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 6.12 is 304% above its 5-year average of -2.99, near the high end of its 5-year range (-82.96–7.53).
As of the fiscal period ended Tuesday, March 31, 2026. 134.51% above its 12-month average of -17.74.
Reported quarterly debt to equity ratio; no daily interpolation.
DEBT TO EQUITY RATIO
6.12
DEBT TO EQUITY RATIO AVG TTM
-17.74
DEBT TO EQUITY RATIO AVG 3Y
3.61
DEBT TO EQUITY RATIO AVG 5Y
1.34
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
+134.51%
CURRENT VS 3Y AVG
+69.61%
CURRENT VS 5Y AVG
+356.39%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
0.90
median of 87 covered companies
CURRENT VS SECTOR MEDIAN
+580.16%
vs the sector median at left
Market Cap
$12.98B
Debt to Equity Ratio
1.66
TTM Avg
1.66
3Y Avg
1.52
5Y Avg
1.51
Market Cap
$11.21B
Debt to Equity Ratio
23.11
TTM Avg
16.82
3Y Avg
12.25
5Y Avg
9.38
Market Cap
$13.19B
Debt to Equity Ratio
0.15
TTM Avg
0.13
3Y Avg
0.13
5Y Avg
0.14
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NIO Inc. (NIO) | $12.11B | 6.12 | -17.74 | 3.61 | 1.34 |
| Aptiv PLC (APTV)vs › | $11.95B | 0.88 | 0.95 | 0.82 | 0.73 |
| DraftKings Inc. (DKNG)vs › | $11.65B | 3.06 | 2.19 | 1.75 | 1.30 |
| Domino's Pizza, Inc. (DPZ)vs › | $11.49B | -1.34 | N/A | N/A | N/A |
| Avery Dennison Corporation (AVY)vs › | $12.98B | 1.66 | 1.66 | 1.52 | 1.51 |
| MGM Resorts International (MGM)vs › | $11.21B | 23.11 | 16.82 | 12.25 | 9.38 |
| Wayfair Inc. (W)vs › | $11.21B | -1.46 | 0.49 | 0.25 | 0.20 |
| Deckers Outdoor Corporation (DECK)vs › | $13.19B | 0.15 | 0.13 | 0.13 | 0.14 |
| Hasbro, Inc. (HAS)vs › | $13.29B | 6.32 | 4.63 | 4.19 | 3.06 |
| Lululemon Athletica Inc. (LULU)vs › | $13.50B | 0.36 | 0.36 | 0.35 | 0.34 |
Debt/Equity
6.12
Current Ratio
0.98
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 | 6.12 |
| 2025-12-31 | 6.31 |
| 2025-09-30 | 7.53 |
| 2025-06-30 | -25.68 |
| 2025-03-31 | -82.96 |
| 2024-12-31 | 5.67 |
| 2024-09-30 | 2.99 |
| 2024-06-30 | 2.06 |
| 2024-03-31 | 1.59 |
| 2023-12-31 | 1.97 |
| 2023-09-30 | 2.05 |
| 2023-06-30 | 1.96 |
| 2023-03-31 | 1.45 |
| 2022-12-31 | 0.99 |
| 2022-09-30 | 0.93 |
| 2022-06-30 | 0.88 |
| 2022-03-31 | 0.65 |
| 2021-12-31 | 0.58 |
| 2021-09-30 | 0.79 |
| 2021-06-30 | 0.65 |
| 2021-03-31 | 0.57 |
| 2020-12-31 | 0.35 |
| 2020-09-30 | 1.23 |
| 2020-06-30 | -2.28 |
| 2020-03-31 | -1.68 |
| 2019-12-31 | -1.70 |
| 2019-09-30 | -3.11 |
| 2019-06-30 | -11.18 |
| 2019-03-31 | 5.03 |
| 2018-12-31 | 0.47 |
| 2018-09-30 | 0.18 |
| 2018-06-30 | 0.31 |
| 2018-03-31 | 0.14 |
| 2017-12-31 | -0.06 |
| 2017-09-30 | 0.00 |
| 2017-06-30 | 0.00 |
| 2017-03-31 | 0.00 |
