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 1.57 is 126% above its 5-year average of -5.99, around the middle of its 5-year range (-174.84–187.77).
As of the fiscal period ended Tuesday, March 31, 2026. 25.23% below its 12-month average of 2.10.
Reported quarterly debt to equity ratio; no daily interpolation.
DEBT TO EQUITY RATIO
1.57
DEBT TO EQUITY RATIO AVG TTM
2.10
DEBT TO EQUITY RATIO AVG 3Y
-1.57
DEBT TO EQUITY RATIO AVG 5Y
-0.48
DEBT TO EQUITY RATIO AVG 10Y
2.01
DEBT TO EQUITY RATIO AVG 15Y
1.49
DEBT TO EQUITY RATIO AVG 20Y
1.14
CURRENT VS TTM AVG
-25.23%
CURRENT VS 3Y AVG
+200.40%
CURRENT VS 5Y AVG
+429.99%
CURRENT VS 10Y AVG
-21.74%
CURRENT VS 15Y AVG
+5.44%
CURRENT VS 20Y AVG
+38.31%
SECTOR MEDIAN · FINANCIAL SERVICES
0.54
median of 95 covered companies
CURRENT VS SECTOR MEDIAN
+191.39%
vs the sector median at left
Market Cap
$78.70B
Debt to Equity Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$74.01B
Debt to Equity Ratio
0.41
TTM Avg
0.24
3Y Avg
0.15
5Y Avg
0.27
Market Cap
$80.77B
Debt to Equity Ratio
0.28
TTM Avg
0.29
3Y Avg
0.31
5Y Avg
0.28
Market Cap
$82.40B
Debt to Equity Ratio
1.81
TTM Avg
1.99
3Y Avg
2.33
5Y Avg
2.78
Market Cap
$82.45B
Debt to Equity Ratio
0.70
TTM Avg
0.72
3Y Avg
0.79
5Y Avg
0.77
Market Cap
$70.69B
Debt to Equity Ratio
0.57
TTM Avg
0.59
3Y Avg
0.71
5Y Avg
2.80
Market Cap
$85.47B
Debt to Equity Ratio
1.68
TTM Avg
1.31
3Y Avg
0.85
5Y Avg
0.78
Market Cap
$86.25B
Debt to Equity Ratio
1.42
TTM Avg
1.53
3Y Avg
1.40
5Y Avg
1.38
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Aon plc (AON) | $77.25B | 1.57 | 2.10 | -1.57 | -0.48 |
| iShares Russell 2000 ETF (IWM)vs › | $78.70B | N/A | N/A | N/A | N/A |
| Brookfield Asset Management Ltd. (BAM)vs › | $74.01B | 0.41 | 0.24 | 0.15 | 0.27 |
| The Travelers Companies, Inc. (TRV)vs › | $80.77B | 0.28 | 0.29 | 0.31 | 0.28 |
| Moody's Corporation (MCO)vs › | $82.40B | 1.81 | 1.99 | 2.33 | 2.78 |
| Intercontinental Exchange, Inc. (ICE)vs › | $82.45B | 0.70 | 0.72 | 0.79 | 0.77 |
| Apollo Global Management, Inc. (APO)vs › | $70.69B | 0.57 | 0.59 | 0.71 | 2.80 |
| Robinhood Markets, Inc. (HOOD)vs › | $85.47B | 1.68 | 1.31 | 0.85 | 0.78 |
| Marsh & McLennan Companies, Inc. (MRSH)vs › | $86.25B | 1.42 | 1.53 | 1.40 | 1.38 |
| Nu Holdings Ltd. (NU)vs › | $68.24B | 0.46 | 0.29 | 0.23 | 0.23 |
Debt/Equity
1.57
Current Ratio
1.11
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 | 1.57 |
| 2025-12-31 | 1.77 |
| 2025-09-30 | 2.22 |
| 2025-06-30 | 2.32 |
| 2025-03-31 | 2.64 |
| 2024-12-31 | 2.92 |
| 2024-09-30 | 2.91 |
| 2024-06-30 | 3.16 |
| 2024-03-31 | -130.20 |
| 2023-12-31 | -14.57 |
| 2023-09-30 | -20.63 |
| 2023-06-30 | 187.77 |
| 2023-03-31 | -174.84 |
| 2022-12-31 | -22.07 |
| 2022-09-30 | -14.95 |
| 2022-06-30 | 16.57 |
| 2022-03-31 | 9.57 |
| 2021-12-31 | 9.82 |
| 2021-09-30 | 4.29 |
| 2021-06-30 | 1.88 |
| 2021-03-31 | 1.97 |
| 2020-12-31 | 2.55 |
| 2020-09-30 | 2.52 |
| 2020-06-30 | 2.57 |
| 2020-03-31 | 2.93 |
| 2019-12-31 | 2.54 |
| 2019-09-30 | 2.43 |
| 2019-06-30 | 2.30 |
| 2019-03-31 | 1.61 |
| 2018-12-31 | 1.54 |
| 2018-09-30 | 1.54 |
| 2018-06-30 | 1.45 |
| 2018-03-31 | 1.18 |
| 2017-12-31 | 1.34 |
| 2017-09-30 | 1.18 |
| 2017-06-30 | 1.10 |
| 2017-03-31 | 1.11 |
| 2016-12-31 | 1.16 |
| 2016-09-30 | 1.16 |
| 2016-06-30 | 1.15 |
| 2016-03-31 | 1.28 |
| 2015-12-31 | 0.96 |
| 2015-09-30 | 1.07 |
| 2015-06-30 | 0.97 |
| 2015-03-31 | 0.92 |
| 2014-12-31 | 0.88 |
| 2014-09-30 | 0.79 |
| 2014-06-30 | 0.80 |
| 2014-03-31 | 0.62 |
| 2013-12-31 | 0.56 |
| 2013-09-30 | 0.60 |
| 2013-06-30 | 0.59 |
| 2013-03-31 | 0.60 |
| 2012-12-31 | 0.56 |
| 2012-09-30 | 0.53 |
| 2012-06-30 | 0.55 |
| 2012-03-31 | 0.53 |
| 2011-12-31 | 0.56 |
| 2011-09-30 | 0.56 |
| 2011-06-30 | 0.54 |
| 2011-03-31 | 0.58 |
| 2010-12-31 | 0.55 |
| 2010-09-30 | 0.65 |
| 2010-06-30 | 0.36 |
| 2010-03-31 | 0.39 |
| 2009-12-31 | 0.37 |
| 2009-09-30 | 0.34 |
| 2009-06-30 | 0.33 |
| 2009-03-31 | 0.35 |
| 2008-12-31 | 0.37 |
| 2008-09-30 | 0.33 |
| 2008-06-30 | 0.31 |
| 2008-03-31 | 0.32 |
| 2007-12-31 | 0.34 |
| 2007-09-30 | 0.36 |
| 2007-06-30 | 0.41 |
| 2007-03-31 | 0.39 |
| 2006-12-31 | 0.44 |
| 2006-09-30 | 0.44 |
| 2006-06-30 | 0.39 |
| 2006-03-31 | 0.38 |
| 2005-12-31 | 0.40 |
| 2005-09-30 | 0.35 |
| 2005-06-30 | 0.35 |
| 2005-03-31 | 0.41 |
| 2004-12-31 | 0.41 |
| 2004-09-30 | 0.40 |
| 2004-06-30 | 0.44 |
| 2004-03-31 | 0.43 |
| 2003-12-31 | 0.48 |
| 2003-09-30 | 0.35 |
| 2003-06-30 | 0.41 |
| 2003-03-31 | 0.41 |
| 2002-12-31 | 0.46 |
| 2002-09-30 | 0.59 |
| 2002-06-30 | 0.57 |
