Sanofi

SNY Healthcare Drug Manufacturers General

Sanofi’s revenue for fiscal 2025 (year ended December 2025) was $52.9 billion, up 10.3% from fiscal 2024.

Revenue
+13.9%
EPS
+8.21%
Free cash flow
+99.6%
Total debt
−11.2%

Quarter to September 2026, against a year earlier

46.89 0.02 −0.04%
Market cap
$111.8B
P/E
23.2×
Fwd P/E
—
Dividend yield
5.18%
F-score
7/9
Altman Z
2.50
Beneish M
−2.63
Dividend safety
54/100

Sanofi (SNY) Debt to equity

Alert me on Debt to equity

Sanofi's debt to equity at the end of the quarter to 30 September 2026 was 0.2×, down 0.0× from fiscal 2025 (0.3×). Over the past ten years it has ranged from 0.2× (fiscal 2024) to 0.4× (fiscal 2019); the current reading is higher than 36% of that period. That is below 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 0.3× 26.13%
FY2024 0.2× (6.80%)
FY2023 0.2× (12.91%)
FY2022 0.3× (13.94%)
FY2021 0.3× (17.48%)
FY2020 0.4× (14.63%)
FY2019 0.4× 0.05%
FY2018 0.4× 55.86%
FY2017 0.3× (16.81%)
FY2016 0.3× 13.19%

Quarterly newest first

Period Debt to equity Change
Sep 2026 0.2× (21.35%)
Jun 2026 0.3× 25.05%
Mar 2026 0.2× (3.90%)
Dec 2025 0.3× (4.25%)
21 more quarters

Against its own ten years

Low 0.2× High 0.4×
Ten-year median 0.3×
Current reading's percentile 36

Debt to equity against peers

Company Debt to equity
SNY Sanofi 0.2×
AZN AstraZeneca PLC compare 0.6×
NVO Novo Nordisk A/S compare 0.6×
PFE Pfizer Inc. compare 0.7×
NVS Novartis AG compare 1.2×
GSK GSK PLC Sponsored ADR compare 1.3×
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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