Strategy (MSTR) Debt Ratio (2020 - 2026)

Strategy's Debt Ratio history runs 7 years deep, the most recent figure standing at 0.15 for Q1 2026.

• In Q1 2026, Debt Ratio fell 18.51% year-over-year to 0.15; the TTM figure through Mar 2026 stood at 0.15 (down 18.51% YoY), while the FY2025 annual figure was 0.13, down 52.25% from the prior year.
• Debt Ratio came in at 0.15 for Q1 2026 at Strategy, up from 0.13 in the prior quarter.
• In the past five years, Debt Ratio ranged from a high of 0.99 in Q4 2022 to a low of 0.11 in Q3 2025.
• A 5-year average of 0.5 and a median of 0.55 in 2024 frame the typical range for Debt Ratio.
• Across the five-year window, Debt Ratio jumped 62.91% in 2022 and plunged 78.01% in 2025, its largest moves.
• Strategy's Debt Ratio stood at 0.99 in 2022, then sank by 53.57% to 0.46 in 2023, then plunged by 39.28% to 0.28 in 2024, then tumbled by 52.25% to 0.13 in 2025, then increased by 13.67% to 0.15 in 2026.
• According to Business Quant data, Debt Ratio over the past three periods registered 0.15, 0.13, and 0.11 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison