Walgreens Boots Alliance, Inc. (WBA) Debt to Equity Ratio: 3.23
Is Walgreens Boots Alliance, Inc.’s debt to equity ratio high or low?
Walgreens Boots Alliance, Inc.'s debt to equity ratio of 3.23 is 92% above its 5-year average of 1.68, near the high end of its 5-year range (0.70–3.23).
As of Wednesday, June 17, 2026. 31.84% above its 12-month average of 2.45.
WBA Debt to Equity Ratio Chart
WBA Average Debt to Equity Ratio Chart
WBA Current vs Average Debt to Equity Ratio Chart
WBA Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
3.23
DEBT TO EQUITY RATIO AVG TTM
2.45
DEBT TO EQUITY RATIO AVG 3Y
1.88
DEBT TO EQUITY RATIO AVG 5Y
1.68
DEBT TO EQUITY RATIO AVG 10Y
1.13
DEBT TO EQUITY RATIO AVG 15Y
0.68
DEBT TO EQUITY RATIO AVG 20Y
0.38
CURRENT VS TTM AVG
+31.84%
CURRENT VS 3Y AVG
+72.04%
CURRENT VS 5Y AVG
+91.69%
CURRENT VS 10Y AVG
+186.07%
CURRENT VS 15Y AVG
+373.14%
CURRENT VS 20Y AVG
+747.52%
WBA Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Walgreens Boots Alliance, Inc. (WBA) | $10.37B | 3.23 | 2.45 | 1.88 | 1.68 |
| Baxter International Inc. (BAX)vs › | $10.19B | 1.63 | 1.78 | 2.05 | 1.83 |
| Revvity, Inc. (RVTY)vs › | $10.91B | 0.48 | 0.45 | 0.51 | 0.56 |
| Charles River Laboratories International, Inc. (CRL)vs › | $8.78B | 0.97 | 0.88 | 0.91 | 0.99 |
| Tempus AI, Inc. (TEM)vs › | $8.51B | 2.70 | 5.51 | 5.51 | 5.51 |
| Align Technology, Inc. (ALGN)vs › | $12.43B | 0.03 | 0.03 | 0.03 | 0.03 |
| The Cooper Companies, Inc. (COO)vs › | $12.69B | 0.34 | 0.33 | 0.35 | 0.36 |
| Solventum Corporation (SOLV)vs › | $12.91B | 1.00 | 1.85 | 1.11 | 0.74 |
| Bio-Rad Laboratories, Inc. (BIO)vs › | $7.70B | 0.21 | 0.21 | 0.18 | 0.13 |
| Medpace Holdings, Inc. (MEDP)vs › | $13.05B | 0.55 | 0.36 | 0.37 | 0.29 |
Financial Health
Debt/Equity
3.23
Current Ratio
0.68
Walgreens Boots Alliance, Inc. Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Walgreens Boots Alliance, Inc. Debt to Equity Ratio FAQ
- What is the debt to equity ratio for Walgreens Boots Alliance, Inc. (WBA)?
- The debt to equity ratio for WBA stock is 3.23.
- Is Walgreens Boots Alliance, Inc.'s debt to equity ratio high or low?
- Walgreens Boots Alliance, Inc.'s debt to equity ratio of 3.23 is 92% above its 5-year average of 1.68, near the high end of its 5-year range (0.70–3.23).
- What is the TTM average debt to equity ratio for Walgreens Boots Alliance, Inc. (WBA)?
- The TTM average debt to equity ratio for WBA stock is 2.45.
- What is the 3Y average debt to equity ratio for Walgreens Boots Alliance, Inc. (WBA)?
- The 3Y average debt to equity ratio for WBA stock is 1.88.
- What is the 5Y average debt to equity ratio for Walgreens Boots Alliance, Inc. (WBA)?
- The 5Y average debt to equity ratio for WBA stock is 1.68.
- What is the 10Y average debt to equity ratio for Walgreens Boots Alliance, Inc. (WBA)?
- The 10Y average debt to equity ratio for WBA stock is 1.13.
- What is the 15Y average debt to equity ratio for Walgreens Boots Alliance, Inc. (WBA)?
- The 15Y average debt to equity ratio for WBA stock is 0.68.
- What is the 20Y average debt to equity ratio for Walgreens Boots Alliance, Inc. (WBA)?
- The 20Y average debt to equity ratio for WBA stock is 0.38.
Walgreens Boots Alliance, Inc. Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2024-08-31 | 3.23 |
| 2023-08-31 | 1.67 |
| 2022-08-31 | 1.21 |
| 2021-08-31 | 1.40 |
| 2020-08-31 | 1.90 |
| 2019-08-31 | 0.70 |
| 2018-08-31 | 0.54 |
| 2017-08-31 | 0.46 |
| 2016-08-31 | 0.63 |
| 2015-08-31 | 0.46 |
| 2014-08-31 | 0.22 |
| 2013-08-31 | 0.26 |
| 2012-08-31 | 0.30 |
| 2011-08-31 | 0.16 |
| 2010-08-31 | 0.17 |
| 2009-08-31 | 0.16 |
| 2008-08-31 | 0.11 |
| 2007-08-31 | 0.08 |
| 2006-08-31 | 0.00 |
| 2005-08-31 | 0.00 |
| 2004-08-31 | 0.00 |
| 2003-08-31 | 0.00 |
| 2002-08-31 | 0.00 |
| 2001-08-31 | 0.08 |
| 2000-08-31 | 0.00 |
| 1999-08-31 | 0.00 |
| 1998-08-31 | 0.00 |
| 1997-08-31 | 0.00 |
| 1996-08-31 | 0.00 |
| 1995-08-31 | 0.00 |
Related Metrics
About Walgreens Boots Alliance, Inc.
Walgreens Boots Alliance, Inc., established in 1901 and based in Deerfield, Illinois, operates as a leading global retailer focused on pharmacy, health, and beauty products. Its business activities are organized into two primary divisions: the United States and International. In the United States, the company dispenses prescription drugs and offers a diverse selection of retail goods. This includes items for health, wellness, beauty, and personal care, alongside general merchandise and consumable products, all available through its extensive network of retail drugstores. The U.S. segment also provides specialized central pharmacy services and mail delivery options for prescriptions. As of August 31, 2021, this division managed 8,965 retail outlets under the Walgreens and Duane Reade banners, complemented by five specialty pharmacies. The International segment focuses on the sale of prescription medications, health and wellness items, beauty products, personal care essentials, and other consumer goods. These are sold through its pharmacy-centric health and beauty retail locations, optical practices, its online platform boots.com, and an integrated mobile application. Additionally, this segment engages in pharmaceutical wholesale and distribution operations within Germany. By August 31, 2021, the international portfolio included 4,031 retail stores operating under brands such as Boots, Benavides, and Ahumada, located across countries including the United Kingdom, Thailand, Norway, the Republic of Ireland, the Netherlands, Mexico, and Chile. It also oversaw 548 optical practices, with 160 of these operating as franchises.
- Sector
- Healthcare
- Industry
- Medical - Pharmaceuticals
- CEO
- Timothy C. Wentworth