Sportsman's Warehouse Holdings Debt-to-Equity Ratio Growth & History (SPWH)
Sportsman's Warehouse Holdings's debt-to-equity ratio was 2.01 for fiscal 2025.
View full Sportsman's Warehouse Holdings company overviewSportsman's Warehouse Holdings annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2026-01-31 | 2.01 | 0.40 | +24.49% |
| 2024 | 2025-02-01 | 1.61 | 0.27 | +20.11% |
| 2023 | 2024-02-03 | 1.34 | 0.30 | +28.81% |
| 2022 | 2023-01-28 | 1.04 | 0.16 | +18.32% |
| 2021 | 2022-01-29 | 0.88 | −0.41 | −31.69% |
| 2020 | 2021-01-30 | 1.29 | −1.21 | −48.31% |
| 2019 | 2020-02-01 | 2.50 | 2.05 | +451.60% |
| 2018 | 2019-02-02 | 0.45 | −2.22 | −83.08% |
| 2017 | 2018-02-03 | 2.68 | −1.81 | −40.37% |
| 2016 | 2017-01-28 | 4.49 | — | — |
Sportsman's Warehouse Holdings quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-08-01 | 2.23 | 0.31 | +16.38% |
| Q1 2026 | 2026-05-02 | 2.25 | 0.46 | +25.41% |
| Q4 2025 | 2026-01-31 | 2.01 | 0.40 | +24.49% |
| Q3 2025 | 2025-11-01 | 1.85 | 0.26 | +16.52% |
| Q2 2025 | 2025-08-02 | 1.91 | 0.30 | +18.49% |
| Q1 2025 | 2025-05-03 | 1.80 | 0.33 | +22.16% |
| Q4 2024 | 2025-02-01 | 1.61 | 0.27 | +20.11% |
| Q3 2024 | 2024-11-02 | 1.59 | 0.31 | +24.21% |
| Q2 2024 | 2024-08-03 | 1.61 | 0.34 | +26.96% |
| Q1 2024 | 2024-05-04 | 1.47 | 0.23 | +18.56% |
| Q4 2023 | 2024-02-03 | 1.34 | 0.30 | +28.81% |
| Q3 2023 | 2023-10-28 | 1.28 | 0.20 | +18.79% |
| Q2 2023 | 2023-07-29 | 1.27 | 0.25 | +24.47% |
| Q1 2023 | 2023-04-29 | 1.24 | 0.37 | +42.83% |
| Q4 2022 | 2023-01-28 | 1.04 | 0.16 | +18.32% |
| Q3 2022 | 2022-10-29 | 1.07 | 0.01 | +0.87% |
| Q2 2022 | 2022-07-30 | 1.02 | −0.16 | −13.55% |
| Q1 2022 | 2022-04-30 | 0.87 | −0.36 | −29.24% |
| Q4 2021 | 2022-01-29 | 0.88 | −0.41 | −31.69% |
| Q3 2021 | 2021-10-30 | 1.07 | −0.49 | −31.54% |
| Q2 2021 | 2021-07-31 | 1.18 | −0.67 | −36.04% |
| Q1 2021 | 2021-05-01 | 1.23 | −1.25 | −50.40% |
| Q4 2020 | 2021-01-30 | 1.29 | −1.21 | −48.31% |
| Q3 2020 | 2020-10-31 | 1.56 | −1.07 | −40.68% |
| Q2 2020 | 2020-08-01 | 1.85 | −0.83 | −30.98% |
| Q1 2020 | 2020-05-02 | 2.48 | −0.59 | −19.29% |
| Q4 2019 | 2020-02-01 | 2.50 | 2.05 | +451.60% |
| Q3 2019 | 2019-11-02 | 2.62 | 2.07 | +370.85% |
| Q2 2019 | 2019-08-03 | 2.68 | 1.95 | +269.78% |
| Q1 2019 | 2019-05-04 | 3.07 | 0.26 | +9.41% |
| Q4 2018 | 2019-02-02 | 0.45 | −2.22 | −83.08% |
| Q3 2018 | 2018-11-03 | 0.56 | −2.55 | −82.09% |
| Q2 2018 | 2018-08-04 | 0.72 | −3.36 | −82.30% |
| Q1 2018 | 2018-05-05 | 2.80 | −2.47 | −46.81% |
| Q4 2017 | 2018-02-03 | 2.68 | −1.81 | −40.37% |
| Q3 2017 | 2017-10-28 | 3.11 | −4.16 | −57.20% |
| Q2 2017 | 2017-07-29 | 4.09 | −14.81 | −78.37% |
| Q1 2017 | 2017-04-29 | 5.27 | — | — |
| Q4 2016 | 2017-01-28 | 4.49 | — | — |
| Q3 2016 | 2016-10-29 | 7.27 | — | — |
| Q2 2016 | 2016-07-30 | 18.90 | — | — |
Sportsman's Warehouse Holdings debt-to-equity ratio trends
Over the last five fiscal years, Sportsman's Warehouse Holdings's debt-to-equity ratio increased from 1.29 to 2.01, a change of 0.72. The latest reported quarter, Q2 2026, shows 2.23.
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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