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 0.00 is 100% below its 5-year average of 0.01, near the low end of its 5-year range (0.00–0.02).
As of the fiscal period ended Tuesday, March 31, 2026.
Reported quarterly debt to equity ratio; no daily interpolation.
DEBT TO EQUITY RATIO
0.00
DEBT TO EQUITY RATIO AVG TTM
0.00
DEBT TO EQUITY RATIO AVG 3Y
0.00
DEBT TO EQUITY RATIO AVG 5Y
0.01
DEBT TO EQUITY RATIO AVG 10Y
0.02
DEBT TO EQUITY RATIO AVG 15Y
N/A
DEBT TO EQUITY RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
-100.00%
CURRENT VS 10Y AVG
-100.00%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.35
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
-100.00%
vs the sector median at left
Arista Networks, Inc.
Market Cap
$219.08B
Debt to Equity Ratio
0.00
TTM Avg
0.00
3Y Avg
0.00
5Y Avg
0.01
Market Cap
$212.74B
Debt to Equity Ratio
0.22
TTM Avg
0.15
3Y Avg
0.12
5Y Avg
0.11
Market Cap
$201.80B
Debt to Equity Ratio
2.06
TTM Avg
2.10
3Y Avg
2.33
5Y Avg
2.57
Market Cap
$190.97B
Debt to Equity Ratio
-11.03
TTM Avg
30.24
3Y Avg
20.95
5Y Avg
13.54
Market Cap
$187.82B
Debt to Equity Ratio
1.16
TTM Avg
0.95
3Y Avg
0.79
5Y Avg
0.79
Market Cap
$186.63B
Debt to Equity Ratio
0.19
TTM Avg
0.21
3Y Avg
0.33
5Y Avg
0.49
Market Cap
$254.44B
Debt to Equity Ratio
0.95
TTM Avg
0.92
3Y Avg
0.80
5Y Avg
0.77
Market Cap
$181.13B
Debt to Equity Ratio
0.26
TTM Avg
0.24
3Y Avg
0.23
5Y Avg
0.21
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Arista Networks, Inc. (ANET) | $219.08B | 0.00 | 0.00 | 0.00 | 0.01 |
| Sandisk Corporation (SNDK)vs › | $212.74B | 0.22 | 0.15 | 0.12 | 0.11 |
| International Business Machines Corporation (IBM)vs › | $201.80B | 2.06 | 2.10 | 2.33 | 2.57 |
| Seagate Technology Holdings plc (STX)vs › | $190.97B | -11.03 | 30.24 | 20.95 | 13.54 |
| Amphenol Corporation (APH)vs › | $187.82B | 1.16 | 0.95 | 0.79 | 0.79 |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $186.63B | 0.19 | 0.21 | 0.33 | 0.49 |
| SAP SE (SAP)vs › | $186.44B | 0.18 | 0.21 | 0.23 | 0.31 |
| Texas Instruments Incorporated (TXN)vs › | $254.44B | 0.95 | 0.92 | 0.80 | 0.77 |
| Analog Devices, Inc. (ADI)vs › | $181.13B | 0.26 | 0.24 | 0.23 | 0.21 |
| Western Digital Corporation (WDC)vs › | $179.17B | 0.96 | 0.84 | 0.77 | 0.81 |
Debt/Equity
0.00
Current Ratio
3.05
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 |
|---|---|
| 2026-03-31 | 0.00 |
| 2025-12-31 | 0.00 |
| 2025-09-30 | 0.00 |
| 2025-06-30 | 0.00 |
| 2025-03-31 | 0.00 |
| 2024-12-31 | 0.00 |
| 2024-09-30 | 0.00 |
| 2024-06-30 | 0.00 |
| 2024-03-31 | 0.00 |
| 2023-12-31 | 0.00 |
| 2023-09-30 | 0.01 |
| 2023-06-30 | 0.01 |
| 2023-03-31 | 0.01 |
| 2022-12-31 | 0.01 |
| 2022-09-30 | 0.01 |
| 2022-06-30 | 0.01 |
| 2022-03-31 | 0.01 |
| 2021-12-31 | 0.01 |
| 2021-09-30 | 0.02 |
| 2021-06-30 | 0.02 |
| 2021-03-31 | 0.02 |
| 2020-12-31 | 0.02 |
| 2020-09-30 | 0.02 |
| 2020-06-30 | 0.02 |
| 2020-03-31 | 0.03 |
| 2019-12-31 | 0.03 |
| 2019-09-30 | 0.03 |
| 2019-06-30 | 0.04 |
| 2019-03-31 | 0.04 |
| 2018-12-31 | 0.02 |
| 2018-09-30 | 0.02 |
| 2018-06-30 | 0.02 |
| 2018-03-31 | 0.02 |
| 2017-12-31 | 0.02 |
| 2017-09-30 | 0.03 |
| 2017-06-30 | 0.03 |
| 2017-03-31 | 0.03 |
| 2016-12-31 | 0.04 |
| 2016-09-30 | 0.04 |
| 2016-06-30 | 0.04 |
| 2016-03-31 | 0.05 |
| 2015-12-31 | 0.05 |
| 2015-09-30 | 0.06 |
| 2015-06-30 | 0.06 |
| 2015-03-31 | 0.07 |
| 2014-12-31 | 0.08 |
| 2014-09-30 | 0.09 |
| 2014-06-30 | 0.09 |
| 2014-03-31 | 1.48 |
| 2013-12-31 | 1.84 |
| 2013-09-30 | 2.53 |
| 2013-06-30 | 0.00 |
| 2013-03-31 | 0.00 |
| 2012-12-31 | 6.50 |