AstraZeneca PLC

AZN Healthcare Drug Manufacturers General

AstraZeneca PLC’s revenue for fiscal 2025 (year ended December 2025) was $58.7 billion, up 8.63% from fiscal 2024.

Revenue
+6.70%
EPS
+22.5%
Free cash flow
+1.99%
Total debt
+1.75%

Quarter to September 2026, against a year earlier

187.20 1.81 −0.96%
Market cap
$289.8B
P/E
26.3×
Fwd P/E
24.5×
Dividend yield
1.71%
F-score
9/9
Altman Z
3.52
Beneish M
−2.51
Dividend safety
54/100

AstraZeneca PLC (AZN) Debt to equity

Alert me on Debt to equity

AstraZeneca PLC's debt to equity at the end of the quarter to 30 September 2026 was 0.6×, up 0.0× from fiscal 2025 (0.6×). Over the past ten years it has ranged from 0.6× (fiscal 2025) to 1.4× (fiscal 2018) — the current reading is the lowest in ten years. That is in line with the Drug Manufacturers General industry median of 0.6× and above the Healthcare sector median of 0.0×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.6× (19.09%)
FY2024 0.7× 0.53%
FY2023 0.7× (8.01%)
FY2022 0.8× 0.62%
FY2021 0.8× (39.80%)
FY2020 1.3× 4.76%
FY2019 1.2× (11.64%)
FY2018 1.4× 27.19%
FY2017 1.1× 6.12%
FY2016 1.0× 23.98%

Quarterly newest first

Period Debt to equity Change
Sep 2026 0.6× 3.55%
Jun 2026 0.6× (13.39%)
Mar 2026 0.7× 18.39%
Dec 2025 0.6× (14.98%)
43 more quarters

Against its own ten years

Low 0.6× High 1.4×
Ten-year median 0.8×
Current reading's percentile 9

Debt to equity against peers

Company Debt to equity
ABBV AbbVie Inc. compare −17.8×
AZN AstraZeneca PLC 0.6×
NVO Novo Nordisk A/S compare 0.6×
PFE Pfizer Inc. compare 0.7×
MRK Merck & Co., Inc. compare 1.2×
NVS Novartis AG compare 1.2×
BMY Bristol Myers Squibb Company compare 1.8×
GILD Gilead Sciences, Inc. compare 2.0×
AMGN Amgen Inc. compare 3.8×
Drug Manufacturers General industry median 0.6×
Healthcare sector median 0.0×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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