Avantor (AVTR) Debt Ratio (2018 - 2026)
Avantor's Debt Ratio came in at 0.32 for Q3 2026, down 4.1% from 0.33 a year earlier and down 0.7% from the prior quarter.
Analysis
Avantor (AVTR) Debt Ratio (2018 - 2026) Analysis & Trends
For FY2025, Avantor's Debt Ratio was 0.33, down 0.1% from FY2024.
- Debt Ratio has declined in each of the last four years.
- Going back by year, Debt Ratio was 0.33 in FY2024 (-21.6%), 0.43 in FY2023 (-8.6%), 0.47 in FY2022 (-7.6%) and 0.51 in FY2021 (+2.3%).
- The Q3 2026 figure represents the lowest quarterly Debt Ratio in data going back to Q4 2018.
- Year-over-year, Debt Ratio has declined for 16 consecutive quarters, with an average decline of 10.4% over the last eight quarters.
- The fastest year-over-year change in Debt Ratio over five years came in Q1 2022 (growth of 4.2%), and the weakest in Q4 2024 (a decline of 21.6%).
- Business Quant data shows AVTR's Debt Ratio at 0.32 (Q2 2026), 0.33 (Q1 2026) and 0.33 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 70.03 Bn | 69.15 Bn | 2.05 Bn | 0.45 |
| 2 | W.W. Grainger | 68.13 Bn | 65.49 Bn | 2.01 Bn | 0.27 |
| 3 | Fastenal | 62.04 Bn | 61.04 Bn | 1.10 Bn | 0.02 |
| 4 | Ferguson Enterprises | 49.55 Bn | 46.77 Bn | 2.32 Bn | 0.23 |
| 5 | Sunbelt Rentals Holdings | 33.45 Bn | 33.33 Bn | 1.25 Bn | 0.36 |
| 6 | Reliance | 21.95 Bn | 21.01 Bn | 1.45 Bn | 0.14 |
| 7 | Wesco International | 15.78 Bn | 12.83 Bn | 1.57 Bn | 0.32 |
| 8 | Watsco | 11.75 Bn | 9.43 Bn | 578.93 Mn | 0.02 |
| 9 | Applied Industrial Technologies | 10.98 Bn | 10.87 Bn | 392.21 Mn | 0.09 |
| 10 | Avantor | 10.60 Bn | 9.18 Bn | 534.80 Mn | 0.32 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.32 |
| Jun 30, 2026 | 0.32 |
| Mar 31, 2026 | 0.33 |
| Dec 31, 2025 | 0.33 |
| Sep 30, 2025 | 0.33 |
| Jun 30, 2025 | 0.33 |
| Mar 31, 2025 | 0.33 |
| Dec 31, 2024 | 0.33 |
| Sep 30, 2024 | 0.38 |
| Jun 30, 2024 | 0.40 |
| Mar 31, 2024 | 0.42 |
| Dec 31, 2023 | 0.43 |
| Sep 30, 2023 | 0.44 |
| Jun 30, 2023 | 0.45 |
| Mar 31, 2023 | 0.45 |
| Dec 31, 2022 | 0.47 |
| Sep 30, 2022 | 0.47 |
| Jun 30, 2022 | 0.49 |
| Mar 31, 2022 | 0.50 |
| Dec 31, 2021 | 0.51 |
API Access
Avantor Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=AVTR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "AVTR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=AVTR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();