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 1.12 is 85% above its 2-year average of 0.61, near the high end of its 2-year range (0.00–1.17).
As of the fiscal period ended Tuesday, March 31, 2026. 5.66% above its 12-month average of 1.06.
Reported quarterly debt to equity ratio; no daily interpolation.
DEBT TO EQUITY RATIO
1.12
DEBT TO EQUITY RATIO AVG TTM
1.06
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
+5.66%
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 · HEALTHCARE
0.67
median of 79 covered companies
CURRENT VS SECTOR MEDIAN
+67.33%
vs the sector median at left
Market Cap
$30.72B
Debt to Equity Ratio
0.96
TTM Avg
1.04
3Y Avg
1.09
5Y Avg
0.74
Market Cap
$28.62B
Debt to Equity Ratio
-99.14
TTM Avg
48.23
3Y Avg
26.06
5Y Avg
17.96
Market Cap
$38.68B
Debt to Equity Ratio
2.49
TTM Avg
2.41
3Y Avg
2.34
5Y Avg
2.26
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Medline Inc. (MDLN) | $33.22B | 1.12 | 1.06 | N/A | N/A |
| Zoetis Inc. (ZTS)vs › | $32.40B | 2.85 | 2.13 | 1.86 | 1.81 |
| DexCom, Inc. (DXCM)vs › | $32.20B | 0.51 | 0.87 | 1.00 | 1.01 |
| Centene Corp. (CNC)vs › | $30.74B | 0.94 | 0.84 | 0.83 | 0.81 |
| GE HealthCare Technologies Inc. (GEHC)vs › | $30.72B | 0.96 | 1.04 | 1.09 | 0.74 |
| ResMed Inc. (RMD)vs › | $30.60B | 0.14 | 0.16 | 0.24 | 0.29 |
| Biogen Inc. (BIIB)vs › | $29.99B | 0.38 | 0.39 | 0.44 | 0.53 |
| Mettler-Toledo International Inc. (MTD)vs › | $28.62B | -99.14 | 48.23 | 26.06 | 17.96 |
| IQVIA Holdings Inc. (IQV)vs › | $38.68B | 2.49 | 2.41 | 2.34 | 2.26 |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $27.44B | 1.62 | 21.25 | 21.25 | 11.18 |
Debt/Equity
1.12
Current Ratio
4.29
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 |
|---|---|
| 2026-03-31 | 1.12 |
| 2025-12-31 | 1.17 |
| 2025-09-30 | 0.97 |
| 2025-06-30 | 0.98 |
| 2025-03-28 | 0.00 |
| 2024-09-30 | 0.00 |
| 2024-06-30 | 0.00 |