |
| 3 | Phillips 66 | 71.92 Bn | 67.92 Bn | 31.12 Bn | 0.91 |
| 4 | HF Sinclair | 12.56 Bn | 11.48 Bn | 1.19 Bn | 0.28 |
| 5 | Sunoco | 8.81 Bn | 8.10 Bn | 1.69 Bn | 1.67 |
| 6 | Cosan | 5.12 Bn | 250.68 Mn | 552.94 Mn | 12.11 |
| 7 | Icahn Enterprises | 4.72 Bn | 3.42 Bn | -134.00 Mn | - |
| 8 | PBF Energy | 4.49 Bn | 4.08 Bn | 278.50 Mn | 0.51 |
| 9 | Cvr Energy | 3.16 Bn | 2.85 Bn | -103.00 Mn | 2.41 |
| 10 | Delek US Holdings | 2.80 Bn | 2.43 Bn | -130.20 Mn | 10.54 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 12.11 |
| Sep 30, 2025 | 9.63 |
| Mar 31, 2025 | 1.69 |
| Dec 31, 2024 | 5.76 |
| Sep 30, 2024 | 2.24 |
| Jun 30, 2024 | 0.25 |
| Dec 31, 2023 | 1.12 |
| Sep 30, 2023 | -18.40 |
| Jun 30, 2023 | -16.48 |
| Mar 31, 2023 | 1.01 |
| Dec 31, 2022 | 1.10 |
| Dec 31, 2021 | 1.46 |
| Dec 31, 2020 | 0.24 |
| Dec 31, 2019 | 1.61 |