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 -1.54 is in line with its 5-year average of -1.53, near the high end of its 5-year range (-2.15–-1.40).
As of the fiscal period ended Tuesday, June 30, 2026. 0.09% below its 12-month average of -1.54.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-06-30): -1.54.
DEBT TO EQUITY RATIO
-1.54
DEBT TO EQUITY RATIO AVG TTM
-1.54
DEBT TO EQUITY RATIO AVG 3Y
-1.53
DEBT TO EQUITY RATIO AVG 5Y
-1.53
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
-0.09%
CURRENT VS 3Y AVG
-0.34%
CURRENT VS 5Y AVG
-0.91%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
0.59
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
-360.84%
vs the sector median at left
Otis Worldwide Corporation
Market Cap
$26.15B
Debt to Equity Ratio
-1.54
TTM Avg
-1.54
3Y Avg
-1.53
5Y Avg
-1.53
Market Cap
$24.73B
Debt to Equity Ratio
0.27
TTM Avg
0.25
3Y Avg
0.22
5Y Avg
0.20
Market Cap
$24.47B
Debt to Equity Ratio
0.41
TTM Avg
0.58
3Y Avg
0.55
5Y Avg
0.51
Market Cap
$28.43B
Debt to Equity Ratio
0.47
TTM Avg
0.48
3Y Avg
0.39
5Y Avg
0.40
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Otis Worldwide Corporation (OTIS) | $26.15B | -1.54 | -1.54 | -1.53 | -1.53 |
| Dover Corporation (DOV)vs › | $25.49B | 0.42 | 0.48 | 0.65 | 0.72 |
| Xylem Inc. (XYL)vs › | $25.12B | 0.29 | 0.19 | 0.29 | 0.50 |
| ATI Inc. (ATI)vs › | $25.06B | 1.17 | 1.05 | 1.34 | 1.84 |
| Copart, Inc. (CPRT)vs › | $27.46B | 0.01 | 0.01 | 0.02 | 0.04 |
| Expeditors International of Washington, Inc. (EXPD)vs › | $24.73B | 0.27 | 0.25 | 0.22 | 0.20 |
| nVent Electric plc (NVT)vs › | $24.47B | 0.41 | 0.58 | 0.55 | 0.51 |
| Ingersoll Rand Inc. (IR)vs › | $28.43B | 0.47 | 0.48 | 0.39 | 0.40 |
| Symbotic Inc. (SYM)vs › | $28.63B | 0.00 | 0.07 | 0.04 | 0.02 |
| Hubbell Incorporated (HUBB)vs › | $23.42B | 1.37 | 0.60 | 0.67 | 0.70 |
Debt/Equity
-1.54
Current Ratio
0.83
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 | -1.54 |
| 2026-03-31 | -1.45 |
| 2025-12-31 | -1.62 |
| 2025-09-30 | -1.57 |
| 2025-06-30 | -1.51 |
| 2025-03-31 | -1.70 |
| 2024-12-31 | -1.80 |
| 2024-09-30 | -1.54 |
| 2024-06-30 | -1.48 |
| 2024-03-31 | -1.43 |
| 2023-12-31 | -1.48 |
| 2023-09-30 | -1.61 |
| 2023-06-30 | -1.48 |
| 2023-03-31 | -1.46 |
| 2022-12-31 | -1.48 |
| 2022-09-30 | -1.40 |
| 2022-06-30 | -1.41 |
| 2022-03-31 | -1.42 |
| 2021-12-31 | -2.15 |
| 2021-09-30 | -1.52 |
| 2021-06-30 | -1.60 |
| 2021-03-31 | -1.58 |
| 2020-12-31 | -1.68 |
| 2020-09-30 | -1.60 |
| 2020-06-30 | -1.57 |
| 2020-03-31 | -1.39 |
| 2019-12-31 | 0.33 |
| 2019-09-30 | 0.00 |
| 2019-06-30 | 0.00 |
| 2019-03-31 | 0.00 |