Marshalls annual debt-to-equity ratio
2020
2021
2022
2023
2024
2025
Marshalls Debt-to-Equity Ratio Growth & History (MSLH)
Marshalls's debt-to-equity ratio was 0.28 for fiscal 2025.
View full Marshalls company overviewMarshalls annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.28 | −0.01 | −2.52% |
| 2024 | 2024-12-31 | 0.28 | −0.11 | −27.60% |
| 2023 | 2023-12-31 | 0.39 | −0.05 | −11.38% |
| 2022 | 2022-12-31 | 0.44 | 0.20 | +84.97% |
| 2021 | 2021-12-31 | 0.24 | −0.39 | −61.62% |
| 2020 | 2020-12-31 | 0.62 | — | — |
Marshalls quarterly debt-to-equity ratio
Q4.24
Q2.25
Q4.25
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.27 | −0.04 | −12.93% |
| Q4 2025 | 2025-12-31 | 0.28 | −0.01 | −2.52% |
| Q2 2025 | 2025-06-30 | 0.31 | — | — |
| Q4 2024 | 2024-12-31 | 0.28 | — | — |
Marshalls debt-to-equity ratio trends
Over the last five fiscal years, Marshalls's debt-to-equity ratio decreased from 0.62 to 0.28, a change of −0.35. The latest reported quarter, Q2 2026, shows 0.27.
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.
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