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 2.49 is in line with its 5-year average of 2.54, around the middle of its 5-year range (1.81–3.57).
As of the fiscal period ended Tuesday, June 30, 2026. 18.20% above its 12-month average of 2.10.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 2.49.
DEBT TO EQUITY RATIO
2.49
DEBT TO EQUITY RATIO AVG TTM
2.10
DEBT TO EQUITY RATIO AVG 3Y
2.12
DEBT TO EQUITY RATIO AVG 5Y
2.54
DEBT TO EQUITY RATIO AVG 10Y
2.90
DEBT TO EQUITY RATIO AVG 15Y
2.50
DEBT TO EQUITY RATIO AVG 20Y
1.40
CURRENT VS TTM AVG
+18.20%
CURRENT VS 3Y AVG
+17.18%
CURRENT VS 5Y AVG
-2.19%
CURRENT VS 10Y AVG
-14.13%
CURRENT VS 15Y AVG
-0.65%
CURRENT VS 20Y AVG
+77.84%
SECTOR MEDIAN · FINANCIAL SERVICES
0.65
median of 101 covered companies
CURRENT VS SECTOR MEDIAN
+282.56%
vs the sector median at left
Moody's Corporation
Market Cap
$82.24B
Debt to Equity Ratio
2.49
TTM Avg
2.10
3Y Avg
2.12
5Y Avg
2.54
Market Cap
$84.39B
Debt to Equity Ratio
1.47
TTM Avg
1.53
3Y Avg
1.40
5Y Avg
1.38
Market Cap
$79.94B
Debt to Equity Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$86.04B
Debt to Equity Ratio
5.69
TTM Avg
5.83
3Y Avg
5.41
5Y Avg
4.97
Market Cap
$87.86B
Debt to Equity Ratio
0.69
TTM Avg
0.72
3Y Avg
0.79
5Y Avg
0.77
Market Cap
$76.52B
Debt to Equity Ratio
0.27
TTM Avg
0.29
3Y Avg
0.31
5Y Avg
0.28
Market Cap
$76.20B
Debt to Equity Ratio
5.69
TTM Avg
0.24
3Y Avg
0.15
5Y Avg
0.27
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 |
|---|---|---|---|---|---|
| Moody's Corporation (MCO) | $82.24B | 2.49 | 2.10 | 2.12 | 2.54 |
| Marsh & McLennan Companies, Inc. (MRSH)vs › | $84.39B | 1.47 | 1.53 | 1.40 | 1.38 |
| iShares Russell 2000 ETF (IWM)vs › | $79.94B | N/A | N/A | N/A | N/A |
| Brookfield Corporation (BN)vs › | $86.04B | 5.69 | 5.83 | 5.41 | 4.97 |
| Intercontinental Exchange, Inc. (ICE)vs › | $87.86B | 0.69 | 0.72 | 0.79 | 0.77 |
| The Travelers Companies, Inc. (TRV)vs › | $76.52B | 0.27 | 0.29 | 0.31 | 0.28 |
| Brookfield Asset Management Ltd. (BAM)vs › | $76.20B | 5.69 | 0.24 | 0.15 | 0.27 |
| Apollo Global Management, Inc. (APO)vs › | $75.44B | 0.65 | 0.59 | 0.71 | 2.80 |
| Nu Holdings Ltd. (NU)vs › | $72.65B | 3.17 | 0.29 | 0.23 | 0.23 |
| VanEck Semiconductor ETF (SMH)vs › | $72.38B | N/A | N/A | N/A | N/A |
Debt/Equity
2.49
Current Ratio
1.19
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 | 2.49 |
| 2026-03-31 | 2.44 |
| 2025-12-31 | 1.81 |
| 2025-09-30 | 1.93 |
| 2025-06-30 | 1.84 |
| 2025-03-31 | 1.93 |
| 2024-12-31 | 2.17 |
| 2024-09-30 | 2.03 |
| 2024-06-30 | 1.93 |
| 2024-03-31 | 2.05 |
| 2023-12-31 | 2.23 |
| 2023-09-30 | 2.28 |
| 2023-06-30 | 2.44 |
| 2023-03-31 | 2.74 |
| 2022-12-31 | 3.12 |
| 2022-09-30 | 3.53 |
| 2022-06-30 | 3.57 |
| 2022-03-31 | 3.48 |
| 2021-12-31 | 2.92 |
| 2021-09-30 | 3.31 |
| 2021-06-30 | 3.13 |
| 2021-03-31 | 3.37 |
| 2020-12-31 | 4.43 |
| 2020-09-30 | 4.60 |
| 2020-06-30 | 6.60 |
| 2020-03-31 | 12.74 |
| 2019-12-31 | 10.06 |
| 2019-09-30 | 12.32 |
| 2019-06-30 | 16.97 |
| 2019-03-31 | 49.99 |
| 2018-12-31 | 12.37 |
| 2018-09-30 | 12.38 |
| 2018-06-30 | 21.92 |
| 2018-03-31 | 27.58 |
| 2017-12-31 | -16.91 |
| 2017-09-30 | -15.50 |
| 2017-06-30 | -7.19 |
| 2017-03-31 | -4.40 |
| 2016-12-31 | -2.75 |
| 2016-09-30 | -6.06 |
| 2016-06-30 | -5.70 |
| 2016-03-31 | -5.90 |
| 2015-12-31 | -6.02 |
| 2015-09-30 | -6.65 |
| 2015-06-30 | -9.38 |
| 2015-03-31 | -8.28 |
| 2014-12-31 | -13.56 |
| 2014-09-30 | 10.12 |
| 2014-06-30 | 4.72 |
| 2014-03-31 | 5.44 |
| 2013-12-31 | 6.24 |
| 2013-09-30 | 7.46 |
| 2013-06-30 | 3.59 |
| 2013-03-31 | 3.59 |
| 2012-12-31 | 4.34 |
| 2012-09-30 | 5.48 |
| 2012-06-30 | 12.50 |
| 2012-03-31 | 14.96 |
| 2011-12-31 | -7.36 |
| 2011-09-30 | -6.76 |
| 2011-06-30 | -47.62 |
| 2011-03-31 | -5.32 |
| 2010-12-31 | -4.00 |
| 2010-09-30 | -4.09 |
| 2010-06-30 | -2.21 |
| 2010-03-31 | -1.37 |
| 2009-12-31 | -1.97 |
| 2009-09-30 | -1.95 |
| 2009-06-30 | -1.76 |
| 2009-03-31 | -1.53 |
| 2008-12-31 | -1.48 |
| 2008-09-30 | -1.56 |
| 2008-06-30 | -1.55 |
| 2008-03-31 | -1.33 |
| 2007-12-31 | -1.47 |
| 2007-09-30 | -1.64 |
| 2007-06-30 | -2.67 |
| 2007-03-31 | -5.42 |
| 2006-12-31 | 1.79 |
| 2006-09-30 | 7.75 |
| 2006-06-30 | 14.56 |
| 2006-03-31 | 0.78 |
| 2005-12-31 | 0.97 |
| 2005-09-30 | 0.60 |
| 2005-06-30 | 0.47 |
| 2005-03-31 | 0.61 |
| 2004-12-31 | 0.94 |
| 2004-09-30 | 2.04 |
| 2004-06-30 | 4.83 |
| 2004-03-31 | 3.01 |
| 2003-12-31 | -9.35 |
| 2003-09-30 | -3.33 |
| 2003-06-30 | -2.15 |
| 2003-03-31 | -1.45 |
| 2002-12-31 | -1.33 |
| 2002-09-30 | -1.66 |