Pagaya Technologies (PGY) Debt Ratio (2021 - 2026)
Pagaya Technologies (PGY) posted quarterly Debt Ratio of 0.28 for Q2 2026, down 15.64% year-over-year from 0.33 in Q2 2025, and down 3.27% quarter-over-quarter from 0.29 in Q1 2026.
Pagaya Technologies (PGY) Debt Ratio (2021 - 2026) Analysis & Trends
Pagaya Technologies (PGY) has reported Debt Ratio for 6 consecutive years, with 0.28 the latest figure, recorded in Q2 2026.
- In Q2 2026, Debt Ratio fell 15.64% year-over-year to 0.28; the TTM figure through Jun 2026 stood at 0.28 (down 15.64% YoY), while the FY2025 annual figure was 0.31, down 6.55% from the prior year.
- Debt Ratio eased to 0.28 in Q2 2026 per PGY's latest filing, from 0.29 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.34 in Q1 2025 and bottomed at 0.13 in Q4 2022.
- Historically, Debt Ratio has averaged 0.28 across 5 years, with a median of 0.29 in 2026.
- Annual changes were most pronounced in 2022 — Debt Ratio jumped 108.05% — and 2026, when it slipped 15.64%.
- Pagaya Technologies' Debt Ratio stood at 0.13 in 2022, then jumped by 68.3% to 0.22 in 2023, then soared by 48.26% to 0.33 in 2024, then slipped by 6.55% to 0.31 in 2025, then slipped by 10.54% to 0.28 in 2026.
- Business Quant data shows PGY's Debt Ratio at 0.28 in Q2 2026, 0.29 in Q1 2026, and 0.31 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 0.05 |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | - |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 0.47 |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 0.00 |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 0.05 |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 0.20 |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 0.21 |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 0.05 |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 0.16 |
| 10 | Pagaya Technologies | 1.70 Bn | 1.45 Bn | 168.33 Mn | 0.28 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.28 |
| Mar 31, 2026 | 0.29 |
| Dec 31, 2025 | 0.31 |
| Sep 30, 2025 | 0.34 |
| Jun 30, 2025 | 0.33 |
| Mar 31, 2025 | 0.34 |
| Dec 31, 2024 | 0.33 |
| Sep 30, 2024 | 0.31 |
| Jun 30, 2024 | 0.28 |
| Mar 31, 2024 | 0.23 |
| Dec 31, 2023 | 0.22 |
| Jun 30, 2023 | 0.18 |
| Dec 31, 2022 | 0.13 |
| Dec 31, 2021 | 0.06 |