Arrowhead Pharmaceuticals Debt-to-Equity Ratio Growth & History (ARWR)
Arrowhead Pharmaceuticals's debt-to-equity ratio was 0.24 for fiscal 2025.
View full Arrowhead Pharmaceuticals company overviewArrowhead Pharmaceuticals annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-30 | 0.24 | −0.39 | −62.23% |
| 2024 | 2024-09-30 | 0.63 | 0.21 | +49.11% |
| 2023 | 2023-09-30 | 0.42 | 0.22 | +107.35% |
| 2022 | 2022-09-30 | 0.20 | 0.14 | +227.60% |
| 2021 | 2021-09-30 | 0.06 | 0.02 | +36.50% |
| 2020 | 2020-09-30 | 0.05 | — | — |
| 2015 | 2015-09-30 | 0.01 | 0.00 | +17.89% |
| 2014 | 2014-09-30 | 0.01 | −0.04 | −87.48% |
| 2013 | 2013-09-30 | 0.05 | −0.10 | −68.81% |
| 2012 | 2012-09-30 | 0.15 | — | — |
Arrowhead Pharmaceuticals quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-06-30 | 1.72 | 1.51 | +698.75% |
| Q2 2026 | 2026-03-31 | 1.29 | 1.12 | +668.98% |
| Q1 2026 | 2025-12-31 | 0.19 | −2.01 | −91.24% |
| Q4 2025 | 2025-09-30 | 0.24 | −0.39 | −62.23% |
| Q3 2025 | 2025-06-30 | 0.22 | −0.14 | −39.60% |
| Q2 2025 | 2025-03-31 | 0.17 | −0.08 | −31.94% |
| Q1 2025 | 2024-12-31 | 2.20 | 1.46 | +198.02% |
| Q4 2024 | 2024-09-30 | 0.63 | 0.21 | +49.11% |
| Q3 2024 | 2024-06-30 | 0.36 | 0.13 | +57.54% |
| Q2 2024 | 2024-03-31 | 0.25 | 0.06 | +32.66% |
| Q1 2024 | 2023-12-31 | 0.74 | 0.52 | +239.35% |
| Q4 2023 | 2023-09-30 | 0.42 | 0.22 | +107.35% |
| Q3 2023 | 2023-06-30 | 0.23 | 0.05 | +26.91% |
| Q2 2023 | 2023-03-31 | 0.19 | 0.13 | +227.24% |
| Q1 2023 | 2022-12-31 | 0.22 | 0.15 | +220.59% |
| Q4 2022 | 2022-09-30 | 0.20 | 0.14 | +227.60% |
| Q3 2022 | 2022-06-30 | 0.18 | 0.12 | +223.35% |
| Q2 2022 | 2022-03-31 | 0.06 | 0.00 | +6.00% |
| Q1 2022 | 2021-12-31 | 0.07 | 0.02 | +47.98% |
| Q4 2021 | 2021-09-30 | 0.06 | 0.02 | +36.50% |
| Q3 2021 | 2021-06-30 | 0.06 | 0.01 | +27.52% |
| Q2 2021 | 2021-03-31 | 0.05 | 0.02 | +77.53% |
| Q1 2021 | 2020-12-31 | 0.05 | 0.02 | +54.74% |
| Q4 2020 | 2020-09-30 | 0.05 | — | — |
| Q3 2020 | 2020-06-30 | 0.04 | — | — |
| Q2 2020 | 2020-03-31 | 0.03 | — | — |
| Q1 2020 | 2019-12-31 | 0.03 | — | — |
| Q3 2016 | 2016-06-30 | 0.01 | 0.00 | +60.51% |
| Q2 2016 | 2016-03-31 | 0.01 | 0.00 | +45.91% |
| Q1 2016 | 2015-12-31 | 0.01 | 0.00 | +20.61% |
| Q4 2015 | 2015-09-30 | 0.01 | 0.00 | +17.89% |
| Q3 2015 | 2015-06-30 | 0.01 | 0.00 | +12.43% |
| Q2 2015 | 2015-03-31 | 0.01 | 0.00 | +6.19% |
| Q1 2015 | 2014-12-31 | 0.01 | −0.01 | −57.65% |
| Q4 2014 | 2014-09-30 | 0.01 | −0.04 | −87.48% |
| Q3 2014 | 2014-06-30 | 0.01 | −0.03 | −85.61% |
| Q2 2014 | 2014-03-31 | 0.01 | −0.26 | −97.85% |
| Q1 2014 | 2013-12-31 | 0.01 | −0.15 | −90.78% |
| Q4 2013 | 2013-09-30 | 0.05 | −0.10 | −68.81% |
| Q3 2013 | 2013-06-30 | 0.04 | −0.13 | −76.89% |
| Q2 2013 | 2013-03-31 | 0.26 | 0.13 | +99.89% |
| Q1 2013 | 2012-12-31 | 0.16 | 0.06 | +57.31% |
| Q4 2012 | 2012-09-30 | 0.15 | — | — |
| Q3 2012 | 2012-06-30 | 0.17 | — | — |
| Q2 2012 | 2012-03-31 | 0.13 | — | — |
| Q1 2012 | 2011-12-31 | 0.10 | — | — |
Arrowhead Pharmaceuticals debt-to-equity ratio trends
Over the last five fiscal years, Arrowhead Pharmaceuticals's debt-to-equity ratio increased from 0.05 to 0.24, a change of 0.19. The latest reported quarter, Q3 2026, shows 1.72.
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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