Westpac Banking (WEBNF) Debt to Equity (2017 - 2025)

Westpac Banking (WEBNF) reported Debt to Equity of $0.07 for Q1 2025, down 90.94% on a YoY basis from $0.75 in Q1 2024, and up 144.95% quarter-over-quarter from -$0.15 in Q3 2024.

Westpac Banking (WEBNF) Debt to Equity (2017 - 2025) Analysis & Trends

Westpac Banking has reported Debt to Equity for 9 years, with the latest figure at $0.07 in Q1 2025.

  • For the quarter ending Q1 2025, Debt to Equity fell 90.94% year-over-year to $0.07; the trailing twelve-month figure through Mar 2025 stood at $0.07 (down 90.94% YoY), and the FY2024 full-year result was -$0.15, up 34.78% from the prior year.
  • Debt to Equity for Q1 2025 stood at $0.07, up from -$0.15 in the prior quarter.
  • The five-year high for Debt to Equity was $0.8 in Q3 2022, with the low at -$0.23 in Q3 2023.
  • Historically, Debt to Equity has averaged $0.3 across 5 years, with a median of $0.07 in 2025.
  • Annual changes were most pronounced in 2023 — Debt to Equity sank 129.01% — and 2024, when it surged 16706.25%.
  • Westpac Banking's Debt to Equity stood at $0.7 in 2021, then increased by 14.54% to $0.8 in 2022, then slumped by 129.01% to -$0.23 in 2023, then surged by 34.78% to -$0.15 in 2024, then surged by 144.95% to $0.07 in 2025.
  • The last three Debt to Equity figures came in at $0.07 (Q1 2025), -$0.15 (Q3 2024), and $0.75 (Q1 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Canadian Imperial Bank Of Commerce 1,329,940,501.22 Bn 1,329,940,501.43 Bn - 0.00
2 Hsbc Holdings 37,228.00 Bn 37,228.45 Bn - -
3 Royal Bank Of Canada 2,913.28 Bn 2,841.72 Bn - -
4 Toronto Dominion Bank 959.65 Bn 952.85 Bn - -
5 Bank Of Montreal 416.15 Bn 416.15 Bn - 0.09
6 Bank Of America 390.60 Bn -216.10 Bn 29.24 Bn 1.20
7 Barclays 379.37 Bn -269.24 Bn - -
8 Mitsubishi Ufj Financial 271.88 Bn -414.40 Bn 3.81 Bn 2.26
9 Wells Fargo & Company 252.38 Bn 177.30 Bn - 1.49
10 Westpac Banking - - - -

Historic Data

Download Data
DateValue
Mar 31, 2025 0.07
Sep 30, 2024 -0.15
Mar 31, 2024 0.75
Sep 30, 2023 -0.23
Mar 31, 2023 0.00
Sep 30, 2022 0.80
Mar 31, 2022 0.73
Sep 30, 2021 0.70
Mar 31, 2021 0.05
Sep 30, 2020 0.34
Mar 31, 2020 0.04
Sep 30, 2019 0.01
Mar 31, 2019 0.02
Sep 30, 2018 -0.02
Sep 30, 2017 0.29