Vodafone Group Public annual debt-to-equity ratio
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
Vodafone Group Public Debt-to-Equity Ratio Growth & History (VOD)
Vodafone Group Public's debt-to-equity ratio was 1.04 for fiscal 2026.
View full Vodafone Group Public company overviewVodafone Group Public annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-31 | 1.04 | −0.17 | −14.28% |
| 2025 | 2025-03-31 | 1.21 | 0.10 | +9.10% |
| 2024 | 2024-03-31 | 1.11 | −0.15 | −11.63% |
| 2023 | 2023-03-31 | 1.26 | −0.25 | −16.60% |
| 2022 | 2022-03-31 | 1.51 | 0.06 | +4.18% |
| 2021 | 2021-03-31 | 1.45 | 0.03 | +2.14% |
| 2020 | 2020-03-31 | 1.42 | 0.57 | +66.53% |
| 2019 | 2019-03-31 | 0.85 | 0.21 | +33.08% |
| 2018 | 2018-03-31 | 0.64 | −0.01 | −0.86% |
| 2017 | 2017-03-31 | 0.65 | — | — |
Vodafone Group Public quarterly debt-to-equity ratio
Q4.18
Q2.19
Q4.19
Q2.20
Q4.20
Q2.21
Q4.21
Q2.22
Q4.22
Q2.23
Q4.23
Q2.24
Q4.24
Q2.25
Q4.25
Q2.26
Q4.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-03-31 | 1.04 | −0.17 | −14.28% |
| Q2 2026 | 2025-09-30 | 0.97 | 0.04 | +4.22% |
| Q4 2025 | 2025-03-31 | 1.21 | 0.10 | +9.10% |
| Q2 2025 | 2024-09-30 | 0.93 | −0.14 | −13.14% |
| Q4 2024 | 2024-03-31 | 1.11 | −0.15 | −11.63% |
| Q2 2024 | 2023-09-30 | 1.08 | −0.29 | −21.04% |
| Q4 2023 | 2023-03-31 | 1.26 | −0.25 | −16.60% |
| Q2 2023 | 2022-09-30 | 1.36 | 0.12 | +9.58% |
| Q4 2022 | 2022-03-31 | 1.51 | 0.06 | +4.18% |
| Q2 2022 | 2021-09-30 | 1.24 | 0.06 | +5.47% |
| Q4 2021 | 2021-03-31 | 1.45 | 0.03 | +2.14% |
| Q2 2021 | 2020-09-30 | 1.18 | −0.06 | −4.98% |
| Q4 2020 | 2020-03-31 | 1.42 | 0.57 | +66.53% |
| Q2 2020 | 2019-09-30 | 1.24 | 0.44 | +55.75% |
| Q4 2019 | 2019-03-31 | 0.85 | 0.21 | +33.08% |
| Q2 2019 | 2018-09-30 | 0.80 | — | — |
| Q4 2018 | 2018-03-31 | 0.64 | — | — |
Vodafone Group Public debt-to-equity ratio trends
Over the last five fiscal years, Vodafone Group Public's debt-to-equity ratio decreased from 1.45 to 1.04, a change of −0.41. The latest reported quarter, Q4 2026, shows 1.04.
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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