73/100B50.330
USD
-0.08
(-0.16%)
Pre Open·51.200USD+0.870(+1.73%)
Last updated: · Delayed 15 min
Fair value66.10Plus-24%52Price 50.3392
Q4 FY2026 · Earnings report
EPS estimate 0.77Revenue estimate 11.79B
Q4 FY2026 · Earnings report
EPS estimate 0.77Revenue estimate 11.79B
GSK total debt 1985–2026What is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
GSK's total debt was 23.86B GBP on 30 September 2026, down 0.2% on a year before. At the end of fiscal year 2025 it was 17.69B GBP.
Last updated 7 Nov 2026 · Next report 3 Feb 2027
Total debt
Growth
| Fiscal year | Period ending | Total debt | Growth | Cash and short-term investments | Net cash | Debt to equity |
|---|---|---|---|---|---|---|
| Latest quarter | 30 Sept 2026 | 23.86B | -0.15% | 2.98B | -20.88B | 1.26 |
| FY2025 | 31 Dec 2025 | 17.69B | +4.14% | 3.40B | -14.29B | 1.08 |
| FY2024 | 31 Dec 2024 | 16.99B | -26.05% | 3.71B | -13.27B | 1.24 |
| FY2023 | 31 Dec 2023 | 22.97B | +9.45% | 6.61B | -16.36B | 1.35 |
| FY2022 | 31 Dec 2022 | 20.99B | -35.90% | 7.88B | -13.11B | 1.98 |
| FY2021 | 31 Dec 2021 | 32.74B | -11.78% | 5.87B | -26.87B | 1.61 |
| FY2020 | 31 Dec 2020 | 37.11B | -8.17% | 8.71B | -28.41B | 1.86 |
| FY2019 | 31 Dec 2019 | 40.42B | +55.06% | 6.34B | -34.08B | 2.67 |
| FY2018 | 31 Dec 2018 | 26.06B | +52.52% | 3.96B | -22.11B | 6.89 |
| FY2017 | 31 Dec 2017 | 17.09B | -9.05% | 3.91B | -13.18B | — |
| FY2016 | 31 Dec 2016 | 18.79B | +12.97% | 4.99B | -13.80B | 16.72 |
| FY2015 | 31 Dec 2015 | 16.63B | -11.46% | 5.91B | -10.73B | 3.25 |
| FY2014 | 31 Dec 2014 | 18.78B | +2.95% | 4.41B | -14.38B | 4.41 |
| FY2013 | 31 Dec 2013 | 18.25B | -0.31% | 5.60B | -12.65B | 2.61 |
| FY2012 | 31 Dec 2012 | 18.30B | +22.82% | 4.27B | -14.04B | 3.15 |
| FY2011 | 31 Dec 2011 | 14.90B | -1.32% | 5.90B | -9.00B | 1.86 |
| FY2010 | 31 Dec 2010 | 15.10B | -7.12% | 6.33B | -8.77B | 1.70 |
| FY2009 | 31 Dec 2009 | 16.26B | +0.43% | 6.94B | -9.32B | 1.62 |
| FY2008 | 31 Dec 2008 | 16.19B | +53.13% | 6.01B | -10.17B | 2.04 |
| FY2007 | 31 Dec 2007 | 10.57B | +92.55% | 4.53B | -6.04B | 1.10 |
| FY2006 | 31 Dec 2006 | 5.49B | -25.45% | 3.04B | -2.45B | 0.58 |
| FY2005 | 31 Dec 2005 | 7.36B | +23.50% | 5.23B | -2.13B | 1.01 |
| FY2004 | 31 Dec 2004 | 5.96B | +17.01% | 3.98B | -1.98B | 1.04 |
| FY2003 | 31 Dec 2003 | 5.10B | +9.76% | 3.45B | -1.65B | 0.66 |
| FY2002 | 31 Dec 2002 | 4.64B | +9.46% | 2.47B | -2.17B | 0.71 |
| FY2001 | 31 Dec 2001 | 4.24B | +5.20% | 2.32B | -1.92B | 0.56 |
| FY2000 | 31 Dec 2000 | 4.03B | +14.87% | 3.59B | -440.00M | 0.52 |
| FY1999 | 31 Dec 1999 | 3.51B | +12.46% | 1.97B | -1.54B | 1.12 |
| FY1998 | 31 Dec 1998 | 3.12B | +3.28% | 1.89B | -1.24B | 1.16 |
| FY1997 | 31 Dec 1997 | 3.02B | -6.87% | 1.66B | -1.36B | 1.64 |
| FY1996 | 31 Dec 1996 | 3.25B | -27.40% | 1.26B | -1.98B | 2.65 |
| FY1995 | 31 Dec 1995 | 4.47B | +6.96% | 1.27B | -3.20B | 49.12 |
| FY1994 | 30 Jun 1995 | 4.18B | +521.91% | 75.10M | -4.10B | 10.18 |
| FY1993 | 30 Jun 1994 | 672.00M | -16.93% | 2.76B | 2.09B | 0.13 |
| FY1992 | 30 Jun 1993 | 809.00M | +60.83% | 2.50B | 1.69B | 0.18 |
| FY1991 | 30 Jun 1992 | 503.00M | -50.25% | 1.75B | 1.25B | 0.14 |
| FY1990 | 30 Jun 1991 | 1.01B | +115.57% | 2.13B | 1.12B | 0.32 |
| FY1989 | 30 Jun 1990 | 469.00M | +169.54% | 1.59B | 1.12B | 0.17 |
| FY1988 | 30 Jun 1989 | 174.00M | -34.09% | 1.29B | 1.12B | 0.08 |
| FY1987 | 30 Jun 1988 | 264.00M | +25.71% | 1.17B | 908.00M | 0.15 |
| FY1986 | 30 Jun 1987 | 210.00M | +81.03% | 935.00M | 725.00M | 0.14 |
| FY1985 | 30 Jun 1986 | 116.00M | — | 592.00M | 476.00M | 0.11 |
| Quarter | Period ending | Total debt | Growth on a year before | Cash and short-term investments | Net cash | Debt to equity |
|---|---|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 23.86B | -0.15% | 2.98B | -20.88B | 1.26 |
| Q2 FY2026 | 30 Jun 2026 | 18.13B | -23.77% | 3.09B | -15.04B | 1.03 |
| Q1 FY2026 | 31 Mar 2026 | 25.13B | +5.62% | 4.54B | -20.59B | 1.07 |
| Q4 FY2025 | 31 Dec 2025 | 17.69B | +4.14% | 3.40B | -14.29B | 1.08 |
| Q3 FY2025 | 30 Sept 2025 | 23.90B | +48.80% | 4.45B | -19.45B | 1.10 |
| Q2 FY2025 | 30 Jun 2025 | 23.78B | +11.03% | 4.96B | -18.82B | 1.17 |
| Q1 FY2025 | 31 Mar 2025 | 23.79B | +5.97% | 5.79B | -18.00B | 1.30 |
| Q4 FY2024 | 31 Dec 2024 | 16.99B | -26.05% | 3.71B | -13.27B | 1.24 |
| Q3 FY2024 | 30 Sept 2024 | 16.06B | -36.85% | 3.21B | -12.85B | 1.15 |
| Q2 FY2024 | 30 Jun 2024 | 21.42B | -21.55% | 3.77B | -17.65B | 1.18 |
| Q1 FY2024 | 31 Mar 2024 | 22.45B | -13.14% | 5.17B | -17.28B | 1.28 |
| Q4 FY2023 | 31 Dec 2023 | 22.97B | +9.45% | 6.61B | -16.36B | 1.35 |
| Q3 FY2023 | 30 Sept 2023 | 25.43B | +3.02% | 8.16B | -17.27B | 1.59 |
| Q2 FY2023 | 30 Jun 2023 | 27.30B | +1.67% | 8.27B | -19.03B | 1.69 |
| Q1 FY2023 | 31 Mar 2023 | 25.85B | -6.46% | 8.62B | -17.22B | 1.77 |
| Q4 FY2022 | 31 Dec 2022 | 20.99B | -35.90% | 7.88B | -13.11B | 1.98 |
| Q3 FY2022 | 30 Sept 2022 | 24.69B | -28.49% | 7.99B | -16.69B | 2.42 |
| Q2 FY2022 | 30 Jun 2022 | 26.85B | -23.72% | 7.93B | -18.92B | 1.35 |
| Q1 FY2022 | 31 Mar 2022 | 27.63B | -23.61% | 10.37B | -17.26B | 1.98 |
| Q4 FY2021 | 31 Dec 2021 | 32.74B | -11.78% | 5.87B | -26.87B | 1.61 |
| Q3 FY2021 | 30 Sept 2021 | 34.52B | -5.46% | 4.74B | -29.79B | 1.66 |
| Q2 FY2021 | 30 Jun 2021 | 35.20B | -10.09% | 4.92B | -30.28B | 1.66 |
| Q1 FY2021 | 31 Mar 2021 | 36.17B | -8.85% | 6.65B | -29.53B | 1.76 |
| Q4 FY2020 | 31 Dec 2020 | 37.11B | -8.17% | 8.71B | -28.41B | 1.86 |
| Q3 FY2020 | 30 Sept 2020 | 36.52B | +10.50% | 5.64B | -30.87B | 1.98 |
| Q2 FY2020 | 30 Jun 2020 | 39.16B | +17.02% | 10.20B | -28.96B | 2.33 |
| Q1 FY2020 | 31 Mar 2020 | 39.69B | +24.97% | 6.02B | -33.67B | 2.44 |
| Q4 FY2019 | 31 Dec 2019 | 40.42B | +55.06% | 6.34B | -34.08B | 2.67 |
| Q3 FY2019 | 30 Sept 2019 | 33.05B | +19.27% | 4.39B | -28.66B | 2.81 |
| Q2 FY2019 | 30 Jun 2019 | 33.46B | +19.24% | 4.21B | -29.25B | 9.26 |
| Q1 FY2019 | 31 Mar 2019 | 31.76B | +81.92% | 4.21B | -27.54B | 7.91 |
| Q4 FY2018 | 31 Dec 2018 | 26.06B | +52.52% | 3.96B | -22.11B | 6.89 |
| Q3 FY2018 | 30 Sept 2018 | 27.71B | +45.58% | 3.87B | -23.84B | 6.19 |
| Q2 FY2018 | 30 Jun 2018 | 28.06B | +48.70% | 4.13B | -23.94B | 7.63 |
| Q1 FY2018 | 31 Mar 2018 | 17.46B | -4.81% | 4.08B | -13.38B | — |
| Q4 FY2017 | 31 Dec 2017 | 17.09B | -9.05% | 3.91B | -13.18B | — |
| Q3 FY2017 | 30 Sept 2017 | 19.03B | -1.69% | 4.83B | -14.21B | 14.71 |
| Q2 FY2017 | 30 Jun 2017 | 18.87B | -3.64% | 4.07B | -14.80B | 23.27 |
| Q1 FY2017 | 31 Mar 2017 | 18.34B | +8.00% | 4.60B | -13.74B | 10.70 |
| Q4 FY2016 | 31 Dec 2016 | 18.79B | +12.97% | 4.99B | -13.80B | 16.72 |
| Q3 FY2016 | 30 Sept 2016 | 19.36B | +17.13% | 4.70B | -14.66B | 140.30 |
| Q2 FY2016 | 30 Jun 2016 | 19.58B | +14.07% | 4.67B | -14.91B | 34.12 |
| Q1 FY2016 | 31 Mar 2016 | 16.98B | -8.01% | 4.49B | -12.50B | 6.05 |
| Q4 FY2015 | 31 Dec 2015 | 16.63B | -11.46% | 5.91B | -10.73B | 3.25 |
| Q3 FY2015 | 30 Sept 2015 | 16.53B | -12.81% | 5.98B | -10.55B | 3.04 |
| Q2 FY2015 | 30 Jun 2015 | 17.17B | -2.73% | 7.62B | -9.55B | 2.52 |
| Q1 FY2015 | 31 Mar 2015 | 18.46B | +7.09% | 10.36B | -8.10B | 2.48 |
| Q4 FY2014 | 31 Dec 2014 | 18.78B | +2.95% | 4.41B | -14.38B | 4.41 |
| Q3 FY2014 | 30 Sept 2014 | 18.96B | +3.00% | 4.17B | -14.79B | 3.76 |
| Q2 FY2014 | 30 Jun 2014 | 17.65B | -5.28% | 3.23B | -14.42B | 2.88 |
| Q1 FY2014 | 31 Mar 2014 | 17.24B | -10.78% | 3.58B | -13.66B | 2.61 |
| Q4 FY2013 | 31 Dec 2013 | 18.25B | -0.31% | 5.60B | -12.65B | 2.61 |
| Q3 FY2013 | 30 Sept 2013 | 18.41B | +5.27% | 3.32B | -15.09B | 3.08 |
| Q2 FY2013 | 30 Jun 2013 | 18.63B | +8.14% | 2.91B | -15.72B | 2.91 |
| Q1 FY2013 | 31 Mar 2013 | 19.32B | +31.30% | 3.92B | -15.41B | 2.89 |
| Q4 FY2012 | 31 Dec 2012 | 18.30B | +22.82% | 4.27B | -14.04B | 3.15 |
| Q3 FY2012 | 30 Sept 2012 | 17.49B | +15.94% | 3.62B | -13.87B | 2.81 |
| Q2 FY2012 | 30 Jun 2012 | 17.23B | +12.86% | 7.59B | -9.64B | 2.44 |
| Q1 FY2012 | 31 Mar 2012 | 14.72B | -2.47% | 5.84B | -8.88B | 1.68 |
| Q4 FY2011 | 31 Dec 2011 | 14.90B | -1.32% | 5.90B | -9.00B | 1.86 |
| Q3 FY2011 | 30 Sept 2011 | 15.08B | -1.02% | 5.58B | -9.50B | 2.03 |
| Q2 FY2011 | 30 Jun 2011 | 15.27B | -0.22% | 6.01B | -9.26B | 1.76 |
| Q1 FY2011 | 31 Mar 2011 | 15.09B | -7.18% | 6.67B | -8.42B | 1.66 |
| Q4 FY2010 | 31 Dec 2010 | 15.10B | -7.12% | 6.33B | -8.77B | 1.70 |
| Q3 FY2010 | 30 Sept 2010 | 15.24B | -9.95% | 6.66B | -8.58B | 1.55 |
| Q2 FY2010 | 30 Jun 2010 | 15.30B | +7.36% | 6.93B | -8.37B | 1.74 |
| Q1 FY2010 | 31 Mar 2010 | 16.25B | -0.78% | 7.31B | -8.95B | 1.52 |
| Q4 FY2009 | 31 Dec 2009 | 16.26B | +0.43% | 6.94B | -9.32B | 1.62 |
| Q3 FY2009 | 30 Sept 2009 | 16.92B | +19.26% | 7.03B | -9.89B | 1.82 |
| Q2 FY2009 | 30 Jun 2009 | 14.25B | +3.85% | 5.92B | -8.33B | 1.85 |
| Q1 FY2009 | 31 Mar 2009 | 16.38B | +65.26% | 6.84B | -9.54B | 2.03 |
| Q4 FY2008 | 31 Dec 2008 | 16.19B | +52.97% | 6.87B | -9.32B | 2.04 |
| Q3 FY2008 | 30 Sept 2008 | 14.19B | +106.25% | 5.55B | -8.64B | 1.90 |
| Q2 FY2008 | 30 Jun 2008 | 13.72B | +121.41% | 5.38B | -8.34B | 1.84 |
| Q1 FY2008 | 31 Mar 2008 | 9.91B | +65.46% | 3.37B | -6.54B | 1.11 |
| Q4 FY2007 | 31 Dec 2007 | 10.58B | +92.82% | 4.54B | -6.04B | 1.10 |
| Q3 FY2007 | 30 Sept 2007 | 6.88B | +24.96% | 3.13B | -3.75B | 0.70 |
| Q2 FY2007 | 30 Jun 2007 | 6.20B | +14.06% | 2.92B | -3.28B | 0.57 |
| Q1 FY2007 | 31 Mar 2007 | 5.99B | -2.60% | 2.99B | -3.00B | 0.60 |
| Q4 FY2006 | 31 Dec 2006 | 5.49B | -25.48% | 3.04B | -2.45B | 0.58 |
| Q3 FY2006 | 30 Sept 2006 | 5.51B | -19.38% | 3.39B | -2.12B | 0.60 |
| Q2 FY2006 | 30 Jun 2006 | 5.43B | -21.47% | 4.78B | -655.00M | 0.62 |
| Q1 FY2006 | 31 Mar 2006 | 6.15B | +6.62% | 5.78B | -372.00M | 0.70 |
| Q4 FY2005 | 31 Dec 2005 | 7.36B | +23.56% | 5.23B | -2.13B | 1.01 |
| Q3 FY2005 | 30 Sept 2005 | 6.83B | +11.42% | 6.43B | -399.00M | 0.98 |
| Q2 FY2005 | 30 Jun 2005 | 6.92B | +15.26% | 5.66B | -1.26B | 1.08 |
| Q1 FY2005 | 31 Mar 2005 | 5.77B | +15.63% | 4.26B | -1.51B | 0.95 |
| Q4 FY2004 | 31 Dec 2004 | 5.96B | +16.96% | 3.98B | -1.98B | 1.01 |
| Q3 FY2004 | 30 Sept 2004 | 6.13B | +15.60% | 3.74B | -2.39B | 1.24 |
| Q2 FY2004 | 30 Jun 2004 | 6.00B | +15.31% | 3.98B | -2.02B | 1.16 |
| Q1 FY2004 | 31 Mar 2004 | 4.99B | +16.78% | 2.99B | -2.00B | 1.15 |
| Q4 FY2003 | 31 Dec 2003 | 5.10B | +9.76% | 3.45B | -1.65B | 0.66 |
| Q3 FY2003 | 30 Sept 2003 | 5.30B | +19.47% | 1.83B | -3.47B | 0.99 |
| Q2 FY2003 | 30 Jun 2003 | 5.21B | +5.62% | 1.78B | -3.43B | 0.67 |
| Q1 FY2003 | 31 Mar 2003 | 4.27B | -5.49% | 2.38B | -1.90B | 0.60 |
| Q4 FY2002 | 31 Dec 2002 | 4.64B | +9.46% | 2.47B | -2.17B | 0.71 |
| Q3 FY2002 | 30 Sept 2002 | 4.44B | +29.96% | 976.00M | -3.46B | 0.68 |
| Q2 FY2002 | 30 Jun 2002 | 4.93B | +38.83% | 1.27B | -3.66B | 0.73 |
| Q1 FY2002 | 31 Mar 2002 | 4.52B | +13.31% | 2.48B | -2.04B | 0.62 |
| Q4 FY2001 | 31 Dec 2001 | 4.24B | +5.20% | 2.32B | -1.92B | 0.56 |
| Q3 FY2001 | 30 Sept 2001 | 3.41B | -32.10% | 1.33B | -2.08B | 0.41 |
| Q2 FY2001 | 30 Jun 2001 | 3.55B | -29.72% | 1.09B | -2.46B | 0.43 |
| Q1 FY2001 | 31 Mar 2001 | 3.99B | -18.69% | 2.56B | -1.43B | 0.51 |
| Q4 FY2000 | 31 Dec 2000 | 4.03B | +14.87% | 3.59B | -440.00M | 0.52 |
| Q3 FY2000 | 30 Sept 2000 | 5.03B | — | 550.00M | -4.48B | 0.73 |
| Q2 FY2000 | 30 Jun 2000 | 5.05B | +41.00% | 560.00M | -4.49B | 0.79 |
| Q1 FY2000 | 31 Mar 2000 | 4.91B | — | 2.18B | -2.73B | 0.81 |
| Q4 FY1999 | 31 Dec 1999 | 3.51B | +12.46% | 1.97B | -1.54B | 1.12 |
| Q2 FY1999 | 30 Jun 1999 | 3.58B | +17.47% | 262.22M | -3.32B | 1.14 |
| Q4 FY1998 | 31 Dec 1998 | 3.12B | +3.28% | 1.89B | -1.24B | 1.16 |
| Q2 FY1998 | 30 Jun 1998 | 3.05B | — | 213.93M | -2.84B | 1.36 |
| Q4 FY1997 | 31 Dec 1997 | 3.02B | -6.87% | 1.66B | -1.36B | 1.64 |
| Q4 FY1996 | 31 Dec 1996 | 3.25B | — | 1.26B | -1.98B | 2.65 |
| Q2 FY1995 | 30 Jun 1995 | 4.18B | +521.91% | 75.10M | -4.10B | 10.18 |
| Q2 FY1994 | 30 Jun 1994 | 672.00M | -16.93% | 2.76B | 2.09B | 0.13 |
| Q2 FY1993 | 30 Jun 1993 | 809.00M | +60.83% | 2.50B | 1.69B | 0.18 |
| Q2 FY1992 | 30 Jun 1992 | 503.00M | -50.25% | 1.75B | 1.25B | 0.14 |
| Q2 FY1991 | 30 Jun 1991 | 1.01B | +115.57% | 2.13B | 1.12B | 0.32 |
| Q2 FY1990 | 30 Jun 1990 | 469.00M | +169.54% | 1.59B | 1.12B | 0.17 |
| Q2 FY1989 | 30 Jun 1989 | 174.00M | -34.09% | 1.29B | 1.12B | 0.08 |
| Q2 FY1988 | 30 Jun 1988 | 264.00M | +25.71% | 1.17B | 908.00M | 0.15 |
| Q2 FY1987 | 30 Jun 1987 | 210.00M | +81.03% | 935.00M | 725.00M | 0.14 |
| Q2 FY1986 | 30 Jun 1986 | 116.00M | — | 592.00M | 476.00M | 0.11 |
Figures in GBP at the end of each period. Net cash is cash and short-term investments less total debt; book value per share is on the diluted share count. The latest column is the most recent quarter.
Total debt counts commercial paper, term debt and lease liabilities.
See also:Revenue,Net income,EPS,Shares outstanding,Operating income,Cash on hand,Free cash flow,Balance sheet
Common questions about GSK's debt
Source: Financial Modeling Prep