Aegon Debt-to-Equity Ratio Growth & History (AEG)
Aegon's debt-to-equity ratio was 0.23 for fiscal 2025.
View full Aegon company overviewAegon annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.23 | −0.12 | −34.42% |
| 2024 | 2024-12-31 | 0.35 | 0.08 | +29.36% |
| 2023 | 2023-12-31 | 0.27 | −0.12 | −31.40% |
| 2022 | 2022-12-31 | 0.40 | 0.02 | +4.59% |
| 2021 | 2021-12-31 | 0.38 | 0.02 | +5.93% |
| 2020 | 2020-12-31 | 0.36 | −0.04 | −9.25% |
| 2019 | 2019-12-31 | 0.39 | −0.14 | −26.44% |
| 2018 | 2018-12-31 | 0.54 | −0.03 | −5.41% |
| 2017 | 2017-12-31 | 0.57 | 0.03 | +4.68% |
| 2016 | 2016-12-31 | 0.54 | — | — |
Aegon quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.43 | −0.03 | −6.69% |
| Q4 2025 | 2025-12-31 | 0.23 | −0.12 | −34.42% |
| Q2 2025 | 2025-06-30 | 0.46 | 0.12 | +34.16% |
| Q4 2024 | 2024-12-31 | 0.35 | 0.08 | +29.36% |
| Q2 2024 | 2024-06-30 | 0.34 | — | — |
| Q4 2023 | 2023-12-31 | 0.27 | −0.12 | −31.40% |
| Q4 2022 | 2022-12-31 | 0.40 | 0.02 | +4.59% |
| Q2 2022 | 2022-06-30 | 0.48 | — | — |
| Q4 2021 | 2021-12-31 | 0.38 | 0.02 | +5.93% |
| Q4 2020 | 2020-12-31 | 0.36 | −0.04 | −9.25% |
| Q4 2019 | 2019-12-31 | 0.39 | −0.14 | −26.44% |
| Q4 2018 | 2018-12-31 | 0.54 | −0.03 | −5.41% |
| Q4 2017 | 2017-12-31 | 0.57 | 0.03 | +4.68% |
| Q4 2016 | 2016-12-31 | 0.54 | — | — |
Aegon debt-to-equity ratio trends
Over the last five fiscal years, Aegon's debt-to-equity ratio decreased from 0.36 to 0.23, a change of −0.13. The latest reported quarter, Q2 2026, shows 0.43.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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