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

Pineapple Financial (PAPL) reported Debt Ratio of 0.28 for Q2 2026, up 109.92% on a YoY basis from 0.13 in Q2 2025, and down 27.18% sequentially from 0.39 in Q1 2026.

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

Pineapple Financial (PAPL) has 4 years of Debt Ratio data on file, last reported at 0.28 in Q2 2026.

  • For the quarter ending Q2 2026, Debt Ratio rose 109.92% year-over-year to 0.28; the trailing twelve-month figure through May 2026 stood at 0.28 (up 109.92% YoY), and the FY2025 full-year result was 0.12, changed N/A from the prior year.
  • Debt Ratio eased to 0.28 in Q2 2026, from 0.39 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 0.08 in Q4 2023.
  • A 4-year average of 0.27 and a median of 0.14 in 2025 frame the typical range for Debt Ratio.
  • Across the five-year window, Debt Ratio jumped 47.34% in 2024 and soared 850.21% in 2025, its largest moves.
  • Tracing PAPL's Debt Ratio over 4 years: stood at 0.08 in 2023, then jumped by 47.34% to 0.12 in 2024, then soared by 850.21% to 1.13 in 2025, then plunged by 74.93% to 0.28 in 2026.
  • Business Quant data shows PAPL's Debt Ratio at 0.28 in Q2 2026, 0.39 in Q1 2026, and 1.13 in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Rocket Companies 38.33 Bn 35.64 Bn - 0.18
2 Federal National Mortgage Association Fannie Mae 35.67 Bn 35.67 Bn - -
3 Federal Home Loan Mortgage 18.11 Bn 13.64 Bn - 0.06
4 PennyMac Financial Services 4.41 Bn 3.76 Bn 523.89 Mn 0.04
5 CNFinance Holdings 3.28 Bn 3.20 Bn - 0.27
6 Walker & Dunlop 1.64 Bn 1.44 Bn - 0.13
7 Velocity Financial 681.36 Mn -6.51 Bn - 0.08
8 UWM Holdings 540.43 Mn 116.43 Mn - 0.00
9 Better Home & Finance Holding 362.34 Mn 298.07 Mn - 0.13
10 Pineapple Financial 28.85 Mn 18.35 Mn - 0.28

Historic Data

Download Data
DateValue
May 31, 2026 0.28
Feb 28, 2026 0.39
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