Dell Technologies (DELL) Debt Ratio (2016 - 2026)
Dell Technologies' (DELL) Debt Ratio was 0.27 for fiscal Q2 2027 (quarter ended Jul 31, 2026), down 15.9% from 0.32 a year earlier and down 0.2% from the prior quarter.
Powered by 
Analysis
Dell Technologies (DELL) Debt Ratio (2016 - 2026) Analysis & Trends
For FY2026 (ended Jan 30, 2026), Debt Ratio at Dell Technologies was 0.31, up 1.0% from FY2025.
- By fiscal year, Debt Ratio came in at 0.31 in FY2025 (-2.7%), 0.32 in FY2024 (-4.1%), 0.33 in FY2023 (+13.6%) and 0.29 in FY2022 (-8.5%).
- The fiscal Q2 2027 figure ranks as the lowest quarterly Debt Ratio in data going back to fiscal Q4 2016.
- Year over year, Debt Ratio gained in four of the last eight quarters, with an average decline of 1.3%.
- The high point for year-over-year Debt Ratio in five years was fiscal Q3 2026 (growth of 17.0%); the low point was fiscal Q1 2023 (a decline of 20.0%).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at 0.27 (Q1 2027), 0.31 (Q4 2026) and 0.36 (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,874.86 Bn | 4,622.35 Bn | 54.77 Bn | 0.22 |
| 2 | Cisco Systems | 442.74 Bn | 378.67 Bn | 11.06 Bn | 0.23 |
| 3 | Dell Technologies | 360.03 Bn | 315.78 Bn | 9.83 Bn | 0.27 |
| 4 | Arista Networks | 261.51 Bn | 214.96 Bn | 1.91 Bn | - |
| 5 | Sandisk | 251.12 Bn | 239.64 Bn | 7.58 Bn | - |
| 6 | Seagate Technology Holdings | 192.54 Bn | 187.54 Bn | 1.90 Bn | 0.36 |
| 7 | Western Digital | 149.92 Bn | 138.05 Bn | 2.03 Bn | 0.08 |
| 8 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn | 0.08 |
| 9 | Lumentum Holdings | 96.17 Bn | 87.98 Bn | 477.30 Mn | 0.22 |
| 10 | Hewlett Packard Enterprise | 92.09 Bn | 69.97 Bn | 4.93 Bn | 0.24 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 0.27 |
| May 1, 2026 | 0.27 |
| Jan 30, 2026 | 0.31 |
| Oct 31, 2025 | 0.36 |
| Aug 1, 2025 | 0.32 |
| May 2, 2025 | 0.33 |
| Jan 31, 2025 | 0.31 |
| Nov 1, 2024 | 0.31 |
| Aug 2, 2024 | 0.30 |
| May 3, 2024 | 0.32 |
| Feb 2, 2024 | 0.32 |
| Nov 3, 2023 | 0.32 |
| Aug 4, 2023 | 0.32 |
| May 5, 2023 | 0.34 |
| Feb 3, 2023 | 0.33 |
| Oct 28, 2022 | 0.32 |
| Jul 29, 2022 | 0.30 |
| Apr 29, 2022 | 0.31 |
| Jan 28, 2022 | 0.29 |
| Oct 29, 2021 | 0.35 |
API Access
Dell Technologies 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=DELL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "DELL", "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=DELL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();