Mastech Digital Debt-to-Equity Ratio Growth & History (MHH)
Mastech Digital's debt-to-equity ratio was 0.03 for fiscal 2025.
View full Mastech Digital company overviewMastech Digital annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.03 | −0.02 | −36.81% |
| 2024 | 2024-12-31 | 0.04 | −0.02 | −31.21% |
| 2023 | 2023-12-31 | 0.06 | 0.01 | +9.50% |
| 2022 | 2022-12-31 | 0.06 | −0.19 | −76.82% |
| 2021 | 2021-12-31 | 0.25 | −0.10 | −29.27% |
| 2020 | 2020-12-31 | 0.35 | −0.30 | −46.37% |
| 2019 | 2019-12-31 | 0.65 | −0.48 | −42.64% |
| 2018 | 2018-12-31 | 1.13 | −0.28 | −19.64% |
| 2017 | 2017-12-31 | 1.41 | 0.89 | +171.31% |
| 2016 | 2016-12-31 | 0.52 | −0.28 | −34.73% |
| 2015 | 2015-12-31 | 0.79 | — | — |
| 2013 | 2013-12-31 | 0.00 | −0.38 | −99.67% |
| 2012 | 2012-12-31 | 0.38 | — | — |
Mastech Digital quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.02 | −0.01 | −35.23% |
| Q1 2026 | 2026-03-31 | 0.02 | −0.02 | −41.25% |
| Q4 2025 | 2025-12-31 | 0.03 | −0.02 | −36.81% |
| Q3 2025 | 2025-09-30 | 0.03 | −0.02 | −34.21% |
| Q2 2025 | 2025-06-30 | 0.04 | −0.02 | −32.38% |
| Q1 2025 | 2025-03-31 | 0.04 | −0.02 | −31.88% |
| Q4 2024 | 2024-12-31 | 0.04 | −0.02 | −31.21% |
| Q3 2024 | 2024-09-30 | 0.05 | −0.00 | −6.26% |
| Q2 2024 | 2024-06-30 | 0.05 | 0.02 | +46.47% |
| Q1 2024 | 2024-03-31 | 0.06 | 0.02 | +47.28% |
| Q4 2023 | 2023-12-31 | 0.06 | 0.01 | +9.50% |
| Q3 2023 | 2023-09-30 | 0.05 | −0.03 | −33.05% |
| Q2 2023 | 2023-06-30 | 0.04 | −0.15 | −80.75% |
| Q1 2023 | 2023-03-31 | 0.04 | −0.18 | −81.74% |
| Q4 2022 | 2022-12-31 | 0.06 | −0.19 | −76.82% |
| Q3 2022 | 2022-09-30 | 0.08 | −0.20 | −72.85% |
| Q2 2022 | 2022-06-30 | 0.19 | −0.13 | −40.98% |
| Q1 2022 | 2022-03-31 | 0.22 | −0.10 | −31.83% |
| Q4 2021 | 2021-12-31 | 0.25 | −0.10 | −29.27% |
| Q3 2021 | 2021-09-30 | 0.28 | 0.06 | +30.21% |
| Q2 2021 | 2021-06-30 | 0.32 | −0.03 | −8.90% |
| Q1 2021 | 2021-03-31 | 0.32 | −0.22 | −41.04% |
| Q4 2020 | 2020-12-31 | 0.35 | −0.30 | −46.37% |
| Q3 2020 | 2020-09-30 | 0.21 | −0.52 | −70.85% |
| Q2 2020 | 2020-06-30 | 0.35 | −0.56 | −61.74% |
| Q1 2020 | 2020-03-31 | 0.54 | −0.69 | −56.17% |
| Q4 2019 | 2019-12-31 | 0.65 | −0.48 | −42.64% |
| Q3 2019 | 2019-09-30 | 0.74 | −0.54 | −42.34% |
| Q2 2019 | 2019-06-30 | 0.91 | −0.29 | −23.96% |
| Q1 2019 | 2019-03-31 | 1.23 | −0.14 | −9.95% |
| Q4 2018 | 2018-12-31 | 1.13 | −0.28 | −19.64% |
| Q3 2018 | 2018-09-30 | 1.28 | −0.39 | −23.32% |
| Q2 2018 | 2018-06-30 | 1.20 | 0.72 | +152.94% |
| Q1 2018 | 2018-03-31 | 1.37 | 0.68 | +99.27% |
| Q4 2017 | 2017-12-31 | 1.41 | 0.89 | +171.31% |
| Q3 2017 | 2017-09-30 | 1.66 | 0.78 | +87.55% |
| Q2 2017 | 2017-06-30 | 0.47 | −0.34 | −41.56% |
| Q1 2017 | 2017-03-31 | 0.69 | −0.28 | −29.19% |
| Q4 2016 | 2016-12-31 | 0.52 | −0.28 | −34.73% |
| Q3 2016 | 2016-09-30 | 0.89 | −0.24 | −21.11% |
| Q2 2016 | 2016-06-30 | 0.81 | −0.21 | −20.70% |
| Q1 2016 | 2016-03-31 | 0.97 | — | — |
| Q4 2015 | 2015-12-31 | 0.79 | — | — |
| Q3 2015 | 2015-09-30 | 1.12 | — | — |
| Q2 2015 | 2015-06-30 | 1.02 | — | — |
| Q1 2014 | 2014-03-31 | 0.16 | −0.20 | −55.82% |
| Q4 2013 | 2013-12-31 | 0.00 | −0.38 | −99.67% |
| Q2 2013 | 2013-06-30 | 0.42 | — | — |
| Q1 2013 | 2013-03-31 | 0.35 | — | — |
| Q4 2012 | 2012-12-31 | 0.38 | — | — |
Mastech Digital debt-to-equity ratio trends
Over the last five fiscal years, Mastech Digital's debt-to-equity ratio decreased from 0.35 to 0.03, a change of −0.32. The latest reported quarter, Q2 2026, shows 0.02.
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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