Growth Metrics

Waterdrop (WDH) Debt to Equity (2020 - 2025)

Waterdrop's quarterly Debt to Equity came in at $0.01 in Q4 2025, down 77.94% year-on-year from $0.04 in Q4 2024, and up 1126.31% quarter-over-quarter from $0.0 in Q3 2025.

Waterdrop has reported Debt to Equity for 6 years, with the latest figure at $0.01 in Q4 2025.

  • For the quarter ending Q4 2025, Debt to Equity fell 77.94% year-over-year to $0.01; the trailing twelve-month figure through Dec 2025 stood at $0.01 (down 77.94% YoY), and the FY2025 full-year result was $0.01, down 78.25% from the prior year.
  • Debt to Equity for Q4 2025 stood at $0.01, up from $0.0 in the prior quarter.
  • The five-year high for Debt to Equity was $0.04 in Q4 2024, with the low at $0.0 in Q3 2025.
  • Average Debt to Equity over 5 years is $0.01, with a median of $0.0 recorded in 2023.
  • Year-over-year, Debt to Equity soared 1137.51% in 2023 and sank 77.94% in 2025.
  • Tracing WDH's Debt to Equity over 5 years: stood at $0.01 in 2021, then sank by 52.9% to $0.0 in 2022, then soared by 1137.51% to $0.03 in 2023, then soared by 37.85% to $0.04 in 2024, then slumped by 77.94% to $0.01 in 2025.
  • The last three Debt to Equity figures came in at $0.01 (Q4 2025), $0.0 (Q3 2025), and $0.0 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 American International 39.62 Bn 784.91 Mn 2.60 Bn -
2 Hartford Insurance 34.97 Bn 25.91 Bn 2.15 Bn -
3 Aegon 34.55 Bn 34.55 Bn - -
4 Arch Capital 31.37 Bn 30.45 Bn 4.02 Bn 0.11
5 Fidelis Insurance Holdings 2.04 Bn 2.04 Bn 386.80 Mn -
6 International General Insurance Holdings 1.03 Bn 811.79 Mn 70.90 Mn -
7 Waterdrop 762.05 Mn 690.71 Mn 129.34 Mn 0.01
8 Exzeo 1.28 Mn -230.11 Mn 32.74 Mn -
9 Sun Life Financial 43.53 -7.92 Bn - 0.42
10 Sun Life Financial - - - 0.42

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 0.01
Sep 30, 2025 0.00
Jun 30, 2025 0.00
Mar 31, 2025 0.00
Dec 31, 2024 0.04
Sep 30, 2024 0.00
Jun 30, 2024 0.00
Mar 31, 2024 0.00
Dec 31, 2023 0.03
Sep 30, 2023 0.00
Jun 30, 2023 0.00
Mar 31, 2023 0.00
Dec 31, 2022 0.00
Sep 30, 2022 0.00
Jun 30, 2022 0.00
Mar 31, 2022 0.00
Dec 31, 2021 0.01
Sep 30, 2021 0.01
Jun 30, 2021 0.00
Dec 31, 2020 -0.01