Valneva SE annual debt-to-equity ratio
2019
2020
2021
2022
2023
2024
2025
Valneva SE Debt-to-Equity Ratio Growth & History (VLA)
Valneva SE's debt-to-equity ratio was 1.95 for fiscal 2025.
View full Valneva SE company overviewValneva SE annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.95 | 0.76 | +63.57% |
| 2024 | 2024-12-31 | 1.19 | −0.43 | −26.70% |
| 2023 | 2023-12-31 | 1.63 | 0.93 | +134.86% |
| 2022 | 2022-12-31 | 0.69 | 0.02 | +3.14% |
| 2021 | 2021-12-31 | 0.67 | −0.69 | −50.65% |
| 2020 | 2020-12-31 | 1.36 | 1.17 | +599.51% |
| 2019 | 2019-12-31 | 0.19 | — | — |
Valneva SE quarterly debt-to-equity ratio
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
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 | 2.59 | 1.54 | +145.35% |
| Q1 2026 | 2026-03-31 | 2.73 | 1.53 | +126.72% |
| Q4 2025 | 2025-12-31 | 1.95 | 0.76 | +63.57% |
| Q3 2025 | 2025-09-30 | 1.30 | 0.38 | +40.64% |
| Q2 2025 | 2025-06-30 | 1.06 | −0.20 | −16.22% |
| Q1 2025 | 2025-03-31 | 1.20 | 0.09 | +7.71% |
| Q4 2024 | 2024-12-31 | 1.19 | −0.43 | −26.70% |
| Q3 2024 | 2024-09-30 | 0.93 | −0.31 | −25.05% |
| Q2 2024 | 2024-06-30 | 1.26 | 0.48 | +61.11% |
| Q1 2024 | 2024-03-31 | 1.12 | 0.37 | +49.98% |
| Q4 2023 | 2023-12-31 | 1.63 | 0.93 | +134.86% |
| Q3 2023 | 2023-09-30 | 1.23 | 0.26 | +26.05% |
| Q2 2023 | 2023-06-30 | 0.78 | −1.07 | −57.72% |
| Q1 2023 | 2023-03-31 | 0.75 | −0.03 | −4.19% |
| Q4 2022 | 2022-12-31 | 0.69 | 0.02 | +3.14% |
| Q3 2022 | 2022-09-30 | 0.98 | — | — |
| Q2 2022 | 2022-06-30 | 1.85 | — | — |
| Q1 2022 | 2022-03-31 | 0.78 | — | — |
| Q4 2021 | 2021-12-31 | 0.67 | — | — |
Valneva SE debt-to-equity ratio trends
Over the last five fiscal years, Valneva SE's debt-to-equity ratio increased from 1.36 to 1.95, a change of 0.59. The latest reported quarter, Q2 2026, shows 2.59.
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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