Teva Pharmaceutical Industries (TEVA) Debt to Equity (2009 - 2026)

Teva Pharmaceutical Industries (TEVA) recorded quarterly Debt to Equity of $2.02 in Q1 2026, down 4.84% on a QoQ basis from $2.12 in Q4 2025, and down 23.92% year-over-year from $2.66 in Q1 2025.

Teva Pharmaceutical Industries (TEVA) Debt to Equity (2009 - 2026) Analysis & Trends

Teva Pharmaceutical Industries has disclosed Debt to Equity across 18 years of filings, most recently posting $2.02 for Q1 2026.

  • Quarterly Debt to Equity fell 23.92% year-over-year to $2.02 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.02 (down 23.92% YoY) and the FY2025 annual result came in at $2.12, down 35.75% from the prior year.
  • Debt to Equity declined to $2.02 in Q1 2026, from $2.12 in the prior quarter.
  • Over five years, Debt to Equity peaked at $3.31 in Q4 2024 and troughed at $2.02 in Q1 2026.
  • A 5-year average of $2.52 and a median of $2.47 in 2022 frame the typical range for Debt to Equity.
  • Annual changes were most pronounced in 2024 — Debt to Equity jumped 35.43% — and 2025, when it slumped 35.75%.
  • Tracing TEVA's Debt to Equity over 5 years: stood at $2.47 in 2022, then slipped by 1.07% to $2.44 in 2023, then soared by 35.43% to $3.31 in 2024, then sank by 35.75% to $2.12 in 2025, then decreased by 4.84% to $2.02 in 2026.
  • Business Quant data shows TEVA's Debt to Equity at $2.02 in Q1 2026, $2.12 in Q4 2025, and $2.32 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Teva Pharmaceutical Industries 38.34 Bn 34.60 Bn 1.97 Bn 2.02
2 Zoetis 33.27 Bn 31.33 Bn 1.62 Bn 2.80
3 United Therapeutics 23.75 Bn 21.60 Bn 648.10 Mn -
4 Aurora Cannabis 17.11 Bn 17.03 Bn 33.43 Mn 0.01
5 Neurocrine Biosciences 16.37 Bn 15.05 Bn 800.70 Mn -
6 Elanco Animal Health 11.78 Bn 11.35 Bn 785.00 Mn 0.61
7 Alkermes 7.05 Bn 6.54 Bn -116.06 Mn 0.86
8 Lantheus Holdings 6.49 Bn 5.99 Bn 230.92 Mn 0.47
9 Hims & Hers Health 6.19 Bn 5.44 Bn 396.79 Mn -
10 Liquidia 5.63 Bn 5.40 Bn 121.79 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 2.02
Dec 31, 2025 2.12
Sep 30, 2025 2.32
Jun 30, 2025 2.52
Mar 31, 2025 2.66
Dec 31, 2024 3.31
Sep 30, 2024 2.97
Jun 30, 2024 2.84
Mar 31, 2024 2.60
Dec 31, 2023 2.44
Sep 30, 2023 2.70
Jun 30, 2023 2.72
Mar 31, 2023 2.43
Dec 31, 2022 2.47
Sep 30, 2022 2.24
Jun 30, 2022 2.25
Mar 31, 2022 2.23
Dec 31, 2021 2.05
Sep 30, 2021 2.07
Jun 30, 2021 2.22