Sally Beauty Holdings annual debt-to-equity ratio
2020
2021
2022
2023
2024
2025
Sally Beauty Holdings Debt-to-Equity Ratio Growth & History (SBH)
Sally Beauty Holdings's debt-to-equity ratio was 1.97 for fiscal 2025.
View full Sally Beauty Holdings company overviewSally Beauty Holdings annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-30 | 1.97 | −0.57 | −22.60% |
| 2024 | 2024-09-30 | 2.54 | −0.75 | −22.80% |
| 2023 | 2023-09-30 | 3.29 | −2.38 | −41.94% |
| 2022 | 2022-09-30 | 5.67 | −1.25 | −18.04% |
| 2021 | 2021-09-30 | 6.92 | −144.91 | −95.44% |
| 2020 | 2020-09-30 | 151.83 | — | — |
Sally Beauty Holdings quarterly debt-to-equity ratio
Q1.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-06-30 | 1.73 | −0.24 | −12.20% |
| Q2 2026 | 2026-03-31 | 1.80 | −0.36 | −16.81% |
| Q1 2026 | 2025-12-31 | 1.87 | −0.49 | −20.80% |
| Q4 2025 | 2025-09-30 | 1.97 | −0.57 | −22.60% |
| Q3 2025 | 2025-06-30 | 1.98 | −0.75 | −27.44% |
| Q2 2025 | 2025-03-31 | 2.17 | −0.69 | −24.08% |
| Q1 2025 | 2024-12-31 | 2.36 | −0.69 | −22.74% |
| Q4 2024 | 2024-09-30 | 2.54 | −0.75 | −22.80% |
| Q3 2024 | 2024-06-30 | 2.72 | −0.70 | −20.51% |
| Q2 2024 | 2024-03-31 | 2.86 | −1.05 | −26.89% |
| Q1 2024 | 2023-12-31 | 3.05 | −1.41 | −31.63% |
| Q4 2023 | 2023-09-30 | 3.29 | −2.38 | −41.94% |
| Q3 2023 | 2023-06-30 | 3.42 | −2.20 | −39.12% |
| Q2 2023 | 2023-03-31 | 3.91 | −3.26 | −45.47% |
| Q1 2023 | 2022-12-31 | 4.46 | −2.45 | −35.46% |
| Q4 2022 | 2022-09-30 | 5.67 | −1.25 | −18.04% |
| Q3 2022 | 2022-06-30 | 5.63 | −3.12 | −35.68% |
| Q2 2022 | 2022-03-31 | 7.17 | −7.18 | −50.03% |
| Q1 2022 | 2021-12-31 | 6.91 | −16.79 | −70.83% |
| Q4 2021 | 2021-09-30 | 6.92 | −144.91 | −95.44% |
| Q3 2021 | 2021-06-30 | 8.75 | — | — |
| Q2 2021 | 2021-03-31 | 14.34 | — | — |
| Q1 2021 | 2020-12-31 | 23.70 | −949.46 | −97.56% |
| Q4 2020 | 2020-09-30 | 151.83 | — | — |
| Q1 2020 | 2019-12-31 | 973.16 | — | — |
Sally Beauty Holdings debt-to-equity ratio trends
Over the last five fiscal years, Sally Beauty Holdings's debt-to-equity ratio decreased from 151.83 to 1.97, a change of −149.86. The latest reported quarter, Q3 2026, shows 1.73.
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.
Review Sally Beauty Holdings source filings ↗