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 1.09 is in line with its 4-year average of 1.06, around the middle of its 4-year range (0.00–2.51).
As of the fiscal period ended Friday, July 3, 2026. 14.04% above its 12-month average of 0.96.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-07-03): 1.09.
DEBT TO EQUITY RATIO
1.09
DEBT TO EQUITY RATIO AVG TTM
0.96
DEBT TO EQUITY RATIO AVG 3Y
1.37
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
+14.04%
CURRENT VS 3Y AVG
-20.59%
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 · INDUSTRIALS
0.59
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
+84.92%
vs the sector median at left
Veralto Corporation
Market Cap
$23.20B
Debt to Equity Ratio
1.09
TTM Avg
0.96
3Y Avg
1.37
5Y Avg
N/A
Market Cap
$24.17B
Debt to Equity Ratio
1.37
TTM Avg
0.60
3Y Avg
0.67
5Y Avg
0.70
Market Cap
$22.18B
Debt to Equity Ratio
0.31
TTM Avg
0.49
3Y Avg
0.47
5Y Avg
0.49
Market Cap
$21.65B
Debt to Equity Ratio
0.47
TTM Avg
0.64
3Y Avg
0.54
5Y Avg
0.54
Market Cap
$25.13B
Debt to Equity Ratio
0.27
TTM Avg
0.25
3Y Avg
0.22
5Y Avg
0.20
Market Cap
$25.37B
Debt to Equity Ratio
N/A
TTM Avg
0.18
3Y Avg
0.12
5Y Avg
0.12
Market Cap
$20.98B
Debt to Equity Ratio
0.41
TTM Avg
0.51
3Y Avg
0.56
5Y Avg
0.59
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Veralto Corporation (VLTO) | $23.20B | 1.09 | 0.96 | 1.37 | N/A |
| Hubbell Incorporated (HUBB)vs › | $24.17B | 1.37 | 0.60 | 0.67 | 0.70 |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $22.18B | 0.31 | 0.49 | 0.47 | 0.49 |
| MTU Aero Engines AG (MTUAY)vs › | $21.65B | 0.47 | 0.64 | 0.54 | 0.54 |
| Xylem Inc. (XYL)vs › | $25.04B | 0.29 | 0.19 | 0.29 | 0.50 |
| Dover Corporation (DOV)vs › | $25.06B | 0.42 | 0.48 | 0.65 | 0.72 |
| Expeditors International of Washington, Inc. (EXPD)vs › | $25.13B | 0.27 | 0.25 | 0.22 | 0.20 |
| Otis Worldwide Corporation (OTIS)vs › | $25.37B | N/A | 0.18 | 0.12 | 0.12 |
| Curtiss-Wright Corporation (CW)vs › | $20.98B | 0.41 | 0.51 | 0.56 | 0.59 |
| nVent Electric plc (NVT)vs › | $25.78B | 0.41 | 0.58 | 0.55 | 0.51 |
Debt/Equity
1.09
Current Ratio
1.78
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 | 1.09 |
| 2026-04-03 | 0.89 |
| 2025-12-31 | 0.86 |
| 2025-10-03 | 0.94 |
| 2025-07-04 | 1.01 |
| 2025-04-04 | 1.14 |
| 2024-12-31 | 1.36 |
| 2024-09-27 | 1.35 |
| 2024-06-28 | 1.57 |
| 2024-03-31 | 1.77 |
| 2023-12-31 | 2.01 |
| 2023-09-30 | 2.51 |
| 2023-06-30 | 2.51 |
| 2023-03-31 | 0.04 |
| 2022-12-31 | 0.04 |
| 2022-09-30 | 0.00 |
| 2022-07-01 | 0.00 |
| 2022-04-30 | 0.00 |