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 0.58 is in line with its 5-year average of 0.56, around the middle of its 5-year range (0.39–0.77).
As of the fiscal period ended Friday, April 3, 2026. 3.17% below its 12-month average of 0.60.
Reported quarterly debt to equity ratio; no daily interpolation.
DEBT TO EQUITY RATIO
0.58
DEBT TO EQUITY RATIO AVG TTM
0.60
DEBT TO EQUITY RATIO AVG 3Y
0.65
DEBT TO EQUITY RATIO AVG 5Y
0.56
DEBT TO EQUITY RATIO AVG 10Y
0.76
DEBT TO EQUITY RATIO AVG 15Y
0.88
DEBT TO EQUITY RATIO AVG 20Y
0.79
CURRENT VS TTM AVG
-3.17%
CURRENT VS 3Y AVG
-11.60%
CURRENT VS 5Y AVG
+2.79%
CURRENT VS 10Y AVG
-24.14%
CURRENT VS 15Y AVG
-34.07%
CURRENT VS 20Y AVG
-26.54%
SECTOR MEDIAN · INDUSTRIALS
0.62
median of 131 covered companies
CURRENT VS SECTOR MEDIAN
-6.92%
vs the sector median at left
L3Harris Technologies, Inc.
Market Cap
$55.43B
Debt to Equity Ratio
0.58
TTM Avg
0.60
3Y Avg
0.65
5Y Avg
0.56
Market Cap
$56.72B
Debt to Equity Ratio
1.02
TTM Avg
1.25
3Y Avg
2.40
5Y Avg
6.95
Market Cap
$53.49B
Debt to Equity Ratio
0.32
TTM Avg
0.25
3Y Avg
0.27
5Y Avg
0.37
Market Cap
$51.12B
Debt to Equity Ratio
1.00
TTM Avg
1.08
3Y Avg
1.16
5Y Avg
1.46
Market Cap
$49.77B
Debt to Equity Ratio
0.92
TTM Avg
0.91
3Y Avg
1.18
5Y Avg
1.33
Market Cap
$49.49B
Debt to Equity Ratio
0.51
TTM Avg
0.56
3Y Avg
0.51
5Y Avg
0.42
Market Cap
$49.28B
Debt to Equity Ratio
0.50
TTM Avg
0.45
3Y Avg
0.42
5Y Avg
0.42
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| L3Harris Technologies, Inc. (LHX) | $55.43B | 0.58 | 0.60 | 0.65 | 0.56 |
| Fastenal Company (FAST)vs › | $54.83B | 0.11 | 0.12 | 0.16 | 0.18 |
| Delta Air Lines, Inc. (DAL)vs › | $56.72B | 1.02 | 1.25 | 2.40 | 6.95 |
| AMETEK, Inc. (AME)vs › | $53.92B | 0.22 | 0.23 | 0.30 | 0.33 |
| Comfort Systems USA, Inc. (FIX)vs › | $53.49B | 0.32 | 0.25 | 0.27 | 0.37 |
| Rockwell Automation, Inc. (ROK)vs › | $51.12B | 1.00 | 1.08 | 1.16 | 1.46 |
| Carrier Global Corporation (CARR)vs › | $49.77B | 0.92 | 0.91 | 1.18 | 1.33 |
| HEICO Corporation (HEI-A)vs › | $49.49B | 0.51 | 0.56 | 0.51 | 0.42 |
| Westinghouse Air Brake Technologies Corporation (WAB)vs › | $49.28B | 0.50 | 0.45 | 0.42 | 0.42 |
| W.W. Grainger, Inc. (GWW)vs › | $64.16B | 0.85 | 0.90 | 0.95 | 1.11 |
Debt/Equity
0.58
Current Ratio
1.19
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 |
|---|---|
| 2026-04-03 | 0.58 |
| 2026-01-02 | 0.57 |
| 2025-10-03 | 0.61 |
| 2025-06-27 | 0.63 |
| 2025-03-28 | 0.64 |
| 2025-01-03 | 0.67 |
| 2024-09-27 | 0.68 |
| 2024-06-28 | 0.70 |
| 2024-03-29 | 0.73 |
| 2023-12-29 | 0.74 |
| 2023-09-29 | 0.77 |
| 2023-06-30 | 0.52 |
| 2023-03-31 | 0.53 |
| 2022-12-30 | 0.42 |
| 2022-09-30 | 0.42 |
| 2022-07-01 | 0.41 |
| 2022-04-01 | 0.41 |
| 2021-12-31 | 0.41 |
| 2021-10-01 | 0.40 |
| 2021-07-02 | 0.39 |
| 2021-04-02 | 0.38 |
| 2021-01-01 | 0.37 |
| 2020-10-02 | 0.36 |
| 2020-07-03 | 0.35 |
| 2020-04-03 | 0.36 |
| 2019-12-31 | 0.34 |
| 2019-09-27 | 0.34 |
| 2019-06-28 | 1.05 |
| 2019-03-29 | 0.98 |
| 2018-12-28 | 1.12 |
| 2018-09-28 | 1.24 |
| 2018-06-29 | 1.16 |
| 2018-03-30 | 1.34 |
| 2017-12-29 | 1.31 |
| 2017-09-29 | 1.34 |
| 2017-06-30 | 1.38 |
| 2017-03-31 | 1.45 |
| 2016-12-30 | 1.39 |
| 2016-09-30 | 1.47 |
| 2016-07-01 | 1.48 |
| 2016-04-01 | 1.42 |
| 2016-01-01 | 1.48 |
| 2015-10-02 | 1.47 |
| 2015-07-03 | 1.54 |
| 2015-04-03 | 0.87 |
| 2015-01-02 | 0.91 |
| 2014-09-26 | 0.91 |
| 2014-06-27 | 0.89 |
| 2014-03-28 | 0.92 |
| 2013-12-27 | 0.98 |
| 2013-09-27 | 1.02 |
| 2013-06-28 | 1.11 |
| 2013-03-29 | 1.15 |
| 2012-12-28 | 1.06 |
| 2012-09-28 | 1.07 |
| 2012-06-29 | 1.06 |
| 2012-03-30 | 1.18 |
| 2011-12-30 | 1.08 |
| 2011-09-30 | 1.14 |
| 2011-07-01 | 0.83 |
| 2011-04-01 | 0.83 |
| 2010-12-31 | 0.80 |
| 2010-10-01 | 0.63 |
| 2010-07-02 | 0.55 |
| 2010-04-02 | 0.56 |
| 2010-01-01 | 0.61 |
| 2009-10-02 | 0.63 |
| 2009-07-03 | 0.69 |
| 2009-04-03 | 0.39 |
| 2009-01-02 | 0.40 |
| 2008-09-26 | 0.40 |
| 2008-06-27 | 0.36 |
| 2008-03-28 | 0.41 |
| 2007-12-28 | 0.45 |
| 2007-09-28 | 0.46 |
| 2007-06-29 | 0.59 |
| 2007-03-30 | 0.37 |
| 2006-12-29 | 0.39 |
| 2006-09-29 | 0.40 |
| 2006-06-30 | 0.42 |
| 2006-03-31 | 0.45 |
| 2005-12-30 | 0.47 |
| 2005-09-30 | 0.47 |
| 2005-07-01 | 0.28 |
| 2005-04-01 | 0.29 |
| 2004-12-31 | 0.30 |
| 2004-10-01 | 0.31 |
| 2004-07-02 | 0.32 |
| 2004-04-02 | 0.33 |
| 2004-01-02 | 0.33 |
| 2003-09-26 | 0.36 |
| 2003-06-27 | 0.37 |
| 2003-03-28 | 0.35 |
| 2002-12-27 | 0.36 |
| 2002-09-27 | 0.36 |
| 2002-06-28 | 0.27 |
