Royalty Pharma total debt 2015–2026What 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.
Royalty Pharma's total debt was 8.59B USD on 30 September 2026, down 4.2% on a year before. At the end of fiscal year 2025 it was 8.95B USD.
Last updated 6 Nov 2026 · Next report 10 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 | 8.59B | -4.22% | 544.86M | -8.04B | 1.26 |
| FY2025 | 31 Dec 2025 | 8.95B | +17.58% | 637.50M | -8.31B | 1.38 |
| FY2024 | 31 Dec 2024 | 7.61B | +24.08% | 1.77B | -5.84B | 1.10 |
| FY2023 | 31 Dec 2023 | 6.14B | -13.79% | 1.23B | -4.90B | 0.94 |
| FY2022 | 31 Dec 2022 | 7.12B | +0.29% | 2.43B | -4.69B | 1.26 |
| FY2021 | 31 Dec 2021 | 7.10B | +22.00% | 2.80B | -4.29B | 1.23 |
| FY2020 | 31 Dec 2020 | 5.82B | -6.76% | 2.65B | -3.17B | 1.21 |
| FY2019 | 31 Dec 2019 | 6.24B | -4.31% | 793.21M | -5.44B | 1.02 |
| FY2018 | 31 Dec 2018 | 6.52B | -4.15% | 2.39B | -4.13B | 1.45 |
| FY2017 | 31 Dec 2017 | 6.80B | +15.34% | 1.38B | -5.42B | 1.52 |
| FY2016 | 31 Dec 2016 | 5.90B | -1.52% | 1.67B | -4.22B | 1.33 |
| FY2015 | 31 Dec 2015 | 5.99B | — | 1.72B | -4.27B | 1.28 |
| 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 | 8.59B | -4.22% | 544.86M | -8.04B | 1.26 |
| Q2 FY2026 | 30 Jun 2026 | 8.96B | +11.99% | 837.00M | -8.12B | 1.31 |
| Q1 FY2026 | 31 Mar 2026 | 8.96B | +17.58% | 608.30M | -8.35B | 1.30 |
| Q4 FY2025 | 31 Dec 2025 | 8.95B | +17.58% | 637.80M | -8.31B | 1.38 |
| Q3 FY2025 | 30 Sept 2025 | 8.97B | +17.86% | 955.04M | -8.01B | 1.40 |
| Q2 FY2025 | 30 Jun 2025 | 8.00B | +5.27% | 1.49B | -6.51B | 1.26 |
| Q1 FY2025 | 31 Mar 2025 | 7.62B | +24.08% | 1.82B | -5.80B | 1.14 |
| Q4 FY2024 | 31 Dec 2024 | 7.61B | +24.08% | 1.77B | -5.84B | 1.10 |
| Q3 FY2024 | 30 Sept 2024 | 7.61B | +24.08% | 1.76B | -5.84B | 1.11 |
| Q2 FY2024 | 30 Jun 2024 | 7.60B | +6.67% | 2.55B | -5.05B | 1.17 |
| Q1 FY2024 | 31 Mar 2024 | 6.14B | -13.79% | 1.53B | -4.61B | 0.94 |
| Q4 FY2023 | 31 Dec 2023 | 6.14B | -13.79% | 1.23B | -4.90B | 0.94 |
| Q3 FY2023 | 30 Sept 2023 | 6.13B | -13.78% | 1.68B | -4.45B | 1.00 |
| Q2 FY2023 | 30 Jun 2023 | 7.13B | +0.28% | 2.91B | -4.22B | 1.13 |
| Q1 FY2023 | 31 Mar 2023 | 7.12B | +0.29% | 2.59B | -4.53B | 1.20 |
| Q4 FY2022 | 31 Dec 2022 | 7.12B | +0.29% | 2.43B | -4.69B | 1.26 |
| Q3 FY2022 | 30 Sept 2022 | 7.11B | +0.29% | 2.22B | -4.89B | 1.16 |
| Q2 FY2022 | 30 Jun 2022 | 7.11B | +21.98% | 3.40B | -3.70B | 1.18 |
| Q1 FY2022 | 31 Mar 2022 | 7.10B | +21.99% | 2.91B | -4.19B | 1.23 |
| Q4 FY2021 | 31 Dec 2021 | 7.10B | +22.00% | 2.80B | -4.29B | 1.23 |
| Q3 FY2021 | 30 Sept 2021 | 7.09B | +22.00% | 2.69B | -4.40B | 1.22 |
| Q2 FY2021 | 30 Jun 2021 | 5.83B | -1.46% | 2.65B | -3.18B | 1.02 |
| Q1 FY2021 | 31 Mar 2021 | 5.82B | -2.28% | 2.37B | -3.45B | 1.19 |
| Q4 FY2020 | 31 Dec 2020 | 5.82B | -6.76% | 2.65B | -3.17B | 1.21 |
| Q3 FY2020 | 30 Sept 2020 | 5.81B | — | 2.73B | -3.08B | 1.31 |
| Q2 FY2020 | 30 Jun 2020 | 5.91B | — | 3.34B | -2.57B | 1.42 |
| Q1 FY2020 | 31 Mar 2020 | 5.96B | — | 1.70B | -4.26B | 1.15 |
| Q4 FY2019 | 31 Dec 2019 | 6.24B | — | 793.21M | -5.44B | 1.02 |
| Q1 FY2019 | 31 Mar 2019 | 0.00 | — | 1.94B | 1.94B | 0.00 |
Figures in USD 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,Stock buybacks,Balance sheet
Common questions about Royalty Pharma's debt
Source: Financial Modeling Prep
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