Freedom Holding (FRHC) Debt to Equity (2017 - 2026)

Freedom Holding (FRHC) posted quarterly Debt to Equity of $0.69 for Q1 2026, up 79.46% year-over-year from $0.38 in Q1 2025, and down 10.74% sequentially from $0.77 in Q4 2025.

Freedom Holding (FRHC) Debt to Equity (2017 - 2026) Analysis & Trends

Freedom Holding has disclosed Debt to Equity across 10 years of filings, most recently posting $0.69 for Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity rose 79.46% year-over-year to $0.69; the trailing twelve-month figure through Mar 2026 stood at $0.69 (up 79.46% YoY), and the FY2026 full-year result was $0.69, up 79.46% from the prior year.
  • Debt to Equity was $0.69 for Q1 2026 at Freedom Holding, down from $0.77 in the prior quarter.
  • Over five years, Debt to Equity peaked at $3.01 in Q3 2023 and troughed at $0.05 in Q4 2022.
  • The 5-year median for Debt to Equity is $0.66 (2025), against an average of $0.98.
  • Year-over-year, Debt to Equity plunged 95.02% in 2023 and soared 2953.54% in 2024.
  • Year by year, Debt to Equity stood at $0.05 in 2022, then surged by 370.12% to $0.26 in 2023, then soared by 44.89% to $0.37 in 2024, then soared by 107.65% to $0.77 in 2025, then dropped by 10.74% to $0.69 in 2026.
  • Per Business Quant, the three latest FRHC Debt to Equity figures stand at $0.69 (Q1 2026), $0.77 (Q4 2025), and $0.66 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Voya Financial 8.51 Bn 10.33 Bn 1.47 Bn 0.39
2 Freedom Holding 8.34 Bn 7.37 Bn -1.62 Bn 0.69
3 Hilltop Holdings 2.27 Bn 2.30 Bn -2.46 Mn 0.46
4 LendingTree 511.07 Mn 425.56 Mn 88.70 Mn 1.28
5 BRC Group Holdings 276.39 Mn 333.20 Mn 319.70 Mn 15.29
6 BRC Group Holdings - - 319.70 Mn 15.29
7 BRC Group Holdings - - 319.70 Mn 15.29
8 BRC Group Holdings - - 319.70 Mn 15.29
9 Orix - - 5.07 Bn 1.43
10 Voya Financial - - 1.47 Bn 0.39

Historic Data

Download Data
DateValue
Mar 31, 2026 0.69
Dec 31, 2025 0.77
Sep 30, 2025 0.66
Jun 30, 2025 0.55
Mar 31, 2025 0.38
Dec 31, 2024 0.37
Sep 30, 2024 2.05
Jun 30, 2024 2.22
Mar 31, 2024 2.34
Dec 31, 2023 0.26
Sep 30, 2023 3.01
Jun 30, 2023 0.08
Mar 31, 2023 0.08
Dec 31, 2022 0.05
Sep 30, 2022 1.58
Jun 30, 2022 0.08
Mar 31, 2022 1.54
Dec 31, 2021 1.06
Sep 30, 2021 0.11
Jun 30, 2021 1.19