Cash Flow Statement
Growth Metrics

Harvard Bioscience (HBIO) Debt to Equity (2010 - 2026)

Harvard Bioscience (HBIO) reported Debt to Equity of $3.6 for Q1 2026, up 48.71% year-over-year from $2.42 in Q1 2025, and up 38.01% on a QoQ basis from $2.61 in Q4 2025.

Harvard Bioscience (HBIO) has 17 years of Debt to Equity data on file, last reported at $3.6 in Q1 2026.

  • Quarterly Debt to Equity rose 48.71% year-over-year to $3.6 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.6 (up 48.71% YoY) and the FY2025 annual result came in at $2.61, up 347.64% from the prior year.
  • Debt to Equity rose to $3.6 in Q1 2026 per HBIO's latest filing, from $2.61 in the prior quarter.
  • Across five years, Debt to Equity topped out at $3.6 in Q1 2026 and bottomed at $0.5 in Q4 2023.
  • The 5-year median for Debt to Equity is $0.63 (2022), against an average of $1.19.
  • The widest annual swing landed in 2023, when Debt to Equity decreased 23.78%; it then surged 368.38% in 2025.
  • Tracing HBIO's Debt to Equity over 5 years: stood at $0.65 in 2022, then retreated by 22.83% to $0.5 in 2023, then gained by 16.61% to $0.58 in 2024, then soared by 347.64% to $2.61 in 2025, then surged by 38.01% to $3.6 in 2026.
  • Per Business Quant, the three latest HBIO Debt to Equity figures stand at $3.6 (Q1 2026), $2.61 (Q4 2025), and $2.41 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Intuitive Surgical 156.17 Bn 151.78 Bn 1.83 Bn -
2 Becton Dickinson 41.51 Bn 40.49 Bn 2.15 Bn 0.72
3 Resmed 30.43 Bn 28.77 Bn 890.98 Mn 0.04
4 West Pharmaceutical Services 22.78 Bn 22.26 Bn 296.40 Mn 0.07
5 Solventum 13.39 Bn 13.39 Bn 1.10 Bn 1.02
6 Cooper Companies 12.33 Bn 12.20 Bn 695.20 Mn 0.30
7 Align Technology 11.65 Bn 10.59 Bn 736.59 Mn -
8 Baxter International 9.81 Bn 7.77 Bn 891.00 Mn 1.57
9 Aptargroup 7.39 Bn 7.19 Bn 351.91 Mn 0.45
10 Harvard Bioscience 25.38 Mn 18.29 Mn 12.24 Mn 3.60

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 3.60
Dec 31, 2025 2.61
Sep 30, 2025 2.41
Jun 30, 2025 2.22
Mar 31, 2025 2.42
Dec 31, 2024 0.58
Sep 30, 2024 0.58
Jun 30, 2024 0.53
Mar 31, 2024 0.52
Dec 31, 2023 0.50
Sep 30, 2023 0.52
Jun 30, 2023 0.55
Mar 31, 2023 0.59
Dec 31, 2022 0.65
Sep 30, 2022 0.68
Jun 30, 2022 0.63
Mar 31, 2022 0.64
Dec 31, 2021 0.58
Sep 30, 2021 0.59
Jun 30, 2021 0.55
Mar 31, 2021 0.57
Dec 31, 2020 0.63
Sep 30, 2020 0.56
Jun 30, 2020 0.57
Mar 31, 2020 0.65
Dec 31, 2019 0.66
Sep 30, 2019 0.70
Jun 30, 2019 0.68
Mar 31, 2019 -0.02
Dec 31, 2018 0.73
Sep 30, 2018 0.75
Jun 30, 2018 0.80
Mar 31, 2018 0.79
Dec 31, 2017 0.15
Sep 30, 2017 0.20
Jun 30, 2017 0.18
Mar 31, 2017 0.19
Dec 31, 2016 0.22
Sep 30, 2016 0.20
Jun 30, 2016 0.21
Mar 31, 2016 0.25
Dec 31, 2015 0.24
Sep 30, 2015 0.27
Jun 30, 2015 0.22
Mar 31, 2015 0.30
Dec 31, 2014 0.28
Sep 30, 2014 0.24
Jun 30, 2014 0.28
Mar 31, 2014 0.24
Dec 31, 2013 0.31
Sep 30, 2013 0.22
Jun 30, 2013 0.26
Mar 31, 2013 0.14
Dec 31, 2012 0.12
Sep 30, 2012 0.15
Jun 30, 2012 0.16
Mar 31, 2012 0.17
Dec 31, 2011 0.17
Sep 30, 2011 0.17
Jun 30, 2011 0.18
Dec 31, 2010 0.20