Iridium Communications Debt-to-Equity Ratio Growth & History (IRDM)
Iridium Communications's debt-to-equity ratio was 3.87 for fiscal 2025.
View full Iridium Communications company overviewIridium Communications annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 3.87 | 0.74 | +23.54% |
| 2024 | 2024-12-31 | 3.13 | 1.44 | +85.42% |
| 2023 | 2023-12-31 | 1.69 | 0.35 | +26.58% |
| 2022 | 2022-12-31 | 1.34 | 0.08 | +6.06% |
| 2021 | 2021-12-31 | 1.26 | 0.10 | +8.91% |
| 2020 | 2020-12-31 | 1.16 | −0.07 | −6.07% |
| 2019 | 2019-12-31 | 1.23 | 0.09 | +7.71% |
| 2018 | 2018-12-31 | 1.14 | 0.13 | +12.72% |
| 2017 | 2017-12-31 | 1.01 | −0.33 | −24.34% |
| 2016 | 2016-12-31 | 1.34 | — | — |
Iridium Communications quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 3.73 | −0.09 | −2.39% |
| Q1 2026 | 2026-03-31 | 3.76 | — | — |
| Q4 2025 | 2025-12-31 | 3.87 | 0.74 | +23.54% |
| Q3 2025 | 2025-09-30 | 4.02 | — | — |
| Q2 2025 | 2025-06-30 | 3.82 | — | — |
| Q4 2024 | 2024-12-31 | 3.13 | 1.44 | +85.42% |
| Q4 2023 | 2023-12-31 | 1.69 | 0.35 | +26.58% |
| Q2 2023 | 2023-06-30 | 1.48 | 0.13 | +9.85% |
| Q1 2023 | 2023-03-31 | 1.37 | 0.03 | +2.15% |
| Q4 2022 | 2022-12-31 | 1.34 | 0.08 | +6.06% |
| Q3 2022 | 2022-09-30 | 1.39 | 0.18 | +14.56% |
| Q2 2022 | 2022-06-30 | 1.35 | 0.13 | +10.25% |
| Q1 2022 | 2022-03-31 | 1.34 | 0.16 | +13.33% |
| Q4 2021 | 2021-12-31 | 1.26 | 0.10 | +8.91% |
| Q3 2021 | 2021-09-30 | 1.21 | — | — |
| Q2 2021 | 2021-06-30 | 1.22 | — | — |
| Q1 2021 | 2021-03-31 | 1.18 | — | — |
| Q4 2020 | 2020-12-31 | 1.16 | −0.07 | −6.07% |
| Q4 2019 | 2019-12-31 | 1.23 | 0.09 | +7.71% |
| Q3 2019 | 2019-09-30 | 0.02 | −0.92 | −97.93% |
| Q2 2019 | 2019-06-30 | 0.02 | −0.96 | −97.97% |
| Q1 2019 | 2019-03-31 | 0.02 | −0.99 | −98.01% |
| Q4 2018 | 2018-12-31 | 1.14 | 0.13 | +12.72% |
| Q3 2018 | 2018-09-30 | 0.94 | — | — |
| Q2 2018 | 2018-06-30 | 0.98 | — | — |
| Q1 2018 | 2018-03-31 | 1.01 | — | — |
| Q4 2017 | 2017-12-31 | 1.01 | −0.33 | −24.34% |
| Q4 2016 | 2016-12-31 | 1.34 | — | — |
Iridium Communications debt-to-equity ratio trends
Over the last five fiscal years, Iridium Communications's debt-to-equity ratio increased from 1.16 to 3.87, a change of 2.72. The latest reported quarter, Q2 2026, shows 3.73.
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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