Pineapple Financial (PAPL) Debt Ratio (2023 - 2026)

Pineapple Financial's (PAPL) quarterly Debt Ratio came in at 0.0 in Q1 2026, down 99.75% year-on-year from 0.15 in Q1 2025, and down 99.97% quarter-over-quarter from 1.13 in Q4 2025.

Pineapple Financial (PAPL) Debt Ratio (2023 - 2026) Analysis & Trends

Pineapple Financial has disclosed Debt Ratio across 4 years of filings, most recently posting 0.0 for Q1 2026.

  • Debt Ratio for Q1 2026 came in at 0.0, down 99.75% year-over-year; the trailing twelve-month figure through Feb 2026 was 0.0 (down 99.75% YoY), and the FY2025 annual result was 0.12, changed N/A from the prior year.
  • Debt Ratio came in at 0.0 for Q1 2026 at Pineapple Financial, down from 1.13 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 1.13 in Q4 2025 to a low of 0.0 in Q1 2026.
  • The 4-year median for Debt Ratio is 0.12 (2024), against an average of 0.22.
  • Across the five-year window, Debt Ratio soared 850.21% in 2025 and plunged 99.75% in 2026, its largest moves.
  • Pineapple Financial's Debt Ratio stood at 0.08 in 2023, then surged by 47.34% to 0.12 in 2024, then jumped by 850.21% to 1.13 in 2025, then slumped by 99.97% to 0.0 in 2026.
  • The last three Debt Ratio figures came in at 0.0 (Q1 2026), 1.13 (Q4 2025), and 0.12 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Rocket Companies 34.85 Bn 32.16 Bn - 0.27
2 PennyMac Financial Services 4.14 Bn 3.65 Bn 523.89 Mn 0.15
3 Walker & Dunlop 1.73 Bn 1.55 Bn - 0.06
4 UWM Holdings 743.45 Mn 1.57 Bn - 0.10
5 Velocity Financial 668.42 Mn 583.96 Mn - 0.07
6 CNFinance Holdings 591.78 Mn 542.97 Mn - 0.27
7 Better Home & Finance Holding 419.52 Mn 349.24 Mn - 0.13
8 Onity 306.24 Mn 306.24 Mn - 0.08
9 loanDepot 209.70 Mn -4.79 Mn - -
10 Pineapple Financial 85,956.00 -17.81 Mn - 0.00

Historic Data

Download Data
DateValue
Feb 28, 2026 0.00
Nov 30, 2025 1.13
Aug 31, 2025 0.12
May 31, 2025 0.13
Feb 28, 2025 0.15
Nov 30, 2024 0.12
Feb 29, 2024 0.10
Nov 30, 2023 0.08
Aug 31, 2023 0.19