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 -2.17 is in line with its 5-year average of -2.34, around the middle of its 5-year range (-22.91–11.79).
As of the fiscal period ended Tuesday, March 31, 2026. 27.05% above its 12-month average of -2.98.
Reported quarterly debt to equity ratio; no daily interpolation.
DEBT TO EQUITY RATIO
-2.17
DEBT TO EQUITY RATIO AVG TTM
-2.98
DEBT TO EQUITY RATIO AVG 3Y
-3.75
DEBT TO EQUITY RATIO AVG 5Y
-0.22
DEBT TO EQUITY RATIO AVG 10Y
0.26
DEBT TO EQUITY RATIO AVG 15Y
1.09
DEBT TO EQUITY RATIO AVG 20Y
0.92
CURRENT VS TTM AVG
+27.05%
CURRENT VS 3Y AVG
+42.03%
CURRENT VS 5Y AVG
-882.44%
CURRENT VS 10Y AVG
-924.78%
CURRENT VS 15Y AVG
-300.09%
CURRENT VS 20Y AVG
-335.26%
SECTOR MEDIAN · CONSUMER CYCLICAL
0.87
median of 86 covered companies
CURRENT VS SECTOR MEDIAN
-349.58%
vs the sector median at left
Booking Holdings Inc.
Market Cap
$137.51B
Debt to Equity Ratio
-2.17
TTM Avg
-2.98
3Y Avg
-3.75
5Y Avg
-0.22
Market Cap
$117.67B
Debt to Equity Ratio
-3.29
TTM Avg
4.40
3Y Avg
2.45
5Y Avg
1.75
Market Cap
$117.66B
Debt to Equity Ratio
0.01
TTM Avg
0.02
3Y Avg
0.06
5Y Avg
0.11
Market Cap
$116.43B
Debt to Equity Ratio
-4.51
TTM Avg
15.14
3Y Avg
9.40
5Y Avg
6.95
Market Cap
$170.33B
Debt to Equity Ratio
1.32
TTM Avg
1.42
3Y Avg
1.64
5Y Avg
1.88
Market Cap
$101.02B
Debt to Equity Ratio
0.36
TTM Avg
0.26
3Y Avg
0.25
5Y Avg
0.38
Market Cap
$98.73B
Debt to Equity Ratio
-4.53
TTM Avg
13.74
3Y Avg
17.59
5Y Avg
12.81
Market Cap
$91.33B
Debt to Equity Ratio
1.69
TTM Avg
1.63
3Y Avg
1.99
5Y Avg
1.93
Market Cap
$188.11B
Debt to Equity Ratio
-30.61
TTM Avg
2.28
3Y Avg
1.58
5Y Avg
1.33
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Booking Holdings Inc. (BKNG) | $137.51B | -2.17 | -2.98 | -3.75 | -0.22 |
| Starbucks Corporation (SBUX)vs › | $117.67B | -3.29 | 4.40 | 2.45 | 1.75 |
| PDD Holdings Inc. (PDD)vs › | $117.66B | 0.01 | 0.02 | 0.06 | 0.11 |
| Lowe's Companies, Inc. (LOW)vs › | $116.43B | -4.51 | 15.14 | 9.40 | 6.95 |
| The TJX Companies, Inc. (TJX)vs › | $170.33B | 1.32 | 1.42 | 1.64 | 1.88 |
| BYD Company Limited (BYDDY)vs › | $101.02B | 0.36 | 0.26 | 0.25 | 0.38 |
| Marriott International, Inc. (MAR)vs › | $98.73B | -4.53 | 13.74 | 17.59 | 12.81 |
| MercadoLibre, Inc. (MELI)vs › | $91.33B | 1.69 | 1.63 | 1.99 | 1.93 |
| McDonald's Corporation (MCD)vs › | $188.11B | -30.61 | 2.28 | 1.58 | 1.33 |
| Airbnb, Inc. (ABNB)vs › | $83.74B | 0.28 | 0.28 | 0.31 | 0.43 |
Debt/Equity
-2.17
Current Ratio
1.33
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 | -2.17 |
| 2025-12-31 | -3.46 |
| 2025-09-30 | -3.70 |
| 2025-06-30 | -2.85 |
| 2025-03-31 | -2.70 |
| 2024-12-31 | -4.25 |
| 2024-09-30 | -4.58 |
| 2024-06-30 | -4.05 |
| 2024-03-31 | -4.31 |
| 2023-12-31 | -5.39 |
| 2023-09-30 | -22.91 |
| 2023-06-30 | -21.93 |
| 2023-03-31 | 11.79 |
| 2022-12-31 | 4.69 |
| 2022-09-30 | 2.58 |
| 2022-06-30 | 2.45 |
| 2022-03-31 | 2.31 |
| 2021-12-31 | 1.83 |
| 2021-09-30 | 2.04 |
| 2021-06-30 | 2.60 |
| 2021-03-31 | 2.97 |
| 2020-12-31 | 2.53 |
| 2020-09-30 | 2.49 |
| 2020-06-30 | 3.01 |
| 2020-03-31 | 2.34 |
| 2019-12-31 | 1.53 |
| 2019-09-30 | 1.51 |
| 2019-06-30 | 1.73 |
| 2019-03-31 | 1.31 |
| 2018-12-31 | 0.98 |
| 2018-09-30 | 0.87 |
| 2018-06-30 | 0.83 |
| 2018-03-31 | 0.84 |
| 2017-12-31 | 0.85 |
| 2017-09-30 | 0.75 |
| 2017-06-30 | 0.73 |
| 2017-03-31 | 0.76 |
| 2016-12-31 | 0.72 |
| 2016-09-30 | 0.74 |
| 2016-06-30 | 0.78 |
| 2016-03-31 | 0.70 |
| 2015-12-31 | 0.70 |
| 2015-09-30 | 0.64 |
| 2015-06-30 | 0.63 |
| 2015-03-31 | 0.61 |
| 2014-12-31 | 0.45 |
| 2014-09-30 | 0.45 |
| 2014-06-30 | 0.23 |
| 2014-03-31 | 0.26 |
| 2013-12-31 | 0.27 |
| 2013-09-30 | 0.35 |
| 2013-06-30 | 0.38 |
| 2013-03-31 | 0.35 |
| 2012-12-31 | 0.35 |
| 2012-09-30 | 0.41 |
| 2012-06-30 | 0.49 |
| 2012-03-31 | 0.56 |
| 2011-12-31 | 0.22 |
| 2011-09-30 | 0.24 |
| 2011-06-30 | 0.29 |
| 2011-03-31 | 0.33 |
| 2010-12-31 | 0.26 |
| 2010-09-30 | 0.29 |
| 2010-06-30 | 0.37 |
| 2010-03-31 | 0.42 |
| 2009-12-31 | 0.15 |
| 2009-09-30 | 0.23 |
| 2009-06-30 | 0.42 |
| 2009-03-31 | 0.53 |
| 2008-12-31 | 0.54 |
| 2008-09-30 | 0.64 |
| 2008-06-30 | 0.75 |
| 2008-03-31 | 0.91 |
| 2007-12-31 | 0.98 |
| 2007-09-30 | 1.06 |
| 2007-06-30 | 1.40 |
| 2007-03-31 | 1.58 |
| 2006-12-31 | 1.63 |
| 2006-09-30 | 1.65 |
| 2006-06-30 | 0.55 |
| 2006-03-31 | 0.60 |
| 2005-12-31 | 0.61 |
| 2005-09-30 | 0.59 |
| 2005-06-30 | 1.07 |
| 2005-03-31 | 1.10 |
| 2004-12-31 | 1.13 |
| 2004-09-30 | 1.23 |
| 2004-06-30 | 1.31 |
| 2004-03-31 | 0.81 |
| 2003-12-31 | 0.84 |
| 2003-09-30 | 0.79 |
| 2003-06-30 | 0.00 |
| 2003-03-31 | 0.00 |
| 2002-12-31 | 0.00 |
| 2002-09-30 | 0.00 |
| 2002-06-30 | 0.00 |