Nomura Holdings annual debt-to-equity ratio
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2026
Nomura Holdings Debt-to-Equity Ratio Growth & History (NMR)
Nomura Holdings's debt-to-equity ratio was 4.71 for fiscal 2026.
View full Nomura Holdings company overviewNomura Holdings annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-31 | 4.71 | 0.48 | +11.41% |
| 2025 | 2025-03-31 | 4.23 | 0.14 | +3.35% |
| 2024 | 2024-03-31 | 4.09 | 0.40 | +10.95% |
| 2023 | 2023-03-31 | 3.68 | 0.08 | +2.22% |
| 2022 | 2022-03-31 | 3.60 | 0.06 | +1.73% |
| 2021 | 2021-03-31 | 3.54 | −0.02 | −0.55% |
| 2020 | 2020-03-31 | 3.56 | 0.23 | +7.05% |
| 2019 | 2019-03-31 | 3.33 | 0.37 | +12.62% |
| 2018 | 2018-03-31 | 2.96 | 0.18 | +6.56% |
| 2017 | 2017-03-31 | 2.77 | −0.48 | −14.82% |
| 2016 | 2016-03-31 | 3.26 | −0.07 | −2.02% |
| 2015 | 2015-03-31 | 3.32 | −0.19 | −5.39% |
| 2014 | 2014-03-31 | 3.51 | −0.12 | −3.26% |
| 2013 | 2013-03-31 | 3.63 | −0.97 | −21.04% |
| 2012 | 2012-03-31 | 4.60 | 0.00 | +0.08% |
| 2011 | 2011-03-31 | 4.59 | 0.60 | +14.97% |
| 2010 | 2010-03-31 | 4.00 | −0.33 | −7.71% |
| 2009 | 2009-03-31 | 4.33 | — | — |
Nomura Holdings quarterly debt-to-equity ratio
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Q2.11
Q4.11
Q2.12
Q4.12
Q2.13
Q4.13
Q2.14
Q4.14
Q2.15
Q4.15
Q2.16
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Q2.17
Q4.17
Q2.18
Q4.18
Q2.19
Q4.19
Q2.20
Q4.20
Q2.21
Q4.21
Q2.22
Q4.22
Q2.23
Q4.23
Q2.24
Q4.24
Q2.25
Q4.25
Q1.26
Q2.26
Q3.26
Q4.26
Q1.27
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-06-30 | 4.97 | 0.49 | +10.88% |
| Q4 2026 | 2026-03-31 | 4.71 | 0.48 | +11.41% |
| Q3 2026 | 2025-12-31 | 4.54 | — | — |
| Q2 2026 | 2025-09-30 | 4.53 | 0.26 | +5.97% |
| Q1 2026 | 2025-06-30 | 4.49 | — | — |
| Q4 2025 | 2025-03-31 | 4.23 | 0.14 | +3.35% |
| Q2 2025 | 2024-09-30 | 4.28 | 0.42 | +10.76% |
| Q4 2024 | 2024-03-31 | 4.09 | 0.40 | +10.95% |
| Q2 2024 | 2023-09-30 | 3.86 | 0.20 | +5.54% |
| Q4 2023 | 2023-03-31 | 3.68 | 0.08 | +2.22% |
| Q2 2023 | 2022-09-30 | 3.66 | 0.04 | +1.18% |
| Q4 2022 | 2022-03-31 | 3.60 | 0.06 | +1.73% |
| Q2 2022 | 2021-09-30 | 3.62 | 0.17 | +4.89% |
| Q4 2021 | 2021-03-31 | 3.54 | −0.02 | −0.55% |
| Q2 2021 | 2020-09-30 | 3.45 | 0.10 | +3.02% |
| Q4 2020 | 2020-03-31 | 3.56 | 0.23 | +7.05% |
| Q2 2020 | 2019-09-30 | 3.35 | 0.25 | +8.02% |
| Q4 2019 | 2019-03-31 | 3.33 | 0.37 | +12.62% |
| Q2 2019 | 2018-09-30 | 3.10 | 0.18 | +5.99% |
| Q4 2018 | 2018-03-31 | 2.96 | 0.18 | +6.56% |
| Q2 2018 | 2017-09-30 | 2.92 | −0.09 | −2.91% |
| Q4 2017 | 2017-03-31 | 2.77 | −0.48 | −14.82% |
| Q2 2017 | 2016-09-30 | 3.01 | −0.20 | −6.13% |
| Q4 2016 | 2016-03-31 | 3.26 | −0.07 | −2.02% |
| Q2 2016 | 2015-09-30 | 3.21 | −0.32 | −8.98% |
| Q4 2015 | 2015-03-31 | 3.32 | −0.19 | −5.39% |
| Q2 2015 | 2014-09-30 | 3.52 | −0.02 | −0.69% |
| Q4 2014 | 2014-03-31 | 3.51 | −0.12 | −3.26% |
| Q2 2014 | 2013-09-30 | 3.55 | −0.72 | −16.94% |
| Q4 2013 | 2013-03-31 | 3.63 | −0.97 | −21.04% |
| Q2 2013 | 2012-09-30 | 4.27 | −0.61 | −12.56% |
| Q4 2012 | 2012-03-31 | 4.60 | 0.00 | +0.08% |
| Q2 2012 | 2011-09-30 | 4.88 | 0.42 | +9.40% |
| Q4 2011 | 2011-03-31 | 4.59 | 0.60 | +14.97% |
| Q2 2011 | 2010-09-30 | 4.46 | — | — |
| Q4 2010 | 2010-03-31 | 4.00 | — | — |
Nomura Holdings debt-to-equity ratio trends
Over the last five fiscal years, Nomura Holdings's debt-to-equity ratio increased from 3.54 to 4.71, a change of 1.16. The latest reported quarter, Q1 2027, shows 4.97.
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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