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 1.64 is 431% above its 5-year average of -0.50, around the middle of its 5-year range (-174.84–187.77).
As of the fiscal period ended Tuesday, June 30, 2026. 13.73% below its 12-month average of 1.90.
Reported quarterly debt to equity ratio; no daily interpolation.
DEBT TO EQUITY RATIO
1.64
DEBT TO EQUITY RATIO AVG TTM
1.90
DEBT TO EQUITY RATIO AVG 3Y
2.35
DEBT TO EQUITY RATIO AVG 5Y
-0.50
DEBT TO EQUITY RATIO AVG 10Y
2.02
DEBT TO EQUITY RATIO AVG 15Y
1.51
DEBT TO EQUITY RATIO AVG 20Y
1.16
CURRENT VS TTM AVG
-13.73%
CURRENT VS 3Y AVG
-30.03%
CURRENT VS 5Y AVG
+430.67%
CURRENT VS 10Y AVG
-18.72%
CURRENT VS 15Y AVG
+8.62%
CURRENT VS 20Y AVG
+42.21%
SECTOR MEDIAN · FINANCIAL SERVICES
0.65
median of 101 covered companies
CURRENT VS SECTOR MEDIAN
+152.76%
vs the sector median at left
Market Cap
$65.28B
Debt to Equity Ratio
0.22
TTM Avg
0.31
3Y Avg
0.38
5Y Avg
0.35
Market Cap
$62.76B
Debt to Equity Ratio
0.09
TTM Avg
0.64
3Y Avg
0.69
5Y Avg
0.72
Market Cap
$62.48B
Debt to Equity Ratio
1.09
TTM Avg
1.02
3Y Avg
1.04
5Y Avg
0.90
Market Cap
$72.38B
Debt to Equity Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$75.44B
Debt to Equity Ratio
0.65
TTM Avg
0.59
3Y Avg
0.71
5Y Avg
2.80
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Aon plc (AON) | $64.63B | 1.64 | 1.90 | 2.35 | -0.50 |
| The Allstate Corporation (ALL)vs › | $65.28B | 0.22 | 0.31 | 0.38 | 0.35 |
| Arthur J. Gallagher & Co. (AJG)vs › | $62.76B | 0.09 | 0.64 | 0.69 | 0.72 |
| Truist Financial Corporation (TFC)vs › | $62.48B | 1.09 | 1.02 | 1.04 | 0.90 |
| MetLife, Inc. (MET)vs › | $61.57B | 0.74 | 0.70 | 0.66 | 0.52 |
| Aflac Incorporated (AFL)vs › | $58.40B | 0.29 | 0.29 | 0.32 | 0.29 |
| VanEck Semiconductor ETF (SMH)vs › | $72.38B | N/A | N/A | N/A | N/A |
| Nu Holdings Ltd. (NU)vs › | $72.65B | 3.17 | 0.29 | 0.23 | 0.23 |
| Apollo Global Management, Inc. (APO)vs › | $75.44B | 0.65 | 0.59 | 0.71 | 2.80 |
| State Street Corporation (STT)vs › | $53.11B | 1.08 | 1.26 | 1.07 | 0.94 |
Debt/Equity
1.64
Current Ratio
1.03
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 | 1.64 |
| 2026-03-31 | 1.57 |
| 2025-12-31 | 1.77 |
| 2025-09-30 | 2.22 |
| 2025-06-30 | 2.32 |
| 2025-03-31 | 2.64 |
| 2024-12-31 | 2.92 |
| 2024-09-30 | 2.88 |
| 2024-06-30 | 3.16 |
| 2024-03-31 | -130.20 |
| 2023-12-31 | -14.57 |
| 2023-09-30 | -20.63 |
| 2023-06-30 | 187.77 |
| 2023-03-31 | -174.84 |
| 2022-12-31 | -22.07 |
| 2022-09-30 | -14.95 |
| 2022-06-30 | 16.57 |
| 2022-03-31 | 9.57 |
| 2021-12-31 | 9.82 |
| 2021-09-30 | 4.29 |
| 2021-06-30 | 1.88 |
| 2021-03-31 | 1.97 |
| 2020-12-31 | 2.55 |
| 2020-09-30 | 2.52 |
| 2020-06-30 | 2.57 |
| 2020-03-31 | 2.93 |
| 2019-12-31 | 2.54 |
| 2019-09-30 | 2.43 |
| 2019-06-30 | 2.30 |
| 2019-03-31 | 1.61 |
| 2018-12-31 | 1.54 |
| 2018-09-30 | 1.54 |
| 2018-06-30 | 1.45 |
| 2018-03-31 | 1.18 |
| 2017-12-31 | 1.34 |
| 2017-09-30 | 1.18 |
| 2017-06-30 | 1.10 |
| 2017-03-31 | 1.11 |
| 2016-12-31 | 1.16 |
| 2016-09-30 | 1.16 |
| 2016-06-30 | 1.15 |
| 2016-03-31 | 1.28 |
| 2015-12-31 | 0.96 |
| 2015-09-30 | 1.07 |
| 2015-06-30 | 0.97 |
| 2015-03-31 | 0.92 |
| 2014-12-31 | 0.88 |
| 2014-09-30 | 0.79 |
| 2014-06-30 | 0.80 |
| 2014-03-31 | 0.62 |
| 2013-12-31 | 0.56 |
| 2013-09-30 | 0.60 |
| 2013-06-30 | 0.59 |
| 2013-03-31 | 0.60 |
| 2012-12-31 | 0.56 |
| 2012-09-30 | 0.53 |
| 2012-06-30 | 0.55 |
| 2012-03-31 | 0.53 |
| 2011-12-31 | 0.56 |
| 2011-09-30 | 0.56 |
| 2011-06-30 | 0.54 |
| 2011-03-31 | 0.58 |
| 2010-12-31 | 0.55 |
| 2010-09-30 | 0.65 |
| 2010-06-30 | 0.36 |
| 2010-03-31 | 0.39 |
| 2009-12-31 | 0.37 |
| 2009-09-30 | 0.34 |
| 2009-06-30 | 0.33 |
| 2009-03-31 | 0.35 |
| 2008-12-31 | 0.37 |
| 2008-09-30 | 0.33 |
| 2008-06-30 | 0.31 |
| 2008-03-31 | 0.32 |
| 2007-12-31 | 0.34 |
| 2007-09-30 | 0.36 |
| 2007-06-30 | 0.41 |
| 2007-03-31 | 0.39 |
| 2006-12-31 | 0.44 |
| 2006-09-30 | 0.44 |
| 2006-06-30 | 0.39 |
| 2006-03-31 | 0.38 |
| 2005-12-31 | 0.40 |
| 2005-09-30 | 0.35 |
| 2005-06-30 | 0.35 |
| 2005-03-31 | 0.41 |
| 2004-12-31 | 0.41 |
| 2004-09-30 | 0.40 |
| 2004-06-30 | 0.44 |
| 2004-03-31 | 0.43 |
| 2003-12-31 | 0.48 |
| 2003-09-30 | 0.35 |
| 2003-06-30 | 0.41 |
| 2003-03-31 | 0.41 |
| 2002-12-31 | 0.46 |
| 2002-09-30 | 0.59 |
