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Debt to Equity Over Time
Trending higher, below historical average, slight contraction.
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Debt-to-equity ratio

Latest
0.24
↓ 36% below average
Average (9y)
0.37
Historical baseline
Range
High:0.57
Low:0.21
CAGR
-8.8%
Structural decline
PeriodValueChange
20240.24+13.1%
20230.21-26.1%
20220.29-14.2%
20210.33-31.4%
20200.48+41.0%
20190.34+0.7%
20180.34-10.2%
20170.38-33.4%
20160.57+4.7%
20150.55-