Lyft Debt-to-Equity Ratio Growth & History (LYFT)
Lyft's debt-to-equity ratio was 0.40 for fiscal 2025.
View full Lyft company overviewLyft annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.40 | −0.73 | −64.46% |
| 2024 | 2024-12-31 | 1.13 | −0.95 | −45.70% |
| 2023 | 2023-12-31 | 2.08 | −0.74 | −26.15% |
| 2022 | 2022-12-31 | 2.82 | 2.07 | +277.20% |
| 2021 | 2021-12-31 | 0.75 | 0.14 | +22.62% |
| 2020 | 2020-12-31 | 0.61 | 0.44 | +265.55% |
| 2019 | 2019-12-31 | 0.17 | — | — |
Lyft quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.43 | −0.68 | −61.30% |
| Q1 2026 | 2026-03-31 | 0.43 | −0.57 | −57.40% |
| Q4 2025 | 2025-12-31 | 0.40 | −0.73 | −64.46% |
| Q3 2025 | 2025-09-30 | 2.30 | 1.00 | +77.11% |
| Q2 2025 | 2025-06-30 | 1.10 | −0.40 | −26.72% |
| Q1 2025 | 2025-03-31 | 1.00 | −1.50 | −59.94% |
| Q4 2024 | 2024-12-31 | 1.13 | −0.95 | −45.70% |
| Q3 2024 | 2024-09-30 | 1.30 | −1.09 | −45.70% |
| Q2 2024 | 2024-06-30 | 1.51 | −1.31 | −46.46% |
| Q1 2024 | 2024-03-31 | 2.50 | −0.28 | −10.17% |
| Q4 2023 | 2023-12-31 | 2.08 | −0.74 | −26.15% |
| Q3 2023 | 2023-09-30 | 2.39 | 0.95 | +65.59% |
| Q2 2023 | 2023-06-30 | 2.81 | 1.65 | +140.79% |
| Q1 2023 | 2023-03-31 | 2.78 | 1.81 | +187.05% |
| Q4 2022 | 2022-12-31 | 2.82 | 2.07 | +277.20% |
| Q3 2022 | 2022-09-30 | 1.45 | 0.74 | +106.00% |
| Q2 2022 | 2022-06-30 | 1.17 | 0.42 | +56.50% |
| Q1 2022 | 2022-03-31 | 0.97 | 0.25 | +34.34% |
| Q4 2021 | 2021-12-31 | 0.75 | 0.14 | +22.62% |
| Q3 2021 | 2021-09-30 | 0.70 | 0.19 | +37.08% |
| Q2 2021 | 2021-06-30 | 0.75 | 0.29 | +63.01% |
| Q1 2021 | 2021-03-31 | 0.72 | 0.52 | +252.86% |
| Q4 2020 | 2020-12-31 | 0.61 | 0.44 | +265.55% |
| Q3 2020 | 2020-09-30 | 0.51 | 0.36 | +241.46% |
| Q2 2020 | 2020-06-30 | 0.46 | 0.34 | +287.44% |
| Q1 2020 | 2020-03-31 | 0.20 | — | — |
| Q4 2019 | 2019-12-31 | 0.17 | — | — |
| Q3 2019 | 2019-09-30 | 0.15 | — | — |
| Q2 2019 | 2019-06-30 | 0.12 | — | — |
Lyft debt-to-equity ratio trends
Over the last five fiscal years, Lyft's debt-to-equity ratio decreased from 0.61 to 0.40, a change of −0.21. The latest reported quarter, Q2 2026, shows 0.43.
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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