Insmed Debt-to-Equity Ratio Growth & History (INSM)
Insmed's debt-to-equity ratio was 0.79 for fiscal 2025.
View full Insmed company overviewInsmed annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.79 | −3.23 | −80.28% |
| 2024 | 2024-12-31 | 4.03 | — | — |
| 2022 | 2022-12-31 | 13.39 | 11.90 | +797.83% |
| 2021 | 2021-12-31 | 1.49 | 0.02 | +1.65% |
| 2020 | 2020-12-31 | 1.47 | −0.05 | −3.29% |
| 2019 | 2019-12-31 | 1.52 | −0.00 | −0.18% |
| 2018 | 2018-12-31 | 1.52 | 1.37 | +887.63% |
| 2017 | 2017-12-31 | 0.15 | −0.20 | −56.61% |
| 2016 | 2016-12-31 | 0.35 | 0.27 | +339.74% |
| 2015 | 2015-12-31 | 0.08 | −0.05 | −39.57% |
| 2014 | 2014-12-31 | 0.13 | −0.00 | −3.00% |
| 2013 | 2013-12-31 | 0.14 | −0.02 | −14.82% |
| 2012 | 2012-12-31 | 0.16 | 0.16 | +5322.57% |
| 2011 | 2011-12-31 | 0.00 | 0.00 | +250.31% |
| 2010 | 2010-12-31 | 0.00 | — | — |
Insmed quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.77 | 0.31 | +66.24% |
| Q1 2026 | 2026-03-31 | 0.82 | −10.71 | −92.86% |
| Q4 2025 | 2025-12-31 | 0.79 | −3.23 | −80.28% |
| Q3 2025 | 2025-09-30 | 0.61 | −1.46 | −70.53% |
| Q2 2025 | 2025-06-30 | 0.46 | −30.90 | −98.53% |
| Q1 2025 | 2025-03-31 | 11.53 | — | — |
| Q4 2024 | 2024-12-31 | 4.03 | — | — |
| Q3 2024 | 2024-09-30 | 2.07 | — | — |
| Q2 2024 | 2024-06-30 | 31.36 | — | — |
| Q4 2022 | 2022-12-31 | 13.39 | 11.90 | +797.83% |
| Q2 2022 | 2022-06-30 | 18.77 | 17.66 | +1580.25% |
| Q1 2022 | 2022-03-31 | 6.98 | 4.95 | +245.10% |
| Q4 2021 | 2021-12-31 | 1.49 | 0.02 | +1.65% |
| Q3 2021 | 2021-09-30 | 1.19 | 0.07 | +6.40% |
| Q2 2021 | 2021-06-30 | 1.12 | 0.13 | +13.57% |
| Q1 2021 | 2021-03-31 | 2.02 | 0.09 | +4.73% |
| Q4 2020 | 2020-12-31 | 1.47 | −0.05 | −3.29% |
| Q3 2020 | 2020-09-30 | 1.12 | −0.11 | −9.11% |
| Q2 2020 | 2020-06-30 | 0.98 | −0.05 | −4.89% |
| Q1 2020 | 2020-03-31 | 1.93 | −0.61 | −24.07% |
| Q4 2019 | 2019-12-31 | 1.52 | −0.00 | −0.18% |
| Q3 2019 | 2019-09-30 | 1.23 | 0.16 | +15.07% |
| Q2 2019 | 2019-06-30 | 1.03 | 0.21 | +24.82% |
| Q1 2019 | 2019-03-31 | 2.54 | 1.85 | +265.16% |
| Q4 2018 | 2018-12-31 | 1.52 | 1.37 | +887.63% |
| Q3 2018 | 2018-09-30 | 1.07 | 0.94 | +714.03% |
| Q2 2018 | 2018-06-30 | 0.83 | 0.17 | +25.29% |
| Q1 2018 | 2018-03-31 | 0.70 | 0.24 | +54.03% |
| Q4 2017 | 2017-12-31 | 0.15 | −0.20 | −56.61% |
| Q3 2017 | 2017-09-30 | 0.13 | −0.03 | −17.43% |
| Q2 2017 | 2017-06-30 | 0.66 | 0.56 | +567.60% |
| Q1 2017 | 2017-03-31 | 0.45 | 0.36 | +414.98% |
| Q4 2016 | 2016-12-31 | 0.35 | 0.27 | +339.74% |
| Q3 2016 | 2016-09-30 | 0.16 | 0.09 | +115.89% |
| Q2 2016 | 2016-06-30 | 0.10 | 0.03 | +44.79% |
| Q1 2016 | 2016-03-31 | 0.09 | −0.06 | −42.13% |
| Q4 2015 | 2015-12-31 | 0.08 | −0.05 | −39.57% |
| Q3 2015 | 2015-09-30 | 0.07 | −0.03 | −26.18% |
| Q2 2015 | 2015-06-30 | 0.07 | −0.11 | −61.46% |
| Q1 2015 | 2015-03-31 | 0.15 | 0.00 | +0.87% |
| Q4 2014 | 2014-12-31 | 0.13 | −0.00 | −3.00% |
| Q3 2014 | 2014-09-30 | 0.10 | −0.03 | −20.21% |
| Q2 2014 | 2014-06-30 | 0.18 | −0.01 | −4.93% |
| Q1 2014 | 2014-03-31 | 0.15 | −0.03 | −17.12% |
| Q4 2013 | 2013-12-31 | 0.14 | −0.02 | −14.82% |
| Q3 2013 | 2013-09-30 | 0.13 | 0.06 | +96.79% |
| Q2 2013 | 2013-06-30 | 0.19 | 0.11 | +143.48% |
| Q1 2013 | 2013-03-31 | 0.18 | 0.18 | +9347.35% |
| Q4 2012 | 2012-12-31 | 0.16 | 0.16 | +5322.57% |
| Q3 2012 | 2012-09-30 | 0.06 | 0.06 | +8956.57% |
| Q2 2012 | 2012-06-30 | 0.08 | 0.08 | +11012.26% |
| Q1 2012 | 2012-03-31 | 0.00 | — | — |
| Q4 2011 | 2011-12-31 | 0.00 | 0.00 | +250.31% |
| Q3 2011 | 2011-09-30 | 0.00 | — | — |
| Q2 2011 | 2011-06-30 | 0.00 | — | — |
| Q4 2010 | 2010-12-31 | 0.00 | — | — |
Insmed debt-to-equity ratio trends
Over the last five fiscal years, Insmed's debt-to-equity ratio decreased from 1.47 to 0.79, a change of −0.67. The latest reported quarter, Q2 2026, shows 0.77.
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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