Non-Current Liabilities

Debt, Excluding Secured Debt

Capital One Financial Debt, Excluding Secured Debt increased by 0.8% to $38.15B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 21.9%, from $31.29B to $38.15B. Over 5 years (FY 2020 to FY 2025), Debt, Excluding Secured Debt shows an upward trend with a 6.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2014
Last reportedQ4 2025

How to read this metric

An increase may signal higher reliance on unsecured market funding, while a decrease suggests deleveraging or a shift toward secured financing.

Detailed definition

This represents the portion of long-term debt obligations that are not backed by specific collateral or assets. It refle...

Peer comparison

Peers in the credit card industry typically maintain a mix of secured and unsecured debt to optimize funding costs.

Metric ID: non_current_liabilities_debt_excluding_secured_debt

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$25.78B$24.87B$28.09B$31.62B$41.47B$38.68B$31.74B$30.96B$32.40B$31.83B$31.81B$32.70B$30.67B$33.46B$31.29B$30.06B$38.01B$37.84B$38.15B
QoQ Change-3.6%+13.0%+12.6%+31.2%-6.7%-17.9%-2.5%+4.6%-1.8%-0.1%+2.8%-6.2%+9.1%-6.5%-3.9%+26.5%-0.4%+0.8%
YoY Change+60.9%+55.6%+13.0%-2.1%-21.9%-17.7%+0.2%+5.6%-5.3%+5.1%-1.7%-8.1%+23.9%+13.1%+21.9%
Range$24.87B$41.47B
CAGR+9.1%
Avg YoY Growth+9.5%
Median YoY Growth+5.1%

Frequently Asked Questions

What is Capital One Financial's debt, excluding secured debt?
Capital One Financial (COF) reported debt, excluding secured debt of $38.15B in Q4 2025.
How has Capital One Financial's debt, excluding secured debt changed year-over-year?
Capital One Financial's debt, excluding secured debt increased by 21.9% year-over-year, from $31.29B to $38.15B.
What is the long-term trend for Capital One Financial's debt, excluding secured debt?
Over 5 years (2020 to 2025), Capital One Financial's debt, excluding secured debt has grown at a 6.3% compound annual growth rate (CAGR), from $28.13B to $38.15B.
What does debt, excluding secured debt mean?
Long-term debt that is not backed by specific collateral.

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