Puma Biotechnology Debt-to-Equity Ratio Growth & History (PBYI)
Puma Biotechnology's debt-to-equity ratio was 0.22 for fiscal 2025.
View full Puma Biotechnology company overviewPuma Biotechnology annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.22 | −0.59 | −72.76% |
| 2024 | 2024-12-31 | 0.80 | −1.28 | −61.45% |
| 2023 | 2023-12-31 | 2.09 | −3.20 | −60.55% |
| 2022 | 2022-12-31 | 5.29 | — | — |
| 2019 | 2019-12-31 | 6.88 | 2.46 | +55.50% |
| 2018 | 2018-12-31 | 4.43 | 3.52 | +386.81% |
| 2017 | 2017-12-31 | 0.91 | — | — |
Puma Biotechnology quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.03 | −0.44 | −92.60% |
| Q1 2026 | 2026-03-31 | 0.12 | −0.51 | −80.45% |
| Q4 2025 | 2025-12-31 | 0.22 | −0.59 | −72.76% |
| Q3 2025 | 2025-09-30 | 0.36 | −0.86 | −70.69% |
| Q2 2025 | 2025-06-30 | 0.47 | −1.56 | −76.87% |
| Q1 2025 | 2025-03-31 | 0.64 | −1.54 | −70.74% |
| Q4 2024 | 2024-12-31 | 0.80 | −1.28 | −61.45% |
| Q3 2024 | 2024-09-30 | 1.21 | −1.68 | −58.06% |
| Q2 2024 | 2024-06-30 | 2.03 | −1.68 | −45.30% |
| Q1 2024 | 2024-03-31 | 2.17 | −2.22 | −50.60% |
| Q4 2023 | 2023-12-31 | 2.09 | −3.20 | −60.55% |
| Q3 2023 | 2023-09-30 | 2.90 | −2.29 | −44.15% |
| Q2 2023 | 2023-06-30 | 3.72 | −2.14 | −36.51% |
| Q1 2023 | 2023-03-31 | 4.40 | −11.85 | −72.94% |
| Q4 2022 | 2022-12-31 | 5.29 | — | — |
| Q3 2022 | 2022-09-30 | 5.19 | — | — |
| Q2 2022 | 2022-06-30 | 5.85 | 1.74 | +42.18% |
| Q1 2022 | 2022-03-31 | 16.25 | 8.83 | +119.13% |
| Q2 2021 | 2021-06-30 | 4.12 | −1.04 | −20.12% |
| Q1 2021 | 2021-03-31 | 7.41 | −5.43 | −42.26% |
| Q2 2020 | 2020-06-30 | 5.15 | −0.35 | −6.34% |
| Q1 2020 | 2020-03-31 | 12.84 | 8.71 | +210.62% |
| Q4 2019 | 2019-12-31 | 6.88 | 2.46 | +55.50% |
| Q3 2019 | 2019-09-30 | 6.99 | 4.35 | +165.00% |
| Q2 2019 | 2019-06-30 | 5.50 | 2.36 | +75.18% |
| Q1 2019 | 2019-03-31 | 4.13 | 3.29 | +389.23% |
| Q4 2018 | 2018-12-31 | 4.43 | 3.52 | +386.81% |
| Q3 2018 | 2018-09-30 | 2.64 | — | — |
| Q2 2018 | 2018-06-30 | 3.14 | — | — |
| Q1 2018 | 2018-03-31 | 0.85 | — | — |
| Q4 2017 | 2017-12-31 | 0.91 | — | — |
Puma Biotechnology debt-to-equity ratio trends
Between the periods ended 2017-12-31 and 2025-12-31, Puma Biotechnology's debt-to-equity ratio decreased from 0.91 to 0.22, a change of −0.69. The latest reported quarter, Q2 2026, shows 0.03.
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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