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.
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
0.60
median of 129 covered companies
CURRENT VS SECTOR MEDIAN
+81.84%
vs the sector median at left
Veralto Corporation
Market Cap
$24.03B
Debt to Equity Ratio
1.09
TTM Avg
0.96
3Y Avg
1.37
5Y Avg
N/A
Market Cap
$23.69B
Debt to Equity Ratio
2.03
TTM Avg
2.55
3Y Avg
2.89
5Y Avg
3.01
Market Cap
$23.62B
Debt to Equity Ratio
0.27
TTM Avg
0.25
3Y Avg
0.22
5Y Avg
0.20
Market Cap
$23.01B
Debt to Equity Ratio
0.97
TTM Avg
0.77
3Y Avg
0.82
5Y Avg
0.97
Market Cap
$25.35B
Debt to Equity Ratio
0.31
TTM Avg
0.49
3Y Avg
0.47
5Y Avg
0.49
Market Cap
$25.58B
Debt to Equity Ratio
0.44
TTM Avg
0.51
3Y Avg
0.56
5Y Avg
0.59
Market Cap
$21.50B
Debt to Equity Ratio
0.21
TTM Avg
0.22
3Y Avg
0.24
5Y Avg
0.26
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Veralto Corporation (VLTO) | $24.03B | 1.09 | 0.96 | 1.37 | N/A |
| XPO Logistics, Inc. (XPO)vs › | $23.69B | 2.03 | 2.55 | 2.89 | 3.01 |
| Expeditors International of Washington, Inc. (EXPD)vs › | $23.62B | 0.27 | 0.25 | 0.22 | 0.20 |
| Southwest Airlines Co. (LUV)vs › | $23.01B | 0.97 | 0.77 | 0.82 | 0.97 |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $25.35B | 0.31 | 0.49 | 0.47 | 0.49 |
| Curtiss-Wright Corporation (CW)vs › | $25.58B | 0.44 | 0.51 | 0.56 | 0.59 |
| Symbotic Inc. (SYM)vs › | $25.71B | N/A | 0.07 | 0.04 | 0.02 |
| Snap-on Incorporated (SNA)vs › | $21.50B | 0.21 | 0.22 | 0.24 | 0.26 |
| Equifax Inc. (EFX)vs › | $21.43B | 1.25 | 1.08 | 1.22 | 1.29 |
| MasTec, Inc. (MTZ)vs › | $21.36B | 0.19 | 0.88 | 1.08 | 1.00 |
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 |