Conduent Debt-to-Equity Ratio Growth & History (CNDT)
Conduent's debt-to-equity ratio was 1.23 for fiscal 2025.
View full Conduent company overviewConduent annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.23 | 0.24 | +23.80% |
| 2024 | 2024-12-31 | 1.00 | −1.41 | −58.52% |
| 2023 | 2023-12-31 | 2.40 | 0.71 | +41.94% |
| 2022 | 2022-12-31 | 1.69 | 0.20 | +13.03% |
| 2021 | 2021-12-31 | 1.50 | −0.03 | −1.88% |
| 2020 | 2020-12-31 | 1.53 | 0.15 | +11.20% |
| 2019 | 2019-12-31 | 1.37 | 0.90 | +192.43% |
| 2018 | 2018-12-31 | 0.47 | −0.09 | −16.32% |
| 2017 | 2017-12-31 | 0.56 | −0.02 | −3.61% |
| 2016 | 2016-12-31 | 0.58 | 0.57 | +8017.07% |
| 2015 | 2015-12-31 | 0.01 | — | — |
Conduent quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.60 | 0.52 | +48.60% |
| Q1 2026 | 2026-03-31 | 1.38 | 0.33 | +30.88% |
| Q4 2025 | 2025-12-31 | 1.23 | 0.24 | +23.80% |
| Q3 2025 | 2025-09-30 | 1.24 | 0.16 | +14.56% |
| Q2 2025 | 2025-06-30 | 1.08 | −0.29 | −21.12% |
| Q1 2025 | 2025-03-31 | 1.05 | −0.86 | −44.94% |
| Q4 2024 | 2024-12-31 | 1.00 | −1.41 | −58.52% |
| Q3 2024 | 2024-09-30 | 1.08 | −1.43 | −57.03% |
| Q2 2024 | 2024-06-30 | 1.37 | −0.30 | −18.13% |
| Q1 2024 | 2024-03-31 | 1.91 | 0.24 | +14.57% |
| Q4 2023 | 2023-12-31 | 2.40 | 0.71 | +41.94% |
| Q3 2023 | 2023-09-30 | 2.51 | 1.22 | +94.58% |
| Q2 2023 | 2023-06-30 | 1.67 | 0.39 | +30.88% |
| Q1 2023 | 2023-03-31 | 1.67 | 0.42 | +33.35% |
| Q4 2022 | 2022-12-31 | 1.69 | 0.20 | +13.03% |
| Q3 2022 | 2022-09-30 | 1.29 | −0.13 | −9.36% |
| Q2 2022 | 2022-06-30 | 1.28 | 0.96 | +300.50% |
| Q1 2022 | 2022-03-31 | 1.25 | 0.92 | +275.68% |
| Q4 2021 | 2021-12-31 | 1.50 | −0.03 | −1.88% |
| Q3 2021 | 2021-09-30 | 1.42 | 1.10 | +336.27% |
| Q2 2021 | 2021-06-30 | 0.32 | −0.01 | −3.15% |
| Q1 2021 | 2021-03-31 | 0.33 | 0.01 | +3.92% |
| Q4 2020 | 2020-12-31 | 1.53 | 0.15 | +11.20% |
| Q3 2020 | 2020-09-30 | 0.33 | 0.11 | +49.02% |
| Q2 2020 | 2020-06-30 | 0.33 | 0.10 | +41.98% |
| Q1 2020 | 2020-03-31 | 0.32 | 0.16 | +99.59% |
| Q4 2019 | 2019-12-31 | 1.37 | 0.90 | +192.43% |
| Q3 2019 | 2019-09-30 | 0.22 | 0.20 | +1400.93% |
| Q2 2019 | 2019-06-30 | 0.23 | 0.21 | +927.48% |
| Q1 2019 | 2019-03-31 | 0.16 | −0.40 | −71.42% |
| Q4 2018 | 2018-12-31 | 0.47 | −0.09 | −16.32% |
| Q3 2018 | 2018-09-30 | 0.01 | −0.59 | −97.57% |
| Q2 2018 | 2018-06-30 | 0.02 | −0.60 | −96.38% |
| Q1 2018 | 2018-03-31 | 0.56 | −0.07 | −10.68% |
| Q4 2017 | 2017-12-31 | 0.56 | −0.02 | −3.61% |
| Q3 2017 | 2017-09-30 | 0.60 | — | — |
| Q2 2017 | 2017-06-30 | 0.62 | — | — |
| Q1 2017 | 2017-03-31 | 0.63 | — | — |
| Q4 2016 | 2016-12-31 | 0.58 | 0.57 | +8017.07% |
| Q4 2015 | 2015-12-31 | 0.01 | — | — |
Conduent debt-to-equity ratio trends
Over the last five fiscal years, Conduent's debt-to-equity ratio decreased from 1.53 to 1.23, a change of −0.29. The latest reported quarter, Q2 2026, shows 1.60.
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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