Basis: Latest reported fiscal year. 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 1.36 is 21% below its 5-year average of 1.73, near the low end of its 5-year range (1.36–1.97).
As of the fiscal period ended Wednesday, December 31, 2025. 18.07% below its 12-month average of 1.66.
Annual fiscal-year debt to equity ratio; no daily interpolation. Historical series through 2025-12-31.
DEBT TO EQUITY RATIO
1.36
DEBT TO EQUITY RATIO AVG TTM
1.66
DEBT TO EQUITY RATIO AVG 3Y
1.65
DEBT TO EQUITY RATIO AVG 5Y
1.73
DEBT TO EQUITY RATIO AVG 10Y
2.18
DEBT TO EQUITY RATIO AVG 15Y
1.91
DEBT TO EQUITY RATIO AVG 20Y
1.91
CURRENT VS TTM AVG
-18.07%
CURRENT VS 3Y AVG
-17.45%
CURRENT VS 5Y AVG
-21.46%
CURRENT VS 10Y AVG
-37.72%
CURRENT VS 15Y AVG
-28.77%
CURRENT VS 20Y AVG
-28.63%
SECTOR MEDIAN · FINANCIAL SERVICES
0.65
median of 113 covered companies
CURRENT VS SECTOR MEDIAN
+109.23%
vs the sector median at left
LPL Financial Holdings Inc.
Market Cap
$25.31B
Debt to Equity Ratio
1.36
TTM Avg
1.66
3Y Avg
1.65
5Y Avg
1.73
Market Cap
$25.68B
Debt to Equity Ratio
0.28
TTM Avg
0.32
3Y Avg
0.36
5Y Avg
0.39
Market Cap
$24.86B
Debt to Equity Ratio
0.05
TTM Avg
0.06
3Y Avg
0.07
5Y Avg
0.07
Market Cap
$23.97B
Debt to Equity Ratio
0.36
TTM Avg
0.35
3Y Avg
0.37
5Y Avg
0.34
Market Cap
$26.80B
Debt to Equity Ratio
0.92
TTM Avg
0.81
3Y Avg
0.70
5Y Avg
0.64
Market Cap
$27.20B
Debt to Equity Ratio
0.62
TTM Avg
0.47
3Y Avg
0.55
5Y Avg
0.48
Market Cap
$23.35B
Debt to Equity Ratio
0.97
TTM Avg
0.92
3Y Avg
1.02
5Y Avg
1.06
Market Cap
$23.13B
Debt to Equity Ratio
0.40
TTM Avg
0.31
3Y Avg
0.22
5Y Avg
0.20
Market Cap
$27.84B
Debt to Equity Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| LPL Financial Holdings Inc. (LPLA) | $25.31B | 1.36 | 1.66 | 1.65 | 1.73 |
| W. R. Berkley Corporation (WRB)vs › | $25.68B | 0.28 | 0.32 | 0.36 | 0.39 |
| Cincinnati Financial Corporation (CINF)vs › | $24.86B | 0.05 | 0.06 | 0.07 | 0.07 |
| Principal Financial Group, Inc. (PFG)vs › | $23.97B | 0.36 | 0.35 | 0.37 | 0.34 |
| Willis Towers Watson Public Limited Company (WTW)vs › | $26.80B | 0.92 | 0.81 | 0.70 | 0.64 |
| Citizens Financial Group, Inc. (CFG)vs › | $27.20B | 0.62 | 0.47 | 0.55 | 0.48 |
| Synchrony Financial (SYF)vs › | $23.35B | 0.97 | 0.92 | 1.02 | 1.06 |
| Regions Financial Corporation (RF)vs › | $23.13B | 0.40 | 0.31 | 0.22 | 0.20 |
| Avantis U.S. Small Cap Value ETF (AVUV)vs › | $27.84B | N/A | N/A | N/A | N/A |
| T. Rowe Price Group, Inc. (TROW)vs › | $22.42B | 0.04 | 0.06 | 0.04 | 0.04 |
Debt/Equity
1.36
Current Ratio
2.42
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 |
|---|---|
| 2025-12-31 | 1.36 |
| 2024-12-31 | 1.96 |
| 2023-12-31 | 1.91 |
| 2022-12-31 | 1.36 |
| 2021-12-31 | 1.83 |
| 2020-12-31 | 1.97 |
| 2019-12-31 | 2.59 |
| 2018-12-31 | 2.54 |
| 2017-12-31 | 2.58 |
| 2016-12-31 | 2.78 |
| 2015-12-31 | 3.14 |
| 2014-12-31 | 1.80 |
| 2013-12-31 | 1.40 |
| 2012-12-31 | 1.16 |
| 2011-12-31 | 0.99 |
| 2010-12-31 | 1.18 |
| 2009-12-31 | 1.61 |
| 2008-12-31 | 1.86 |
| 2007-12-31 | 1.94 |
| 2006-12-31 | 2.15 |