Dell Technologies (DELL) Debt to Equity (2016 - 2026)

Dell Technologies (DELL) posted Debt to Equity of -$22.19 for Q2 2026, down 74.02% quarter-over-quarter from -$12.75 in Q1 2026, and down 133.2% year-on-year from $66.86 in Q2 2025.

Dell Technologies (DELL) Debt to Equity (2016 - 2026) Analysis & Trends

Dell Technologies (DELL) has reported Debt to Equity for 11 consecutive years, with -$22.19 the latest figure, recorded in Q2 2026.

  • Debt to Equity for Q2 2026 came in at -$22.19, down 133.2% year-over-year; the trailing twelve-month figure through May 2026 was -$22.19 (down 133.2% YoY), and the FY2026 annual result was -$12.75, up 23.06% from the prior year.
  • Debt to Equity was -$22.19 for Q2 2026 at Dell Technologies, down from -$12.75 in the prior quarter.
  • Over five years, Debt to Equity peaked at -$6.32 in Q4 2022 and troughed at -$22.19 in Q2 2026.
  • Average Debt to Equity over 5 years is -$11.53, with a median of -$10.15 recorded in 2023.
  • Year-over-year, Debt to Equity sank 428.52% in 2022 and soared 44.45% in 2023.
  • Over 5 years, Debt to Equity stood at -$6.32 in 2022, then sank by 58.18% to -$9.99 in 2023, then retreated by 9.6% to -$10.95 in 2024, then decreased by 8.9% to -$11.92 in 2025, then tumbled by 86.12% to -$22.19 in 2026.
  • Per Business Quant data, the three most recent Debt to Equity figures were -$22.19 in Q2 2026, -$12.75 in Q1 2026, and -$11.92 in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Sandisk 300.77 Bn 297.03 Bn 4.66 Bn -
2 Dell Technologies 276.28 Bn 264.70 Bn 7.78 Bn -22.19
3 Arista Networks 209.63 Bn 197.28 Bn 1.68 Bn -
4 Western Digital 204.64 Bn 201.41 Bn 1.68 Bn 0.16
5 Seagate Technology Holdings 202.26 Bn 201.11 Bn 1.45 Bn 3.53
6 Everpure 25.55 Bn 24.23 Bn 723.33 Mn -
7 Hp 20.30 Bn 16.60 Bn 3.02 Bn -67.13
8 Super Micro Computer 16.60 Bn 15.31 Bn 1.02 Bn 0.00
9 Logitech International 13.89 Bn 12.15 Bn 483.28 Mn -
10 D-Wave Quantum 8.64 Bn 8.64 Bn 1.82 Mn 0.03

Historic Data

Download Data
DateValue
May 1, 2026 -22.19
Jan 30, 2026 -12.75
Oct 31, 2025 -11.92
Aug 1, 2025 -10.37
May 2, 2025 -9.52
Jan 31, 2025 -16.58
Nov 1, 2024 -10.95
Aug 2, 2024 -9.65
May 3, 2024 -10.16
Feb 2, 2024 -11.67
Nov 3, 2023 -9.99
Aug 4, 2023 -10.14
May 5, 2023 -9.72
Feb 3, 2023 -9.48
Oct 28, 2022 -6.32
Jul 29, 2022 -9.78
Apr 29, 2022 -9.26
Jan 28, 2022 -17.06
Oct 29, 2021 3.38
Jul 30, 2021 4.38