Mercer International Debt-to-Equity Ratio Growth & History (MERC)
Mercer International's debt-to-equity ratio was 24.69 for fiscal 2025.
View full Mercer International company overviewMercer International annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 24.69 | 21.13 | +593.70% |
| 2024 | 2024-12-31 | 3.56 | 0.93 | +35.48% |
| 2023 | 2023-12-31 | 2.63 | 0.94 | +56.05% |
| 2022 | 2022-12-31 | 1.68 | −0.21 | −10.88% |
| 2021 | 2021-12-31 | 1.89 | −0.18 | −8.90% |
| 2020 | 2020-12-31 | 2.07 | 0.01 | +0.54% |
| 2019 | 2019-12-31 | 2.06 | 0.22 | +11.99% |
| 2018 | 2018-12-31 | 1.84 | 0.06 | +3.36% |
| 2017 | 2017-12-31 | 1.78 | 0.09 | +5.53% |
| 2016 | 2016-12-31 | 1.69 | 0.00 | +0.06% |
| 2015 | 2015-12-31 | 1.69 | 0.13 | +8.10% |
| 2014 | 2014-12-31 | 1.56 | −1.20 | −43.38% |
| 2013 | 2013-12-31 | 2.76 | 0.34 | +14.08% |
| 2012 | 2012-12-31 | 2.42 | — | — |
Mercer International quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | 24.69 | 21.13 | +593.70% |
| Q3 2025 | 2025-09-30 | 4.37 | 1.24 | +39.62% |
| Q2 2025 | 2025-06-30 | 3.46 | 0.21 | +6.30% |
| Q1 2025 | 2025-03-31 | 3.48 | 0.63 | +21.98% |
| Q4 2024 | 2024-12-31 | 3.56 | 0.93 | +35.48% |
| Q3 2024 | 2024-09-30 | 3.13 | 0.70 | +28.95% |
| Q2 2024 | 2024-06-30 | 3.26 | 1.31 | +67.14% |
| Q1 2024 | 2024-03-31 | 2.85 | 1.15 | +67.38% |
| Q4 2023 | 2023-12-31 | 2.63 | 0.94 | +56.05% |
| Q3 2023 | 2023-09-30 | 2.43 | 0.54 | +28.61% |
| Q2 2023 | 2023-06-30 | 1.95 | 0.27 | +16.01% |
| Q1 2023 | 2023-03-31 | 1.70 | 0.04 | +2.10% |
| Q4 2022 | 2022-12-31 | 1.68 | −0.21 | −10.88% |
| Q3 2022 | 2022-09-30 | 1.89 | −0.06 | −3.33% |
| Q2 2022 | 2022-06-30 | 1.68 | −0.35 | −17.09% |
| Q1 2022 | 2022-03-31 | 1.67 | −0.55 | −24.79% |
| Q4 2021 | 2021-12-31 | 1.89 | −0.18 | −8.90% |
| Q3 2021 | 2021-09-30 | 1.95 | −0.18 | −8.48% |
| Q2 2021 | 2021-06-30 | 2.03 | −0.33 | −13.92% |
| Q1 2021 | 2021-03-31 | 2.22 | −0.34 | −13.31% |
| Q4 2020 | 2020-12-31 | 2.07 | 0.01 | +0.54% |
| Q3 2020 | 2020-09-30 | 2.13 | 0.40 | +23.34% |
| Q2 2020 | 2020-06-30 | 2.35 | 0.77 | +48.33% |
| Q1 2020 | 2020-03-31 | 2.56 | 0.86 | +51.09% |
| Q4 2019 | 2019-12-31 | 2.06 | 0.22 | +11.99% |
| Q3 2019 | 2019-09-30 | 1.73 | 0.51 | +41.41% |
| Q2 2019 | 2019-06-30 | 1.59 | 0.29 | +22.14% |
| Q1 2019 | 2019-03-31 | 1.69 | 0.52 | +44.56% |
| Q4 2018 | 2018-12-31 | 1.84 | 0.06 | +3.36% |
| Q3 2018 | 2018-09-30 | 1.22 | −0.12 | −9.03% |
| Q2 2018 | 2018-06-30 | 1.30 | −0.20 | −13.39% |
| Q1 2018 | 2018-03-31 | 1.17 | −0.45 | −27.57% |
| Q4 2017 | 2017-12-31 | 1.78 | 0.09 | +5.53% |
| Q3 2017 | 2017-09-30 | 1.34 | −0.15 | −9.82% |
| Q2 2017 | 2017-06-30 | 1.50 | −0.04 | −2.67% |
| Q1 2017 | 2017-03-31 | 1.62 | 0.21 | +14.90% |
| Q4 2016 | 2016-12-31 | 1.69 | 0.00 | +0.06% |
| Q3 2016 | 2016-09-30 | 1.49 | −0.22 | −12.64% |
| Q2 2016 | 2016-06-30 | 1.54 | −0.21 | −12.03% |
| Q1 2016 | 2016-03-31 | 1.41 | −0.60 | −29.77% |
| Q4 2015 | 2015-12-31 | 1.69 | 0.13 | +8.10% |
| Q3 2015 | 2015-09-30 | 1.71 | −0.08 | −4.40% |
| Q2 2015 | 2015-06-30 | 1.75 | −0.44 | −19.91% |
| Q1 2015 | 2015-03-31 | 2.00 | −0.56 | −21.70% |
| Q4 2014 | 2014-12-31 | 1.56 | −1.20 | −43.38% |
| Q3 2014 | 2014-09-30 | 1.78 | — | — |
| Q2 2014 | 2014-06-30 | 2.19 | — | — |
| Q1 2014 | 2014-03-31 | 2.56 | — | — |
| Q4 2013 | 2013-12-31 | 2.76 | 0.34 | +14.08% |
| Q4 2012 | 2012-12-31 | 2.42 | — | — |
Mercer International debt-to-equity ratio trends
Over the last five fiscal years, Mercer International's debt-to-equity ratio increased from 2.07 to 24.69, a change of 22.62. The latest reported quarter, Q4 2025, shows 24.69.
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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