FGI Industries Debt-to-Equity Ratio Growth & History (FGI)
FGI Industries's debt-to-equity ratio was 1.36 for fiscal 2025.
View full FGI Industries company overviewFGI Industries annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.36 | 0.12 | +9.52% |
| 2024 | 2024-12-31 | 1.25 | 0.33 | +35.52% |
| 2023 | 2023-12-31 | 0.92 | 0.08 | +8.98% |
| 2022 | 2022-12-31 | 0.84 | −2.18 | −72.14% |
| 2021 | 2021-12-31 | 3.03 | — | — |
FGI Industries quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.39 | 0.21 | +17.98% |
| Q1 2026 | 2026-03-31 | 1.51 | 0.36 | +31.73% |
| Q4 2025 | 2025-12-31 | 1.36 | 0.12 | +9.52% |
| Q3 2025 | 2025-09-30 | 1.32 | 0.20 | +18.19% |
| Q2 2025 | 2025-06-30 | 1.18 | 0.17 | +16.83% |
| Q1 2025 | 2025-03-31 | 1.15 | 0.04 | +3.94% |
| Q4 2024 | 2024-12-31 | 1.25 | 0.33 | +35.52% |
| Q3 2024 | 2024-09-30 | 1.12 | 0.12 | +11.48% |
| Q2 2024 | 2024-06-30 | 1.01 | −0.03 | −2.47% |
| Q1 2024 | 2024-03-31 | 1.10 | 0.03 | +2.97% |
| Q4 2023 | 2023-12-31 | 0.92 | 0.08 | +8.98% |
| Q3 2023 | 2023-09-30 | 1.00 | −0.02 | −2.18% |
| Q2 2023 | 2023-06-30 | 1.03 | 0.00 | +0.27% |
| Q1 2023 | 2023-03-31 | 1.07 | −0.11 | −9.44% |
| Q4 2022 | 2022-12-31 | 0.84 | −2.18 | −72.14% |
| Q3 2022 | 2022-09-30 | 1.03 | — | — |
| Q2 2022 | 2022-06-30 | 1.03 | — | — |
| Q1 2022 | 2022-03-31 | 1.18 | — | — |
| Q4 2021 | 2021-12-31 | 3.03 | — | — |
FGI Industries debt-to-equity ratio trends
Between the periods ended 2021-12-31 and 2025-12-31, FGI Industries's debt-to-equity ratio decreased from 3.03 to 1.36, a change of −1.66. The latest reported quarter, Q2 2026, shows 1.39.
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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