Manchester United annual debt-to-equity ratio
2017
2018
2019
2020
2021
2022
2023
2024
2025
Manchester United Debt-to-Equity Ratio Growth & History (MANU)
Manchester United's debt-to-equity ratio was 3.33 for fiscal 2025.
View full Manchester United company overviewManchester United annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-06-30 | 3.33 | −0.50 | −13.06% |
| 2024 | 2024-06-30 | 3.83 | −2.15 | −35.97% |
| 2023 | 2023-06-30 | 5.99 | 0.96 | +19.14% |
| 2022 | 2022-06-30 | 5.02 | 3.06 | +156.09% |
| 2021 | 2021-06-30 | 1.96 | 0.45 | +30.00% |
| 2020 | 2020-06-30 | 1.51 | 0.28 | +22.55% |
| 2019 | 2019-06-30 | 1.23 | 0.07 | +6.08% |
| 2018 | 2018-06-30 | 1.16 | 0.11 | +10.71% |
| 2017 | 2017-06-30 | 1.05 | — | — |
Manchester United quarterly debt-to-equity ratio
Q4.18
Q2.19
Q4.19
Q2.20
Q4.20
Q2.21
Q4.21
Q2.22
Q4.22
Q2.23
Q4.23
Q2.24
Q4.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-03-31 | 4.21 | 0.56 | +15.25% |
| Q2 2026 | 2025-12-31 | 4.09 | 0.33 | +8.74% |
| Q1 2026 | 2025-09-30 | 4.07 | — | — |
| Q4 2025 | 2025-06-30 | 3.33 | −0.50 | −13.06% |
| Q3 2025 | 2025-03-31 | 3.66 | — | — |
| Q2 2025 | 2024-12-31 | 3.76 | −4.38 | −53.79% |
| Q4 2024 | 2024-06-30 | 3.83 | −2.15 | −35.97% |
| Q2 2024 | 2023-12-31 | 8.14 | 1.35 | +19.93% |
| Q4 2023 | 2023-06-30 | 5.99 | 0.96 | +19.14% |
| Q2 2023 | 2022-12-31 | 6.79 | 4.41 | +185.89% |
| Q4 2022 | 2022-06-30 | 5.02 | 3.06 | +156.09% |
| Q2 2022 | 2021-12-31 | 2.37 | 1.04 | +78.38% |
| Q4 2021 | 2021-06-30 | 1.96 | 0.45 | +30.00% |
| Q2 2021 | 2020-12-31 | 1.33 | 0.25 | +23.39% |
| Q4 2020 | 2020-06-30 | 1.51 | 0.28 | +22.55% |
| Q2 2020 | 2019-12-31 | 1.08 | −0.04 | −3.85% |
| Q4 2019 | 2019-06-30 | 1.23 | 0.07 | +6.08% |
| Q2 2019 | 2018-12-31 | 1.12 | — | — |
| Q4 2018 | 2018-06-30 | 1.16 | — | — |
Manchester United debt-to-equity ratio trends
Over the last five fiscal years, Manchester United's debt-to-equity ratio increased from 1.51 to 3.33, a change of 1.82. The latest reported quarter, Q3 2026, shows 4.21.
About the metric
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.
Calculation and source
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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