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 0.45 is 28% below its 5-year average of 0.62, near the low end of its 5-year range (0.36–1.11).
As of the fiscal period ended Tuesday, June 30, 2026. 4.84% above its 12-month average of 0.43.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.45.
DEBT TO EQUITY RATIO
0.45
DEBT TO EQUITY RATIO AVG TTM
0.43
DEBT TO EQUITY RATIO AVG 3Y
0.63
DEBT TO EQUITY RATIO AVG 5Y
0.62
DEBT TO EQUITY RATIO AVG 10Y
0.69
DEBT TO EQUITY RATIO AVG 15Y
0.74
DEBT TO EQUITY RATIO AVG 20Y
0.77
CURRENT VS TTM AVG
+4.84%
CURRENT VS 3Y AVG
-29.09%
CURRENT VS 5Y AVG
-27.64%
CURRENT VS 10Y AVG
-34.96%
CURRENT VS 15Y AVG
-39.46%
CURRENT VS 20Y AVG
-41.49%
SECTOR MEDIAN · FINANCIAL SERVICES
0.30
median of 614 covered companies
CURRENT VS SECTOR MEDIAN
+49.73%
vs the sector median at left
Fulton Financial Corporation
Market Cap
$4.60B
Debt to Equity Ratio
0.45
TTM Avg
0.43
3Y Avg
0.63
5Y Avg
0.62
Market Cap
$4.58B
Debt to Equity Ratio
0.04
TTM Avg
0.07
3Y Avg
0.23
5Y Avg
0.26
Market Cap
$4.82B
Debt to Equity Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.85B
Debt to Equity Ratio
0.39
TTM Avg
0.45
3Y Avg
0.53
5Y Avg
0.64
Market Cap
$4.31B
Debt to Equity Ratio
0.22
TTM Avg
0.23
3Y Avg
0.25
5Y Avg
0.32
Market Cap
$4.89B
Debt to Equity Ratio
0.09
TTM Avg
0.03
3Y Avg
0.09
5Y Avg
0.06
Market Cap
$4.29B
Debt to Equity Ratio
0.45
TTM Avg
0.47
3Y Avg
0.74
5Y Avg
0.70
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fulton Financial Corporation (FULTP) | $4.60B | 0.45 | 0.43 | 0.63 | 0.62 |
| First Financial Bankshares, Inc. (FFIN)vs › | $4.58B | 0.04 | 0.07 | 0.23 | 0.26 |
| JPMorgan U.S. Tech Leaders ETF (JTEK)vs › | $4.82B | N/A | N/A | N/A | N/A |
| Hamilton Lane Incorporated (HLNE)vs › | $4.85B | 0.39 | 0.45 | 0.53 | 0.64 |
| International Bancshares Corporation (IBOC)vs › | $4.31B | 0.22 | 0.23 | 0.25 | 0.32 |
| Eastern Bankshares, Inc. (EBC)vs › | $4.89B | 0.09 | 0.03 | 0.09 | 0.06 |
| Fulton Financial Corporation (FULT)vs › | $4.29B | 0.45 | 0.47 | 0.74 | 0.70 |
| SLM Corporation (SLM)vs › | $4.27B | 2.36 | 2.69 | 2.79 | 2.66 |
| Bank OZK (OZK)vs › | $4.98B | 0.11 | 0.11 | 0.18 | 0.20 |
| Marathon Digital Holdings, Inc. (MARA)vs › | $4.21B | 1.49 | 0.82 | 0.97 | 0.83 |
Debt/Equity
0.45
Current ratio is unavailable for Fulton Financial Corporation: applicability has not been verified for this financial-services business. The current sector-based policy withholds this model until its treatment of debt, cash and cash flows is confirmed for the company.
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 | 0.45 |
| 2026-03-31 | 0.36 |
| 2025-12-31 | 0.37 |
| 2025-09-30 | 0.43 |
| 2025-06-30 | 0.53 |
| 2025-03-31 | 0.51 |
| 2024-12-31 | 0.56 |
| 2024-09-30 | 0.64 |
| 2024-06-30 | 0.70 |
| 2024-03-31 | 0.83 |
| 2023-12-31 | 0.90 |
| 2023-09-30 | 0.92 |
| 2023-06-30 | 1.03 |
| 2023-03-31 | 0.93 |
| 2022-12-31 | 1.11 |
| 2022-09-30 | 0.58 |
| 2022-06-30 | 0.41 |
| 2022-03-31 | 0.39 |
| 2021-12-31 | 0.54 |
| 2021-09-30 | 0.41 |
| 2021-06-30 | 0.43 |
| 2021-03-31 | 0.44 |
| 2020-12-31 | 0.74 |
| 2020-09-30 | 0.80 |
| 2020-06-30 | 0.80 |
| 2020-03-31 | 1.21 |
| 2019-12-31 | 0.78 |
| 2019-09-30 | 0.67 |
| 2019-06-30 | 0.94 |
| 2019-03-31 | 0.82 |
| 2018-12-31 | 0.78 |
| 2018-09-30 | 0.65 |
| 2018-06-30 | 0.88 |
| 2018-03-31 | 0.84 |
| 2017-12-31 | 0.74 |
| 2017-09-30 | 0.60 |
| 2017-06-30 | 0.79 |
| 2017-03-31 | 0.74 |
| 2016-12-31 | 0.69 |
| 2016-09-30 | 0.58 |
| 2016-06-30 | 0.80 |
| 2016-03-31 | 0.64 |
| 2015-12-31 | 0.71 |
| 2015-09-30 | 0.70 |
| 2015-06-30 | 0.76 |
| 2015-03-31 | 0.74 |
| 2014-12-31 | 0.74 |
| 2014-09-30 | 0.76 |
| 2014-06-30 | 0.94 |
| 2014-03-31 | 0.95 |
| 2013-12-31 | 1.04 |
| 2013-09-30 | 1.03 |
| 2013-06-30 | 1.24 |
| 2013-03-31 | 0.98 |
| 2012-12-31 | 0.85 |
| 2012-09-30 | 0.68 |
| 2012-06-30 | 0.90 |
| 2012-03-31 | 0.94 |
| 2011-12-31 | 0.82 |
| 2011-09-30 | 0.74 |
| 2011-06-30 | 0.80 |
| 2011-03-31 | 0.76 |
| 2010-12-31 | 0.95 |
| 2010-09-30 | 0.89 |
| 2010-06-30 | 0.82 |
| 2010-03-31 | 1.05 |
| 2009-12-31 | 1.24 |
| 2009-09-30 | 1.23 |
| 2009-06-30 | 1.64 |
| 2009-03-31 | 1.60 |
| 2008-12-31 | 1.91 |
| 2008-09-30 | 2.75 |
| 2008-06-30 | 2.71 |
| 2008-03-31 | 2.56 |
| 2007-12-31 | 2.56 |
| 2007-09-30 | 2.19 |
| 2007-06-30 | 1.99 |
| 2007-03-31 | 1.78 |
| 2006-12-31 | 1.97 |
| 2006-09-30 | 1.96 |
| 2006-06-30 | 1.94 |
| 2006-03-31 | 1.79 |
| 2005-12-31 | 2.42 |
| 2005-09-30 | 1.62 |
| 2005-06-30 | 1.75 |
| 2005-03-31 | 1.65 |
| 2004-12-31 | 1.51 |
| 2004-09-30 | 1.64 |
| 2004-06-30 | 1.71 |
| 2004-03-31 | 1.81 |
| 2003-12-31 | 2.08 |
| 2003-09-30 | 1.53 |
| 2003-06-30 | 1.30 |
| 2003-03-31 | 1.21 |
| 2002-12-31 | 1.36 |
| 2002-09-30 | 0.99 |