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| Date | Value |
|---|---|
| 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 |