BGC Group annual debt-to-equity ratio
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2025
BGC Group Debt-to-Equity Ratio Growth & History (BGC)
BGC Group's debt-to-equity ratio was 2.03 for fiscal 2025.
View full BGC Group company overviewBGC Group annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 2.03 | 0.39 | +23.44% |
| 2024 | 2024-12-31 | 1.64 | 0.13 | +8.72% |
| 2023 | 2023-12-31 | 1.51 | −0.30 | −16.57% |
| 2022 | 2022-12-31 | 1.81 | −0.17 | −8.38% |
| 2021 | 2021-12-31 | 1.98 | −0.02 | −1.22% |
| 2020 | 2020-12-31 | 2.00 | 0.02 | +1.17% |
| 2019 | 2019-12-31 | 1.98 | 0.98 | +97.80% |
| 2018 | 2018-12-31 | 1.00 | 0.08 | +9.14% |
| 2017 | 2017-12-31 | 0.92 | 0.10 | +12.34% |
| 2016 | 2016-12-31 | 0.82 | −0.51 | −38.44% |
| 2015 | 2015-12-31 | 1.33 | −0.43 | −24.69% |
| 2014 | 2014-12-31 | 1.76 | 0.88 | +100.15% |
| 2013 | 2013-12-31 | 0.88 | −0.47 | −34.88% |
| 2012 | 2012-12-31 | 1.35 | 0.26 | +23.76% |
| 2011 | 2011-12-31 | 1.09 | — | — |
BGC Group quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.81 | −0.44 | −19.41% |
| Q1 2026 | 2026-03-31 | 1.82 | −0.07 | −3.55% |
| Q4 2025 | 2025-12-31 | 2.03 | 0.39 | +23.44% |
| Q3 2025 | 2025-09-30 | 2.10 | 0.25 | +13.59% |
| Q2 2025 | 2025-06-30 | 2.24 | 0.39 | +21.07% |
| Q1 2025 | 2025-03-31 | 1.89 | 0.69 | +57.59% |
| Q4 2024 | 2024-12-31 | 1.64 | 0.13 | +8.72% |
| Q3 2024 | 2024-09-30 | 1.85 | 0.26 | +16.19% |
| Q2 2024 | 2024-06-30 | 1.85 | −0.25 | −11.96% |
| Q1 2024 | 2024-03-31 | 1.20 | −0.56 | −32.00% |
| Q4 2023 | 2023-12-31 | 1.51 | −0.30 | −16.57% |
| Q3 2023 | 2023-09-30 | 1.59 | −0.25 | −13.43% |
| Q2 2023 | 2023-06-30 | 2.11 | 0.29 | +16.23% |
| Q1 2023 | 2023-03-31 | 1.76 | −0.04 | −2.29% |
| Q4 2022 | 2022-12-31 | 1.81 | −0.17 | −8.38% |
| Q3 2022 | 2022-09-30 | 1.84 | −0.57 | −23.61% |
| Q2 2022 | 2022-06-30 | 1.81 | −0.15 | −7.78% |
| Q1 2022 | 2022-03-31 | 1.80 | −0.09 | −4.84% |
| Q4 2021 | 2021-12-31 | 1.98 | −0.02 | −1.22% |
| Q3 2021 | 2021-09-30 | 2.41 | 0.35 | +17.07% |
| Q2 2021 | 2021-06-30 | 1.96 | −0.15 | −7.12% |
| Q1 2021 | 2021-03-31 | 1.89 | −0.46 | −19.51% |
| Q4 2020 | 2020-12-31 | 2.00 | 0.02 | +1.17% |
| Q3 2020 | 2020-09-30 | 2.06 | 0.26 | +14.68% |
| Q2 2020 | 2020-06-30 | 2.11 | 0.47 | +28.57% |
| Q1 2020 | 2020-03-31 | 2.35 | 0.80 | +51.45% |
| Q4 2019 | 2019-12-31 | 1.98 | 0.98 | +97.80% |
| Q3 2019 | 2019-09-30 | 1.80 | 0.50 | +38.20% |
| Q2 2019 | 2019-06-30 | 1.64 | 0.29 | +21.05% |
| Q1 2019 | 2019-03-31 | 1.55 | −0.02 | −1.37% |
| Q4 2018 | 2018-12-31 | 1.00 | 0.08 | +9.14% |
| Q3 2018 | 2018-09-30 | 1.30 | −1.57 | −54.69% |
| Q2 2018 | 2018-06-30 | 1.36 | −0.00 | −0.33% |
| Q1 2018 | 2018-03-31 | 1.57 | 0.43 | +38.06% |
| Q4 2017 | 2017-12-31 | 0.92 | 0.10 | +12.34% |
| Q3 2017 | 2017-09-30 | 2.87 | 1.78 | +163.16% |
| Q2 2017 | 2017-06-30 | 1.36 | 0.03 | +1.91% |
| Q1 2017 | 2017-03-31 | 1.14 | 0.16 | +16.21% |
| Q4 2016 | 2016-12-31 | 0.82 | −0.51 | −38.44% |
| Q3 2016 | 2016-09-30 | 1.09 | −0.65 | −37.23% |
| Q2 2016 | 2016-06-30 | 1.34 | −0.29 | −17.94% |
| Q1 2016 | 2016-03-31 | 0.98 | −1.68 | −63.19% |
| Q4 2015 | 2015-12-31 | 1.33 | −0.43 | −24.69% |
| Q3 2015 | 2015-09-30 | 1.74 | 0.78 | +82.00% |
| Q2 2015 | 2015-06-30 | 1.63 | 0.65 | +65.63% |
| Q1 2015 | 2015-03-31 | 2.67 | 1.76 | +193.10% |
| Q4 2014 | 2014-12-31 | 1.76 | 0.88 | +100.15% |
| Q3 2014 | 2014-09-30 | 0.95 | 0.07 | +8.50% |
| Q2 2014 | 2014-06-30 | 0.98 | 0.09 | +9.58% |
| Q1 2014 | 2014-03-31 | 0.91 | −0.45 | −32.91% |
| Q4 2013 | 2013-12-31 | 0.88 | −0.47 | −34.88% |
| Q3 2013 | 2013-09-30 | 0.88 | −0.58 | −39.82% |
| Q2 2013 | 2013-06-30 | 0.90 | −0.51 | −36.37% |
| Q1 2013 | 2013-03-31 | 1.36 | 1.17 | +640.80% |
| Q4 2012 | 2012-12-31 | 1.35 | 0.26 | +23.76% |
| Q3 2012 | 2012-09-30 | 1.46 | — | — |
| Q2 2012 | 2012-06-30 | 1.41 | — | — |
| Q1 2012 | 2012-03-31 | 0.18 | — | — |
| Q4 2011 | 2011-12-31 | 1.09 | — | — |
BGC Group debt-to-equity ratio trends
Over the last five fiscal years, BGC Group's debt-to-equity ratio increased from 2.00 to 2.03, a change of 0.03. The latest reported quarter, Q2 2026, shows 1.81.
About the metric
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.
Calculation and source
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.
Review BGC Group source filings ↗