Suzano S.A annual debt-to-equity ratio
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Suzano S.A Debt-to-Equity Ratio Growth & History (SUZ)
Suzano S.A's debt-to-equity ratio was 2.32 for fiscal 2025.
View full Suzano S.A company overviewSuzano S.A annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 2.32 | −1.04 | −30.85% |
| 2024 | 2024-12-31 | 3.36 | 1.49 | +79.91% |
| 2023 | 2023-12-31 | 1.87 | −0.58 | −23.59% |
| 2022 | 2022-12-31 | 2.44 | −3.23 | −56.94% |
| 2021 | 2021-12-31 | 5.67 | −5.13 | −47.46% |
| 2020 | 2020-12-31 | 10.80 | 7.03 | +186.80% |
| 2019 | 2019-12-31 | 3.77 | 0.79 | +26.55% |
| 2018 | 2018-12-31 | 2.98 | 1.93 | +183.48% |
| 2017 | 2017-12-31 | 1.05 | −0.33 | −24.17% |
| 2016 | 2016-12-31 | 1.38 | — | — |
Suzano S.A quarterly debt-to-equity ratio
Q4.17
Q4.18
Q4.19
Q2.20
Q4.20
Q2.21
Q4.21
Q2.22
Q4.22
Q2.23
Q4.23
Q2.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.00 | −0.28 | −12.32% |
| Q1 2026 | 2026-03-31 | 2.03 | −0.52 | −20.39% |
| Q4 2025 | 2025-12-31 | 2.32 | −1.04 | −30.85% |
| Q3 2025 | 2025-09-30 | 2.21 | — | — |
| Q2 2025 | 2025-06-30 | 2.28 | −0.07 | −2.99% |
| Q1 2025 | 2025-03-31 | 2.55 | — | — |
| Q4 2024 | 2024-12-31 | 3.36 | 1.49 | +79.91% |
| Q2 2024 | 2024-06-30 | 2.35 | 0.46 | +24.06% |
| Q4 2023 | 2023-12-31 | 1.87 | −0.58 | −23.59% |
| Q2 2023 | 2023-06-30 | 1.90 | −1.48 | −43.83% |
| Q4 2022 | 2022-12-31 | 2.44 | −3.23 | −56.94% |
| Q2 2022 | 2022-06-30 | 3.37 | −1.72 | −33.79% |
| Q4 2021 | 2021-12-31 | 5.67 | −5.13 | −47.46% |
| Q2 2021 | 2021-06-30 | 5.10 | −29.34 | −85.20% |
| Q4 2020 | 2020-12-31 | 10.80 | 7.03 | +186.80% |
| Q2 2020 | 2020-06-30 | 34.44 | — | — |
| Q4 2019 | 2019-12-31 | 3.77 | 0.79 | +26.55% |
| Q4 2018 | 2018-12-31 | 2.98 | 1.93 | +183.48% |
| Q4 2017 | 2017-12-31 | 1.05 | — | — |
Suzano S.A debt-to-equity ratio trends
Over the last five fiscal years, Suzano S.A's debt-to-equity ratio decreased from 10.80 to 2.32, a change of −8.48. The latest reported quarter, Q2 2026, shows 2.00.
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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