NewtekOne Debt-to-Equity Ratio Growth & History (NEWT)
NewtekOne's debt-to-equity ratio was 2.07 for fiscal 2025.
View full NewtekOne company overviewNewtekOne annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 2.07 | −0.34 | −14.19% |
| 2024 | 2024-12-31 | 2.41 | −0.20 | −7.75% |
| 2023 | 2023-12-31 | 2.61 | 1.16 | +79.30% |
| 2022 | 2022-12-31 | 1.46 | 0.27 | +22.40% |
| 2021 | 2021-12-31 | 1.19 | — | — |
NewtekOne quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.35 | −0.77 | −36.26% |
| Q1 2026 | 2026-03-31 | 1.37 | −1.21 | −47.02% |
| Q4 2025 | 2025-12-31 | 2.07 | −0.34 | −14.19% |
| Q3 2025 | 2025-09-30 | 1.94 | −0.40 | −17.19% |
| Q2 2025 | 2025-06-30 | 2.11 | −0.29 | −12.02% |
| Q1 2025 | 2025-03-31 | 2.58 | −0.05 | −1.95% |
| Q4 2024 | 2024-12-31 | 2.41 | −0.20 | −7.75% |
| Q3 2024 | 2024-09-30 | 2.34 | −0.36 | −13.43% |
| Q2 2024 | 2024-06-30 | 2.40 | −0.60 | −19.88% |
| Q1 2024 | 2024-03-31 | 2.63 | — | — |
| Q4 2023 | 2023-12-31 | 2.61 | 1.16 | +79.30% |
| Q3 2023 | 2023-09-30 | 2.71 | 1.30 | +91.74% |
| Q2 2023 | 2023-06-30 | 3.00 | — | — |
| Q4 2022 | 2022-12-31 | 1.46 | 0.27 | +22.40% |
| Q3 2022 | 2022-09-30 | 1.41 | — | — |
| Q4 2021 | 2021-12-31 | 1.19 | — | — |
| As of Sep 30, 2014 | 2014-09-30 | 0.01 | — | — |
NewtekOne debt-to-equity ratio trends
Between the periods ended 2021-12-31 and 2025-12-31, NewtekOne's debt-to-equity ratio increased from 1.19 to 2.07, a change of 0.88. The latest reported quarter, Q2 2026, shows 1.35.
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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