Hims & Hers Health Debt-to-Equity Ratio Growth & History (HIMS)
Hims & Hers Health's debt-to-equity ratio was 2.07 for fiscal 2025.
View full Hims & Hers Health company overviewHims & Hers Health annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 2.07 | 2.05 | +8604.87% |
| 2024 | 2024-12-31 | 0.02 | −0.01 | −17.70% |
| 2023 | 2023-12-31 | 0.03 | 0.01 | +69.86% |
| 2022 | 2022-12-31 | 0.02 | 0.00 | +3.91% |
| 2021 | 2021-12-31 | 0.02 | — | — |
Hims & Hers Health quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 4.77 | 2.92 | +157.07% |
| Q1 2026 | 2026-03-31 | 2.54 | 2.42 | +2098.68% |
| Q4 2025 | 2025-12-31 | 2.07 | 2.05 | +8604.87% |
| Q3 2025 | 2025-09-30 | 1.92 | 1.90 | +7355.71% |
| Q2 2025 | 2025-06-30 | 1.86 | 1.82 | +5754.68% |
| Q1 2025 | 2025-03-31 | 0.12 | 0.08 | +236.23% |
| Q4 2024 | 2024-12-31 | 0.02 | −0.01 | −17.70% |
| Q3 2024 | 2024-09-30 | 0.03 | 0.01 | +81.09% |
| Q2 2024 | 2024-06-30 | 0.03 | 0.02 | +99.31% |
| Q1 2024 | 2024-03-31 | 0.03 | 0.02 | +118.88% |
| Q4 2023 | 2023-12-31 | 0.03 | 0.01 | +69.86% |
| Q3 2023 | 2023-09-30 | 0.01 | −0.00 | −21.97% |
| Q2 2023 | 2023-06-30 | 0.02 | 0.00 | +5.42% |
| Q1 2023 | 2023-03-31 | 0.02 | −0.00 | −0.24% |
| Q4 2022 | 2022-12-31 | 0.02 | 0.00 | +3.91% |
| Q3 2022 | 2022-09-30 | 0.02 | 0.02 | — |
| Q2 2022 | 2022-06-30 | 0.02 | 0.02 | — |
| Q1 2022 | 2022-03-31 | 0.02 | 0.02 | — |
| Q4 2021 | 2021-12-31 | 0.02 | — | — |
| Q3 2021 | 2021-09-30 | 0.00 | — | — |
| Q2 2021 | 2021-06-30 | 0.00 | — | — |
| Q1 2021 | 2021-03-31 | 0.00 | — | — |
Hims & Hers Health debt-to-equity ratio trends
Between the periods ended 2021-12-31 and 2025-12-31, Hims & Hers Health's debt-to-equity ratio increased from 0.02 to 2.07, a change of 2.06. The latest reported quarter, Q2 2026, shows 4.77.
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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