Wheeler Real Estate Investment Trust Debt-to-Equity Ratio Growth & History (WHLR)
Wheeler Real Estate Investment Trust's debt-to-equity ratio was 35.13 for fiscal 2025.
View full Wheeler Real Estate Investment Trust company overviewWheeler Real Estate Investment Trust annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 35.13 | — | — |
| 2021 | 2021-12-31 | 187.79 | 163.63 | +677.50% |
| 2020 | 2020-12-31 | 24.15 | 9.32 | +62.87% |
| 2019 | 2019-12-31 | 14.83 | 6.16 | +71.13% |
| 2018 | 2018-12-31 | 8.67 | 3.81 | +78.60% |
| 2017 | 2017-12-31 | 4.85 | — | — |
| 2012 | 2012-12-31 | 3.67 | — | — |
Wheeler Real Estate Investment Trust quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.43 | — | — |
| Q4 2025 | 2025-12-31 | 35.13 | — | — |
| Q4 2021 | 2021-12-31 | 187.79 | 163.63 | +677.50% |
| Q3 2021 | 2021-09-30 | 40.22 | 18.86 | +88.29% |
| Q2 2021 | 2021-06-30 | 42.33 | 22.12 | +109.41% |
| Q1 2021 | 2021-03-31 | 27.81 | 9.74 | +53.92% |
| Q4 2020 | 2020-12-31 | 24.15 | 9.32 | +62.87% |
| Q3 2020 | 2020-09-30 | 21.36 | 8.23 | +62.64% |
| Q2 2020 | 2020-06-30 | 20.21 | 8.32 | +69.93% |
| Q1 2020 | 2020-03-31 | 18.07 | 8.96 | +98.34% |
| Q4 2019 | 2019-12-31 | 14.83 | 6.16 | +71.13% |
| Q3 2019 | 2019-09-30 | 13.13 | 6.60 | +101.10% |
| Q2 2019 | 2019-06-30 | 11.90 | — | — |
| Q1 2019 | 2019-03-31 | 9.11 | — | — |
| Q4 2018 | 2018-12-31 | 8.67 | 3.81 | +78.60% |
| Q3 2018 | 2018-09-30 | 6.53 | — | — |
| Q4 2017 | 2017-12-31 | 4.85 | — | — |
| Q3 2013 | 2013-09-30 | 3.45 | −40.55 | −92.16% |
| Q2 2013 | 2013-06-30 | 5.31 | — | — |
| Q1 2013 | 2013-03-31 | 4.13 | — | — |
| Q4 2012 | 2012-12-31 | 3.67 | — | — |
| Q3 2012 | 2012-09-30 | 44.00 | — | — |
Wheeler Real Estate Investment Trust debt-to-equity ratio trends
Over the last five fiscal years, Wheeler Real Estate Investment Trust's debt-to-equity ratio increased from 24.15 to 35.13, a change of 10.98. The latest reported quarter, Q2 2026, shows 1.43.
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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