Serco Group Debt-to-Equity Ratio Growth & History (SRP)
Serco Group's debt-to-equity ratio was 1.04 for fiscal 2025.
View full Serco Group company overviewSerco Group annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.04 | 0.08 | +8.75% |
| 2024 | 2024-12-31 | 0.96 | 0.32 | +49.98% |
| 2023 | 2023-12-31 | 0.64 | −0.05 | −7.43% |
| 2022 | 2022-12-31 | 0.69 | −0.11 | −14.02% |
| 2021 | 2021-12-31 | 0.80 | −0.31 | −27.72% |
| 2020 | 2020-12-31 | 1.11 | — | — |
Serco Group quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.04 | −0.06 | −5.17% |
| Q4 2025 | 2025-12-31 | 1.04 | 0.08 | +8.75% |
| Q2 2025 | 2025-06-30 | 1.10 | — | — |
| Q4 2024 | 2024-12-31 | 0.96 | — | — |
Serco Group debt-to-equity ratio trends
Over the last five fiscal years, Serco Group's debt-to-equity ratio decreased from 1.11 to 1.04, a change of −0.07. The latest reported quarter, Q2 2026, shows 1.04.
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 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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