Planet Labs PBC (PL) Debt to Equity Ratio: 2.45
Is Planet Labs PBC’s debt to equity ratio high or low?
Planet Labs PBC's debt to equity ratio of 2.45 is 258% above its 5-year average of 0.69, near the high end of its 5-year range (0.00–2.45).
As of Friday, June 12, 2026. 96.00% above its 12-month average of 1.25.
PL Debt to Equity Ratio Chart
PL Average Debt to Equity Ratio Chart
PL Current vs Average Debt to Equity Ratio Chart
PL Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
2.45
DEBT TO EQUITY RATIO AVG TTM
1.25
DEBT TO EQUITY RATIO AVG 3Y
0.65
DEBT TO EQUITY RATIO AVG 5Y
0.69
DEBT TO EQUITY RATIO AVG 10Y
0.62
DEBT TO EQUITY RATIO AVG 15Y
0.62
DEBT TO EQUITY RATIO AVG 20Y
0.62
CURRENT VS TTM AVG
+96.00%
CURRENT VS 3Y AVG
+278.38%
CURRENT VS 5Y AVG
+257.66%
CURRENT VS 10Y AVG
+292.45%
CURRENT VS 15Y AVG
+292.45%
CURRENT VS 20Y AVG
+292.45%
PL Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Planet Labs PBC (PL) | $11.38B | 2.45 | 1.25 | 0.65 | 0.69 |
| Pentair plc (PNR) | $11.73B | 0.42 | 0.46 | 0.61 | 0.55 |
| Powell Industries, Inc. (POWL) | $10.58B | 0.00 | 0.00 | 0.00 | 0.01 |
| Gartner, Inc. (IT) | $9.92B | 11.31 | 6.72 | 7.95 | 7.20 |
| CNH Industrial N.V. (CNH) | $12.85B | 3.50 | 3.52 | 3.46 | 4.37 |
| AGCO Corporation (AGCO) | $8.04B | 0.63 | 0.69 | 0.53 | 0.53 |
| Generac Holdings Inc. (GNRC) | $14.81B | 0.51 | 0.55 | 0.64 | 0.65 |
| Matson, Inc. (MATX) | $6.02B | 0.26 | 0.27 | 0.31 | 0.49 |
| Primoris Services Corporation (PRIM) | $5.13B | 0.76 | 0.80 | 0.97 | 0.91 |
| Fortive Corporation (FTV) | $18.24B | 0.50 | 0.44 | 0.40 | 0.42 |
Financial Health
Debt/Equity
2.45
Current Ratio
1.65
Planet Labs PBC Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Planet Labs PBC Debt to Equity Ratio FAQ
- What is the debt to equity ratio for Planet Labs PBC (PL)?
- The debt to equity ratio for PL stock is 2.45.
- Is Planet Labs PBC's debt to equity ratio high or low?
- Planet Labs PBC's debt to equity ratio of 2.45 is 258% above its 5-year average of 0.69, near the high end of its 5-year range (0.00–2.45).
- What is the TTM average debt to equity ratio for Planet Labs PBC (PL)?
- The TTM average debt to equity ratio for PL stock is 1.25.
- What is the 3Y average debt to equity ratio for Planet Labs PBC (PL)?
- The 3Y average debt to equity ratio for PL stock is 0.65.
- What is the 5Y average debt to equity ratio for Planet Labs PBC (PL)?
- The 5Y average debt to equity ratio for PL stock is 0.69.
- What is the 10Y average debt to equity ratio for Planet Labs PBC (PL)?
- The 10Y average debt to equity ratio for PL stock is 0.62.
- What is the 15Y average debt to equity ratio for Planet Labs PBC (PL)?
- The 15Y average debt to equity ratio for PL stock is 0.62.
- What is the 20Y average debt to equity ratio for Planet Labs PBC (PL)?
- The 20Y average debt to equity ratio for PL stock is 0.62.
Planet Labs PBC Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2026-01-31 | 2.45 |
| 2025-01-31 | 0.05 |
| 2024-01-31 | 0.05 |
| 2023-01-31 | 0.04 |
| 2022-01-31 | 0.00 |
| 2021-01-31 | 1.52 |
| 2020-01-31 | 0.26 |
Related Metrics
About Planet Labs PBC
Planet Labs PBC is dedicated to the creation, deployment, and management of extensive satellite constellations. Its core mission is to provide frequent, worldwide geospatial data, which customers can access through a specialized online platform. The company's offerings include a proprietary, cloud-native technological solution, branded as "Open Geospatial Consortium," that meticulously processes and unifies imagery for temporal analysis and advanced data integration. Additionally, they furnish space-based equipment and complementary software systems. Planet Labs caters to a diverse clientele across sectors such as agriculture, cartography, forestry, and the finance and insurance industries, alongside federal, state, and municipal government bodies. The organization was established in 2010 and maintains its primary operational base in San Francisco, California.
- Sector
- Industrials
- Industry
- Aerospace & Defense
- CEO
- William Spencer Marshall