Xponential Fitness (XPOF) Debt Ratio (2020 - 2026)
Xponential Fitness' Debt Ratio came in at 1.64 for Q2 2026, up 81.9% from 0.90 a year earlier and up 4.9% from the prior quarter.
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Analysis
Xponential Fitness (XPOF) Debt Ratio (2020 - 2026) Analysis & Trends
For FY2025, Xponential Fitness' Debt Ratio was 1.46, up 68.4% from FY2024.
- Debt Ratio has increased in each of the last three years.
- Going back by year, Debt Ratio was 0.87 in FY2024 (+40.5%), 0.62 in FY2023 (+119.3%), 0.28 in FY2022 (-11.2%) and 0.32 in FY2021 (-43.9%).
- The Q2 2026 figure represents the highest quarterly Debt Ratio in data going back to Q4 2020.
- Year-over-year, Debt Ratio has increased for 14 consecutive quarters, with growth averaging 49.9% over the last eight quarters.
- The fastest year-over-year change in Debt Ratio over five years came in Q4 2023 (growth of 119.3%), and the weakest in Q2 2022 (a decline of 52.1%).
- Business Quant data shows XPOF's Debt Ratio at 1.57 (Q1 2026), 1.46 (Q4 2025) and 1.01 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.82 Bn | 11.24 Bn | 1.48 Bn | 0.77 |
| 2 | DraftKings | 17.42 Bn | 13.08 Bn | 551.45 Mn | 0.13 |
| 3 | Flutter Entertainment | 12.92 Bn | 6.67 Bn | 1.71 Bn | 0.42 |
| 4 | Madison Square Garden Sports | 9.97 Bn | 9.56 Bn | 119.21 Mn | 0.17 |
| 5 | Life Time Group Holdings | 8.95 Bn | 8.18 Bn | 412.26 Mn | 0.18 |
| 6 | Wynn Resorts | 8.09 Bn | 1.64 Bn | 758.95 Mn | 0.81 |
| 7 | MGM Resorts International | 7.93 Bn | -255.39 Mn | 1.98 Bn | 0.15 |
| 8 | Caesars Entertainment | 6.03 Bn | 2.66 Bn | 1.50 Bn | 0.37 |
| 9 | Super Group (SGHC) | 5.86 Bn | 3.85 Bn | - | 0.02 |
| 10 | Xponential Fitness | 185.24 Mn | -3.21 Mn | 56.19 Mn | 1.64 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.64 |
| Mar 31, 2026 | 1.57 |
| Dec 31, 2025 | 1.46 |
| Sep 30, 2025 | 1.01 |
| Jun 30, 2025 | 0.90 |
| Mar 31, 2025 | 0.87 |
| Dec 31, 2024 | 0.87 |
| Sep 30, 2024 | 0.74 |
| Jun 30, 2024 | 0.69 |
| Mar 31, 2024 | 0.64 |
| Dec 31, 2023 | 0.62 |
| Sep 30, 2023 | 0.59 |
| Jun 30, 2023 | 0.48 |
| Mar 31, 2023 | 0.54 |
| Dec 31, 2022 | 0.28 |
| Sep 30, 2022 | 0.29 |
| Jun 30, 2022 | 0.28 |
| Mar 31, 2022 | 0.30 |
| Dec 31, 2021 | 0.32 |
| Sep 30, 2021 | 0.26 |
API Access
Xponential Fitness Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=XPOF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "XPOF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=XPOF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();