Hims & Hers Health Debt-to-Equity Ratio Growth & History (HIMS)

Hims & Hers Health's debt-to-equity ratio was 2.07 for fiscal 2025.

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Hims & Hers Health annual debt-to-equity ratio history

Hims & Hers Health annual debt-to-equity ratio

Fiscal yearPeriod endedDebt-to-equity ratioChangeGrowth
20252025-12-312.072.05+8604.87%
20242024-12-310.02−0.01−17.70%
20232023-12-310.030.01+69.86%
20222022-12-310.020.00+3.91%
20212021-12-310.02

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.

About the metric

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.

Calculation and source

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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