Navient annual debt-to-equity ratio
2013
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2025
Navient Debt-to-Equity Ratio Growth & History (NAVI)
Navient's debt-to-equity ratio was 19.05 for fiscal 2025.
View full Navient company overviewNavient annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 19.05 | 0.76 | +4.14% |
| 2024 | 2024-12-31 | 18.30 | −2.58 | −12.38% |
| 2023 | 2023-12-31 | 20.88 | −1.59 | −7.08% |
| 2022 | 2022-12-31 | 22.47 | −7.17 | −24.19% |
| 2021 | 2021-12-31 | 29.64 | −4.86 | −14.09% |
| 2020 | 2020-12-31 | 34.50 | 7.46 | +27.61% |
| 2019 | 2019-12-31 | 27.04 | −1.08 | −3.84% |
| 2018 | 2018-12-31 | 28.12 | −3.67 | −11.54% |
| 2017 | 2017-12-31 | 31.78 | 0.78 | +2.50% |
| 2016 | 2016-12-31 | 31.01 | −1.58 | −4.86% |
| 2015 | 2015-12-31 | 32.59 | −0.64 | −1.94% |
| 2014 | 2014-12-31 | 33.24 | 6.55 | +24.54% |
| 2013 | 2013-12-31 | 26.69 | — | — |
Navient quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 18.49 | 0.12 | +0.66% |
| Q1 2026 | 2026-03-31 | 18.96 | 0.53 | +2.86% |
| Q4 2025 | 2025-12-31 | 19.05 | 0.76 | +4.14% |
| Q3 2025 | 2025-09-30 | 19.00 | 0.44 | +2.36% |
| Q2 2025 | 2025-06-30 | 18.37 | −0.87 | −4.53% |
| Q1 2025 | 2025-03-31 | 18.43 | −1.55 | −7.75% |
| Q4 2024 | 2024-12-31 | 18.30 | −2.58 | −12.38% |
| Q3 2024 | 2024-09-30 | 18.56 | −2.00 | −9.71% |
| Q2 2024 | 2024-06-30 | 19.24 | −1.84 | −8.74% |
| Q1 2024 | 2024-03-31 | 19.98 | −1.36 | −6.38% |
| Q4 2023 | 2023-12-31 | 20.88 | −1.59 | −7.08% |
| Q3 2023 | 2023-09-30 | 20.56 | −2.88 | −12.29% |
| Q2 2023 | 2023-06-30 | 21.08 | −3.63 | −14.70% |
| Q1 2023 | 2023-03-31 | 21.35 | −5.08 | −19.22% |
| Q4 2022 | 2022-12-31 | 22.47 | −7.17 | −24.19% |
| Q3 2022 | 2022-09-30 | 23.44 | −5.36 | −18.61% |
| Q2 2022 | 2022-06-30 | 24.72 | −4.86 | −16.43% |
| Q1 2022 | 2022-03-31 | 26.43 | −3.45 | −11.55% |
| Q4 2021 | 2021-12-31 | 29.64 | −4.86 | −14.09% |
| Q3 2021 | 2021-09-30 | 28.80 | −9.45 | −24.72% |
| Q2 2021 | 2021-06-30 | 29.57 | −11.83 | −28.57% |
| Q1 2021 | 2021-03-31 | 29.88 | −14.22 | −32.25% |
| Q4 2020 | 2020-12-31 | 34.50 | 7.46 | +27.61% |
| Q3 2020 | 2020-09-30 | 38.25 | 9.92 | +35.04% |
| Q2 2020 | 2020-06-30 | 41.40 | 13.06 | +46.08% |
| Q1 2020 | 2020-03-31 | 44.10 | 16.22 | +58.16% |
| Q4 2019 | 2019-12-31 | 27.04 | −1.08 | −3.84% |
| Q3 2019 | 2019-09-30 | 28.33 | 1.18 | +4.34% |
| Q2 2019 | 2019-06-30 | 28.34 | 0.49 | +1.76% |
| Q1 2019 | 2019-03-31 | 27.88 | −1.79 | −6.03% |
| Q4 2018 | 2018-12-31 | 28.12 | −3.67 | −11.54% |
| Q3 2018 | 2018-09-30 | 27.15 | −4.57 | −14.41% |
| Q2 2018 | 2018-06-30 | 27.85 | −4.55 | −14.04% |
| Q1 2018 | 2018-03-31 | 29.68 | −0.96 | −3.12% |
| Q4 2017 | 2017-12-31 | 31.78 | 0.78 | +2.50% |
| Q3 2017 | 2017-09-30 | 31.72 | −0.41 | −1.26% |
| Q2 2017 | 2017-06-30 | 32.40 | −0.76 | −2.30% |
| Q1 2017 | 2017-03-31 | 30.63 | −2.21 | −6.72% |
| Q4 2016 | 2016-12-31 | 31.01 | −1.58 | −4.86% |
| Q3 2016 | 2016-09-30 | 32.12 | −1.64 | −4.86% |
| Q2 2016 | 2016-06-30 | 33.16 | −0.77 | −2.28% |
| Q1 2016 | 2016-03-31 | 32.84 | −0.54 | −1.62% |
| Q4 2015 | 2015-12-31 | 32.59 | −0.64 | −1.94% |
| Q3 2015 | 2015-09-30 | 33.76 | 1.60 | +4.99% |
| Q2 2015 | 2015-06-30 | 33.94 | 0.06 | +0.17% |
| Q1 2015 | 2015-03-31 | 33.38 | 6.95 | +26.31% |
| Q4 2014 | 2014-12-31 | 33.24 | 6.55 | +24.54% |
| Q3 2014 | 2014-09-30 | 32.16 | — | — |
| Q2 2014 | 2014-06-30 | 33.88 | — | — |
| Q1 2014 | 2014-03-31 | 26.43 | — | — |
| Q4 2013 | 2013-12-31 | 26.69 | — | — |
Navient debt-to-equity ratio trends
Over the last five fiscal years, Navient's debt-to-equity ratio decreased from 34.50 to 19.05, a change of −15.45. The latest reported quarter, Q2 2026, shows 18.49.
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 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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