Pineapple Financial (PAPL) Debt to Equity (2023 - 2026)

Pineapple Financial's (PAPL) quarterly Debt to Equity came in at $0.0 in Q1 2026, down 99.91% year-on-year from $0.81 in Q1 2025, and up 100.03% quarter-over-quarter from -$2.18 in Q4 2025.

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

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

  • Debt to Equity for Q1 2026 came in at $0.0, down 99.91% year-over-year; the trailing twelve-month figure through Feb 2026 was $0.0 (down 99.91% YoY), and the FY2025 annual result was $0.69, changed N/A from the prior year.
  • Debt to Equity came in at $0.0 for Q1 2026 at Pineapple Financial, up from -$2.18 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.81 in Q1 2025 to a low of -$2.18 in Q4 2025.
  • The 4-year median for Debt to Equity is $0.36 (2024), against an average of $0.14.
  • Peak annual rise in Debt to Equity reached 348.16% in 2025, while the deepest fall reached 700.04% in 2025.
  • Pineapple Financial's Debt to Equity stood at $0.14 in 2023, then surged by 154.29% to $0.36 in 2024, then sank by 700.04% to -$2.18 in 2025, then soared by 100.03% to $0.0 in 2026.
  • The last three Debt to Equity figures came in at $0.0 (Q1 2026), -$2.18 (Q4 2025), and $0.69 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Rocket Companies 37.42 Bn 34.73 Bn - 0.68
2 PennyMac Financial Services 4.27 Bn 3.77 Bn 523.89 Mn 1.12
3 Walker & Dunlop 1.77 Bn 1.59 Bn - 0.20
4 UWM Holdings 728.84 Mn 1.55 Bn - 1.25
5 Velocity Financial 676.73 Mn 592.27 Mn - 0.72
6 CNFinance Holdings 606.48 Mn 557.67 Mn - 0.77
7 Better Home & Finance Holding 411.40 Mn 341.12 Mn - 23.24
8 Onity 314.31 Mn 314.31 Mn - 2.18
9 loanDepot 211.55 Mn -2.94 Mn - -
10 Pineapple Financial 81,930.94 -17.82 Mn - 0.00

Historic Data

Download Data
DateValue
Feb 28, 2026 0.00
Nov 30, 2025 -2.18
Aug 31, 2025 0.69
May 31, 2025 0.75
Feb 28, 2025 0.81
Nov 30, 2024 0.36
Feb 29, 2024 0.18
Nov 30, 2023 0.14
Aug 31, 2023 0.48