Harrow Debt-to-Equity Ratio Growth & History (HROW)
Harrow's debt-to-equity ratio was 4.93 for fiscal 2025.
View full Harrow company overviewHarrow annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 4.93 | 1.03 | +26.35% |
| 2024 | 2024-12-31 | 3.91 | 1.18 | +43.04% |
| 2023 | 2023-12-31 | 2.73 | −1.34 | −32.87% |
| 2022 | 2022-12-31 | 4.07 | — | — |
| 2020 | 2020-12-31 | 1.00 | 0.75 | +297.14% |
| 2019 | 2019-12-31 | 0.25 | — | — |
| 2016 | 2016-12-31 | 0.28 | — | — |
| 2014 | 2014-12-31 | 0.01 | 0.01 | — |
| 2013 | 2013-12-31 | 0.00 | 0.00 | — |
| 2012 | 2012-12-31 | 0.00 | — | — |
Harrow quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.55 | −4.68 | −89.48% |
| Q1 2026 | 2026-03-31 | 10.75 | 6.04 | +128.04% |
| Q4 2025 | 2025-12-31 | 4.93 | 1.03 | +26.35% |
| Q3 2025 | 2025-09-30 | 5.36 | 1.21 | +29.06% |
| Q2 2025 | 2025-06-30 | 5.23 | 1.07 | +25.72% |
| Q1 2025 | 2025-03-31 | 4.71 | — | — |
| Q4 2024 | 2024-12-31 | 3.91 | — | — |
| Q3 2024 · Sep 30 | 2024-09-30 | 4.15 | — | — |
| Q2 2024 | 2024-06-30 | 4.16 | — | — |
| Q1 2021 | 2021-03-31 | 0.85 | 0.40 | +89.55% |
| Q4 2020 | 2020-12-31 | 1.00 | 0.75 | +297.14% |
| Q3 2020 | 2020-09-30 | 1.12 | 0.85 | +319.30% |
| Q2 2020 | 2020-06-30 | 1.83 | 1.63 | +832.90% |
| Q1 2020 | 2020-03-31 | 0.45 | 0.24 | +114.91% |
| Q4 2019 | 2019-12-31 | 0.25 | — | — |
| Q3 2019 | 2019-09-30 | 0.27 | −0.56 | −67.80% |
| Q2 2019 | 2019-06-30 | 0.20 | −0.83 | −80.99% |
| Q1 2019 | 2019-03-31 | 0.21 | — | — |
| Q3 2018 | 2018-09-30 | 0.83 | 0.44 | +114.41% |
| Q2 2018 | 2018-06-30 | 1.03 | 0.83 | +403.98% |
| Q3 2017 | 2017-09-30 | 0.39 | −0.60 | −60.80% |
| Q2 2017 | 2017-06-30 | 0.20 | 0.07 | +49.76% |
| Q1 2017 | 2017-03-31 | 0.31 | 0.31 | +18325.97% |
| Q4 2016 | 2016-12-31 | 0.28 | — | — |
| Q3 2016 | 2016-09-30 | 0.98 | 0.97 | +7786.94% |
| Q2 2016 | 2016-06-30 | 0.14 | 0.13 | +1944.96% |
| Q1 2016 | 2016-03-31 | 0.00 | −0.00 | −72.83% |
| Q3 2015 | 2015-09-30 | 0.01 | 0.01 | +162.14% |
| Q2 2015 | 2015-06-30 | 0.01 | 0.01 | +384.73% |
| Q1 2015 | 2015-03-31 | 0.01 | 0.01 | — |
| Q4 2014 | 2014-12-31 | 0.01 | 0.01 | — |
| Q3 2014 | 2014-09-30 | 0.00 | 0.00 | — |
| Q2 2014 | 2014-06-30 | 0.00 | 0.00 | — |
| Q1 2014 | 2014-03-31 | 0.00 | 0.00 | — |
| Q4 2013 | 2013-12-31 | 0.00 | 0.00 | — |
| Q3 2013 | 2013-09-30 | 0.00 | 0.00 | — |
| Q2 2013 | 2013-06-30 | 0.00 | 0.00 | — |
| Q1 2013 | 2013-03-31 | 0.00 | — | — |
| Q4 2012 | 2012-12-31 | 0.00 | — | — |
| Q3 2012 | 2012-09-30 | 0.00 | — | — |
| Q2 2012 | 2012-06-30 | 0.00 | — | — |
Harrow debt-to-equity ratio trends
Over the last five fiscal years, Harrow's debt-to-equity ratio increased from 1.00 to 4.93, a change of 3.93. The latest reported quarter, Q2 2026, shows 0.55.
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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