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 3.73 is 64% above its 5-year average of 2.27, near the high end of its 5-year range (1.21–4.02).
As of the fiscal period ended Tuesday, June 30, 2026. 2.55% below its 12-month average of 3.83.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 3.73.
DEBT TO EQUITY RATIO
3.73
DEBT TO EQUITY RATIO AVG TTM
3.83
DEBT TO EQUITY RATIO AVG 3Y
2.86
DEBT TO EQUITY RATIO AVG 5Y
2.27
DEBT TO EQUITY RATIO AVG 10Y
1.31
DEBT TO EQUITY RATIO AVG 15Y
1.17
DEBT TO EQUITY RATIO AVG 20Y
1.08
CURRENT VS TTM AVG
-2.55%
CURRENT VS 3Y AVG
+30.29%
CURRENT VS 5Y AVG
+64.25%
CURRENT VS 10Y AVG
+184.82%
CURRENT VS 15Y AVG
+217.77%
CURRENT VS 20Y AVG
+246.45%
SECTOR MEDIAN · COMMUNICATION SERVICES
0.44
median of 29 covered companies
CURRENT VS SECTOR MEDIAN
+747.44%
vs the sector median at left
Iridium Communications Inc.
Market Cap
$5.12B
Debt to Equity Ratio
3.73
TTM Avg
3.83
3Y Avg
2.86
5Y Avg
2.27
Market Cap
$5.80B
Debt to Equity Ratio
0.17
TTM Avg
0.14
3Y Avg
0.13
5Y Avg
0.17
Market Cap
$6.59B
Debt to Equity Ratio
0.13
TTM Avg
0.13
3Y Avg
0.27
5Y Avg
0.32
Market Cap
$3.10B
Debt to Equity Ratio
0.98
TTM Avg
0.92
3Y Avg
0.77
5Y Avg
0.81
Market Cap
$307.74M
Debt to Equity Ratio
0.01
TTM Avg
0.65
3Y Avg
1.08
5Y Avg
1.09
Market Cap
$11.18B
Debt to Equity Ratio
1.29
TTM Avg
1.12
3Y Avg
0.99
5Y Avg
0.99
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Iridium Communications Inc. (IRDM) | $5.12B | 3.73 | 3.83 | 2.86 | 2.27 |
| The Trade Desk, Inc. (TTD)vs › | $5.80B | 0.17 | 0.14 | 0.13 | 0.17 |
| Zillow Group, Inc. Class C (Z)vs › | $6.59B | 0.13 | 0.13 | 0.27 | 0.32 |
| Liberty Global plc (LBTYA)vs › | $3.10B | 0.98 | 0.92 | 0.77 | 0.81 |
| Snap Inc. (SNAP)vs › | $8.82B | 0.44 | 1.90 | 1.80 | 1.46 |
| Match Group, Inc. (MTCH)vs › | $9.22B | N/A | 0.89 | 0.86 | 0.83 |
| Fiverr International Ltd. (FVRR)vs › | $307.74M | 0.01 | 0.65 | 1.08 | 1.09 |
| Paramount Skydance Corporation Class B Common Stock (PSKY)vs › | $11.18B | 1.29 | 1.12 | 0.99 | 0.99 |
| Pinterest, Inc. (PINS)vs › | $11.72B | 0.41 | 0.05 | 0.06 | 0.07 |
| TKO Group Holdings, Inc. (TKO)vs › | $13.61B | 1.46 | 0.92 | 1.86 | 1.93 |
Debt/Equity
3.73
Current Ratio
2.78
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 | 3.73 |
| 2026-03-31 | 3.76 |
| 2025-12-31 | 3.81 |
| 2025-09-30 | 4.02 |
| 2025-06-30 | 3.82 |
| 2025-03-31 | 3.49 |
| 2024-12-31 | 3.13 |
| 2024-09-30 | 2.70 |
| 2024-06-30 | 2.10 |
| 2024-03-31 | 1.88 |
| 2023-12-31 | 1.69 |
| 2023-09-30 | 1.60 |
| 2023-06-30 | 1.48 |
| 2023-03-31 | 1.37 |
| 2022-12-31 | 1.34 |
| 2022-09-30 | 1.39 |
| 2022-06-30 | 1.35 |
| 2022-03-31 | 1.34 |
| 2021-12-31 | 1.26 |
| 2021-09-30 | 1.21 |
| 2021-06-30 | 1.22 |
| 2021-03-31 | 1.18 |
| 2020-12-31 | 1.16 |
| 2020-09-30 | 1.14 |
| 2020-06-30 | 1.15 |
| 2020-03-31 | 1.15 |
| 2019-12-31 | 1.24 |
| 2019-09-30 | 1.20 |
| 2019-06-30 | 1.24 |
| 2019-03-31 | 1.26 |
| 2018-12-31 | 1.22 |
| 2018-09-30 | 1.27 |
| 2018-06-30 | 1.26 |
| 2018-03-31 | 1.27 |
| 2017-12-31 | 1.07 |
| 2017-09-30 | 1.17 |
| 2017-06-30 | 1.20 |
| 2017-03-31 | 1.22 |
| 2016-12-31 | 1.23 |
| 2016-09-30 | 1.17 |
| 2016-06-30 | 1.18 |
| 2016-03-31 | 1.16 |
| 2015-12-31 | 1.24 |
| 2015-09-30 | 1.11 |
| 2015-06-30 | 1.09 |
| 2015-03-31 | 1.05 |
| 2014-12-31 | 1.05 |
| 2014-09-30 | 0.90 |
| 2014-06-30 | 0.91 |
| 2014-03-31 | 1.11 |
| 2013-12-31 | 1.11 |
| 2013-09-30 | 1.01 |
| 2013-06-30 | 0.94 |
| 2013-03-31 | 0.84 |
| 2012-12-31 | 0.86 |
| 2012-09-30 | 0.77 |
| 2012-06-30 | 0.77 |
| 2012-03-31 | 0.62 |
| 2011-12-31 | 0.59 |
| 2011-09-30 | 0.47 |
| 2011-06-30 | 0.39 |
| 2011-03-31 | 0.03 |
| 2010-12-31 | 0.03 |
| 2010-09-30 | 0.00 |
| 2010-06-30 | 0.00 |
| 2010-03-31 | 0.00 |
| 2009-12-31 | 0.00 |
| 2009-09-30 | 0.03 |
| 2009-06-30 | 0.00 |
| 2009-03-31 | 0.00 |
| 2008-12-31 | 0.00 |
| 2008-09-30 | 0.00 |
| 2008-06-30 | 0.00 |
| 2008-03-31 | 0.00 |
| 2007-03-31 | 0.00 |