Fluent (FLNT) Debt Ratio (2010 - 2026)
Fluent's Debt Ratio came in at 0.36 for Q2 2026, up 33.6% from 0.27 a year earlier and up 9.7% from the prior quarter.
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Analysis
Fluent (FLNT) Debt Ratio (2010 - 2026) Analysis & Trends
For FY2025, Fluent's Debt Ratio was 0.35, up 1.7% from FY2024.
- Debt Ratio has increased in each of the last five years.
- Going back by year, Debt Ratio was 0.34 in FY2024 (+4.5%), 0.33 in FY2023 (+47.6%), 0.22 in FY2022 (+54.9%) and 0.14 in FY2021 (+8.9%).
- The Q2 2026 figure represents the highest quarterly Debt Ratio since Q3 2024.
- Year-over-year, Debt Ratio has increased for three consecutive quarters, with growth averaging 5.9% over the last eight quarters.
- The fastest year-over-year change in Debt Ratio over five years came in Q1 2023 (growth of 74.2%), and the weakest in Q3 2025 (a decline of 31.7%).
- Business Quant data shows FLNT's Debt Ratio at 0.32 (Q1 2026), 0.35 (Q4 2025) and 0.29 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,126.42 Bn | 3,883.94 Bn | 73.85 Bn | 0.11 |
| 2 | Meta Platforms | 1,763.57 Bn | 1,466.09 Bn | 49.47 Bn | 0.19 |
| 3 | Netflix | 287.17 Bn | 247.37 Bn | 6.52 Bn | 0.24 |
| 4 | Alibaba Group Holding | 252.08 Bn | 65.86 Bn | 15.11 Bn | 0.07 |
| 5 | Shopify | 224.54 Bn | 201.72 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 140.28 Bn | 112.08 Bn | 6.38 Bn | 0.19 |
| 7 | Booking Holdings | 125.81 Bn | 58.86 Bn | - | 0.68 |
| 8 | PDD Holdings | 114.10 Bn | -129.68 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 108.24 Bn | 65.74 Bn | 1.86 Bn | - |
| 10 | Fluent | 86.75 Mn | 47.39 Mn | 14.01 Mn | 0.36 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.36 |
| Mar 31, 2026 | 0.32 |
| Dec 31, 2025 | 0.35 |
| Sep 30, 2025 | 0.29 |
| Jun 30, 2025 | 0.27 |
| Mar 31, 2025 | 0.28 |
| Dec 31, 2024 | 0.34 |
| Sep 30, 2024 | 0.43 |
| Jun 30, 2024 | 0.34 |
| Mar 31, 2024 | 0.30 |
| Dec 31, 2023 | 0.33 |
| Sep 30, 2023 | 0.28 |
| Jun 30, 2023 | 0.24 |
| Mar 31, 2023 | 0.25 |
| Dec 31, 2022 | 0.22 |
| Sep 30, 2022 | 0.17 |
| Jun 30, 2022 | 0.17 |
| Mar 31, 2022 | 0.14 |
| Dec 31, 2021 | 0.14 |
| Sep 30, 2021 | 0.15 |
API Access
Fluent Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=FLNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "FLNT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=FLNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();