Universal Debt-to-Equity Ratio Growth & History (UVV)
Universal's debt-to-equity ratio was 0.66 for fiscal 2026.
View full Universal company overviewUniversal annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-31 | 0.66 | −0.09 | −12.30% |
| 2025 | 2025-03-31 | 0.76 | 0.02 | +2.25% |
| 2024 | 2024-03-31 | 0.74 | 0.13 | +21.81% |
| 2023 | 2023-03-31 | 0.61 | 0.06 | +9.96% |
| 2022 | 2022-03-31 | 0.55 | 0.06 | +11.69% |
| 2021 | 2021-03-31 | 0.49 | 0.11 | +27.89% |
| 2020 | 2020-03-31 | 0.39 | 0.07 | +22.48% |
| 2019 | 2019-03-31 | 0.32 | 0.01 | +2.34% |
| 2018 | 2018-03-31 | 0.31 | −0.02 | −7.16% |
| 2017 | 2017-03-31 | 0.33 | 0.03 | +8.24% |
| 2016 | 2016-03-31 | 0.31 | −0.01 | −2.59% |
| 2015 | 2015-03-31 | 0.32 | 0.01 | +3.72% |
| 2014 | 2014-03-31 | 0.30 | −0.09 | −23.11% |
| 2013 | 2013-03-31 | 0.40 | −0.06 | −12.79% |
| 2012 | 2012-03-31 | 0.45 | −0.02 | −4.74% |
| 2011 | 2011-03-31 | 0.48 | −0.06 | −11.92% |
| 2010 | 2010-03-31 | 0.54 | — | — |
Universal quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-06-30 | 0.88 | 0.00 | +0.25% |
| Q4 2026 | 2026-03-31 | 0.66 | −0.09 | −12.30% |
| Q3 2026 | 2025-12-31 | 0.75 | −0.07 | −8.18% |
| Q2 2026 | 2025-09-30 | 0.81 | −0.05 | −5.96% |
| Q1 2026 | 2025-06-30 | 0.87 | 0.01 | +0.83% |
| Q4 2025 | 2025-03-31 | 0.76 | 0.02 | +2.25% |
| Q3 2025 | 2024-12-31 | 0.82 | 0.10 | +14.20% |
| Q2 2025 | 2024-09-30 | 0.86 | 0.18 | +25.53% |
| Q1 2025 | 2024-06-30 | 0.87 | 0.14 | +18.45% |
| Q4 2024 | 2024-03-31 | 0.74 | 0.13 | +21.81% |
| Q3 2024 | 2023-12-31 | 0.72 | −0.02 | −2.82% |
| Q2 2024 | 2023-09-30 | 0.69 | −0.17 | −20.09% |
| Q1 2024 | 2023-06-30 | 0.73 | −0.03 | −4.17% |
| Q4 2023 | 2023-03-31 | 0.61 | 0.06 | +9.96% |
| Q3 2023 | 2022-12-31 | 0.74 | 0.13 | +20.81% |
| Q2 2023 | 2022-09-30 | 0.86 | 0.29 | +51.89% |
| Q1 2023 | 2022-06-30 | 0.76 | 0.23 | +42.19% |
| Q4 2022 | 2022-03-31 | 0.55 | 0.06 | +11.69% |
| Q3 2022 | 2021-12-31 | 0.61 | 0.08 | +14.10% |
| Q2 2022 | 2021-09-30 | 0.57 | 0.05 | +10.36% |
| Q1 2022 | 2021-06-30 | 0.54 | 0.14 | +34.03% |
| Q4 2021 | 2021-03-31 | 0.49 | 0.11 | +27.89% |
| Q3 2021 | 2020-12-31 | 0.53 | 0.16 | +42.02% |
| Q2 2021 | 2020-09-30 | 0.51 | 0.09 | +19.91% |
| Q1 2021 | 2020-06-30 | 0.40 | 0.04 | +10.75% |
| Q4 2020 | 2020-03-31 | 0.39 | 0.07 | +22.48% |
| Q3 2020 | 2019-12-31 | 0.38 | 0.01 | +1.70% |
| Q2 2020 | 2019-09-30 | 0.43 | 0.04 | +10.58% |
| Q1 2020 | 2019-06-30 | 0.36 | 0.03 | +8.11% |
| Q4 2019 | 2019-03-31 | 0.32 | 0.01 | +2.34% |
| Q3 2019 | 2018-12-31 | 0.37 | 0.05 | +16.85% |
| Q2 2019 | 2018-09-30 | 0.39 | 0.02 | +6.76% |
| Q1 2019 | 2018-06-30 | 0.33 | 0.01 | +3.70% |
| Q4 2018 | 2018-03-31 | 0.31 | −0.02 | −7.16% |
| Q3 2018 | 2017-12-31 | 0.32 | 0.03 | +8.60% |
| Q2 2018 | 2017-09-30 | 0.36 | 0.05 | +15.70% |
| Q1 2018 | 2017-06-30 | 0.32 | 0.01 | +2.04% |
| Q4 2017 | 2017-03-31 | 0.33 | 0.03 | +8.24% |
| Q3 2017 | 2016-12-31 | 0.29 | −0.02 | −7.13% |
| Q2 2017 | 2016-09-30 | 0.31 | −0.02 | −6.69% |
| Q1 2017 | 2016-06-30 | 0.32 | −0.02 | −6.08% |
| Q4 2016 | 2016-03-31 | 0.31 | −0.01 | −2.59% |
| Q3 2016 | 2015-12-31 | 0.31 | −0.04 | −11.67% |
| Q2 2016 | 2015-09-30 | 0.34 | −0.19 | −36.06% |
| Q1 2016 | 2015-06-30 | 0.34 | −0.07 | −18.01% |
| Q4 2015 | 2015-03-31 | 0.32 | 0.01 | +3.72% |
| Q3 2015 | 2014-12-31 | 0.36 | 0.04 | +11.81% |
| Q2 2015 | 2014-09-30 | 0.53 | 0.09 | +20.33% |
| Q1 2015 | 2014-06-30 | 0.41 | 0.01 | +1.33% |
| Q4 2014 | 2014-03-31 | 0.30 | −0.09 | −23.11% |
| Q3 2014 | 2013-12-31 | 0.32 | −0.07 | −17.71% |
| Q2 2014 | 2013-09-30 | 0.44 | 0.04 | +9.04% |
| Q1 2014 | 2013-06-30 | 0.41 | −0.07 | −14.03% |
| Q4 2013 | 2013-03-31 | 0.40 | −0.06 | −12.79% |
| Q3 2013 | 2012-12-31 | 0.39 | −0.07 | −14.62% |
| Q2 2013 | 2012-09-30 | 0.40 | −0.12 | −22.76% |
| Q1 2013 | 2012-06-30 | 0.47 | −0.10 | −17.43% |
| Q4 2012 | 2012-03-31 | 0.45 | −0.02 | −4.74% |
| Q3 2012 | 2011-12-31 | 0.45 | −0.08 | −14.37% |
| Q2 2012 | 2011-09-30 | 0.52 | −0.17 | −25.11% |
| Q1 2012 | 2011-06-30 | 0.57 | −0.08 | −12.20% |
| Q4 2011 | 2011-03-31 | 0.48 | −0.06 | −11.92% |
| Q3 2011 | 2010-12-31 | 0.53 | — | — |
| Q2 2011 | 2010-09-30 | 0.69 | — | — |
| Q1 2011 | 2010-06-30 | 0.65 | — | — |
| Q4 2010 | 2010-03-31 | 0.54 | — | — |
Universal debt-to-equity ratio trends
Over the last five fiscal years, Universal's debt-to-equity ratio increased from 0.49 to 0.66, a change of 0.17. The latest reported quarter, Q1 2027, shows 0.88.
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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