Smith & Nephew (SNN) Debt Ratio (2009 - 2025)

Smith & Nephew (SNN) posted quarterly Debt Ratio of 0.3 for Q4 2025, down 3.45% year-on-year from 0.31 in Q4 2024, and down 1.47% on a QoQ basis from 0.31 in Q2 2025.

Smith & Nephew (SNN) Debt Ratio (2009 - 2025) Analysis & Trends

Smith & Nephew (SNN) has reported Debt Ratio for 17 consecutive years, with 0.3 the latest figure, recorded in Q4 2025.

  • Quarterly Debt Ratio fell 3.45% year-over-year to 0.3 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.3 (down 3.45% YoY) and the FY2025 annual result came in at 0.3, down 3.45% from the prior year.
  • Debt Ratio slipped to 0.3 in Q4 2025 per SNN's latest filing, from 0.31 in the prior quarter.
  • Over the last five years, Debt Ratio for SNN reached as high as 226.0 in Q4 2022 and fell as low as 0.3 in Q4 2025.
  • A 5-year average of 68.81 and a median of 0.31 in 2024 frame the typical range for Debt Ratio.
  • Annual changes were most pronounced in 2022 — Debt Ratio surged 58.71% — and 2024, when it tumbled 99.72%.
  • Year by year, Debt Ratio stood at 142.4 in 2021, then jumped by 58.71% to 226.0 in 2022, then sank by 50.44% to 112.0 in 2023, then slumped by 99.72% to 0.31 in 2024, then fell by 3.45% to 0.3 in 2025.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.3, 0.31, and 0.31 for Q4 2025, Q2 2025, and Q4 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 0.31
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 0.32
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 0.30
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 0.25
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 0.04
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn -
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn 0.30
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 0.27
9 Smith & Nephew 25.80 Bn 25.22 Bn - 0.30
10 Steris 20.59 Bn 20.16 Bn 697.10 Mn 0.18

Historic Data

Download Data
DateValue
Dec 31, 2025 0.30
Jun 28, 2025 0.31
Dec 31, 2024 0.31
Jun 29, 2024 0.31
Dec 31, 2023 112.00
Dec 31, 2022 226.00
Dec 31, 2021 142.40
Dec 31, 2020 372.56
Jun 30, 2020 0.26
Dec 31, 2019 282.14
Jun 29, 2019 0.22
Dec 31, 2018 43.09
Jun 30, 2018 0.14
Dec 31, 2017 69.05
Dec 31, 2016 0.22
Dec 31, 2015 0.21
Jun 30, 2015 0.27
Dec 31, 2014 0.30
Sep 30, 2014 0.25
Jun 28, 2014 0.26