Global Industrial Debt-to-Equity Ratio Growth & History (GIC)
Global Industrial's debt-to-equity ratio was 0.33 for fiscal 2025.
View full Global Industrial company overviewGlobal Industrial annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.33 | 0.04 | +11.89% |
| 2024 | 2024-12-31 | 0.30 | −0.08 | −21.00% |
| 2023 | 2023-12-31 | 0.37 | −0.11 | −22.88% |
| 2022 | 2022-12-31 | 0.49 | −0.06 | −10.73% |
| 2021 | 2021-12-31 | 0.54 | −0.28 | −33.65% |
| 2020 | 2020-12-31 | 0.82 | 0.43 | +109.60% |
| 2019 | 2019-12-31 | 0.39 | — | — |
| 2015 | 2015-12-31 | 0.01 | −0.01 | −63.68% |
| 2014 | 2014-12-31 | 0.02 | −0.00 | −18.42% |
| 2013 | 2013-12-31 | 0.03 | −0.01 | −27.20% |
| 2012 | 2012-12-31 | 0.04 | −0.01 | −14.47% |
| 2011 | 2011-12-31 | 0.04 | 0.02 | +74.06% |
| 2010 | 2010-12-31 | 0.02 | — | — |
Global Industrial quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.29 | −0.06 | −17.68% |
| Q1 2026 | 2026-03-31 | 0.31 | 0.03 | +11.32% |
| Q4 2025 | 2025-12-31 | 0.33 | 0.04 | +11.89% |
| Q3 2025 | 2025-09-30 | 0.36 | 0.05 | +17.74% |
| Q2 2025 | 2025-06-30 | 0.35 | 0.02 | +7.60% |
| Q1 2025 | 2025-03-31 | 0.28 | −0.07 | −21.13% |
| Q4 2024 | 2024-12-31 | 0.30 | −0.08 | −21.00% |
| Q3 2024 | 2024-09-30 | 0.31 | −0.09 | −22.35% |
| Q2 2024 | 2024-06-30 | 0.33 | −0.29 | −46.89% |
| Q1 2024 | 2024-03-31 | 0.35 | −0.10 | −22.11% |
| Q4 2023 | 2023-12-31 | 0.37 | −0.11 | −22.88% |
| Q3 2023 | 2023-09-30 | 0.40 | −0.15 | −27.89% |
| Q2 2023 | 2023-06-30 | 0.61 | −0.12 | −16.44% |
| Q1 2023 | 2023-03-31 | 0.45 | −0.14 | −23.54% |
| Q4 2022 | 2022-12-31 | 0.49 | −0.06 | −10.73% |
| Q3 2022 | 2022-09-30 | 0.55 | 0.02 | +4.08% |
| Q2 2022 | 2022-06-30 | 0.73 | 0.11 | +17.83% |
| Q1 2022 | 2022-03-31 | 0.59 | −0.13 | −17.89% |
| Q4 2021 | 2021-12-31 | 0.54 | −0.28 | −33.65% |
| Q3 2021 | 2021-09-30 | 0.53 | 0.00 | +0.73% |
| Q2 2021 | 2021-06-30 | 0.62 | 0.17 | +37.46% |
| Q1 2021 | 2021-03-31 | 0.72 | 0.24 | +51.16% |
| Q4 2020 | 2020-12-31 | 0.82 | 0.43 | +109.60% |
| Q3 2020 | 2020-09-30 | 0.53 | 0.10 | +22.84% |
| Q2 2020 | 2020-06-30 | 0.45 | −0.02 | −4.64% |
| Q1 2020 | 2020-03-31 | 0.48 | 0.05 | +11.16% |
| Q4 2019 | 2019-12-31 | 0.39 | — | — |
| Q3 2019 | 2019-09-30 | 0.43 | — | — |
| Q2 2019 | 2019-06-30 | 0.48 | — | — |
| Q1 2019 | 2019-03-31 | 0.43 | — | — |
| Q3 2016 | 2016-09-30 | 0.00 | −0.00 | −77.03% |
| Q2 2016 | 2016-06-30 | 0.00 | −0.01 | −83.53% |
| Q1 2016 | 2016-03-31 | 0.00 | −0.01 | −60.25% |
| Q4 2015 | 2015-12-31 | 0.01 | −0.01 | −63.68% |
| Q3 2015 | 2015-09-30 | 0.01 | −0.00 | −34.05% |
| Q2 2015 | 2015-06-30 | 0.01 | −0.00 | −22.22% |
| Q1 2015 | 2015-03-31 | 0.01 | −0.00 | −18.34% |
| Q4 2014 | 2014-12-31 | 0.02 | −0.00 | −18.42% |
| Q3 2014 | 2014-09-30 | 0.01 | −0.01 | −36.98% |
| Q2 2014 | 2014-06-30 | 0.01 | −0.01 | −35.69% |
| Q1 2014 | 2014-03-31 | 0.01 | −0.01 | −31.82% |
| Q4 2013 | 2013-12-31 | 0.03 | −0.01 | −27.20% |
| Q3 2013 | 2013-09-30 | 0.01 | −0.00 | −22.82% |
| Q2 2013 | 2013-06-30 | 0.02 | −0.00 | −22.93% |
| Q1 2013 | 2013-03-31 | 0.02 | −0.00 | −12.98% |
| Q4 2012 | 2012-12-31 | 0.04 | −0.01 | −14.47% |
| Q3 2012 | 2012-09-30 | 0.02 | −0.00 | −4.75% |
| Q2 2012 | 2012-06-30 | 0.02 | −0.01 | −25.52% |
| Q1 2012 | 2012-03-31 | 0.02 | — | — |
| Q4 2011 | 2011-12-31 | 0.04 | 0.02 | +74.06% |
| Q3 2011 | 2011-09-30 | 0.02 | — | — |
| Q2 2011 | 2011-06-30 | 0.03 | — | — |
| Q4 2010 | 2010-12-31 | 0.02 | — | — |
Global Industrial debt-to-equity ratio trends
Over the last five fiscal years, Global Industrial's debt-to-equity ratio decreased from 0.82 to 0.33, a change of −0.49. The latest reported quarter, Q2 2026, shows 0.29.
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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