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 1.99 is 41% below its 2-year average of 3.35, near the low end of its 2-year range (0.00–9.72).
As of the fiscal period ended Tuesday, June 30, 2026. 17.02% below its 12-month average of 2.40.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.99.
DEBT TO EQUITY RATIO
1.99
DEBT TO EQUITY RATIO AVG TTM
2.40
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
-17.02%
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 · INDUSTRIALS
0.64
median of 164 covered companies
CURRENT VS SECTOR MEDIAN
+213.59%
vs the sector median at left
Legence Corp. Class A Common stock
Market Cap
$6.49B
Debt to Equity Ratio
1.99
TTM Avg
2.40
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$6.30B
Debt to Equity Ratio
0.47
TTM Avg
0.72
3Y Avg
0.68
5Y Avg
0.68
Market Cap
$7.10B
Debt to Equity Ratio
0.32
TTM Avg
0.32
3Y Avg
0.35
5Y Avg
0.36
Market Cap
$7.13B
Debt to Equity Ratio
0.19
TTM Avg
0.13
3Y Avg
0.16
5Y Avg
0.23
Market Cap
$7.14B
Debt to Equity Ratio
0.00
TTM Avg
0.00
3Y Avg
0.00
5Y Avg
0.01
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Legence Corp. Class A Common stock (LGN) | $6.49B | 1.99 | 2.40 | N/A | N/A |
| Everus Construction Group, Inc. (ECG)vs › | $6.30B | 0.47 | 0.72 | 0.68 | 0.68 |
| AAON, Inc. (AAON)vs › | $6.82B | 0.46 | 0.34 | 0.22 | 0.16 |
| Fluor Corporation (FLR)vs › | $6.97B | 0.40 | 0.31 | 0.46 | 0.75 |
| Matson, Inc. (MATX)vs › | $6.99B | 0.26 | 0.27 | 0.31 | 0.49 |
| Pool Corporation (POOL)vs › | $5.88B | 1.35 | 1.15 | 1.17 | 1.17 |
| Federal Signal Corporation (FSS)vs › | $7.10B | 0.32 | 0.32 | 0.35 | 0.36 |
| AeroVironment, Inc. (AVAV)vs › | $7.13B | 0.19 | 0.13 | 0.16 | 0.23 |
| Powell Industries, Inc. (POWL)vs › | $7.14B | 0.00 | 0.00 | 0.00 | 0.01 |
| Planet Labs PBC (PL)vs › | $5.83B | 0.79 | 1.25 | 0.65 | 0.69 |
Debt/Equity
1.99
Current Ratio
1.35
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 | 1.99 |
| 2026-03-31 | 2.33 |
| 2025-12-31 | 2.43 |
| 2025-09-30 | 2.43 |
| 2025-06-30 | 2.82 |
| 2025-03-31 | 9.72 |
| 2024-12-31 | 8.41 |
| 2024-06-30 | 0.00 |
| 2024-03-31 | 0.00 |
