Spirax Group annual debt-to-equity ratio
2020
2021
2022
2023
2024
2025
Spirax Group Debt-to-Equity Ratio Growth & History (SPX)
Spirax Group's debt-to-equity ratio was 0.73 for fiscal 2025.
View full Spirax Group company overviewSpirax Group annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.73 | −0.03 | −4.36% |
| 2024 | 2024-12-31 | 0.77 | −0.08 | −9.29% |
| 2023 | 2023-12-31 | 0.84 | −0.01 | −1.30% |
| 2022 | 2022-12-31 | 0.85 | 0.45 | +110.60% |
| 2021 | 2021-12-31 | 0.41 | −0.17 | −29.02% |
| 2020 | 2020-12-31 | 0.57 | — | — |
Spirax Group quarterly debt-to-equity ratio
Q4.24
Q2.25
Q4.25
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.87 | −0.06 | −6.19% |
| Q4 2025 | 2025-12-31 | 0.84 | −0.01 | −1.24% |
| Q2 2025 | 2025-06-30 | 0.93 | — | — |
| Q4 2024 | 2024-12-31 | 0.85 | — | — |
Spirax Group debt-to-equity ratio trends
Over the last five fiscal years, Spirax Group's debt-to-equity ratio increased from 0.57 to 0.73, a change of 0.16. The latest reported quarter, Q2 2026, shows 0.87.
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 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 Spirax Group source filings ↗