RideNow (RDNW) Debt to Equity (2013 - 2025)

RideNow (RDNW) posted quarterly Debt to Equity of -$16.61 for Q4 2025, down 342.74% year-over-year from $6.84 in Q4 2024, and up 44.77% on a QoQ basis from -$30.07 in Q3 2025.

RideNow (RDNW) Debt to Equity (2013 - 2025) Analysis & Trends

RideNow (RDNW) has reported Debt to Equity for 13 consecutive years, with -$16.61 the latest figure, recorded in Q4 2025.

  • In Q4 2025, Debt to Equity fell 342.74% year-over-year to -$16.61; the TTM figure through Dec 2025 stood at -$16.61 (down 342.74% YoY), while the FY2025 annual figure was -$16.61, down 342.74% from the prior year.
  • Debt to Equity came in at -$16.61 for Q4 2025 at RideNow, up from -$30.07 in the prior quarter.
  • The five-year high for Debt to Equity was $20.25 in Q1 2021, with the low at -$46.47 in Q2 2025.
  • Average Debt to Equity over 5 years is -$1.84, with a median of $1.62 recorded in 2023.
  • Across the five-year window, Debt to Equity surged 870.95% in 2022 and sank 1852.17% in 2025, its largest moves.
  • Year by year, Debt to Equity stood at $0.59 in 2021, then surged by 209.51% to $1.82 in 2022, then soared by 42.92% to $2.6 in 2023, then jumped by 163.4% to $6.84 in 2024, then tumbled by 342.74% to -$16.61 in 2025.
  • According to Business Quant data, Debt to Equity over the past three periods registered -$16.61, -$30.07, and -$46.47 for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Uxin 128.90 Bn 128.96 Bn - -
2 Carvana 48.46 Bn 46.86 Bn 1.27 Bn 1.06
3 Penske Automotive 11.65 Bn 11.59 Bn 1.30 Bn 0.47
4 Carmax 7.34 Bn 7.21 Bn 854.41 Mn 2.63
5 Lithia Motors 6.80 Bn 6.82 Bn 1.42 Bn 1.02
6 Autonation 6.40 Bn 6.33 Bn 1.21 Bn 0.98
7 Rush Enterprises Inc \Tx\ 5.57 Bn 5.35 Bn 343.80 Mn 0.12
8 Valvoline 4.88 Bn 4.79 Bn 187.00 Mn 4.69
9 Asbury Automotive 3.76 Bn 3.73 Bn 726.90 Mn 0.90
10 RideNow 251.29 Mn 221.79 Mn 70.90 Mn -16.61

Historic Data

Download Data
DateValue
Dec 31, 2025 -16.61
Sep 30, 2025 -30.07
Jun 30, 2025 -46.47
Mar 31, 2025 8.01
Dec 31, 2024 6.84
Sep 30, 2024 2.99
Jun 30, 2024 2.65
Mar 31, 2024 2.65
Dec 31, 2023 2.60
Sep 30, 2023 1.55
Jun 30, 2023 1.77
Mar 31, 2023 1.68
Dec 31, 2022 1.82
Sep 30, 2022 0.67
Jun 30, 2022 0.70
Mar 31, 2022 0.72
Dec 31, 2021 0.59
Sep 30, 2021 0.07
Jun 30, 2021 0.89
Mar 31, 2021 20.25