J D Wetherspoon Debt-to-Equity Ratio Growth & History (JDW)
J D Wetherspoon's debt-to-equity ratio was 3.29 for fiscal 2025.
View full J D Wetherspoon company overviewJ D Wetherspoon annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-07-27 | 3.29 | 0.46 | +16.07% |
| 2024 | 2024-07-28 | 2.83 | −0.01 | −0.46% |
| 2023 · Jul 30 | 2023-07-30 | 2.84 | −1.34 | −32.10% |
| 2022 | 2022-07-31 | 4.19 | −0.90 | −17.67% |
| 2021 | 2021-07-31 | 5.09 | — | — |
J D Wetherspoon quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2025 | 2025-01-31 | 3.03 | — | — |
J D Wetherspoon debt-to-equity ratio trends
Between the periods ended 2021-07-31 and 2025-07-27, J D Wetherspoon's debt-to-equity ratio decreased from 5.09 to 3.29, a change of −1.80. The latest reported quarter, Q2 2025, shows 3.03.
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 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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