TickerStat.comVolkswagen AG annual debt-to-equity ratio
2021
2022
2023
2024
2025
Volkswagen AG Debt-to-Equity Ratio Growth & History (VOW3)
Volkswagen AG's debt-to-equity ratio was 1.41 for fiscal 2025.
View full Volkswagen AG company overviewVolkswagen AG annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.41 | 0.01 | +0.87% |
| 2024 | 2024-12-31 | 1.39 | 0.06 | +4.75% |
| 2023 | 2023-12-31 | 1.33 | 0.09 | +7.18% |
| 2022 | 2022-12-31 | 1.24 | −0.21 | −14.69% |
| 2021 | 2021-12-31 | 1.46 | — | — |
Volkswagen AG quarterly debt-to-equity ratio
Q1.25
Q2.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.06 | 0.03 | +2.67% |
| Q1 2026 | 2026-03-31 | 1.03 | 0.01 | +0.83% |
| Q4 2025 | 2025-12-31 | 1.04 | — | — |
| Q2 2025 | 2025-06-30 | 1.03 | — | — |
| Q1 2025 | 2025-03-31 | 1.03 | — | — |
Volkswagen AG debt-to-equity ratio trends
Between the periods ended 2021-12-31 and 2025-12-31, Volkswagen AG's debt-to-equity ratio decreased from 1.46 to 1.41, a change of −0.05. The latest reported quarter, Q2 2026, shows 1.06.
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 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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