Axos Financial (AX) Debt/Equity Ratio: History & Chart

Axos Financial, Inc.(AX)

Banks - Regional · Las Vegas, NV

$88.58+0.97 (+1.11%)

Delayed quote: Sep 24, 2026, 4:00 PM EDT

About Axos Financial, Inc.

Founded in Las Vegas, Nevada, in 1999, Axos Financial, Inc. is a U.S.-based financial institution that delivers a comprehensive array of banking services to both individual consumers and businesses. The company operates through two primary divisions: its core Banking Business and its Securities Business. For deposits, Axos provides a broad spectrum of options including checking, savings, demand, money market, and time deposit accounts, alongside specialized products such as zero balance and insured cash sweep accounts. Its diverse lending portfolio encompasses various mortgage types, such as single-family, multi-family, and commercial real estate-backed loans. They also extend commercial and industrial loans, comprising non-real estate, asset-backed, term loans, and lines of credit. Consumer lending encompasses automobile loans, fixed-rate unsecured loans, and unique offerings such as structured settlements, Small Business Administration (SBA) loans, and securities-backed financing. Beyond its core banking activities, Axos provides extensive services, including ACH origination, wire transfers, commercial check printing, and tools for business bill payment and account transfers. Digital solutions such as remote and mobile deposit, lockbox services, merchant payment processing, and online payment portals are readily available. Clients benefit from concierge banking, mobile and text message banking, diverse payment services, and access to debit cards, credit cards, and digital wallets. In its Securities Business, Axos facilitates disclosed clearing services and comprehensive back-office support. This encompasses record keeping, trade reporting, accounting, general administrative support, securities and margin lending, reorganization assistance, and the secure custody of securities. The company also offers financing solutions to its brokerage clients. The institution, previously known as BofI Holding, Inc., adopted its current name, Axos Financial, Inc., in September 2018.

Las Vegas, NV

2,191 employees

investors.axosfinancial.com

Financial Services / Banks - Regional

Sector: Financial Services
Industry: Banks - Regional
CEO: Gregory Garrabrants

View full financials

AX Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

0.34

DEBT TO EQUITY RATIO AVG TTM

0.45

DEBT TO EQUITY RATIO AVG 3Y

0.24

DEBT TO EQUITY RATIO AVG 5Y

0.27

DEBT TO EQUITY RATIO AVG 10Y

0.45

DEBT TO EQUITY RATIO AVG 15Y

1.06

DEBT TO EQUITY RATIO AVG 20Y

1.73

CURRENT VS TTM AVG

-25.07%

CURRENT VS 3Y AVG

+38.72%

CURRENT VS 5Y AVG

+26.28%

CURRENT VS 10Y AVG

-24.35%

CURRENT VS 15Y AVG

-68.04%

CURRENT VS 20Y AVG

-80.43%

SECTOR MEDIAN · FINANCIAL SERVICES

0.65

median of 102 covered companies

CURRENT VS SECTOR MEDIAN

-47.84%

vs the sector median at left

NAME	MARKET CAP	DEBT TO EQUITY RATIO	TTM	3Y	5Y
Axos Financial, Inc. (AX)	$5.04B	0.34	0.45	0.24	0.27
Main Street Capital Corporation (MAIN)vs ›	$5.09B	0.80	0.79	0.81	0.84
RLI Corp. (RLI)vs ›	$5.15B	0.17	0.07	0.15	0.15
MarketAxess Holdings Inc. (MKTX)vs ›	$5.76B	0.14	0.15	0.11	0.10
Sezzle Inc. (SEZL)vs ›	$3.69B	0.52	1.01	3.40	2.62
PIMCO Dynamic Income Fund (PDI)vs ›	$6.40B	0.52	0.52	0.60	0.67
iShares Core 80/20 Aggressive Allocation ETF (AOA)vs ›	$3.22B	N/A	N/A	N/A	N/A
Nuveen Quality Municipal Income Fund (NAD)vs ›	$2.36B	0.72	0.70	0.73	0.68
Kinsale Capital Group, Inc. (KNSL)vs ›	$7.76B	0.11	0.11	0.17	0.14
TeraWulf Inc. (WULF)vs ›	$8.07B	35.56	19.50	10.17	7.47

NAME

MARKET CAP

DEBT TO EQUITY RATIO

TTM

Axos Financial, Inc. (AX)

$5.04B

0.34

0.45

0.24

0.27

Main Street Capital Corporation (MAIN)vs ›

$5.09B

0.80

0.79

0.81

0.84

RLI Corp. (RLI)vs ›

$5.15B

0.17

0.07

0.15

MarketAxess Holdings Inc. (MKTX)vs ›

$5.76B

0.14

0.15

0.11

0.10

Sezzle Inc. (SEZL)vs ›

$3.69B

0.52

1.01

3.40

2.62

PIMCO Dynamic Income Fund (PDI)vs ›

$6.40B

0.52

0.60

0.67

iShares Core 80/20 Aggressive Allocation ETF (AOA)vs ›

$3.22B

N/A

Nuveen Quality Municipal Income Fund (NAD)vs ›

$2.36B

0.72

0.70

0.73

0.68

Kinsale Capital Group, Inc. (KNSL)vs ›

$7.76B

0.11

0.17

0.14

TeraWulf Inc. (WULF)vs ›

$8.07B

35.56

19.50

10.17

7.47

Debt to Equity Ratio FAQ

What is the debt to equity ratio for Axos Financial, Inc. (AX)?

The debt to equity ratio for AX stock is 0.34.

Is Axos Financial, Inc.'s debt to equity ratio high or low?

The debt to equity ratio of 0.34 is 26% above its 5-year average of 0.27, near the low end of its 5-year range (0.14–0.92).

What is the TTM average debt to equity ratio for Axos Financial, Inc. (AX)?

The TTM average debt to equity ratio for AX stock is 0.45.

What is the 3Y average debt to equity ratio for Axos Financial, Inc. (AX)?

The 3Y average debt to equity ratio for AX stock is 0.24.

What is the 5Y average debt to equity ratio for Axos Financial, Inc. (AX)?

The 5Y average debt to equity ratio for AX stock is 0.27.

What is the 10Y average debt to equity ratio for Axos Financial, Inc. (AX)?

The 10Y average debt to equity ratio for AX stock is 0.45.

What is the 15Y average debt to equity ratio for Axos Financial, Inc. (AX)?

The 15Y average debt to equity ratio for AX stock is 1.06.

What is the 20Y average debt to equity ratio for Axos Financial, Inc. (AX)?

The 20Y average debt to equity ratio for AX stock is 1.73.

DATE	DEBT TO EQUITY RATIO
2026-06-30	0.34
2026-03-31	0.92
2025-12-31	0.38
2025-09-30	0.48
2025-06-30	0.14
2025-03-31	0.17
2024-12-31	0.17
2024-09-30	0.17
2024-06-30	0.18
2024-03-31	0.19
2023-12-31	0.21
2023-09-30	0.27
2023-06-30	0.24
2023-03-31	0.23
2022-12-31	0.24
2022-09-30	0.32
2022-06-30	0.34
2022-03-31	0.34
2021-12-31	0.27
2021-09-30	0.28
2021-06-30	0.41
2021-03-31	0.40
2020-12-31	0.47
2020-09-30	0.56
2020-06-30	0.39
2020-03-31	0.71
2019-12-31	0.28
2019-09-30	0.56
2019-06-30	0.58
2019-03-31	0.63
2018-12-31	0.40
2018-09-30	2.63
2018-06-30	0.53
2018-03-31	1.11
2017-12-31	0.68
2017-09-30	0.54
2017-06-30	0.86
2017-03-31	1.31
2016-12-31	1.00
2016-09-30	1.03
2016-06-30	1.20
2016-03-31	1.45
2015-12-31	1.30
2015-09-30	1.49
2015-06-30	1.49
2015-03-31	1.26
2014-12-31	1.58
2014-09-30	2.71
2014-06-30	2.59
2014-03-31	1.94
2013-12-31	2.66
2013-09-30	2.73
2013-06-30	2.63
2013-03-31	2.21
2012-12-31	2.67
2012-09-30	2.46
2012-06-30	3.78
2012-03-31	2.38
2011-12-31	2.40
2011-09-30	2.54
2011-06-30	3.00
2011-03-31	2.26
2010-12-31	2.90
2010-09-30	2.90
2010-06-30	2.45
2010-03-31	2.92
2009-12-31	3.50
2009-09-30	4.96
2009-06-30	6.28
2009-03-31	5.47
2008-12-31	6.17
2008-09-30	6.66
2008-06-30	6.43
2008-03-31	5.69
2007-12-31	4.65
2007-09-30	4.55
2007-06-30	4.43
2007-03-31	4.23
2006-12-31	3.67
2006-09-30	3.51
2006-06-30	3.44
2006-03-31	3.24
2005-12-31	3.06
2005-09-30	2.64
2005-06-30	3.27
2005-03-31	2.07
2004-12-31	4.83

DATE

DEBT TO EQUITY RATIO

2026-06-30

0.34

2026-03-31

0.92

2025-12-31

0.38

2025-09-30

0.48

2025-06-30

0.14

2025-03-31

0.17

2024-12-31

0.17

2024-09-30

0.17

2024-06-30

0.18

2024-03-31

0.19

2023-12-31

0.21

2023-09-30

0.27

2023-06-30

0.24

2023-03-31

0.23

2022-12-31

0.24

2022-09-30

0.32

2022-06-30

0.34

2022-03-31

0.34

2021-12-31

0.27

2021-09-30

0.28

2021-06-30

0.41

2021-03-31

0.40

2020-12-31

0.47

2020-09-30

0.56

2020-06-30

0.39

2020-03-31

0.71

2019-12-31

0.28

2019-09-30

0.56

2019-06-30

0.58

2019-03-31

0.63

2018-12-31

0.40

2018-09-30

2.63

2018-06-30

0.53

2018-03-31

1.11

2017-12-31

0.68

2017-09-30

0.54

2017-06-30

0.86

2017-03-31

1.31

2016-12-31

1.00

2016-09-30

1.03

2016-06-30

1.20

2016-03-31

1.45

2015-12-31

1.30

2015-09-30

1.49

2015-06-30

1.49

2015-03-31

1.26

2014-12-31

1.58

2014-09-30

2.71

2014-06-30

2.59

2014-03-31

1.94

2013-12-31

2.66

2013-09-30

2.73

2013-06-30

2.63

2013-03-31

2.21

2012-12-31

2.67

2012-09-30

2.46

2012-06-30

3.78

2012-03-31

2.38

2011-12-31

2.40

2011-09-30

2.54

2011-06-30

3.00

2011-03-31

2.26

2010-12-31

2.90

2010-09-30

2.90

2010-06-30

2.45

2010-03-31

2.92

2009-12-31

3.50

2009-09-30

4.96

2009-06-30

6.28

2009-03-31

5.47

2008-12-31

6.17

2008-09-30

6.66

2008-06-30

6.43

2008-03-31

5.69

2007-12-31

4.65

2007-09-30

4.55

2007-06-30

4.43

2007-03-31

4.23

2006-12-31

3.67

2006-09-30

3.51

2006-06-30

3.44

2006-03-31

3.24

2005-12-31

3.06

2005-09-30

2.64

2005-06-30

3.27

2005-03-31

2.07

2004-12-31

4.83

Debt to Equity Ratio: 0.34

AX Debt to Equity Ratio

AX Average Debt to Equity Ratio Chart

AX Current vs Average Debt to Equity Ratio Chart

AX Debt to Equity Ratio Metrics

AX Competitors' Debt to Equity Ratio

Financial Health

Debt to Equity Ratio Formula & Definition

Debt to Equity Ratio FAQ

AX Debt to Equity Ratio History

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