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 -7.16 is 205% below its 5-year average of -2.35, near the high end of its 5-year range (-222.65–5.60).
As of the fiscal period ended Tuesday, June 30, 2026. 54.97% above its 12-month average of -15.90.
Reported quarterly debt to equity ratio; no daily interpolation.
DEBT TO EQUITY RATIO
-7.16
DEBT TO EQUITY RATIO AVG TTM
-15.90
DEBT TO EQUITY RATIO AVG 3Y
-6.22
DEBT TO EQUITY RATIO AVG 5Y
-2.35
DEBT TO EQUITY RATIO AVG 10Y
2.78
DEBT TO EQUITY RATIO AVG 15Y
2.67
DEBT TO EQUITY RATIO AVG 20Y
2.57
CURRENT VS TTM AVG
+54.97%
CURRENT VS 3Y AVG
-15.00%
CURRENT VS 5Y AVG
-204.70%
CURRENT VS 10Y AVG
-357.05%
CURRENT VS 15Y AVG
-368.18%
CURRENT VS 20Y AVG
-378.92%
SECTOR MEDIAN · REAL ESTATE
0.86
median of 38 covered companies
CURRENT VS SECTOR MEDIAN
-927.42%
vs the sector median at left
Crown Castle Inc.
Market Cap
$33.27B
Debt to Equity Ratio
-7.16
TTM Avg
-15.90
3Y Avg
-6.22
5Y Avg
-2.35
Market Cap
$34.97B
Debt to Equity Ratio
N/A
TTM Avg
45.37
3Y Avg
28.52
5Y Avg
20.95
Market Cap
$29.46B
Debt to Equity Ratio
1.09
TTM Avg
1.02
3Y Avg
1.28
5Y Avg
1.58
Market Cap
$28.07B
Debt to Equity Ratio
0.61
TTM Avg
0.66
3Y Avg
0.67
5Y Avg
0.64
Market Cap
$26.28B
Debt to Equity Ratio
0.76
TTM Avg
0.74
3Y Avg
0.73
5Y Avg
0.73
Market Cap
$20.04B
Debt to Equity Ratio
N/A
TTM Avg
12.33
3Y Avg
11.19
5Y Avg
8.52
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Crown Castle Inc. (CCI) | $33.27B | -7.16 | -15.90 | -6.22 | -2.35 |
| Iron Mountain Incorporated (IRM)vs › | $34.97B | N/A | 45.37 | 28.52 | 20.95 |
| Extra Space Storage Inc. (EXR)vs › | $29.46B | 1.09 | 1.02 | 1.28 | 1.58 |
| VICI Properties Inc. (VICI)vs › | $28.07B | 0.61 | 0.66 | 0.67 | 0.64 |
| AvalonBay Communities, Inc. (AVB)vs › | $26.28B | 0.76 | 0.74 | 0.73 | 0.73 |
| CBRE Group, Inc. (CBRE)vs › | $41.31B | 1.26 | 0.91 | 0.71 | 0.65 |
| Equity Residential (EQR)vs › | $23.87B | 0.81 | 0.78 | 0.73 | 0.76 |
| Ventas, Inc. (VTR)vs › | $43.95B | 0.93 | 1.17 | 1.25 | 1.22 |
| SBA Communications Corporation (SBAC)vs › | $20.04B | N/A | 12.33 | 11.19 | 8.52 |
| Essex Property Trust, Inc. (ESS)vs › | $17.89B | 1.27 | 1.23 | 1.17 | 1.13 |
Debt/Equity
-7.16
Current Ratio
0.50
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 | -7.16 |
| 2026-03-31 | -12.86 |
| 2025-12-31 | -18.08 |
| 2025-09-30 | -19.99 |
| 2025-06-30 | -21.39 |
| 2025-03-31 | -23.68 |
| 2024-12-31 | -222.65 |
| 2024-09-30 | 5.60 |
| 2024-06-30 | 5.20 |
| 2024-03-31 | 4.82 |
| 2023-12-31 | 4.52 |
| 2023-09-30 | 4.31 |
| 2023-06-30 | 4.05 |
| 2023-03-31 | 3.95 |
| 2022-12-31 | 3.75 |
| 2022-09-30 | 3.62 |
| 2022-06-30 | 3.52 |
| 2022-03-31 | 3.43 |
| 2021-12-31 | 3.27 |
| 2021-09-30 | 3.14 |
| 2021-06-30 | 3.03 |
| 2021-03-31 | 2.92 |
| 2020-12-31 | 2.69 |
| 2020-09-30 | 2.67 |
| 2020-06-30 | 2.75 |
| 2020-03-31 | 2.43 |
| 2019-12-31 | 2.28 |
| 2019-09-30 | 2.09 |
| 2019-06-30 | 2.02 |
| 2019-03-31 | 1.94 |
| 2018-12-31 | 1.44 |
| 2018-09-30 | 1.34 |
| 2018-06-30 | 1.27 |
| 2018-03-31 | 1.23 |
| 2017-12-31 | 1.31 |
| 2017-09-30 | 1.20 |
| 2017-06-30 | 1.82 |
| 2017-03-31 | 1.83 |
| 2016-12-31 | 1.61 |
| 2016-09-30 | 1.86 |
| 2016-06-30 | 1.79 |
| 2016-03-31 | 1.66 |
| 2015-12-31 | 1.73 |
| 2015-09-30 | 1.68 |
| 2015-06-30 | 1.50 |
| 2015-03-31 | 1.85 |
| 2014-12-31 | 1.77 |
| 2014-09-30 | 1.69 |
| 2014-06-30 | 1.69 |
| 2014-03-31 | 1.67 |
| 2013-12-31 | 1.67 |
| 2013-09-30 | 3.61 |
| 2013-06-30 | 3.71 |
| 2013-03-31 | 3.67 |
| 2012-12-31 | 3.95 |
| 2012-09-30 | 2.85 |
| 2012-06-30 | 3.23 |
| 2012-03-31 | 3.08 |
| 2011-12-31 | 2.56 |
| 2011-09-30 | 3.00 |
| 2011-06-30 | 2.88 |
| 2011-03-31 | 2.73 |
| 2010-12-31 | 2.77 |
| 2010-09-30 | 2.78 |
| 2010-06-30 | 2.57 |
| 2010-03-31 | 2.38 |
| 2009-12-31 | 2.24 |
| 2009-09-30 | 2.15 |
| 2009-06-30 | 2.14 |
| 2009-03-31 | 2.34 |
| 2008-12-31 | 2.24 |
| 2008-09-30 | 1.93 |
| 2008-06-30 | 1.94 |
| 2008-03-31 | 2.02 |
| 2007-12-31 | 1.92 |
| 2007-09-30 | 1.76 |
| 2007-06-30 | 1.71 |
| 2007-03-31 | 1.72 |
| 2006-12-31 | 4.65 |
| 2006-09-30 | 3.50 |
| 2006-06-30 | 3.32 |
| 2006-03-31 | 1.91 |
| 2005-12-31 | 1.93 |
| 2005-09-30 | 1.77 |
| 2005-06-30 | 1.53 |
| 2005-03-31 | 1.01 |
| 2004-12-31 | 1.00 |
| 2004-09-30 | 0.89 |
| 2004-06-30 | 1.66 |
| 2004-03-31 | 1.62 |
| 2003-12-31 | 1.92 |
| 2003-09-30 | 1.58 |
| 2003-06-30 | 1.53 |
| 2003-03-31 | 1.51 |
| 2002-12-31 | 1.46 |
| 2002-09-30 | 1.56 |
