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 1.53 is 11% above its 5-year average of 1.37, around the middle of its 5-year range (1.09–1.87).
As of the fiscal period ended Tuesday, June 30, 2026. 1.62% above its 12-month average of 1.50.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.53.
DEBT TO EQUITY RATIO
1.53
DEBT TO EQUITY RATIO AVG TTM
1.50
DEBT TO EQUITY RATIO AVG 3Y
1.38
DEBT TO EQUITY RATIO AVG 5Y
1.37
DEBT TO EQUITY RATIO AVG 10Y
1.29
DEBT TO EQUITY RATIO AVG 15Y
1.16
DEBT TO EQUITY RATIO AVG 20Y
0.99
CURRENT VS TTM AVG
+1.62%
CURRENT VS 3Y AVG
+10.30%
CURRENT VS 5Y AVG
+11.35%
CURRENT VS 10Y AVG
+18.32%
CURRENT VS 15Y AVG
+31.90%
CURRENT VS 20Y AVG
+54.16%
SECTOR MEDIAN · REAL ESTATE
1.12
median of 112 covered companies
CURRENT VS SECTOR MEDIAN
+37.00%
vs the sector median at left
Diversified Healthcare Trust
Market Cap
$1.84B
Debt to Equity Ratio
1.53
TTM Avg
1.50
3Y Avg
1.38
5Y Avg
1.37
Market Cap
$1.97B
Debt to Equity Ratio
68.69
TTM Avg
26.35
3Y Avg
26.35
5Y Avg
26.35
Market Cap
$1.97B
Debt to Equity Ratio
1.50
TTM Avg
1.52
3Y Avg
1.41
5Y Avg
1.77
Market Cap
$2.09B
Debt to Equity Ratio
0.52
TTM Avg
0.44
3Y Avg
0.42
5Y Avg
0.39
Market Cap
$2.19B
Debt to Equity Ratio
0.21
TTM Avg
1.72
3Y Avg
2.76
5Y Avg
2.42
Market Cap
$2.53B
Debt to Equity Ratio
0.79
TTM Avg
0.78
3Y Avg
0.79
5Y Avg
0.77
Market Cap
$1.08B
Debt to Equity Ratio
0.07
TTM Avg
0.43
3Y Avg
0.40
5Y Avg
0.40
Market Cap
$2.70B
Debt to Equity Ratio
0.00
TTM Avg
0.12
3Y Avg
0.12
5Y Avg
0.12
Market Cap
$948.65M
Debt to Equity Ratio
5.46
TTM Avg
3.29
3Y Avg
3.78
5Y Avg
3.64
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Diversified Healthcare Trust (DHC) | $1.84B | 1.53 | 1.50 | 1.38 | 1.37 |
| Uniti Group Inc. (UNIT)vs › | $1.97B | 68.69 | 26.35 | 26.35 | 26.35 |
| Newmark Group, Inc. (NMRK)vs › | $1.97B | 1.50 | 1.52 | 1.41 | 1.77 |
| Sunstone Hotel Investors, Inc. (SHO)vs › | $2.09B | 0.52 | 0.44 | 0.42 | 0.39 |
| Opendoor Technologies Inc. (OPEN)vs › | $2.19B | 0.21 | 1.72 | 2.76 | 2.42 |
| DiamondRock Hospitality Company (DRH)vs › | $2.53B | 0.79 | 0.78 | 0.79 | 0.77 |
| Hotel101 Global Holdings Corp. (HBNB)vs › | $1.08B | 0.07 | 0.43 | 0.40 | 0.40 |
| Fermi Inc. Common Stock (FRMI)vs › | $2.70B | 0.00 | 0.12 | 0.12 | 0.12 |
| Gladstone Commercial Corp Pref (GOODN)vs › | $948.65M | 5.46 | 3.29 | 3.78 | 3.64 |
| Service Properties Trust (SVC)vs › | $840.52M | 5.68 | 7.59 | 5.94 | 5.21 |
Debt/Equity
1.53
Current Ratio
188.99
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 | 1.53 |
| 2026-03-31 | 1.49 |
| 2025-12-31 | 1.45 |
| 2025-09-30 | 1.61 |
| 2025-06-30 | 1.43 |
| 2025-03-31 | 1.45 |
| 2024-12-31 | 1.49 |
| 2024-09-30 | 1.44 |
| 2024-06-30 | 1.37 |
| 2024-03-31 | 1.27 |
| 2023-12-31 | 1.21 |
| 2023-09-30 | 1.15 |
| 2023-06-30 | 1.12 |
| 2023-03-31 | 1.09 |
| 2022-12-31 | 1.17 |
| 2022-09-30 | 1.14 |
| 2022-06-30 | 1.11 |
| 2022-03-31 | 1.24 |
| 2021-12-31 | 1.38 |
| 2021-09-30 | 1.87 |
| 2021-06-30 | 1.80 |
| 2021-03-31 | 1.89 |
| 2020-12-31 | 1.40 |
| 2020-09-30 | 1.42 |
| 2020-06-30 | 1.36 |
| 2020-03-31 | 1.37 |
| 2019-12-31 | 1.31 |
| 2019-09-30 | 1.32 |
| 2019-06-30 | 1.26 |
| 2019-03-31 | 1.29 |
| 2018-12-31 | 1.17 |
| 2018-09-30 | 1.17 |
| 2018-06-30 | 1.09 |
| 2018-03-31 | 1.15 |
| 2017-12-31 | 1.15 |
| 2017-09-30 | 1.18 |
| 2017-06-30 | 1.15 |
| 2017-03-31 | 1.11 |
| 2016-12-31 | 1.19 |
| 2016-09-30 | 1.16 |
| 2016-06-30 | 1.15 |
| 2016-03-31 | 1.09 |
| 2015-12-31 | 1.08 |
| 2015-09-30 | 1.03 |
| 2015-06-30 | 1.00 |
| 2015-03-31 | 0.80 |
| 2014-12-31 | 0.99 |
| 2014-09-30 | 0.97 |
| 2014-06-30 | 0.96 |
| 2014-03-31 | 0.71 |
| 2013-12-31 | 0.69 |
| 2013-09-30 | 0.70 |
| 2013-06-30 | 0.66 |
| 2013-03-31 | 0.64 |
| 2012-12-31 | 0.76 |
| 2012-09-30 | 0.70 |
| 2012-06-30 | 0.82 |
| 2012-03-31 | 0.76 |
| 2011-12-31 | 0.75 |
| 2011-09-30 | 0.69 |
| 2011-06-30 | 0.75 |
| 2011-03-31 | 0.82 |
| 2010-12-31 | 0.57 |
| 2010-09-30 | 0.59 |
| 2010-06-30 | 0.59 |
| 2010-03-31 | 0.56 |
| 2009-12-31 | 0.55 |
| 2009-09-30 | 0.52 |
| 2009-06-30 | 0.40 |
| 2009-03-31 | 0.36 |
| 2008-12-31 | 0.43 |
| 2008-09-30 | 0.24 |
| 2008-06-30 | 0.24 |
| 2008-03-31 | 0.31 |
| 2007-12-31 | 0.34 |
| 2007-09-30 | 0.36 |
| 2007-06-30 | 0.36 |
| 2007-03-31 | 0.35 |
| 2006-12-31 | 0.53 |
| 2006-09-30 | 0.72 |
| 2006-06-30 | 0.78 |
| 2006-03-31 | 0.71 |
| 2005-12-31 | 0.61 |
| 2005-09-30 | 0.64 |
| 2005-06-30 | 0.66 |
| 2005-03-31 | 0.61 |
| 2004-12-31 | 0.60 |
| 2004-09-30 | 0.60 |
| 2004-06-30 | 0.60 |
| 2004-03-31 | 0.60 |
| 2003-12-31 | 0.72 |
| 2003-09-30 | 0.04 |
| 2003-06-30 | 0.05 |
| 2003-03-31 | 0.79 |
| 2002-12-31 | 0.48 |
| 2002-09-30 | 0.09 |