BrightSpire Capital Debt-to-EBITDA Ratio Growth & History (BRSP)
BrightSpire Capital's debt-to-ebitda ratio was 23.58 for fiscal 2025.
View full BrightSpire Capital company overviewBrightSpire Capital annual debt-to-ebitda ratio history
| Fiscal year | Period ended | Debt-to-EBITDA ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 23.58 | −18.53 | −44.01% |
| 2024 | 2024-12-31 | 42.11 | 27.82 | +194.71% |
| 2023 | 2023-12-31 | 14.29 | −2.51 | −14.92% |
| 2022 | 2022-12-31 | 16.80 | — | — |
| 2018 | 2018-12-31 | 19.94 | 17.52 | +722.15% |
| 2017 | 2017-12-31 | 2.43 | — | — |
BrightSpire Capital quarterly debt-to-ebitda ratio
| Fiscal quarter | Period ended | Debt-to-EBITDA ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 21.51 | 4.48 | +26.34% |
| Q1 2026 | 2026-03-31 | 25.15 | 4.27 | +20.47% |
| Q4 2025 | 2025-12-31 | 23.58 | −18.53 | −44.01% |
| Q3 2025 | 2025-09-30 | 19.97 | −18.14 | −47.60% |
| Q2 2025 | 2025-06-30 | 17.02 | −17.71 | −50.99% |
| Q1 2025 | 2025-03-31 | 20.88 | 2.12 | +11.29% |
| Q4 2024 | 2024-12-31 | 42.11 | 27.82 | +194.71% |
| Q3 2024 | 2024-09-30 | 38.11 | 24.75 | +185.12% |
| Q2 2024 | 2024-06-30 | 34.73 | 18.74 | +117.14% |
| Q1 2024 | 2024-03-31 | 18.76 | 2.02 | +12.06% |
| Q4 2023 | 2023-12-31 | 14.29 | −2.51 | −14.92% |
| Q3 2023 | 2023-09-30 | 13.37 | −4.69 | −25.99% |
| Q2 2023 | 2023-06-30 | 16.00 | −12.10 | −43.07% |
| Q1 2023 | 2023-03-31 | 16.74 | −23.40 | −58.29% |
| Q4 2022 | 2022-12-31 | 16.80 | — | — |
| Q3 2022 | 2022-09-30 | 18.06 | — | — |
| Q2 2022 | 2022-06-30 | 28.10 | — | — |
| Q1 2022 | 2022-03-31 | 40.14 | — | — |
| Q3 2020 | 2020-09-30 | 29.71 | — | — |
| Q2 2019 | 2019-06-30 | 18.48 | 7.25 | +64.53% |
| Q1 2019 | 2019-03-31 | 14.32 | 4.21 | +41.60% |
| Q4 2018 | 2018-12-31 | 19.94 | 17.52 | +722.15% |
| Q3 2018 | 2018-09-30 | 16.64 | — | — |
| Q2 2018 | 2018-06-30 | 11.23 | — | — |
| Q1 2018 | 2018-03-31 | 10.11 | — | — |
| Q4 2017 | 2017-12-31 | 2.43 | — | — |
BrightSpire Capital debt-to-ebitda ratio trends
Between the periods ended 2017-12-31 and 2025-12-31, BrightSpire Capital's debt-to-ebitda ratio increased from 2.43 to 23.58, a change of 21.15. The latest reported quarter, Q2 2026, shows 21.51.
What the debt-to-EBITDA ratio means
Debt-to-EBITDA compares interest-bearing debt with operating earnings before interest, taxes, depreciation, and amortization. It is commonly used to assess leverage, but it is generally unsuitable for banks and other financial companies.
How debt-to-EBITDA is calculated
TickerStat divides period-end total debt by annual EBITDA. Quarterly observations use trailing-12-month EBITDA. Periods with zero or negative EBITDA are excluded because the leverage multiple would not be meaningful. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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