Harmonic (HLIT) Debt Ratio (2016 - 2026)
Harmonic's (HLIT) Debt Ratio was 0.17 for Q2 2026, up 15.2% from 0.15 a year earlier and up 10.7% from the prior quarter.
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Analysis
Harmonic (HLIT) Debt Ratio (2016 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Harmonic was 0.16, up 4.2% from FY2024.
- By year, Debt Ratio came in at 0.15 in FY2024 (-11.8%), 0.17 in FY2023 (-7.3%), 0.18 in FY2022 (+131.6%) and 0.08 in FY2021 (+39.0%).
- The Q2 2026 figure ranks as the highest quarterly Debt Ratio since Q3 2023.
- Year over year, Debt Ratio has now increased in each of the last three quarters, with an average decline of 3.3% over the last eight quarters.
- The high point for year-over-year Debt Ratio in five years was Q3 2023 (growth of 170.3%); the low point was Q1 2022 (a decline of 15.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.16 (Q1 2026), 0.16 (Q4 2025) and 0.16 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,812.19 Bn | 4,559.68 Bn | 54.77 Bn | 0.22 |
| 2 | Cisco Systems | 421.99 Bn | 357.91 Bn | 11.06 Bn | 0.23 |
| 3 | Dell Technologies | 345.43 Bn | 301.18 Bn | 9.83 Bn | 0.27 |
| 4 | Arista Networks | 255.77 Bn | 209.23 Bn | 1.91 Bn | - |
| 5 | Sandisk | 252.54 Bn | 241.07 Bn | 7.58 Bn | - |
| 6 | Seagate Technology Holdings | 207.16 Bn | 202.15 Bn | 1.90 Bn | 0.36 |
| 7 | Western Digital | 163.71 Bn | 151.83 Bn | 2.03 Bn | 0.08 |
| 8 | Sony | 143.72 Bn | 94.11 Bn | 6.53 Bn | 0.08 |
| 9 | Lumentum Holdings | 86.25 Bn | 78.06 Bn | 477.30 Mn | 0.22 |
| 10 | Harmonic | 1.15 Bn | 557.86 Mn | 69.89 Mn | 0.17 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 0.17 |
| Apr 3, 2026 | 0.16 |
| Dec 31, 2025 | 0.16 |
| Sep 26, 2025 | 0.16 |
| Jun 27, 2025 | 0.15 |
| Mar 28, 2025 | 0.15 |
| Dec 31, 2024 | 0.15 |
| Sep 27, 2024 | 0.16 |
| Jun 28, 2024 | 0.17 |
| Mar 29, 2024 | 0.17 |
| Dec 31, 2023 | 0.17 |
| Sep 29, 2023 | 0.18 |
| Jun 30, 2023 | 0.18 |
| Mar 31, 2023 | 0.18 |
| Dec 31, 2022 | 0.18 |
| Sep 30, 2022 | 0.07 |
| Jul 1, 2022 | 0.07 |
| Apr 1, 2022 | 0.07 |
| Dec 31, 2021 | 0.08 |
| Oct 1, 2021 | 0.08 |
API Access
Harmonic 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=HLIT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "HLIT", "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=HLIT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();