Iridium Communications (IRDM) Debt Ratio (2009 - 2026)
Iridium Communications' Debt Ratio was 0.69 in Q3 2026, down 2.0% from 0.71 a year earlier but up 1.1% from the prior quarter.
Powered by 
Analysis
Iridium Communications (IRDM) Debt Ratio (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Iridium Communications' Debt Ratio was 2.42 through Sep 30, 2026, down 14.2% year-over-year; for FY2025, it came in at 0.70, up 3.8% from FY2024.
- Debt Ratio has now increased for five consecutive years.
- In earlier years, Debt Ratio was 0.67 in FY2024 (+20.4%), 0.56 in FY2023 (+10.6%), 0.50 in FY2022 (+0.2%) and 0.50 in FY2021 (+4.6%).
- Quarterly Debt Ratio has moved between 0.50 (Q4 2021) and 0.71 (Q3 2025) over five years.
- Compared with a year earlier, Debt Ratio was higher in six of the last eight quarters, with growth averaging 7.8%.
- The best year-over-year quarter for Debt Ratio over five years was Q4 2024 (growth of 20.4%); the worst was Q2 2026 (a decline of 2.5%).
- Per Business Quant data, IRDM's Debt Ratio in the three quarters before Q3 2026 was 0.69 (Q2 2026), 0.70 (Q1 2026) and 0.70 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 191.94 Bn | 159.58 Bn | 27.05 Bn | 0.40 |
| 2 | T-Mobile US | 179.71 Bn | 162.14 Bn | 15.13 Bn | 0.39 |
| 3 | At&T | 147.73 Bn | 105.17 Bn | 26.22 Bn | 0.36 |
| 4 | Grupo Televisa, S.A.B | 146.85 Bn | 139.98 Bn | 960.50 Mn | 0.35 |
| 5 | Comcast | 87.61 Bn | 53.57 Bn | - | 0.34 |
| 6 | Chunghwa Telecom | 37.88 Bn | 30.37 Bn | 728.80 Mn | 0.01 |
| 7 | Vodafone Group Public | 37.71 Bn | 5.95 Bn | - | 0.45 |
| 8 | EchoStar | 30.28 Bn | 11.36 Bn | 647.20 Mn | 0.27 |
| 9 | Bce | 20.18 Bn | 18.41 Bn | 11.61 Bn | 0.51 |
| 10 | Iridium Communications | 4.90 Bn | 4.41 Bn | 173.46 Mn | 0.69 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.69 |
| Jun 30, 2026 | 0.69 |
| Mar 31, 2026 | 0.70 |
| Dec 31, 2025 | 0.70 |
| Sep 30, 2025 | 0.71 |
| Jun 30, 2025 | 0.70 |
| Mar 31, 2025 | 0.69 |
| Dec 31, 2024 | 0.67 |
| Sep 30, 2024 | 0.65 |
| Jun 30, 2024 | 0.61 |
| Mar 31, 2024 | 0.59 |
| Dec 31, 2023 | 0.56 |
| Sep 30, 2023 | 0.55 |
| Jun 30, 2023 | 0.53 |
| Mar 31, 2023 | 0.52 |
| Dec 31, 2022 | 0.50 |
| Sep 30, 2022 | 0.52 |
| Jun 30, 2022 | 0.52 |
| Mar 31, 2022 | 0.52 |
| Dec 31, 2021 | 0.50 |
API Access
Iridium Communications 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=IRDM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "IRDM", "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=IRDM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();