Friday 6 November 2026 Export ING’s income statement to Excel — free account

ING Group, N.V.

ING Group, N.V.’s revenue for fiscal 2025 (year ended December 2025) was $70.2 billion, roughly unchanged from fiscal 2024.

Revenue: +29.8%
EPS: +14.8%
Free cash flow: −27.0%

Quarter to June 2026, against a year earlier

32.68 0.16 −0.49%

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Market cap: $92.8B
P/E: 13.8×
Fwd P/E: 6.6×
Dividend yield: 4.65%
F-score: 4/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview

ING Group, N.V. (ING) Debt to equity

Alert me on Debt to equity

ING Group, N.V.'s debt to equity at the end of the quarter to 30 June 2026 was 3.0×, up 0.3× from fiscal 2025 (2.7×). Over the past ten years it has ranged from 1.6× (fiscal 2020) to 2.7× (fiscal 2025) — the current reading is the highest in ten years. That is above the Banks Diversified industry median of 1.1× and above the Financial sector median of 0.2×.

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<iframe src="https://stockrow.com/embed/ING/debt-to-equity" width="100%" height="360" style="border:0" loading="lazy" title="ING Group, N.V. debt to equity, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/ING/metrics/debt-to-equity">ING Group, N.V. (ING) debt to equity — stockrow.com</a></p>

Period	Debt to equity	Change
FY2025	2.7×	3.07%
FY2024	2.7×	18.30%
FY2023	2.2×	33.18%
FY2022	1.7×	(3.20%)
FY2021	1.7×	11.50%
FY2020	1.6×	(31.75%)
FY2019	2.3×	(4.91%)
FY2018	2.4×	22.86%
FY2017	2.0×	(9.35%)
FY2016	2.2×	(18.89%)

Period	Debt to equity	Change
Jun 2026	3.0×	0.01%
Sep 2025	3.0×	5.69%
Jun 2025	2.8×	(1.13%)
Mar 2025	2.9×	(0.87%)
29 more quarters	Free account

Against its own ten years

Low 1.6× High 2.7×

Ten-year median 2.2×

Current reading's percentile 100

Company	Debt to equity
BBVA Banco Bilbao Viscaya Argentaria S.A. compare	0.0×
BNY BNY compare	0.8×
MUFG Mitsubishi UFJ Financial Group, Inc. compare	1.1×
C Citigroup Inc. compare	1.6×
SMFG Sumitomo Mitsui Financial Group Inc compare	1.7×
ING ING Group, N.V.	3.0×
UBS UBS Group AG compare	3.7×
BCS Barclays PLC compare	5.9×
SAN Banco Santander, S.A. compare	14.0×
Banks Diversified industry median	1.1×
Financial sector median	0.2×
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 →

ING Group, N.V. (ING) Debt to equity

Debt to equity, annual

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Against its own ten years

Debt to equity against peers

What Debt to equity is

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Debt to equity, annual

Annual newest first

Quarterly newest first

Against its own ten years

Debt to equity against peers

What Debt to equity is

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