Snowflake annual debt-to-equity ratio
2021
2022
2023
2024
2025
2026
Snowflake Debt-to-Equity Ratio Growth & History (SNOW)
Snowflake's debt-to-equity ratio was 1.42 for fiscal 2026.
View full Snowflake company overviewSnowflake annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-01-31 | 1.42 | 0.53 | +59.16% |
| 2025 | 2025-01-31 | 0.90 | 0.84 | +1510.16% |
| 2024 | 2024-01-31 | 0.06 | 0.01 | +20.53% |
| 2023 | 2023-01-31 | 0.05 | 0.01 | +12.88% |
| 2022 | 2022-01-31 | 0.04 | −0.00 | −1.39% |
| 2021 | 2021-01-31 | 0.04 | — | — |
Snowflake quarterly debt-to-equity ratio
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
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
Q4.26
Q1.27
Q2.27
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2027 | 2026-07-31 | 1.29 | 0.15 | +13.30% |
| Q1 2027 | 2026-04-30 | 1.43 | 0.31 | +28.04% |
| Q4 2026 | 2026-01-31 | 1.42 | 0.53 | +59.16% |
| Q3 2026 | 2025-10-31 | 1.26 | 0.37 | +42.11% |
| Q2 2026 | 2025-07-31 | 1.13 | 1.06 | +1397.81% |
| Q1 2026 | 2025-04-30 | 1.12 | 1.06 | +1727.25% |
| Q4 2025 | 2025-01-31 | 0.90 | 0.84 | +1510.16% |
| Q3 2025 | 2024-10-31 | 0.89 | 0.83 | +1425.31% |
| Q2 2025 | 2024-07-31 | 0.08 | 0.02 | +34.93% |
| Q1 2025 | 2024-04-30 | 0.06 | 0.01 | +26.71% |
| Q4 2024 | 2024-01-31 | 0.06 | 0.01 | +20.53% |
| Q3 2024 | 2023-10-31 | 0.06 | 0.01 | +23.61% |
| Q2 2024 | 2023-07-31 | 0.06 | 0.01 | +26.03% |
| Q1 2024 | 2023-04-30 | 0.05 | — | — |
| Q4 2023 | 2023-01-31 | 0.05 | 0.01 | +12.88% |
| Q3 2023 | 2022-10-31 | 0.05 | 0.01 | +15.40% |
| Q2 2023 | 2022-07-31 | 0.04 | 0.01 | +13.50% |
| Q4 2022 | 2022-01-31 | 0.04 | −0.00 | −1.39% |
| Q3 2022 | 2021-10-31 | 0.04 | −0.00 | −1.82% |
| Q2 2022 | 2021-07-31 | 0.04 | — | — |
| Q1 2022 | 2021-04-30 | 0.04 | — | — |
| Q4 2021 | 2021-01-31 | 0.04 | — | — |
| Q3 2021 | 2020-10-31 | 0.04 | — | — |
Snowflake debt-to-equity ratio trends
Over the last five fiscal years, Snowflake's debt-to-equity ratio increased from 0.04 to 1.42, a change of 1.38. The latest reported quarter, Q2 2027, shows 1.29.
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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