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 0.33 is 18% below its 5-year average of 0.41, around the middle of its 5-year range (0.18–0.46).
As of the fiscal period ended Friday, July 3, 2026. 20.19% below its 12-month average of 0.42.
Reported quarterly debt to equity ratio; no daily interpolation. Q4 FY2026 (2026-07-03): 0.33.
DEBT TO EQUITY RATIO
0.33
DEBT TO EQUITY RATIO AVG TTM
0.42
DEBT TO EQUITY RATIO AVG 3Y
0.45
DEBT TO EQUITY RATIO AVG 5Y
0.41
DEBT TO EQUITY RATIO AVG 10Y
0.28
DEBT TO EQUITY RATIO AVG 15Y
0.20
DEBT TO EQUITY RATIO AVG 20Y
0.25
CURRENT VS TTM AVG
-20.19%
CURRENT VS 3Y AVG
-25.30%
CURRENT VS 5Y AVG
-18.17%
CURRENT VS 10Y AVG
+17.81%
CURRENT VS 15Y AVG
+70.60%
CURRENT VS 20Y AVG
+34.58%
SECTOR MEDIAN · INDUSTRIALS
0.47
median of 460 covered companies
CURRENT VS SECTOR MEDIAN
-28.83%
vs the sector median at left
Mercury Systems, Inc.
Market Cap
$4.97B
Debt to Equity Ratio
0.33
TTM Avg
0.42
3Y Avg
0.45
5Y Avg
0.41
Market Cap
$5.14B
Debt to Equity Ratio
0.91
TTM Avg
0.79
3Y Avg
1.00
5Y Avg
1.20
Market Cap
$4.79B
Debt to Equity Ratio
0.90
TTM Avg
0.78
3Y Avg
0.75
5Y Avg
0.85
Market Cap
$4.77B
Debt to Equity Ratio
3.04
TTM Avg
6.27
3Y Avg
5.64
5Y Avg
5.64
Market Cap
$5.29B
Debt to Equity Ratio
2.30
TTM Avg
1.10
3Y Avg
0.83
5Y Avg
0.68
Market Cap
$5.31B
Debt to Equity Ratio
1.82
TTM Avg
1.41
3Y Avg
1.11
5Y Avg
0.87
Market Cap
$4.61B
Debt to Equity Ratio
0.69
TTM Avg
0.80
3Y Avg
0.97
5Y Avg
0.91
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Mercury Systems, Inc. (MRCY) | $4.97B | 0.33 | 0.42 | 0.45 | 0.41 |
| MYR Group Inc. (MYRG)vs › | $5.05B | 0.09 | 0.18 | 0.15 | 0.13 |
| Casella Waste Systems, Inc. (CWST)vs › | $5.14B | 0.91 | 0.79 | 1.00 | 1.20 |
| The Middleby Corporation (MIDD)vs › | $4.79B | 0.90 | 0.78 | 0.75 | 0.85 |
| EquipmentShare.com Inc. (EQPT)vs › | $4.77B | 3.04 | 6.27 | 5.64 | 5.64 |
| VSE Corporation (VSEC)vs › | $4.73B | 0.35 | 0.36 | 0.54 | 0.62 |
| Granite Construction Incorporated (GVA)vs › | $5.29B | 2.30 | 1.10 | 0.83 | 0.68 |
| Construction Partners, Inc. (ROAD)vs › | $5.31B | 1.82 | 1.41 | 1.11 | 0.87 |
| Primoris Services Corporation (PRIM)vs › | $4.61B | 0.69 | 0.80 | 0.97 | 0.91 |
| Amentum Holdings, Inc. (AMTM)vs › | $4.58B | 0.81 | 0.92 | 4.53 | 3.42 |
Debt/Equity
0.33
Current Ratio
2.96
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 |
|---|---|
| 2026-07-03 | 0.33 |
| 2026-03-27 | 0.44 |
| 2025-12-26 | 0.46 |
| 2025-09-26 | 0.44 |
| 2025-06-27 | 0.44 |
| 2025-03-28 | 0.45 |
| 2024-12-27 | 0.44 |
| 2024-09-27 | 0.45 |
| 2024-06-30 | 0.44 |
| 2024-03-29 | 0.46 |
| 2023-12-29 | 0.46 |
| 2023-09-29 | 0.42 |
| 2023-06-30 | 0.38 |
| 2023-03-31 | 0.37 |
| 2022-12-30 | 0.37 |
| 2022-09-30 | 0.38 |
| 2022-06-30 | 0.34 |
| 2022-04-01 | 0.35 |
| 2021-12-31 | 0.35 |
| 2021-10-01 | 0.18 |
| 2021-06-30 | 0.18 |
| 2021-04-02 | 0.16 |
| 2021-01-01 | 0.17 |
| 2020-10-02 | 0.05 |
| 2020-06-30 | 0.05 |
| 2020-03-27 | 0.20 |
| 2019-12-27 | 0.04 |
| 2019-09-27 | 0.04 |
| 2019-06-30 | 0.00 |
| 2019-03-31 | 0.34 |
| 2018-12-31 | 0.30 |
| 2018-09-30 | 0.31 |
| 2018-06-30 | 0.25 |
| 2018-03-31 | 0.26 |
| 2017-12-31 | 0.00 |
| 2017-09-30 | 0.00 |
| 2017-06-30 | 0.00 |
| 2017-03-31 | 0.26 |
| 2016-12-31 | 0.39 |
| 2016-09-30 | 0.40 |
| 2016-06-30 | 0.41 |
| 2016-03-31 | 0.00 |
| 2015-12-31 | 0.00 |
| 2015-09-30 | 0.00 |
| 2015-06-30 | 0.00 |
| 2015-03-31 | 0.00 |
| 2014-12-31 | 0.00 |
| 2014-09-30 | 0.00 |
| 2014-06-30 | 0.00 |
| 2014-03-31 | 0.00 |
| 2013-12-31 | 0.00 |
| 2013-09-30 | 0.00 |
| 2013-06-30 | 0.00 |
| 2013-03-31 | 0.00 |
| 2012-12-31 | 0.00 |
| 2012-09-30 | 0.00 |
| 2012-06-30 | 0.00 |
| 2012-03-31 | 0.00 |
| 2011-12-31 | 0.00 |
| 2011-09-30 | 0.00 |
| 2011-06-30 | 0.00 |
| 2011-03-31 | 0.00 |
| 2010-12-31 | 0.00 |
| 2010-09-30 | 0.00 |
| 2010-06-30 | 0.00 |
| 2010-03-31 | 0.16 |
| 2009-12-31 | 0.21 |
| 2009-09-30 | 0.22 |
| 2009-06-30 | 0.23 |
| 2009-03-31 | 0.28 |
| 2008-12-31 | 1.18 |
| 2008-09-30 | 0.87 |
| 2008-06-30 | 0.86 |
| 2008-03-31 | 0.75 |
| 2007-12-31 | 0.74 |
| 2007-09-30 | 0.73 |
| 2007-06-30 | 0.74 |
| 2007-03-31 | 0.68 |
| 2006-12-31 | 0.67 |
| 2006-09-30 | 0.73 |
| 2006-06-30 | 0.71 |
| 2006-03-31 | 0.70 |
| 2005-12-31 | 0.67 |
| 2005-09-30 | 0.67 |
| 2005-06-30 | 0.69 |
| 2005-03-31 | 0.73 |
| 2004-12-31 | 0.73 |
| 2004-09-30 | 0.76 |
| 2004-06-30 | 0.76 |
| 2004-03-31 | 0.07 |
| 2003-12-31 | 0.07 |
| 2003-09-30 | 0.08 |
| 2003-06-30 | 0.08 |
| 2003-03-31 | 0.08 |
| 2002-12-31 | 0.09 |
| 2002-09-30 | 0.09 |