Westpac Banking (WEBNF) Debt to Equity (2009 - 2025)

Westpac Banking (WEBNF) posted Debt to Equity of $10.33 for Q1 2025, down 2.32% quarter-over-quarter from $10.58 in Q3 2024, and up 6.15% year-on-year from $9.73 in Q1 2024.

Westpac Banking (WEBNF) Debt to Equity (2009 - 2025) Analysis & Trends

Westpac Banking (WEBNF) has reported Debt to Equity for 15 consecutive years, with $10.33 the latest figure, recorded in Q1 2025.

  • Debt to Equity for Q1 2025 came in at $10.33, up 6.15% year-over-year; the trailing twelve-month figure through Mar 2025 was $10.33 (up 6.15% YoY), and the FY2024 annual result was $10.58, up 4.69% from the prior year.
  • Debt to Equity was $10.33 for Q1 2025 at Westpac Banking, down from $10.58 in the prior quarter.
  • Over five years, Debt to Equity peaked at $10.58 in Q3 2024 and troughed at $8.73 in Q1 2021.
  • Average Debt to Equity over 5 years is $9.67, with a median of $9.73 recorded in 2024.
  • Year-over-year, Debt to Equity advanced 10.15% in 2023 and slipped 4.0% in 2024.
  • Over 5 years, Debt to Equity stood at $8.77 in 2021, then advanced by 7.52% to $9.43 in 2022, then gained by 7.17% to $10.11 in 2023, then grew by 4.69% to $10.58 in 2024, then retreated by 2.32% to $10.33 in 2025.
  • Per Business Quant data, the three most recent Debt to Equity figures were $10.33 in Q1 2025, $10.58 in Q3 2024, and $9.73 in Q1 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Hsbc Holdings 1,641.64 Bn 1,642.09 Bn - -
2 Bank Of America 423.61 Bn -183.09 Bn 29.24 Bn 1.20
3 Wells Fargo & Company 264.70 Bn 189.62 Bn - 1.49
4 Citigroup 256.70 Bn -1,928.30 Bn 19.85 Bn 1.78
5 UBS Group AG 156.73 Bn 156.73 Bn - -
6 Bank of New York Mellon 100.92 Bn 44.00 Bn - 0.33
7 Jpmorgan Chase 93.06 Bn 120.14 Bn - 2.16
8 Sumitomo Mitsui Financial 92.45 Bn 93.39 Bn - 0.07
9 Bank of N.T. Butterfield & Son 2.40 Bn -454.67 Mn 152.73 Mn 0.12
10 Westpac Banking - - - -

Historic Data

Download Data
DateValue
Mar 31, 2025 10.33
Sep 30, 2024 10.58
Mar 31, 2024 9.73
Sep 30, 2023 10.11
Mar 31, 2023 10.14
Sep 30, 2022 10.15
Mar 31, 2022 9.21
Sep 30, 2021 9.39
Mar 31, 2021 8.18
Sep 30, 2020 8.82
Mar 31, 2020 9.13
Sep 30, 2019 8.61
Mar 31, 2019 8.70
Sep 30, 2018 8.64
Sep 30, 2017 11.02
Sep 30, 2016 11.64
Sep 30, 2013 9.36
Sep 30, 2012 0.13
Sep 30, 2011 0.23
Mar 31, 2011 0.24