Gsk annual net debt
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Gsk Net Debt Growth & History (GSK)
Gsk's net debt was £11.89B for fiscal 2025.
View full Gsk company overviewGsk annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | £11.89B | £1.56B | +15.10% |
| 2024 | 2024-12-31 | £10.33B | −£2.98B | −22.42% |
| 2023 | 2023-12-31 | £13.31B | −£1.17B | −8.09% |
| 2022 | 2022-12-31 | £14.48B | −£2.10B | −12.65% |
| 2021 | 2021-12-31 | £16.58B | £974.0M | +6.24% |
| 2020 | 2020-12-31 | £15.61B | −£5.14B | −24.79% |
| 2019 | 2019-12-31 | £20.75B | £2.98B | +16.75% |
| 2018 | 2018-12-31 | £17.77B | £8.43B | +90.17% |
| 2017 | 2017-12-31 | £9.35B | £438.0M | +4.92% |
| 2016 | 2016-12-31 | £8.91B | £4.01B | +81.89% |
| 2015 | 2015-12-31 | £4.90B | — | — |
Gsk quarterly net debt
Q4.17
Q4.18
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | £15.13B | £1.38B | +10.02% |
| Q1 2026 | 2026-03-31 | £15.61B | — | — |
| Q4 2025 | 2025-12-31 | £11.89B | £1.56B | +15.10% |
| Q3 2025 | 2025-09-30 | £14.45B | — | — |
| Q2 2025 | 2025-06-30 | £13.76B | — | — |
| Q4 2024 | 2024-12-31 | £10.33B | −£2.98B | −22.42% |
| Q4 2023 | 2023-12-31 | £13.31B | −£1.17B | −8.09% |
| Q4 2022 | 2022-12-31 | £14.48B | −£2.10B | −12.65% |
| Q4 2021 | 2021-12-31 | £16.58B | £974.0M | +6.24% |
| Q4 2020 | 2020-12-31 | £15.61B | −£5.14B | −24.79% |
| Q4 2019 | 2019-12-31 | £20.75B | £2.98B | +16.75% |
| Q4 2018 · Dec 31 | 2018-12-31 | £17.77B | £8.43B | +90.17% |
| Q4 2017 · Dec 31 | 2017-12-31 | £9.35B | — | — |
Gsk net debt trends
Over the last five fiscal years, Gsk's net debt decreased from £15.61B to £11.89B, a change of −£3.72B. The latest reported quarter, Q2 2026, shows £15.13B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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