Wendel annual debt-to-equity ratio
2020
2021
2022
2023
2024
2025
Wendel Debt-to-Equity Ratio Growth & History (MF)
Wendel's debt-to-equity ratio was 1.89 for fiscal 2025.
View full Wendel company overviewWendel annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.89 | −0.20 | −9.54% |
| 2024 | 2024-12-31 | 2.09 | −0.19 | −8.37% |
| 2023 | 2023-12-31 | 2.28 | 0.11 | +5.07% |
| 2022 | 2022-12-31 | 2.17 | −0.11 | −4.69% |
| 2021 | 2021-12-31 | 2.28 | −0.98 | −30.13% |
| 2020 | 2020-12-31 | 3.27 | — | — |
Wendel quarterly debt-to-equity ratio
Q4.24
Q4.25
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.83 | — | — |
| Q4 2025 | 2025-12-31 | 1.89 | −0.20 | −9.54% |
| Q4 2024 | 2024-12-31 | 2.09 | — | — |
Wendel debt-to-equity ratio trends
Over the last five fiscal years, Wendel's debt-to-equity ratio decreased from 3.27 to 1.89, a change of −1.37. The latest reported quarter, Q2 2026, shows 1.83.
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 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.
Review Wendel source filings ↗