Greggs Debt-to-Equity Ratio Growth & History (GRG)
Greggs's debt-to-equity ratio was 0.76 for fiscal 2025.
View full Greggs company overviewGreggs annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-27 | 0.76 | 0.03 | +4.37% |
| 2024 | 2024-12-28 | 0.73 | 0.13 | +20.87% |
| 2023 | 2023-12-30 | 0.60 | −0.07 | −10.89% |
| 2022 | 2022-12-31 | 0.68 | 0.02 | +2.38% |
| 2021 | 2022-01-01 | 0.66 | −0.25 | −27.25% |
| 2020 | 2021-01-02 | 0.91 | — | — |
Greggs quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | 0.76 | 0.03 | +4.37% |
| Q2 2025 | 2025-06-30 | 0.79 | — | — |
| Q4 2024 | 2024-12-31 | 0.73 | — | — |
Greggs debt-to-equity ratio trends
Over the last five fiscal years, Greggs's debt-to-equity ratio decreased from 0.91 to 0.76, a change of −0.15. The latest reported quarter, Q4 2025, shows 0.76.
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 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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