Illumina (ILMN) Debt Ratio (2010 - 2026)
Illumina's (ILMN) Debt Ratio was 0.30 for Q2 2026, down 8.5% from 0.33 a year earlier and down 1.3% from the prior quarter.
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Analysis
Illumina (ILMN) Debt Ratio (2010 - 2026) Analysis & Trends
Dating back to Q1 2012, Illumina's Debt Ratio record includes 40 quarters.
- By year, Debt Ratio came in at 0.32 in FY2024 (+114.3%), 0.15 in FY2023 (-34.0%), 0.22 in FY2022 and 0.07 in FY2021.
- Five-year quarterly Debt Ratio spans a low of 0.15 in Q3 2023 and a high of 0.37 in Q2 2024.
- Year over year, Debt Ratio has now declined in each of the last five quarters, with growth averaging 40.4% over the last eight quarters.
- The high point for year-over-year Debt Ratio in five years was Q3 2024 (growth of 124.7%); the low point was Q4 2023 (a decline of 34.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.30 (Q1 2026), 0.30 (Q4 2025) and 0.32 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 243.20 Bn | 222.35 Bn | 4.88 Bn | 0.38 |
| 2 | Abbott Laboratories | 172.35 Bn | 143.43 Bn | 7.27 Bn | 0.30 |
| 3 | Danaher | 154.53 Bn | 138.35 Bn | 3.61 Bn | 0.29 |
| 4 | Intuitive Surgical | 150.04 Bn | 129.59 Bn | 1.96 Bn | - |
| 5 | Medtronic | 113.25 Bn | 79.11 Bn | 6.34 Bn | 0.30 |
| 6 | Stryker | 106.37 Bn | 92.49 Bn | 4.50 Bn | 0.31 |
| 7 | Boston Scientific | 61.94 Bn | 56.95 Bn | 3.85 Bn | 0.28 |
| 8 | Becton Dickinson | 50.05 Bn | 47.20 Bn | 2.32 Bn | 0.33 |
| 9 | Edwards Lifesciences | 49.13 Bn | 33.24 Bn | 1.35 Bn | 0.04 |
| 10 | Illumina | 42.00 Bn | 36.77 Bn | 770.00 Mn | 0.30 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 0.30 |
| Mar 29, 2026 | 0.30 |
| Dec 28, 2025 | 0.30 |
| Sep 28, 2025 | 0.32 |
| Jun 29, 2025 | 0.33 |
| Mar 30, 2025 | 0.32 |
| Dec 29, 2024 | 0.32 |
| Sep 29, 2024 | 0.33 |
| Jun 30, 2024 | 0.37 |
| Mar 31, 2024 | 0.15 |
| Dec 31, 2023 | 0.15 |
| Oct 1, 2023 | 0.15 |
| Jul 2, 2023 | 0.19 |
| Apr 2, 2023 | 0.19 |
| Jan 1, 2023 | 0.22 |
| Oct 2, 2022 | 0.15 |
| Jul 3, 2022 | 0.11 |
| Apr 3, 2022 | 0.07 |
| Jan 2, 2022 | 0.07 |
| Oct 3, 2021 | 0.07 |
API Access
Illumina 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=ILMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "ILMN", "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=ILMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();