American Eagle Outfitters Debt-to-Equity Ratio Growth & History (AEO)
American Eagle Outfitters's debt-to-equity ratio was 1.03 for fiscal 2025.
View full American Eagle Outfitters company overviewAmerican Eagle Outfitters annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2026-01-31 | 1.03 | 0.19 | +22.54% |
| 2024 | 2025-02-01 | 0.84 | 0.16 | +23.00% |
| 2023 | 2024-02-03 | 0.68 | −0.17 | −20.16% |
| 2022 | 2023-01-28 | 0.86 | −0.41 | −32.61% |
| 2021 | 2022-01-29 | 1.27 | −0.39 | −23.51% |
| 2020 | 2021-01-30 | 1.66 | 0.38 | +29.31% |
| 2019 | 2020-02-01 | 1.28 | — | — |
American Eagle Outfitters quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2026 | 2026-05-02 | 1.14 | −0.06 | −5.10% |
| Q4 2025 | 2026-01-31 | 1.03 | 0.19 | +22.54% |
| Q3 2025 | 2025-11-01 | 1.21 | 0.42 | +52.26% |
| Q2 2025 | 2025-08-02 | 1.29 | 0.51 | +65.61% |
| Q1 2025 | 2025-05-03 | 1.20 | 0.46 | +61.15% |
| Q4 2024 | 2025-02-01 | 0.84 | 0.16 | +23.00% |
| Q3 2024 | 2024-11-02 | 0.80 | 0.09 | +13.31% |
| Q2 2024 | 2024-08-03 | 0.78 | 0.01 | +1.77% |
| Q1 2024 | 2024-05-04 | 0.75 | −0.08 | −9.86% |
| Q4 2023 | 2024-02-03 | 0.68 | −0.17 | −20.16% |
| Q3 2023 | 2023-10-28 | 0.70 | −0.55 | −43.94% |
| Q2 2023 | 2023-07-29 | 0.77 | −0.57 | −42.83% |
| Q1 2023 | 2023-04-29 | 0.83 | −0.53 | −39.00% |
| Q4 2022 | 2023-01-28 | 0.86 | −0.41 | −32.61% |
| Q3 2022 | 2022-10-29 | 1.25 | −0.01 | −0.48% |
| Q2 2022 | 2022-07-30 | 1.34 | −0.00 | −0.16% |
| Q1 2022 | 2022-04-30 | 1.36 | −0.14 | −9.13% |
| Q4 2021 | 2022-01-29 | 1.27 | −0.39 | −23.51% |
| Q3 2021 | 2021-10-30 | 1.26 | −0.49 | −27.81% |
| Q2 2021 | 2021-07-31 | 1.34 | −0.78 | −36.70% |
| Q1 2021 | 2021-05-01 | 1.49 | −0.79 | −34.62% |
| Q4 2020 | 2021-01-30 | 1.66 | 0.38 | +29.31% |
| Q3 2020 | 2020-10-31 | 1.75 | 0.44 | +33.62% |
| Q2 2020 | 2020-08-01 | 2.12 | 0.81 | +61.25% |
| Q1 2020 | 2020-05-02 | 2.28 | 1.00 | +77.57% |
| Q4 2019 | 2020-02-01 | 1.28 | — | — |
| Q3 2019 | 2019-11-02 | 1.31 | — | — |
| Q2 2019 | 2019-08-03 | 1.32 | — | — |
| Q1 2019 | 2019-05-04 | 1.28 | — | — |
American Eagle Outfitters debt-to-equity ratio trends
Over the last five fiscal years, American Eagle Outfitters's debt-to-equity ratio decreased from 1.66 to 1.03, a change of −0.63. The latest reported quarter, Q1 2026, shows 1.14.
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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