Haleon Debt-to-Equity Ratio Growth & History (HLN)
Haleon's debt-to-equity ratio was 0.52 for fiscal 2025.
View full Haleon company overviewHaleon annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.52 | −0.10 | −16.33% |
| 2024 | 2024-12-31 | 0.63 | 0.06 | +10.01% |
| 2023 | 2023-12-31 | 0.57 | −0.07 | −10.93% |
| 2022 | 2022-12-31 | 0.64 | 0.63 | +10049.45% |
| 2021 | 2021-12-31 | 0.01 | — | — |
Haleon quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | 0.52 | −0.10 | −16.33% |
| Q2 2025 | 2025-06-30 | 0.53 | −0.00 | −0.62% |
| Q4 2024 | 2024-12-31 | 0.63 | 0.06 | +10.01% |
| Q2 2024 | 2024-06-30 | 0.53 | −0.07 | −11.02% |
| Q4 2023 | 2023-12-31 | 0.57 | −0.07 | −10.93% |
| Q2 2023 | 2023-06-30 | 0.60 | — | — |
| Q4 2022 | 2022-12-31 | 0.64 | 0.63 | +10049.45% |
| Q4 2021 | 2021-12-31 | 0.01 | — | — |
Haleon debt-to-equity ratio trends
Between the periods ended 2021-12-31 and 2025-12-31, Haleon's debt-to-equity ratio increased from 0.01 to 0.52, a change of 0.52. The latest reported quarter, Q4 2025, shows 0.52.
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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