Nu Holdings (NU) Debt to Equity (2020 - 2025)

Nu Holdings (NU) recorded quarterly Debt to Equity of $0.56 in Q4 2025, up 119.71% quarter-over-quarter from $0.25 in Q4 2024, and up 119.71% on a YoY basis from $0.25 in Q4 2024.

Nu Holdings (NU) Debt to Equity (2020 - 2025) Analysis & Trends

Nu Holdings' Debt to Equity history runs 6 years deep, the most recent figure standing at $0.56 for Q4 2025.

  • In Q4 2025, Debt to Equity rose 119.71% year-over-year to $0.56; the TTM figure through Dec 2025 stood at $0.56 (up 119.71% YoY), while the FY2025 annual figure was $0.56, up 119.71% from the prior year.
  • Debt to Equity was $0.56 for Q4 2025 at Nu Holdings, up from $0.25 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $12.45 in Q4 2022 to a low of $0.03 in Q4 2021.
  • Historically, Debt to Equity has averaged $2.7 across 5 years, with a median of $0.25 in 2024.
  • The sharpest annual moves came in 2022 and 2023: Debt to Equity jumped 49097.01% in 2022, then plunged 98.3% in 2023.
  • A 5-year view of Debt to Equity shows it stood at $0.03 in 2021, then surged by 49097.01% to $12.45 in 2022, then slumped by 98.3% to $0.21 in 2023, then advanced by 19.67% to $0.25 in 2024, then surged by 119.71% to $0.56 in 2025.
  • The last three Debt to Equity figures came in at $0.56 (Q4 2025), $0.25 (Q4 2024), and $0.21 (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - 3.41
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - 0.66
3 Lloyds Banking 384.13 Bn 384.40 Bn - -
4 First Capital 215.78 Bn 215.63 Bn - -
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 0.13
7 NatWest 168.65 Bn -51.67 Bn - 1.61
8 Shinhan Financial 136.54 Bn 104.11 Bn - 0.19
9 Mizuho Financial 112.02 Bn 112.56 Bn - 3.81
10 Nu Holdings 58.79 Mn -14.98 Bn 1.94 Bn 0.56

Historic Data

Download Data
DateValue
Dec 31, 2025 0.56
Dec 31, 2024 0.25
Dec 31, 2023 0.21
Dec 31, 2022 12.45
Dec 31, 2021 0.03
Dec 31, 2020 0.39