Macrogenics Debt-to-Equity Ratio Growth & History (MGNX)
Macrogenics's debt-to-equity ratio was 0.66 for fiscal 2025.
View full Macrogenics company overviewMacrogenics annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.66 | 0.34 | +104.87% |
| 2024 | 2024-12-31 | 0.32 | 0.10 | +45.01% |
| 2023 | 2023-12-31 | 0.22 | −0.02 | −9.25% |
| 2022 | 2022-12-31 | 0.25 | 0.14 | +130.77% |
| 2021 | 2021-12-31 | 0.11 | 0.01 | +7.52% |
| 2020 | 2020-12-31 | 0.10 | −0.03 | −25.43% |
| 2019 | 2019-12-31 | 0.13 | 0.13 | — |
| 2018 | 2018-12-31 | 0.00 | — | — |
Macrogenics quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.82 | 0.02 | +2.44% |
| Q1 2026 | 2026-03-31 | 1.72 | 1.25 | +263.70% |
| Q4 2025 | 2025-12-31 | 0.66 | 0.34 | +104.87% |
| Q3 2025 | 2025-09-30 | 0.55 | 0.27 | +94.49% |
| Q2 2025 | 2025-06-30 | 0.80 | 0.21 | +35.64% |
| Q1 2025 | 2025-03-31 | 0.47 | 0.15 | +47.80% |
| Q4 2024 | 2024-12-31 | 0.32 | 0.10 | +45.01% |
| Q3 2024 | 2024-09-30 | 0.28 | 0.11 | +61.52% |
| Q2 2024 | 2024-06-30 | 0.59 | 0.39 | +194.43% |
| Q1 2024 | 2024-03-31 | 0.32 | 0.00 | +1.34% |
| Q4 2023 | 2023-12-31 | 0.22 | −0.02 | −9.25% |
| Q3 2023 | 2023-09-30 | 0.18 | −0.00 | −1.82% |
| Q2 2023 | 2023-06-30 | 0.20 | 0.04 | +22.84% |
| Q1 2023 | 2023-03-31 | 0.32 | 0.18 | +131.41% |
| Q4 2022 | 2022-12-31 | 0.25 | 0.14 | +130.77% |
| Q3 2022 | 2022-09-30 | 0.18 | 0.09 | +96.63% |
| Q2 2022 | 2022-06-30 | 0.16 | 0.08 | +88.43% |
| Q1 2022 | 2022-03-31 | 0.14 | 0.06 | +67.66% |
| Q4 2021 | 2021-12-31 | 0.11 | 0.01 | +7.52% |
| Q3 2021 | 2021-09-30 | 0.09 | −0.01 | −6.67% |
| Q2 2021 | 2021-06-30 | 0.09 | −0.03 | −26.25% |
| Q1 2021 | 2021-03-31 | 0.08 | −0.07 | −47.72% |
| Q4 2020 | 2020-12-31 | 0.10 | −0.03 | −25.43% |
| Q3 2020 | 2020-09-30 | 0.10 | −0.03 | −21.02% |
| Q2 2020 | 2020-06-30 | 0.12 | 0.02 | +23.59% |
| Q1 2020 | 2020-03-31 | 0.16 | 0.07 | +73.65% |
| Q4 2019 | 2019-12-31 | 0.13 | 0.13 | — |
| Q3 2019 | 2019-09-30 | 0.12 | — | — |
| Q2 2019 | 2019-06-30 | 0.09 | — | — |
| Q1 2019 | 2019-03-31 | 0.09 | — | — |
| Q4 2018 | 2018-12-31 | 0.00 | — | — |
Macrogenics debt-to-equity ratio trends
Over the last five fiscal years, Macrogenics's debt-to-equity ratio increased from 0.10 to 0.66, a change of 0.56. The latest reported quarter, Q2 2026, shows 0.82.
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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