Docusign Debt-to-Equity Ratio Growth & History (DOCU)
Docusign's debt-to-equity ratio was 0.10 for fiscal 2026.
View full Docusign company overviewDocusign annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-01-31 | 0.10 | 0.03 | +55.36% |
| 2025 | 2025-01-31 | 0.06 | −0.06 | −50.93% |
| 2024 | 2024-01-31 | 0.13 | −0.14 | −52.74% |
| 2023 | 2023-01-31 | 0.27 | −2.93 | −91.63% |
| 2022 | 2022-01-31 | 3.20 | 0.46 | +16.95% |
| 2021 | 2021-01-31 | 2.74 | 1.55 | +130.68% |
| 2020 | 2020-01-31 | 1.19 | 0.47 | +66.14% |
| 2019 | 2019-01-31 | 0.71 | — | — |
Docusign quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2027 | 2026-07-31 | 0.11 | 0.04 | +66.85% |
| Q1 2027 | 2026-04-30 | 0.10 | 0.03 | +52.69% |
| Q4 2026 | 2026-01-31 | 0.10 | 0.03 | +55.36% |
| Q3 2026 | 2025-10-31 | 0.08 | 0.01 | +15.56% |
| Q2 2026 | 2025-07-31 | 0.06 | −0.01 | −7.64% |
| Q1 2026 | 2025-04-30 | 0.07 | −0.06 | −45.78% |
| Q4 2025 | 2025-01-31 | 0.06 | −0.06 | −50.93% |
| Q3 2025 | 2024-10-31 | 0.07 | −0.09 | −56.67% |
| Q2 2025 | 2024-07-31 | 0.07 | −0.11 | −61.89% |
| Q1 2025 | 2024-04-30 | 0.12 | −0.09 | −42.63% |
| Q4 2024 | 2024-01-31 | 0.13 | −0.14 | −52.74% |
| Q3 2024 | 2023-10-31 | 0.15 | −1.56 | −91.13% |
| Q2 2024 | 2023-07-31 | 0.18 | −1.92 | −91.36% |
| Q1 2024 | 2023-04-30 | 0.21 | −2.29 | −91.51% |
| Q4 2023 | 2023-01-31 | 0.27 | −2.93 | −91.63% |
| Q3 2023 | 2022-10-31 | 1.71 | −2.03 | −54.31% |
| Q2 2023 | 2022-07-31 | 2.10 | −2.29 | −52.17% |
| Q1 2023 | 2022-04-30 | 2.50 | −1.34 | −34.88% |
| Q4 2022 | 2022-01-31 | 3.20 | 0.46 | +16.95% |
| Q3 2022 | 2021-10-31 | 3.74 | 2.13 | +132.39% |
| Q2 2022 | 2021-07-31 | 4.39 | 3.02 | +220.44% |
| Q1 2022 | 2021-04-30 | 3.84 | 2.55 | +197.84% |
| Q4 2021 | 2021-01-31 | 2.74 | 1.55 | +130.68% |
| Q3 2021 | 2020-10-31 | 1.61 | 0.51 | +46.03% |
| Q2 2021 | 2020-07-31 | 1.37 | 0.28 | +25.26% |
| Q1 2021 | 2020-04-30 | 1.29 | 0.26 | +24.78% |
| Q4 2020 | 2020-01-31 | 1.19 | 0.47 | +66.14% |
| Q3 2020 | 2019-10-31 | 1.10 | 0.57 | +105.29% |
| Q2 2020 | 2019-07-31 | 1.09 | 1.09 | — |
| Q1 2020 | 2019-04-30 | 1.03 | — | — |
| Q4 2019 | 2019-01-31 | 0.71 | — | — |
| Q3 2019 | 2018-10-31 | 0.54 | — | — |
| Q2 2019 | 2018-07-31 | 0.00 | — | — |
Docusign debt-to-equity ratio trends
Over the last five fiscal years, Docusign's debt-to-equity ratio decreased from 2.74 to 0.10, a change of −2.64. The latest reported quarter, Q2 2027, shows 0.11.
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.
Review Docusign source filings ↗