Honest Company Debt-to-Equity Ratio Growth & History (HNST)
Honest Company's debt-to-equity ratio was 0.08 for fiscal 2025.
View full Honest Company company overviewHonest Company annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.08 | −0.04 | −34.02% |
| 2024 | 2024-12-31 | 0.12 | −0.12 | −48.58% |
| 2023 | 2023-12-31 | 0.24 | −0.01 | −5.60% |
| 2022 | 2022-12-31 | 0.26 | 0.05 | +22.62% |
| 2021 | 2021-12-31 | 0.21 | — | — |
Honest Company quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.06 | −0.04 | −39.18% |
| Q1 2026 | 2026-03-31 | 0.07 | −0.04 | −36.12% |
| Q4 2025 | 2025-12-31 | 0.08 | −0.04 | −34.02% |
| Q3 2025 | 2025-09-30 | 0.08 | −0.10 | −54.56% |
| Q2 2025 | 2025-06-30 | 0.09 | −0.11 | −53.08% |
| Q1 2025 | 2025-03-31 | 0.11 | −0.11 | −51.24% |
| Q4 2024 | 2024-12-31 | 0.12 | −0.12 | −48.58% |
| Q3 2024 | 2024-09-30 | 0.18 | −0.09 | −32.98% |
| Q2 2024 | 2024-06-30 | 0.20 | −0.07 | −26.51% |
| Q1 2024 | 2024-03-31 | 0.22 | −0.05 | −17.88% |
| Q4 2023 | 2023-12-31 | 0.24 | −0.01 | −5.60% |
| Q3 2023 | 2023-09-30 | 0.27 | 0.01 | +4.22% |
| Q2 2023 | 2023-06-30 | 0.27 | 0.02 | +6.96% |
| Q1 2023 | 2023-03-31 | 0.27 | 0.02 | +5.93% |
| Q4 2022 | 2022-12-31 | 0.26 | 0.05 | +22.62% |
| Q3 2022 | 2022-09-30 | 0.25 | 0.04 | +20.96% |
| Q2 2022 | 2022-06-30 | 0.25 | 0.04 | +20.13% |
| Q1 2022 | 2022-03-31 | 0.26 | — | — |
| Q4 2021 | 2021-12-31 | 0.21 | — | — |
| Q3 2021 | 2021-09-30 | 0.21 | — | — |
| Q2 2021 | 2021-06-30 | 0.21 | — | — |
Honest Company debt-to-equity ratio trends
Between the periods ended 2021-12-31 and 2025-12-31, Honest Company's debt-to-equity ratio decreased from 0.21 to 0.08, a change of −0.13. The latest reported quarter, Q2 2026, shows 0.06.
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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