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 -2.43 is 47% above its 5-year average of -4.61, near the high end of its 5-year range (-26.52–-2.37).
As of the fiscal period ended Tuesday, June 30, 2026. 20.88% above its 12-month average of -3.08.
Reported quarterly debt to equity ratio; no daily interpolation.
DEBT TO EQUITY RATIO
-2.43
DEBT TO EQUITY RATIO AVG TTM
-3.08
DEBT TO EQUITY RATIO AVG 3Y
-4.57
DEBT TO EQUITY RATIO AVG 5Y
-4.61
DEBT TO EQUITY RATIO AVG 10Y
-4.77
DEBT TO EQUITY RATIO AVG 15Y
-2.02
DEBT TO EQUITY RATIO AVG 20Y
-1.02
CURRENT VS TTM AVG
+20.88%
CURRENT VS 3Y AVG
+46.81%
CURRENT VS 5Y AVG
+47.23%
CURRENT VS 10Y AVG
+48.97%
CURRENT VS 15Y AVG
-20.24%
CURRENT VS 20Y AVG
-137.67%
SECTOR MEDIAN · FINANCIAL SERVICES
0.65
median of 101 covered companies
CURRENT VS SECTOR MEDIAN
-474.34%
vs the sector median at left
Market Cap
$40.65B
Debt to Equity Ratio
0.65
TTM Avg
0.86
3Y Avg
1.10
5Y Avg
0.87
Market Cap
$39.47B
Debt to Equity Ratio
0.22
TTM Avg
0.21
3Y Avg
0.33
5Y Avg
0.39
Market Cap
$37.34B
Debt to Equity Ratio
0.22
TTM Avg
0.25
3Y Avg
0.28
5Y Avg
0.27
Market Cap
$44.10B
Debt to Equity Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$44.18B
Debt to Equity Ratio
3.75
TTM Avg
3.60
3Y Avg
5.98
5Y Avg
6.65
Market Cap
$45.06B
Debt to Equity Ratio
0.72
TTM Avg
0.48
3Y Avg
0.48
5Y Avg
0.47
Market Cap
$34.48B
Debt to Equity Ratio
0.65
TTM Avg
0.46
3Y Avg
0.43
5Y Avg
0.36
Market Cap
$46.86B
Debt to Equity Ratio
0.51
TTM Avg
0.49
3Y Avg
0.53
5Y Avg
0.51
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MSCI Inc. (MSCI) | $40.40B | -2.43 | -3.08 | -4.57 | -4.61 |
| Prudential Financial, Inc. (PRU)vs › | $40.65B | 0.65 | 0.86 | 1.10 | 0.87 |
| American International Group, Inc. (AIG)vs › | $39.47B | 0.22 | 0.21 | 0.33 | 0.39 |
| The Hartford Insurance Group, Inc. (HIG)vs › | $37.34B | 0.22 | 0.25 | 0.28 | 0.27 |
| State Street SPDR Dow Jones Industrial Average ETF Trust (DIA)vs › | $44.10B | N/A | N/A | N/A | N/A |
| Ares Management Corporation (ARES)vs › | $44.18B | 3.75 | 3.60 | 5.98 | 6.65 |
| PayPal Holdings, Inc. (PYPL)vs › | $45.06B | 0.72 | 0.48 | 0.48 | 0.47 |
| M&T Bank Corporation (MTB)vs › | $34.48B | 0.65 | 0.46 | 0.43 | 0.36 |
| Coinbase Global, Inc. (COIN)vs › | $46.86B | 0.51 | 0.49 | 0.53 | 0.51 |
| Northern Trust Corporation (NTRS)vs › | $33.79B | 1.18 | 1.26 | 1.32 | 1.14 |
Debt/Equity
-2.43
Current Ratio
0.89
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 | -2.43 |
| 2026-03-31 | -2.37 |
| 2025-12-31 | -2.39 |
| 2025-09-30 | -2.93 |
| 2025-06-30 | -5.25 |
| 2025-03-31 | -4.89 |
| 2024-12-31 | -4.95 |
| 2024-09-30 | -6.17 |
| 2024-06-30 | -6.35 |
| 2024-03-31 | -7.17 |
| 2023-12-31 | -6.26 |
| 2023-09-30 | -4.41 |
| 2023-06-30 | -3.88 |
| 2023-03-31 | -5.15 |
| 2022-12-31 | -4.61 |
| 2022-09-30 | -4.32 |
| 2022-06-30 | -4.52 |
| 2022-03-31 | -4.92 |
| 2021-12-31 | -26.52 |
| 2021-09-30 | -15.48 |
| 2021-06-30 | -11.23 |
| 2021-03-31 | -8.34 |
| 2020-12-31 | -7.94 |
| 2020-09-30 | -9.10 |
| 2020-06-30 | -11.33 |
| 2020-03-31 | -9.40 |
| 2019-12-31 | -42.18 |
| 2019-09-30 | -18.54 |
| 2019-06-30 | -11.84 |
| 2019-03-31 | -8.14 |
| 2018-12-31 | -15.47 |
| 2018-09-30 | 6.80 |
| 2018-06-30 | 7.43 |
| 2018-03-31 | 4.93 |
| 2017-12-31 | 5.18 |
| 2017-09-30 | 5.77 |
| 2017-06-30 | 6.76 |
| 2017-03-31 | 7.44 |
| 2016-12-31 | 6.53 |
| 2016-09-30 | 3.76 |
| 2016-06-30 | 2.95 |
| 2016-03-31 | 2.57 |
| 2015-12-31 | 1.75 |
| 2015-09-30 | 1.41 |
| 2015-06-30 | 0.56 |
| 2015-03-31 | 0.55 |
| 2014-12-31 | 0.56 |
| 2014-09-30 | 0.57 |
| 2014-06-30 | 0.48 |
| 2014-03-31 | 0.51 |
| 2013-12-31 | 0.51 |
| 2013-09-30 | 0.53 |
| 2013-06-30 | 0.53 |
| 2013-03-31 | 0.56 |
| 2012-12-31 | 0.60 |
| 2012-09-30 | 0.59 |
| 2012-06-30 | 0.62 |
| 2012-03-31 | 0.79 |
| 2011-12-31 | 0.82 |
| 2011-09-30 | 0.88 |
| 2011-06-30 | 0.92 |
| 2011-03-31 | 0.97 |
| 2010-11-30 | 1.17 |
| 2010-08-31 | 1.22 |
| 2010-05-31 | 0.12 |
| 2010-02-28 | 0.68 |
| 2009-11-30 | 0.75 |
| 2009-08-31 | 1.04 |
| 2009-05-31 | 1.15 |
| 2009-02-28 | 1.27 |
| 2008-11-30 | 1.40 |
| 2008-08-31 | 1.49 |
| 2008-05-31 | 1.65 |
| 2008-02-29 | 1.89 |
| 2007-11-30 | 2.12 |
| 2007-08-31 | -7.28 |
| 2007-05-31 | 0.00 |
| 2007-02-28 | 0.00 |
| 2006-11-30 | 0.00 |
| 2006-08-31 | 0.00 |
| 2006-05-31 | 0.00 |
| 2006-02-28 | 0.00 |
| 2005-11-30 | 0.00 |
| 2005-08-31 | 0.00 |
| 2005-05-31 | 0.00 |
| 2005-02-28 | 0.00 |