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 0.76 is in line with its 5-year average of 0.73, around the middle of its 5-year range (0.69–0.81).
As of the fiscal period ended Tuesday, June 30, 2026. 1.15% below its 12-month average of 0.77.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.76.
DEBT TO EQUITY RATIO
0.76
DEBT TO EQUITY RATIO AVG TTM
0.77
DEBT TO EQUITY RATIO AVG 3Y
0.73
DEBT TO EQUITY RATIO AVG 5Y
0.73
DEBT TO EQUITY RATIO AVG 10Y
0.72
DEBT TO EQUITY RATIO AVG 15Y
0.71
DEBT TO EQUITY RATIO AVG 20Y
0.76
CURRENT VS TTM AVG
-1.15%
CURRENT VS 3Y AVG
+4.80%
CURRENT VS 5Y AVG
+4.85%
CURRENT VS 10Y AVG
+6.78%
CURRENT VS 15Y AVG
+7.29%
CURRENT VS 20Y AVG
+0.89%
SECTOR MEDIAN · REAL ESTATE
0.86
median of 38 covered companies
CURRENT VS SECTOR MEDIAN
-11.63%
vs the sector median at left
AvalonBay Communities, Inc.
Market Cap
$26.28B
Debt to Equity Ratio
0.76
TTM Avg
0.77
3Y Avg
0.73
5Y Avg
0.73
Market Cap
$27.34B
Debt to Equity Ratio
0.61
TTM Avg
0.66
3Y Avg
0.67
5Y Avg
0.64
Market Cap
$29.08B
Debt to Equity Ratio
1.09
TTM Avg
1.02
3Y Avg
1.28
5Y Avg
1.58
Market Cap
$19.67B
Debt to Equity Ratio
N/A
TTM Avg
12.33
3Y Avg
11.19
5Y Avg
8.52
Market Cap
$34.27B
Debt to Equity Ratio
N/A
TTM Avg
45.37
3Y Avg
28.52
5Y Avg
20.95
Market Cap
$17.54B
Debt to Equity Ratio
1.27
TTM Avg
1.23
3Y Avg
1.17
5Y Avg
1.13
Market Cap
$16.36B
Debt to Equity Ratio
0.94
TTM Avg
0.86
3Y Avg
0.83
5Y Avg
0.84
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AvalonBay Communities, Inc. (AVB) | $26.28B | 0.76 | 0.77 | 0.73 | 0.73 |
| VICI Properties Inc. (VICI)vs › | $27.34B | 0.61 | 0.66 | 0.67 | 0.64 |
| Equity Residential (EQR)vs › | $23.87B | 0.81 | 0.78 | 0.73 | 0.76 |
| Extra Space Storage Inc. (EXR)vs › | $29.08B | 1.09 | 1.02 | 1.28 | 1.58 |
| SBA Communications Corporation (SBAC)vs › | $19.67B | N/A | 12.33 | 11.19 | 8.52 |
| Crown Castle Inc. (CCI)vs › | $33.05B | N/A | 4.13 | 3.56 | 2.99 |
| Iron Mountain Incorporated (IRM)vs › | $34.27B | N/A | 45.37 | 28.52 | 20.95 |
| Essex Property Trust, Inc. (ESS)vs › | $17.54B | 1.27 | 1.23 | 1.17 | 1.13 |
| Invitation Homes Inc. (INVH)vs › | $16.36B | 0.94 | 0.86 | 0.83 | 0.84 |
| Weyerhaeuser Company (WY)vs › | $15.91B | 0.57 | 0.56 | 0.52 | 0.53 |
Debt/Equity
0.76
Current Ratio
0.07
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 | 0.76 |
| 2026-03-31 | 0.81 |
| 2025-12-31 | 0.80 |
| 2025-09-30 | 0.74 |
| 2025-06-30 | 0.74 |
| 2025-03-31 | 0.71 |
| 2024-12-31 | 0.69 |
| 2024-09-30 | 0.72 |
| 2024-06-30 | 0.73 |
| 2024-03-31 | 0.69 |
| 2023-12-31 | 0.69 |
| 2023-09-30 | 0.69 |
| 2023-06-30 | 0.70 |
| 2023-03-31 | 0.74 |
| 2022-12-31 | 0.75 |
| 2022-09-30 | 0.73 |
| 2022-06-30 | 0.75 |
| 2022-03-31 | 0.74 |
| 2021-12-31 | 0.76 |
| 2021-09-30 | 0.74 |
| 2021-06-30 | 0.71 |
| 2021-03-31 | 0.72 |
| 2020-12-31 | 0.72 |
| 2020-09-30 | 0.73 |
| 2020-06-30 | 0.72 |
| 2020-03-31 | 0.76 |
| 2019-12-31 | 0.68 |
| 2019-09-30 | 0.69 |
| 2019-06-30 | 0.70 |
| 2019-03-31 | 0.67 |
| 2018-12-31 | 0.66 |
| 2018-09-30 | 0.72 |
| 2018-06-30 | 0.73 |
| 2018-03-31 | 0.74 |
| 2017-12-31 | 0.71 |
| 2017-09-30 | 0.69 |
| 2017-06-30 | 0.68 |
| 2017-03-31 | 0.68 |
| 2016-12-31 | 0.69 |
| 2016-09-30 | 0.68 |
| 2016-06-30 | 0.69 |
| 2016-03-31 | 0.66 |
| 2015-12-31 | 0.66 |
| 2015-09-30 | 0.64 |
| 2015-06-30 | 0.70 |
| 2015-03-31 | 0.72 |
| 2014-12-31 | 0.72 |
| 2014-09-30 | 0.69 |
| 2014-06-30 | 0.71 |
| 2014-03-31 | 0.74 |
| 2013-12-31 | 0.71 |
| 2013-09-30 | 0.72 |
| 2013-06-30 | 0.68 |
| 2013-03-31 | 0.68 |
| 2012-12-31 | 0.56 |
| 2012-09-30 | 0.82 |
| 2012-06-30 | 0.73 |
| 2012-03-31 | 0.77 |
| 2011-12-31 | 0.82 |
| 2011-09-30 | 0.92 |
| 2011-06-30 | 1.15 |
| 2011-03-31 | 1.18 |
| 2010-12-31 | 1.21 |
| 2010-09-30 | 1.19 |
| 2010-06-30 | 1.18 |
| 2010-03-31 | 1.26 |
| 2009-12-31 | 1.31 |
| 2009-09-30 | 1.44 |
| 2009-06-30 | 1.39 |
| 2009-03-31 | 1.25 |
| 2008-12-31 | 1.25 |
| 2008-09-30 | 1.07 |
| 2008-06-30 | 1.13 |
| 2008-03-31 | 1.24 |
| 2007-12-31 | 1.04 |
| 2007-09-30 | 0.99 |
| 2007-06-30 | 0.93 |
| 2007-03-31 | 0.89 |
| 2006-12-31 | 1.09 |
| 2006-09-30 | 0.18 |
| 2006-06-30 | 0.89 |
| 2006-03-31 | 0.88 |
| 2005-12-31 | 0.93 |
| 2005-09-30 | 0.96 |
| 2005-06-30 | 1.00 |
| 2005-03-31 | 1.00 |
| 2004-12-31 | 1.02 |
| 2004-09-30 | 1.01 |
| 2004-06-30 | 1.00 |
| 2004-03-31 | 0.92 |
| 2003-12-31 | 1.01 |
| 2003-09-30 | 1.02 |
| 2003-06-30 | 1.14 |
| 2003-03-31 | 1.11 |
| 2002-12-31 | 1.11 |
| 2002-09-30 | 0.96 |
