RideNow (RDNW) Debt to Equity (2013 - 2025)
RideNow (RDNW) recorded quarterly Debt to Equity of -$16.61 in Q4 2025, up 44.77% quarter-over-quarter from -$30.07 in Q3 2025, and down 342.74% on a YoY basis from $6.84 in Q4 2024.
RideNow (RDNW) Debt to Equity (2013 - 2025) Analysis & Trends
RideNow's Debt to Equity history runs 13 years deep, the most recent figure standing at -$16.61 for 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 was -$16.61 for Q4 2025 at RideNow, up from -$30.07 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $20.25 in Q1 2021 to a low of -$46.47 in Q2 2025.
- Historically, Debt to Equity has averaged -$1.84 across 5 years, with a median of $1.62 in 2023.
- The sharpest annual moves came in 2022 and 2025: Debt to Equity surged 870.95% in 2022, then plunged 1852.17% in 2025.
- A 5-year view of Debt to Equity shows it 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 slumped by 342.74% to -$16.61 in 2025.
- The last three Debt to Equity figures came in at -$16.61 (Q4 2025), -$30.07 (Q3 2025), and -$46.47 (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 18.05 Bn | 18.09 Bn | 11.57 Mn | -0.21 |
| 2 | Carvana | 9.49 Bn | 7.89 Bn | 1.27 Bn | 1.06 |
| 3 | Carmax | 6.94 Bn | 6.35 Bn | 605.26 Mn | 2.63 |
| 4 | Lithia Motors | 6.76 Bn | 6.78 Bn | 1.42 Bn | 1.02 |
| 5 | Autonation | 6.51 Bn | 6.45 Bn | 1.21 Bn | 0.98 |
| 6 | Rush Enterprises Inc \Tx\ | 5.19 Bn | 4.97 Bn | 343.80 Mn | 0.12 |
| 7 | Valvoline | 4.57 Bn | 4.48 Bn | 187.00 Mn | 4.69 |
| 8 | Openlane | 3.88 Bn | 3.84 Bn | 256.20 Mn | 0.44 |
| 9 | Group 1 Automotive | 3.69 Bn | 3.65 Bn | 877.90 Mn | 1.11 |
| 10 | RideNow | 277.10 Mn | 247.60 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 |