i3 Verticals Debt-to-Equity Ratio Growth & History (IIIV)
i3 Verticals's debt-to-equity ratio was 0.01 for fiscal 2025.
View full i3 Verticals company overviewi3 Verticals annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-30 | 0.01 | −0.08 | −87.04% |
| 2024 | 2024-09-30 | 0.09 | −1.61 | −94.42% |
| 2023 | 2023-09-30 | 1.70 | 0.30 | +21.63% |
| 2022 | 2022-09-30 | 1.40 | 0.35 | +32.79% |
| 2021 | 2021-09-30 | 1.05 | 0.47 | +80.63% |
| 2020 | 2020-09-30 | 0.58 | −1.16 | −66.47% |
| 2019 | 2019-09-30 | 1.74 | 0.80 | +85.91% |
| 2018 | 2018-09-30 | 0.94 | — | — |
i3 Verticals quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-06-30 | 0.42 | 0.41 | +2913.13% |
| Q2 2026 | 2026-03-31 | 0.27 | 0.22 | +417.91% |
| Q1 2026 | 2025-12-31 | 0.01 | −0.08 | −86.26% |
| Q4 2025 | 2025-09-30 | 0.01 | −0.08 | −87.04% |
| Q3 2025 | 2025-06-30 | 0.01 | −1.53 | −99.09% |
| Q2 2025 | 2025-03-31 | 0.05 | −1.49 | −96.61% |
| Q1 2025 | 2024-12-31 | 0.09 | −1.52 | −94.23% |
| Q4 2024 | 2024-09-30 | 0.09 | −1.61 | −94.42% |
| Q3 2024 | 2024-06-30 | 1.54 | −0.28 | −15.50% |
| Q2 2024 | 2024-03-31 | 1.54 | −0.27 | −14.99% |
| Q1 2024 | 2023-12-31 | 1.62 | −0.22 | −11.85% |
| Q4 2023 | 2023-09-30 | 1.70 | 0.30 | +21.63% |
| Q3 2023 | 2023-06-30 | 1.82 | 0.23 | +14.72% |
| Q2 2023 | 2023-03-31 | 1.81 | 0.30 | +19.70% |
| Q1 2023 | 2022-12-31 | 1.83 | 0.49 | +36.81% |
| Q4 2022 | 2022-09-30 | 1.40 | 0.35 | +32.79% |
| Q3 2022 | 2022-06-30 | 1.59 | 0.45 | +39.68% |
| Q2 2022 | 2022-03-31 | 1.51 | 0.54 | +55.65% |
| Q1 2022 | 2021-12-31 | 1.34 | 0.41 | +44.53% |
| Q4 2021 | 2021-09-30 | 1.05 | 0.47 | +80.63% |
| Q3 2021 | 2021-06-30 | 1.14 | −0.12 | −9.85% |
| Q2 2021 | 2021-03-31 | 0.97 | −0.22 | −18.74% |
| Q1 2021 | 2020-12-31 | 0.93 | −0.66 | −41.76% |
| Q4 2020 | 2020-09-30 | 0.58 | −1.16 | −66.47% |
| Q3 2020 | 2020-06-30 | 1.26 | −0.48 | −27.61% |
| Q2 2020 | 2020-03-31 | 1.20 | −0.64 | −34.72% |
| Q1 2020 | 2019-12-31 | 1.59 | 0.26 | +19.16% |
| Q4 2019 | 2019-09-30 | 1.74 | 0.80 | +85.91% |
| Q3 2019 | 2019-06-30 | 1.74 | 0.82 | +88.82% |
| Q2 2019 | 2019-03-31 | 1.83 | — | — |
| Q1 2019 | 2018-12-31 | 1.34 | — | — |
| Q4 2018 | 2018-09-30 | 0.94 | — | — |
| Q3 2018 | 2018-06-30 | 0.92 | — | — |
i3 Verticals debt-to-equity ratio trends
Over the last five fiscal years, i3 Verticals's debt-to-equity ratio decreased from 0.58 to 0.01, a change of −0.57. The latest reported quarter, Q3 2026, shows 0.42.
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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