Wpp Debt-to-Equity Ratio Growth & History (WPP)
Wpp's debt-to-equity ratio was 2.69 for fiscal 2025.
View full Wpp company overviewWpp annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 2.69 | 0.86 | +47.24% |
| 2024 | 2024-12-31 | 1.83 | −0.21 | −10.30% |
| 2023 | 2023-12-31 | 2.04 | 0.22 | +12.29% |
| 2022 | 2022-12-31 | 1.81 | 0.02 | +1.15% |
| 2021 | 2021-12-31 | 1.79 | 0.27 | +18.01% |
| 2020 | 2020-12-31 | 1.52 | 0.70 | +84.61% |
| 2019 | 2019-12-31 | 0.82 | −0.09 | −9.85% |
| 2018 | 2018-12-31 | 0.91 | 0.23 | +33.68% |
| 2017 | 2017-12-31 | 0.68 | 0.04 | +5.54% |
| 2016 | 2016-12-31 | 0.65 | — | — |
Wpp quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.76 | 0.63 | +29.30% |
| Q4 2025 | 2025-12-31 | 2.69 | 0.86 | +47.24% |
| Q2 2025 | 2025-06-30 | 2.13 | −0.02 | −1.02% |
| Q4 2024 | 2024-12-31 | 1.83 | −0.21 | −10.30% |
| Q2 2024 | 2024-06-30 | 2.16 | 0.06 | +2.74% |
| Q4 2023 | 2023-12-31 | 2.04 | 0.22 | +12.29% |
| Q2 2023 | 2023-06-30 | 2.10 | 0.24 | +13.06% |
| Q4 2022 | 2022-12-31 | 1.81 | 0.02 | +1.15% |
| Q2 2022 | 2022-06-30 | 1.86 | 0.44 | +31.03% |
| Q4 2021 | 2021-12-31 | 1.79 | 0.27 | +18.01% |
| Q2 2021 | 2021-06-30 | 1.42 | 0.03 | +2.49% |
| Q4 2020 | 2020-12-31 | 1.52 | 0.70 | +84.61% |
| Q2 2020 | 2020-06-30 | 1.38 | 0.59 | +73.96% |
| Q4 2019 | 2019-12-31 | 0.82 | −0.09 | −9.85% |
| Q2 2019 | 2019-06-30 | 0.79 | — | — |
| Q4 2018 | 2018-12-31 | 0.91 | 0.23 | +33.68% |
| Q4 2017 | 2017-12-31 | 0.68 | 0.04 | +5.54% |
| Q2 2017 | 2017-06-30 | 0.70 | — | — |
| Q4 2016 | 2016-12-31 | 0.65 | — | — |
Wpp debt-to-equity ratio trends
Over the last five fiscal years, Wpp's debt-to-equity ratio increased from 1.52 to 2.69, a change of 1.17. The latest reported quarter, Q2 2026, shows 2.76.
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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