Strategy (MSTR) Debt Ratio (2020 - 2026)
Strategy (MSTR) reported Debt Ratio of 0.15 for Q1 2026, down 18.52% on a YoY basis from 0.19 in Q1 2025, and up 13.67% sequentially from 0.13 in Q4 2025.
Strategy (MSTR) Debt Ratio (2020 - 2026) Analysis & Trends
Strategy (MSTR) has 7 years of Debt Ratio data on file, last reported at 0.15 in Q1 2026.
- For the quarter ending Q1 2026, Debt Ratio fell 18.52% year-over-year to 0.15; the trailing twelve-month figure through Mar 2026 stood at 0.15 (down 18.52% YoY), and the FY2025 full-year result was 0.13, down 52.25% from the prior year.
- Debt Ratio grew to 0.15 in Q1 2026, 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 0.56 in 2024 frame the typical range for Debt Ratio.
- Across the five-year window, Debt Ratio soared 62.91% in 2022 and tumbled 78.01% in 2025, its largest moves.
- Tracing MSTR's Debt Ratio over 5 years: stood at 0.99 in 2022, then plunged by 53.56% to 0.46 in 2023, then slumped by 39.29% to 0.28 in 2024, then sank by 52.25% to 0.13 in 2025, then climbed by 13.67% to 0.15 in 2026.
- Business Quant data shows MSTR's Debt Ratio at 0.15 in Q1 2026, 0.13 in Q4 2025, and 0.11 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 0.08 |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | 0.00 |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | - |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 0.18 |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 0.37 |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 0.24 |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 0.06 |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | - |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 0.24 |
| 10 | Strategy | 31.26 Bn | 29.06 Bn | 83.35 Mn | 0.15 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.15 |
| Dec 31, 2025 | 0.13 |
| Sep 30, 2025 | 0.11 |
| Jun 30, 2025 | 0.13 |
| Mar 31, 2025 | 0.19 |
| Dec 31, 2024 | 0.28 |
| Sep 30, 2024 | 0.50 |
| Jun 30, 2024 | 0.57 |
| Mar 31, 2024 | 0.56 |
| Dec 31, 2023 | 0.46 |
| Sep 30, 2023 | 0.65 |
| Jun 30, 2023 | 0.65 |
| Mar 31, 2023 | 0.72 |
| Dec 31, 2022 | 0.99 |
| Sep 30, 2022 | 0.93 |
| Jun 30, 2022 | 0.92 |
| Mar 31, 2022 | 0.65 |
| Dec 31, 2021 | 0.61 |
| Sep 30, 2021 | 0.72 |
| Jun 30, 2021 | 0.82 |