Butler National annual debt-to-equity ratio
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2026
Butler National Debt-to-Equity Ratio Growth & History (BUKS)
Butler National's debt-to-equity ratio was 0.41 for fiscal 2026.
View full Butler National company overviewButler National annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-04-30 | 0.41 | −0.19 | −32.19% |
| 2025 | 2025-04-30 | 0.60 | −0.16 | −21.08% |
| 2024 | 2024-04-30 | 0.76 | −0.24 | −23.92% |
| 2023 | 2023-04-30 | 1.00 | −0.26 | −20.67% |
| 2022 | 2022-04-30 | 1.26 | −0.11 | −8.19% |
| 2021 | 2021-04-30 | 1.38 | −0.11 | −7.51% |
| 2020 | 2020-04-30 | 1.49 | 1.29 | +634.49% |
| 2019 | 2019-04-30 | 0.20 | 0.06 | +45.25% |
| 2018 | 2018-04-30 | 0.14 | −0.10 | −41.72% |
| 2017 | 2017-04-30 | 0.24 | −0.11 | −32.07% |
| 2016 | 2016-04-30 | 0.35 | −0.08 | −18.24% |
| 2015 | 2015-04-30 | 0.43 | −0.07 | −14.47% |
| 2014 | 2014-04-30 | 0.50 | −0.20 | −28.34% |
| 2013 | 2013-04-30 | 0.70 | 0.10 | +16.39% |
| 2012 | 2012-04-30 | 0.60 | 0.33 | +120.40% |
| 2011 | 2011-04-30 | 0.27 | — | — |
Butler National quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-04-30 | 0.41 | −0.19 | −32.19% |
| Q3 2026 | 2026-01-31 | 0.46 | −0.19 | −29.76% |
| Q2 2026 | 2025-10-31 | 0.52 | −0.15 | −22.98% |
| Q1 2026 | 2025-07-31 | 0.58 | −0.15 | −20.24% |
| Q4 2025 | 2025-04-30 | 0.60 | −0.16 | −21.08% |
| Q3 2025 | 2025-01-31 | 0.65 | −0.21 | −24.84% |
| Q2 2025 | 2024-10-31 | 0.67 | −0.26 | −27.89% |
| Q1 2025 | 2024-07-31 | 0.73 | −0.35 | −32.52% |
| Q4 2024 | 2024-04-30 | 0.76 | −0.24 | −23.92% |
| Q3 2024 | 2024-01-31 | 0.86 | −0.17 | −16.66% |
| Q2 2024 | 2023-10-31 | 0.93 | −0.18 | −15.91% |
| Q1 2024 | 2023-07-31 | 1.08 | −0.14 | −11.38% |
| Q4 2023 | 2023-04-30 | 1.00 | −0.26 | −20.67% |
| Q3 2023 | 2023-01-31 | 1.04 | −0.30 | −22.52% |
| Q2 2023 | 2022-10-31 | 1.11 | −0.37 | −24.97% |
| Q1 2023 | 2022-07-31 | 1.22 | 0.03 | +2.44% |
| Q4 2022 | 2022-04-30 | 1.26 | −0.11 | −8.19% |
| Q3 2022 | 2022-01-31 | 1.34 | −0.13 | −8.95% |
| Q2 2022 | 2021-10-31 | 1.48 | 0.02 | +1.46% |
| Q1 2022 | 2021-07-31 | 1.19 | −0.30 | −20.30% |
| Q4 2021 | 2021-04-30 | 1.38 | −0.11 | −7.51% |
| Q3 2021 | 2021-01-31 | 1.47 | 0.09 | +6.40% |
| Q2 2021 | 2020-10-31 | 1.46 | 0.03 | +1.82% |
| Q1 2021 | 2020-07-31 | 1.49 | −0.07 | −4.39% |
| Q4 2020 | 2020-04-30 | 1.49 | 1.29 | +634.49% |
| Q3 2020 | 2020-01-31 | 1.38 | 1.24 | +887.20% |
| Q2 2020 | 2019-10-31 | 1.43 | 1.33 | +1371.44% |
| Q1 2020 | 2019-07-31 | 1.56 | — | — |
| Q4 2019 | 2019-04-30 | 0.20 | 0.06 | +45.25% |
| Q3 2019 | 2019-01-31 | 0.14 | −0.02 | −13.57% |
| Q2 2019 | 2018-10-31 | 0.10 | −0.09 | −47.37% |
| Q4 2018 | 2018-04-30 | 0.14 | −0.10 | −41.72% |
| Q3 2018 | 2018-01-31 | 0.16 | −0.00 | −2.05% |
| Q2 2018 | 2017-10-31 | 0.18 | −0.00 | −1.01% |
| Q1 2018 | 2017-07-31 | 0.21 | −0.00 | −1.30% |
| Q4 2017 | 2017-04-30 | 0.24 | −0.11 | −32.07% |
| Q3 2017 | 2017-01-31 | 0.17 | −0.07 | −30.07% |
| Q2 2017 | 2016-10-31 | 0.19 | −0.07 | −28.36% |
| Q1 2017 | 2016-07-31 | 0.21 | −0.07 | −23.61% |
| Q4 2016 | 2016-04-30 | 0.35 | −0.08 | −18.24% |
| Q3 2016 | 2016-01-31 | 0.24 | −0.00 | −1.86% |
| Q2 2016 | 2015-10-31 | 0.26 | 0.02 | +7.61% |
| Q1 2016 | 2015-07-31 | 0.28 | −0.00 | −0.96% |
| Q4 2015 | 2015-04-30 | 0.43 | −0.07 | −14.47% |
| Q3 2015 | 2015-01-31 | 0.24 | −0.14 | −36.91% |
| Q2 2015 | 2014-10-31 | 0.24 | −0.18 | −42.61% |
| Q1 2015 | 2014-07-31 | 0.28 | −0.16 | −36.21% |
| Q4 2014 | 2014-04-30 | 0.50 | −0.20 | −28.34% |
| Q3 2014 | 2014-01-31 | 0.38 | −0.09 | −19.50% |
| Q2 2014 | 2013-10-31 | 0.42 | −0.08 | −15.99% |
| Q1 2014 | 2013-07-31 | 0.44 | 0.04 | +10.93% |
| Q4 2013 | 2013-04-30 | 0.70 | 0.10 | +16.39% |
| Q3 2013 | 2013-01-31 | 0.47 | −0.08 | −14.61% |
| Q2 2013 | 2012-10-31 | 0.50 | 0.25 | +100.83% |
| Q1 2013 | 2012-07-31 | 0.40 | 0.15 | +61.28% |
| Q4 2012 | 2012-04-30 | 0.60 | 0.33 | +120.40% |
| Q3 2012 | 2012-01-31 | 0.56 | — | — |
| Q2 2012 | 2011-10-31 | 0.25 | — | — |
| Q1 2012 | 2011-07-31 | 0.25 | — | — |
| Q4 2011 | 2011-04-30 | 0.27 | — | — |
Butler National debt-to-equity ratio trends
Over the last five fiscal years, Butler National's debt-to-equity ratio decreased from 1.38 to 0.41, a change of −0.97. The latest reported quarter, Q4 2026, shows 0.41.
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 Butler National source filings ↗Community posts
Butler National lifts quarterly revenue 53% with record aerospace backlog
Butler National’s ($BUKS) first-quarter fiscal 2027 revenue increased 53% to $30.8 million. Operating income rose 59% to $7.4 million, and net income increased 43% to $5.3 million, or $0.08 per share. The operating margin improved to approx ...