Unilever (UL) Debt to Equity (2009 - 2025)

Unilever (UL) recorded quarterly Debt to Equity of $1.82 in Q4 2025, up 45.93% quarter-over-quarter from $1.25 in Q2 2025, and up 13.56% on a YoY basis from $1.6 in Q4 2024.

Unilever (UL) Debt to Equity (2009 - 2025) Analysis & Trends

Unilever's Debt to Equity history runs 17 years deep, the most recent figure standing at $1.82 for Q4 2025.

  • In Q4 2025, Debt to Equity rose 13.56% year-over-year to $1.82; the TTM figure through Dec 2025 stood at $1.82 (up 13.56% YoY), while the FY2025 annual figure was $1.82, up 13.56% from the prior year.
  • Debt to Equity was $1.82 for Q4 2025 at Unilever, up from $1.25 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $3.86 in Q4 2022 to a low of $1.04 in Q2 2024.
  • Historically, Debt to Equity has averaged $1.6 across 5 years, with a median of $1.39 in 2021.
  • The sharpest annual moves came in 2021 and 2022: Debt to Equity slumped 85.37% in 2021, then jumped 152.86% in 2022.
  • A 5-year view of Debt to Equity shows it stood at $1.53 in 2021, then surged by 152.86% to $3.86 in 2022, then sank by 57.59% to $1.64 in 2023, then dropped by 2.01% to $1.6 in 2024, then grew by 13.56% to $1.82 in 2025.
  • The last three Debt to Equity figures came in at $1.82 (Q4 2025), $1.25 (Q2 2025), and $1.6 (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Tantech Holdings 611.49 Bn 611.46 Bn - 0.00
2 Procter & Gamble 338.86 Bn 326.78 Bn 10.51 Bn 0.68
3 Unilever 142.58 Bn 132.10 Bn - 1.82
4 Colgate Palmolive 69.08 Bn 68.08 Bn 3.23 Bn 16.33
5 Kenvue 33.68 Bn 33.57 Bn 2.30 Bn 0.82
6 Kimberly Clark 32.46 Bn 32.04 Bn 1.53 Bn 3.70
7 Estee Lauder Companies 30.67 Bn 27.54 Bn 2.84 Bn 1.71
8 Church & Dwight 22.55 Bn 22.05 Bn 681.40 Mn 0.57
9 Clorox 11.54 Bn 10.51 Bn 722.00 Mn 27.03
10 e.l.f. Beauty 3.05 Bn 2.76 Bn 326.45 Mn 0.74

Historic Data

Download Data
DateValue
Dec 31, 2025 1.82
Jun 30, 2025 1.25
Dec 31, 2024 1.60
Jun 30, 2024 1.04
Dec 31, 2023 1.64
Jun 30, 2023 1.09
Dec 31, 2022 3.86
Jun 30, 2022 1.09
Dec 31, 2021 1.53
Jun 30, 2021 1.07
Dec 31, 2020 1.55
Jun 30, 2020 7.31
Dec 31, 2019 2.14
Jun 30, 2019 1.84
Dec 31, 2018 2.35
Jun 30, 2018 13.54
Dec 31, 2017 1.26
Jun 30, 2017 0.87
Dec 31, 2016 1.01
Jun 30, 2016 0.70