Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the debt to equity ratio high or low?
The debt to equity ratio of -9.00 is 16% below its 5-year average of -7.75, near the low end of its 5-year range (-9.71–-5.13).
As of the fiscal period ended Tuesday, June 30, 2026. 2.06% above its 12-month average of -9.18.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-06-30): -9.00.
DEBT TO EQUITY RATIO
-9.00
DEBT TO EQUITY RATIO AVG TTM
-9.18
DEBT TO EQUITY RATIO AVG 3Y
-8.67
DEBT TO EQUITY RATIO AVG 5Y
-7.75
DEBT TO EQUITY RATIO AVG 10Y
-7.99
DEBT TO EQUITY RATIO AVG 15Y
-2.98
DEBT TO EQUITY RATIO AVG 20Y
-2.10
CURRENT VS TTM AVG
+2.06%
CURRENT VS 3Y AVG
-3.76%
CURRENT VS 5Y AVG
-16.14%
CURRENT VS 10Y AVG
-12.61%
CURRENT VS 15Y AVG
-201.45%
CURRENT VS 20Y AVG
-328.38%
SECTOR MEDIAN · INDUSTRIALS
0.47
median of 412 covered companies
CURRENT VS SECTOR MEDIAN
-2013.88%
vs the sector median at left
American Airlines Group Inc.
Market Cap
$8.63B
Debt to Equity Ratio
-9.00
TTM Avg
-9.18
3Y Avg
-8.67
5Y Avg
-7.75
Market Cap
$8.78B
Debt to Equity Ratio
1.48
TTM Avg
1.61
3Y Avg
1.10
5Y Avg
1.10
Market Cap
$8.22B
Debt to Equity Ratio
3.46
TTM Avg
3.97
3Y Avg
3.63
5Y Avg
3.33
Market Cap
$8.11B
Debt to Equity Ratio
0.06
TTM Avg
0.14
3Y Avg
0.23
5Y Avg
0.28
Market Cap
$7.99B
Debt to Equity Ratio
0.37
TTM Avg
0.11
3Y Avg
0.13
5Y Avg
0.12
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| American Airlines Group Inc. (AAL) | $8.63B | -9.00 | -9.18 | -8.67 | -7.75 |
| Pentair plc (PNR)vs › | $8.53B | 0.47 | 0.48 | 0.63 | 0.56 |
| Dycom Industries, Inc. (DY)vs › | $8.78B | 1.48 | 1.61 | 1.10 | 1.10 |
| The Timken Company (TKR)vs › | $8.42B | 0.65 | 0.74 | 0.85 | 0.82 |
| Booz Allen Hamilton Holding Corporation (BAH)vs › | $8.22B | 3.46 | 3.97 | 3.63 | 3.33 |
| AGCO Corporation (AGCO)vs › | $8.21B | 0.03 | 0.69 | 0.53 | 0.53 |
| Kratos Defense & Security Solutions, Inc. (KTOS)vs › | $8.11B | 0.06 | 0.14 | 0.23 | 0.28 |
| Saia, Inc. (SAIA)vs › | $9.13B | 0.10 | 0.15 | 0.12 | 0.13 |
| A. O. Smith Corporation (AOS)vs › | $7.99B | 0.37 | 0.11 | 0.13 | 0.12 |
| Valmont Industries, Inc. (VMI)vs › | $9.37B | 0.50 | 0.56 | 0.68 | 0.70 |
Debt/Equity
-9.00
Current Ratio
0.53
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2026-06-30 | -9.00 |
| 2026-03-31 | -8.56 |
| 2025-12-31 | -9.65 |
| 2025-09-30 | -9.10 |
| 2025-06-30 | -9.61 |
| 2025-03-31 | -8.12 |
| 2024-12-31 | -9.44 |
| 2024-09-30 | -8.07 |
| 2024-06-30 | -8.31 |
| 2024-03-31 | -7.28 |
| 2023-12-31 | -7.82 |
| 2023-09-30 | -8.02 |
| 2023-06-30 | -9.71 |
| 2023-03-31 | -7.44 |
| 2022-12-31 | -7.53 |
| 2022-09-30 | -5.66 |
| 2022-06-30 | -5.33 |
| 2022-03-31 | -5.13 |
| 2021-12-31 | -6.29 |
| 2021-09-30 | -6.27 |
| 2021-06-30 | -6.30 |
| 2021-03-31 | -6.04 |
| 2020-12-31 | -5.97 |
| 2020-09-30 | -7.45 |
| 2020-06-30 | -12.64 |
| 2020-03-31 | -12.93 |
| 2019-12-31 | -283.42 |
| 2019-09-30 | 215.25 |
| 2019-06-30 | -1579.45 |
| 2019-03-31 | -52.58 |
| 2018-12-31 | -201.36 |
| 2018-09-30 | -43.60 |
| 2018-06-30 | -27.71 |
| 2018-03-31 | -24.30 |
| 2017-12-31 | -32.13 |
| 2017-09-30 | 6.25 |
| 2017-06-30 | 6.69 |
| 2017-03-31 | 7.10 |
| 2016-12-31 | 6.43 |
| 2016-09-30 | 5.32 |
| 2016-06-30 | 5.30 |
| 2016-03-31 | 4.62 |
| 2015-12-31 | 3.65 |
| 2015-09-30 | 5.47 |
| 2015-06-30 | 5.17 |
| 2015-03-31 | 6.85 |
| 2014-12-31 | 8.77 |
| 2014-09-30 | 3.44 |
| 2014-06-30 | 4.09 |
| 2014-03-31 | 15.24 |
| 2013-12-31 | -6.15 |
| 2013-09-30 | -1.33 |
| 2013-06-30 | -1.18 |
| 2013-03-31 | -0.99 |
| 2012-12-31 | -1.12 |
| 2012-09-30 | -1.09 |
| 2012-06-30 | -0.93 |
| 2012-03-31 | -1.54 |
| 2011-12-31 | -1.16 |
| 2011-09-30 | -2.40 |
| 2011-06-30 | -2.64 |
| 2011-03-31 | -4.15 |
| 2010-12-31 | -2.82 |
| 2010-09-30 | -3.10 |
| 2010-06-30 | -2.93 |
| 2010-03-31 | -3.97 |
| 2009-12-31 | -3.35 |
| 2009-09-30 | -5.30 |
| 2009-06-30 | -4.65 |
| 2009-03-31 | -4.55 |
| 2008-12-31 | -5.00 |
| 2008-09-30 | 16.63 |
| 2008-06-30 | 9.50 |
| 2008-03-31 | 6.19 |
| 2007-12-31 | 5.69 |
| 2007-09-30 | 14.48 |
| 2007-06-30 | 20.59 |
| 2007-03-31 | 56.46 |
| 2006-12-31 | -22.10 |
| 2006-09-30 | -27.07 |
| 2006-06-30 | -27.80 |
| 2006-03-31 | -11.28 |
| 2005-12-31 | -9.94 |
| 2005-09-30 | -19.47 |
| 2005-06-30 | -23.14 |
| 2005-03-31 | -20.45 |
| 2004-12-31 | -24.66 |
| 2004-09-30 | -45.81 |
| 2004-06-30 | -118.34 |
| 2004-03-31 | -106.61 |
| 2003-12-31 | 302.83 |
| 2003-09-30 | -26.69 |
| 2003-06-30 | -26.41 |
| 2003-03-31 | -128.94 |
| 2002-12-31 | 15.42 |
| 2002-09-30 | 4.97 |