Forrester Research Debt-to-Equity Ratio Growth & History (FORR)
Forrester Research's debt-to-equity ratio was 0.57 for fiscal 2025.
View full Forrester Research company overviewForrester Research annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.57 | 0.25 | +79.74% |
| 2024 | 2024-12-31 | 0.32 | −0.05 | −12.54% |
| 2023 | 2023-12-31 | 0.36 | −0.15 | −29.95% |
| 2022 | 2022-12-31 | 0.52 | −0.23 | −31.24% |
| 2021 | 2021-12-31 | 0.75 | −0.27 | −26.66% |
| 2020 | 2020-12-31 | 1.02 | −0.30 | −22.90% |
| 2019 | 2019-12-31 | 1.33 | — | — |
Forrester Research quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.53 | 0.05 | +9.38% |
| Q1 2026 | 2026-03-31 | 0.59 | 0.12 | +24.58% |
| Q4 2025 | 2025-12-31 | 0.57 | 0.25 | +79.74% |
| Q3 2025 | 2025-09-30 | 0.47 | 0.14 | +44.17% |
| Q2 2025 | 2025-06-30 | 0.48 | 0.14 | +42.64% |
| Q1 2025 | 2025-03-31 | 0.47 | 0.11 | +30.40% |
| Q4 2024 | 2024-12-31 | 0.32 | −0.05 | −12.54% |
| Q3 2024 | 2024-09-30 | 0.33 | −0.06 | −15.39% |
| Q2 2024 | 2024-06-30 | 0.34 | −0.07 | −16.89% |
| Q1 2024 | 2024-03-31 | 0.36 | −0.08 | −17.34% |
| Q4 2023 | 2023-12-31 | 0.36 | −0.15 | −29.95% |
| Q3 2023 | 2023-09-30 | 0.39 | −0.16 | −29.38% |
| Q2 2023 | 2023-06-30 | 0.41 | −0.17 | −29.60% |
| Q1 2023 | 2023-03-31 | 0.44 | −0.23 | −34.31% |
| Q4 2022 | 2022-12-31 | 0.52 | −0.23 | −31.24% |
| Q3 2022 | 2022-09-30 | 0.55 | −0.35 | −38.77% |
| Q2 2022 | 2022-06-30 | 0.58 | −0.34 | −37.41% |
| Q1 2022 | 2022-03-31 | 0.67 | −0.33 | −33.12% |
| Q4 2021 | 2021-12-31 | 0.75 | −0.27 | −26.66% |
| Q3 2021 | 2021-09-30 | 0.89 | −0.22 | −19.90% |
| Q2 2021 | 2021-06-30 | 0.92 | −0.16 | −14.80% |
| Q1 2021 | 2021-03-31 | 1.00 | −0.21 | −17.16% |
| Q4 2020 | 2020-12-31 | 1.02 | −0.30 | −22.90% |
| Q3 2020 | 2020-09-30 | 1.12 | −0.32 | −22.32% |
| Q2 2020 | 2020-06-30 | 1.08 | −0.40 | −26.97% |
| Q1 2020 | 2020-03-31 | 1.20 | −0.40 | −25.11% |
| Q4 2019 | 2019-12-31 | 1.33 | — | — |
| Q3 2019 | 2019-09-30 | 1.44 | — | — |
| Q2 2019 | 2019-06-30 | 1.48 | — | — |
| Q1 2019 | 2019-03-31 | 1.61 | — | — |
Forrester Research debt-to-equity ratio trends
Over the last five fiscal years, Forrester Research's debt-to-equity ratio decreased from 1.02 to 0.57, a change of −0.46. The latest reported quarter, Q2 2026, shows 0.53.
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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