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 0.63 is in line with its 5-year average of 0.65, around the middle of its 5-year range (0.41–0.75).
As of the fiscal period ended Tuesday, March 31, 2026. 2.82% below its 12-month average of 0.65.
Reported quarterly debt to equity ratio; no daily interpolation.
DEBT TO EQUITY RATIO
0.63
DEBT TO EQUITY RATIO AVG TTM
0.65
DEBT TO EQUITY RATIO AVG 3Y
0.68
DEBT TO EQUITY RATIO AVG 5Y
0.69
DEBT TO EQUITY RATIO AVG 10Y
0.69
DEBT TO EQUITY RATIO AVG 15Y
N/A
DEBT TO EQUITY RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-2.82%
CURRENT VS 3Y AVG
-7.89%
CURRENT VS 5Y AVG
-8.41%
CURRENT VS 10Y AVG
-8.41%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · REAL ESTATE
0.86
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-26.98%
vs the sector median at left
VICI Properties Inc.
Market Cap
$28.58B
Debt to Equity Ratio
0.63
TTM Avg
0.65
3Y Avg
0.68
5Y Avg
0.69
Market Cap
$26.94B
Debt to Equity Ratio
0.80
TTM Avg
0.74
3Y Avg
0.73
5Y Avg
0.73
Market Cap
$31.21B
Debt to Equity Ratio
1.11
TTM Avg
1.02
3Y Avg
1.28
5Y Avg
1.58
Market Cap
$25.44B
Debt to Equity Ratio
0.80
TTM Avg
0.78
3Y Avg
0.73
5Y Avg
0.76
Market Cap
$32.73B
Debt to Equity Ratio
-18.08
TTM Avg
4.13
3Y Avg
3.56
5Y Avg
2.99
Market Cap
$38.18B
Debt to Equity Ratio
-19.42
TTM Avg
45.37
3Y Avg
28.52
5Y Avg
20.95
Market Cap
$18.86B
Debt to Equity Ratio
1.25
TTM Avg
1.23
3Y Avg
1.17
5Y Avg
1.13
Market Cap
$18.41B
Debt to Equity Ratio
-3.16
TTM Avg
12.33
3Y Avg
11.19
5Y Avg
8.52
Market Cap
$17.69B
Debt to Equity Ratio
0.88
TTM Avg
0.86
3Y Avg
0.83
5Y Avg
0.84
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| VICI Properties Inc. (VICI) | $28.58B | 0.63 | 0.65 | 0.68 | 0.69 |
| AvalonBay Communities, Inc. (AVB)vs › | $26.94B | 0.80 | 0.74 | 0.73 | 0.73 |
| Extra Space Storage Inc. (EXR)vs › | $31.21B | 1.11 | 1.02 | 1.28 | 1.58 |
| Equity Residential (EQR)vs › | $25.44B | 0.80 | 0.78 | 0.73 | 0.76 |
| Crown Castle Inc. (CCI)vs › | $32.73B | -18.08 | 4.13 | 3.56 | 2.99 |
| Iron Mountain Incorporated (IRM)vs › | $38.18B | -19.42 | 45.37 | 28.52 | 20.95 |
| Essex Property Trust, Inc. (ESS)vs › | $18.86B | 1.25 | 1.23 | 1.17 | 1.13 |
| SBA Communications Corporation (SBAC)vs › | $18.41B | -3.16 | 12.33 | 11.19 | 8.52 |
| Invitation Homes Inc. (INVH)vs › | $17.69B | 0.88 | 0.86 | 0.83 | 0.84 |
| Kimco Realty Corporation (KIM)vs › | $17.60B | 0.83 | 0.82 | 0.80 | 0.83 |
Debt/Equity
0.63
Current Ratio
26.68
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 |
|---|---|
| 2026-03-31 | 0.63 |
| 2025-12-31 | 0.64 |
| 2025-09-30 | 0.64 |
| 2025-06-30 | 0.66 |
| 2025-03-31 | 0.67 |
| 2024-12-31 | 0.67 |
| 2024-09-30 | 0.68 |
| 2024-06-30 | 0.69 |
| 2024-03-31 | 0.69 |
| 2023-12-31 | 0.70 |
| 2023-09-30 | 0.73 |
| 2023-06-30 | 0.74 |
| 2023-03-31 | 0.75 |
| 2022-12-31 | 0.66 |
| 2022-09-30 | 0.67 |
| 2022-06-30 | 0.67 |
| 2022-03-31 | 0.42 |
| 2021-12-31 | 0.41 |
| 2021-09-30 | 0.41 |
| 2021-06-30 | 0.73 |
| 2021-03-31 | 0.74 |
| 2020-12-31 | 0.75 |
| 2020-09-30 | 0.76 |
| 2020-06-30 | 0.75 |
| 2020-03-31 | 0.89 |
| 2019-12-31 | 0.60 |
| 2019-09-30 | 0.52 |
| 2019-06-30 | 0.52 |
| 2019-03-31 | 0.59 |
| 2018-12-31 | 0.60 |
| 2018-09-30 | 1.01 |
| 2018-06-30 | 1.02 |
| 2018-03-31 | 1.02 |
| 2017-12-31 | 1.08 |
| 2017-09-30 | 0.00 |
| 2017-06-30 | 0.00 |
| 2017-03-31 | 0.00 |
| 2016-12-31 | 0.00 |
| 2016-09-30 | 0.00 |
| 2016-06-30 | 0.00 |
| 2016-03-31 | 0.00 |
