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

Dell Technologies (DELL) reported Debt to Equity of -$12.75 for Q1 2026, up 27.99% on a YoY basis from -$9.96 in Q1 2025, and down 6.96% quarter-over-quarter from -$11.92 in Q4 2025.

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

Dell Technologies has reported Debt to Equity for 11 years, with the latest figure at -$12.75 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity rose 27.99% year-over-year to -$12.75; the trailing twelve-month figure through Jan 2026 stood at -$12.75 (up 27.99% YoY), and the FY2026 full-year result was -$12.75, up 27.99% from the prior year.
  • Debt to Equity for Q1 2026 stood at -$12.75, down from -$11.92 in the prior quarter.
  • The five-year high for Debt to Equity was -$6.32 in Q4 2022, with the low at -$17.71 in Q1 2025.
  • Historically, Debt to Equity has averaged -$10.89 across 5 years, with a median of -$10.14 in 2023.
  • Annual changes were most pronounced in 2022 — Debt to Equity tumbled 428.52% — and 2023, when it soared 42.66%.
  • Dell Technologies' Debt to Equity stood at -$6.32 in 2022, then slumped by 58.18% to -$9.99 in 2023, then dropped by 9.6% to -$10.95 in 2024, then declined by 8.9% to -$11.92 in 2025, then fell by 6.96% to -$12.75 in 2026.
  • The last three Debt to Equity figures came in at -$12.75 (Q1 2026), -$11.92 (Q4 2025), and -$10.37 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Dell Technologies 266.21 Bn 254.69 Bn 6.73 Bn -12.75
2 Sandisk 230.78 Bn 227.04 Bn 4.66 Bn -
3 Arista Networks 194.03 Bn 181.67 Bn 1.68 Bn -
4 Seagate Technology Holdings 183.90 Bn 182.75 Bn 1.45 Bn 3.53
5 Western Digital 175.01 Bn 171.77 Bn 1.68 Bn 0.16
6 Super Micro Computer 24.90 Bn 23.61 Bn 1.02 Bn 0.00
7 Everpure 23.71 Bn 22.70 Bn 740.09 Mn -
8 Hp 23.64 Bn 19.93 Bn 3.02 Bn -67.13
9 IonQ 20.37 Bn 18.35 Bn 15.41 Mn -
10 Logitech International 16.58 Bn 14.83 Bn 483.28 Mn -

Historic Data

Download Data
DateValue
Jan 30, 2026 -12.75
Oct 31, 2025 -11.92
Aug 1, 2025 -10.37
May 2, 2025 -9.52
Jan 31, 2025 -17.71
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 -8.06
Feb 3, 2023 -9.78
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
Apr 30, 2021 5.44