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 0.00 is 100% below its 5-year average of 0.01, near the low end of its 5-year range (0.00–0.02).
As of the fiscal period ended Tuesday, June 30, 2026.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.00.
DEBT TO EQUITY RATIO
0.00
DEBT TO EQUITY RATIO AVG TTM
0.00
DEBT TO EQUITY RATIO AVG 3Y
0.00
DEBT TO EQUITY RATIO AVG 5Y
0.01
DEBT TO EQUITY RATIO AVG 10Y
0.02
DEBT TO EQUITY RATIO AVG 15Y
N/A
DEBT TO EQUITY RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
-100.00%
CURRENT VS 10Y AVG
-100.00%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.33
median of 186 covered companies
CURRENT VS SECTOR MEDIAN
-100.00%
vs the sector median at left
Arista Networks, Inc.
Market Cap
$242.93B
Debt to Equity Ratio
0.00
TTM Avg
0.00
3Y Avg
0.00
5Y Avg
0.01
Market Cap
$238.90B
Debt to Equity Ratio
0.78
TTM Avg
0.92
3Y Avg
0.80
5Y Avg
0.77
Market Cap
$226.06B
Debt to Equity Ratio
1.89
TTM Avg
2.10
3Y Avg
2.33
5Y Avg
2.57
Market Cap
$261.26B
Debt to Equity Ratio
0.02
TTM Avg
0.02
3Y Avg
0.11
5Y Avg
0.10
Market Cap
$273.11B
Debt to Equity Ratio
0.09
TTM Avg
0.07
3Y Avg
0.42
5Y Avg
4.19
Market Cap
$211.59B
Debt to Equity Ratio
0.16
TTM Avg
0.21
3Y Avg
0.33
5Y Avg
0.49
Market Cap
$205.81B
Debt to Equity Ratio
0.29
TTM Avg
0.33
3Y Avg
0.31
5Y Avg
0.29
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Arista Networks, Inc. (ANET) | $242.93B | 0.00 | 0.00 | 0.00 | 0.01 |
| SAP SE (SAP)vs › | $243.69B | 0.22 | 0.21 | 0.23 | 0.31 |
| KLA Corporation (KLAC)vs › | $238.93B | 0.97 | 1.14 | 1.59 | 2.04 |
| Texas Instruments Incorporated (TXN)vs › | $238.90B | 0.78 | 0.92 | 0.80 | 0.77 |
| International Business Machines Corporation (IBM)vs › | $226.06B | 1.89 | 2.10 | 2.33 | 2.57 |
| Sandisk Corporation (SNDK)vs › | $261.26B | 0.02 | 0.02 | 0.11 | 0.10 |
| Palo Alto Networks, Inc. (PANW)vs › | $273.11B | 0.09 | 0.07 | 0.42 | 4.19 |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $211.59B | 0.16 | 0.21 | 0.33 | 0.49 |
| Marvell Technology, Inc. (MRVL)vs › | $205.81B | 0.29 | 0.33 | 0.31 | 0.29 |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $282.20B | 0.06 | 0.06 | 0.05 | 0.05 |
Debt/Equity
0.00
Current Ratio
2.96
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 | 0.00 |
| 2026-03-31 | 0.00 |
| 2025-12-31 | 0.00 |
| 2025-09-30 | 0.00 |
| 2025-06-30 | 0.00 |
| 2025-03-31 | 0.00 |
| 2024-12-31 | 0.00 |
| 2024-09-30 | 0.00 |
| 2024-06-30 | 0.00 |
| 2024-03-31 | 0.00 |
| 2023-12-31 | 0.00 |
| 2023-09-30 | 0.01 |
| 2023-06-30 | 0.01 |
| 2023-03-31 | 0.01 |
| 2022-12-31 | 0.01 |
| 2022-09-30 | 0.01 |
| 2022-06-30 | 0.01 |
| 2022-03-31 | 0.01 |
| 2021-12-31 | 0.01 |
| 2021-09-30 | 0.02 |
| 2021-06-30 | 0.02 |
| 2021-03-31 | 0.02 |
| 2020-12-31 | 0.02 |
| 2020-09-30 | 0.02 |
| 2020-06-30 | 0.02 |
| 2020-03-31 | 0.03 |
| 2019-12-31 | 0.03 |
| 2019-09-30 | 0.03 |
| 2019-06-30 | 0.04 |
| 2019-03-31 | 0.04 |
| 2018-12-31 | 0.02 |
| 2018-09-30 | 0.02 |
| 2018-06-30 | 0.02 |
| 2018-03-31 | 0.02 |
| 2017-12-31 | 0.02 |
| 2017-09-30 | 0.03 |
| 2017-06-30 | 0.03 |
| 2017-03-31 | 0.03 |
| 2016-12-31 | 0.04 |
| 2016-09-30 | 0.04 |
| 2016-06-30 | 0.04 |
| 2016-03-31 | 0.05 |
| 2015-12-31 | 0.05 |
| 2015-09-30 | 0.06 |
| 2015-06-30 | 0.06 |
| 2015-03-31 | 0.07 |
| 2014-12-31 | 0.08 |
| 2014-09-30 | 0.09 |
| 2014-06-30 | 0.09 |
| 2014-03-31 | 1.48 |
| 2013-12-31 | 1.84 |
| 2013-09-30 | 2.53 |
| 2013-06-30 | 0.00 |
| 2013-03-31 | 0.00 |
| 2012-12-31 | 6.50 |
