Fortress Biotech annual debt-to-equity ratio
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2025
Fortress Biotech Debt-to-Equity Ratio Growth & History (FBIO)
Fortress Biotech's debt-to-equity ratio was 1.39 for fiscal 2025.
View full Fortress Biotech company overviewFortress Biotech annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.39 | −1.92 | −58.07% |
| 2024 | 2024-12-31 | 3.31 | −0.31 | −8.53% |
| 2023 | 2023-12-31 | 3.62 | 0.85 | +30.56% |
| 2022 | 2022-12-31 | 2.77 | 2.17 | +356.63% |
| 2021 | 2021-12-31 | 0.61 | 0.38 | +163.91% |
| 2020 | 2020-12-31 | 0.23 | −3.94 | −94.48% |
| 2019 | 2019-12-31 | 4.17 | −41.40 | −90.85% |
| 2018 | 2018-12-31 | 45.58 | 44.29 | +3447.38% |
| 2017 | 2017-12-31 | 1.28 | 0.50 | +63.64% |
| 2016 | 2016-12-31 | 0.79 | 0.36 | +85.90% |
| 2015 | 2015-12-31 | 0.42 | 0.22 | +112.62% |
| 2014 | 2014-12-31 | 0.20 | — | — |
Fortress Biotech 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 | 0.30 | −1.19 | −80.09% |
| Q1 2026 | 2026-03-31 | 0.32 | −2.93 | −90.19% |
| Q4 2025 | 2025-12-31 | 1.39 | −1.92 | −58.07% |
| Q3 2025 | 2025-09-30 | 1.12 | −2.20 | −66.23% |
| Q2 2025 | 2025-06-30 | 1.49 | −3.29 | −68.81% |
| Q1 2025 | 2025-03-31 | 3.25 | −0.29 | −8.28% |
| Q4 2024 | 2024-12-31 | 3.31 | −0.31 | −8.53% |
| Q3 2024 | 2024-09-30 | 3.32 | −0.71 | −17.52% |
| Q2 2024 | 2024-06-30 | 4.78 | 0.61 | +14.70% |
| Q1 2024 | 2024-03-31 | 3.55 | 0.48 | +15.67% |
| Q4 2023 | 2023-12-31 | 3.62 | 0.85 | +30.56% |
| Q3 2023 | 2023-09-30 | 4.03 | 2.16 | +116.13% |
| Q2 2023 | 2023-06-30 | 4.17 | 2.77 | +198.77% |
| Q1 2023 | 2023-03-31 | 3.07 | 1.97 | +178.68% |
| Q4 2022 | 2022-12-31 | 2.77 | 2.17 | +356.63% |
| Q3 2022 | 2022-09-30 | 1.86 | 1.41 | +314.55% |
| Q2 2022 | 2022-06-30 | 1.39 | 1.06 | +314.23% |
| Q1 2022 | 2022-03-31 | 1.10 | 0.72 | +188.07% |
| Q4 2021 | 2021-12-31 | 0.61 | 0.38 | +163.91% |
| Q3 2021 | 2021-09-30 | 0.45 | −0.42 | −48.38% |
| Q2 2021 | 2021-06-30 | 0.34 | −1.56 | −82.26% |
| Q1 2021 | 2021-03-31 | 0.38 | −2.71 | −87.66% |
| Q4 2020 | 2020-12-31 | 0.23 | −3.94 | −94.48% |
| Q3 2020 | 2020-09-30 | 0.87 | −3.61 | −80.58% |
| Q2 2020 | 2020-06-30 | 1.90 | −1.75 | −48.04% |
| Q1 2020 | 2020-03-31 | 3.09 | −2.48 | −44.46% |
| Q4 2019 | 2019-12-31 | 4.17 | −41.40 | −90.85% |
| Q3 2019 | 2019-09-30 | 4.48 | 2.23 | +98.89% |
| Q2 2019 | 2019-06-30 | 3.65 | 1.71 | +88.57% |
| Q1 2019 | 2019-03-31 | 5.57 | 3.48 | +166.25% |
| Q4 2018 | 2018-12-31 | 45.58 | 44.29 | +3447.38% |
| Q3 2018 | 2018-09-30 | 2.25 | 0.43 | +23.48% |
| Q2 2018 | 2018-06-30 | 1.94 | 1.22 | +170.78% |
| Q1 2018 | 2018-03-31 | 2.09 | 1.35 | +180.80% |
| Q4 2017 | 2017-12-31 | 1.28 | 0.50 | +63.64% |
| Q3 2017 | 2017-09-30 | 1.83 | 1.00 | +121.64% |
| Q2 2017 | 2017-06-30 | 0.72 | 0.09 | +13.73% |
| Q1 2017 | 2017-03-31 | 0.75 | 0.27 | +56.50% |
| Q4 2016 | 2016-12-31 | 0.79 | 0.36 | +85.90% |
| Q3 2016 | 2016-09-30 | 0.82 | 0.38 | +83.92% |
| Q2 2016 | 2016-06-30 | 0.63 | 0.20 | +46.33% |
| Q1 2016 | 2016-03-31 | 0.48 | — | — |
| Q4 2015 | 2015-12-31 | 0.42 | 0.22 | +112.62% |
| Q3 2015 | 2015-09-30 | 0.45 | — | — |
| Q2 2015 | 2015-06-30 | 0.43 | — | — |
| Q4 2014 | 2014-12-31 | 0.20 | — | — |
| Q3 2012 | 2012-09-30 | 0.01 | — | — |
Fortress Biotech debt-to-equity ratio trends
Over the last five fiscal years, Fortress Biotech's debt-to-equity ratio increased from 0.23 to 1.39, a change of 1.16. The latest reported quarter, Q2 2026, shows 0.30.
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.
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