Sezzle (SEZL) Debt Ratio (2020 - 2026)

Sezzle (SEZL) posted Debt Ratio of 0.27 for Q2 2026, down 16.23% on a QoQ basis from 0.32 in Q1 2026, and down 28.49% year-over-year from 0.37 in Q2 2025.

Analysis

Sezzle (SEZL) Debt Ratio (2020 - 2026) Analysis & Trends

Sezzle has reported Debt Ratio for 7 years, with the latest figure at 0.27 in Q2 2026.

On a quarterly basis, Debt Ratio fell 28.49% year-over-year to 0.27 in Q2 2026; TTM through Jun 2026 was 0.27, a 28.49% decrease from a year earlier, with the FY2025 full-year figure at 0.35, changed 0.36% from the prior year.
Debt Ratio was 0.27 for Q2 2026 at Sezzle, down from 0.32 in the prior quarter.
The five-year high for Debt Ratio was 0.45 in Q4 2023, with the low at 0.23 in Q1 2025.
Average Debt Ratio over 5 years is 0.35, with a median of 0.35 recorded in 2022.
The sharpest annual moves came in 2022 and 2025: Debt Ratio soared 1431.0% in 2022, then plunged 35.77% in 2025.
Over 5 years, Debt Ratio stood at 0.37 in 2022, then increased by 20.42% to 0.45 in 2023, then decreased by 21.68% to 0.35 in 2024, then advanced by 0.36% to 0.35 in 2025, then decreased by 23.89% to 0.27 in 2026.
The last three Debt Ratio figures came in at 0.27 (Q2 2026), 0.32 (Q1 2026), and 0.35 (Q4 2025), per Business Quant data.

Peer Set

Peer Comparison

All peers

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Debt Ratio (Qtr)
1	Block	45.83 Bn	39.37 Bn	3.17 Bn	0.16
2	PayPal Holdings	45.18 Bn	33.92 Bn	-	0.18
3	Corpay	26.12 Bn	19.43 Bn	1.19 Bn	0.59
4	Fiserv	25.09 Bn	24.49 Bn	3.59 Bn	0.34
5	Global Payments	22.62 Bn	17.85 Bn	2.03 Bn	0.37
6	Wex	6.64 Bn	539.91 Mn	463.80 Mn	0.32
7	Shift4 Payments	6.06 Bn	5.82 Bn	446.00 Mn	0.52
8	Aci Worldwide	5.09 Bn	4.92 Bn	181.57 Mn	0.28
9	Paymentus Holdings	4.41 Bn	4.04 Bn	94.31 Mn	-
10	Sezzle	3.92 Bn	3.84 Bn	-	0.27

Historic Data

Download Data

Date	Value
Jun 30, 2026	0.27
Mar 31, 2026	0.32
Dec 31, 2025	0.35
Sep 30, 2025	0.32
Jun 30, 2025	0.37
Mar 31, 2025	0.23
Dec 31, 2024	0.35
Sep 30, 2024	0.37
Jun 30, 2024	0.32
Mar 31, 2024	0.37
Dec 31, 2023	0.45
Sep 30, 2023	0.42
Jun 30, 2023	0.37
Mar 31, 2023	0.38
Dec 31, 2022	0.37
Sep 30, 2022	0.34
Jun 30, 2022	0.36
Mar 31, 2022	0.29
Dec 31, 2021	0.35
Sep 30, 2021	0.02

API Access

Sezzle Debt Ratio API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=debt-ratio&ticker=SEZL&period=max&api_key=YOUR_API_KEY

import requests

url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "SEZL", "period": "max", "api_key": "YOUR_API_KEY"}

data = requests.get(url, params=params).json()

const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=SEZL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();

API documentation

Sezzle (SEZL) Debt Ratio (2020 - 2026)