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 0.00 is 100% above its 1-year average of -7.89, near the high end of its 1-year range (-48.32–0.43).
As of the fiscal period ended Tuesday, June 30, 2026. 100.00% above its 12-month average of -9.47.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.00.
DEBT TO EQUITY RATIO
0.00
DEBT TO EQUITY RATIO AVG TTM
-9.47
DEBT TO EQUITY RATIO AVG 3Y
N/A
DEBT TO EQUITY RATIO AVG 5Y
N/A
DEBT TO EQUITY RATIO AVG 10Y
N/A
DEBT TO EQUITY RATIO AVG 15Y
N/A
DEBT TO EQUITY RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+100.00%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · REAL ESTATE
0.86
median of 38 covered companies
CURRENT VS SECTOR MEDIAN
-100.00%
vs the sector median at left
Fermi Inc. Common Stock
Market Cap
$3.07B
Debt to Equity Ratio
0.00
TTM Avg
-9.47
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.49B
Debt to Equity Ratio
0.21
TTM Avg
1.72
3Y Avg
2.76
5Y Avg
2.42
Market Cap
$3.74B
Debt to Equity Ratio
0.04
TTM Avg
0.52
3Y Avg
0.49
5Y Avg
0.50
Market Cap
$2.05B
Debt to Equity Ratio
0.52
TTM Avg
0.44
3Y Avg
0.42
5Y Avg
0.39
Market Cap
$7.02B
Debt to Equity Ratio
0.24
TTM Avg
0.23
3Y Avg
0.27
5Y Avg
0.28
Market Cap
$8.06B
Debt to Equity Ratio
0.60
TTM Avg
0.52
3Y Avg
0.48
5Y Avg
0.50
Market Cap
$8.10B
Debt to Equity Ratio
0.93
TTM Avg
0.90
3Y Avg
0.88
5Y Avg
0.86
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fermi Inc. Common Stock (FRMI) | $3.07B | 0.00 | -9.47 | N/A | N/A |
| Opendoor Technologies Inc. (OPEN)vs › | $2.49B | 0.21 | 1.72 | 2.76 | 2.42 |
| Apple Hospitality REIT, Inc. (APLE)vs › | $3.74B | 0.04 | 0.52 | 0.49 | 0.50 |
| Sunstone Hotel Investors, Inc. (SHO)vs › | $2.05B | 0.52 | 0.44 | 0.42 | 0.39 |
| Terreno Realty Corporation (TRNO)vs › | $7.02B | 0.24 | 0.23 | 0.27 | 0.28 |
| NNN REIT, Inc. (NNN)vs › | $7.86B | 1.12 | 1.04 | 1.02 | 0.97 |
| Agree Realty Corporation (ADC)vs › | $8.06B | 0.60 | 0.52 | 0.48 | 0.50 |
| First Industrial Realty Trust, Inc. (FR)vs › | $8.10B | 0.93 | 0.90 | 0.88 | 0.86 |
| CubeSmart (CUBE)vs › | $8.64B | 1.37 | 1.18 | 1.13 | 1.16 |
| Alexandria Real Estate Equities, Inc. (ARE)vs › | $9.04B | 0.82 | 0.76 | 0.68 | 0.66 |
Debt/Equity
0.00
Current Ratio
N/A
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 | 0.00 |
| 2026-03-31 | 0.43 |
| 2025-12-31 | 0.12 |
| 2025-09-30 | 0.41 |
| 2025-06-30 | -48.32 |
| 2025-03-31 | 0.00 |