Illumina (ILMN) Debt to Equity (2010 - 2026)

Illumina (ILMN) reported Debt to Equity of $0.56 for Q1 2026, down 11.57% on a YoY basis from $0.63 in Q1 2025, and up 1.76% quarter-over-quarter from $0.55 in Q4 2025.

Illumina (ILMN) Debt to Equity (2010 - 2026) Analysis & Trends

Illumina has reported Debt to Equity for 17 years, with the latest figure at $0.56 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity fell 11.57% year-over-year to $0.56; the trailing twelve-month figure through Mar 2026 stood at $0.56 (down 11.57% YoY), and the FY2025 full-year result was $0.55, down 12.85% from the prior year.
  • Debt to Equity for Q1 2026 stood at $0.56, up from $0.55 in the prior quarter.
  • The five-year high for Debt to Equity was $1.04 in Q2 2024, with the low at $0.09 in Q2 2022.
  • Historically, Debt to Equity has averaged $0.43 across 5 years, with a median of $0.34 in 2023.
  • Annual changes were most pronounced in 2022 — Debt to Equity slumped 69.66% — and 2024, when it soared 270.57%.
  • Illumina's Debt to Equity stood at $0.18 in 2022, then surged by 40.46% to $0.26 in 2023, then jumped by 142.26% to $0.63 in 2024, then retreated by 12.85% to $0.55 in 2025, then advanced by 1.76% to $0.56 in 2026.
  • The last three Debt to Equity figures came in at $0.56 (Q1 2026), $0.55 (Q4 2025), and $0.42 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Waters 30,529.42 Bn 30,528.96 Bn 1.11 Bn 0.32
2 Thermo Fisher Scientific 183.75 Bn 180.50 Bn 7.74 Bn 0.83
3 Danaher 133.13 Bn 127.43 Bn 3.59 Bn 0.35
4 Idexx Laboratories 46.14 Bn 45.94 Bn 722.74 Mn 0.53
5 Agilent Technologies 38.20 Bn 36.39 Bn 990.00 Mn -1.50
6 Natera 31.50 Bn 30.40 Bn 696.04 Mn 0.01
7 Iqvia Holdings 31.34 Bn 29.36 Bn 1.36 Bn 2.49
8 Illumina 24.51 Bn 23.36 Bn 721.00 Mn 0.56
9 Mettler Toledo International 23.53 Bn 23.47 Bn 555.82 Mn -53.21
10 Quest Diagnostics 22.51 Bn 22.42 Bn 942.00 Mn 0.74

Historic Data

Download Data
DateValue
Mar 29, 2026 0.56
Dec 28, 2025 0.55
Sep 28, 2025 0.42
Jun 29, 2025 0.66
Mar 30, 2025 0.63
Dec 29, 2024 0.63
Sep 29, 2024 0.94
Jun 30, 2024 1.04
Mar 31, 2024 0.26
Dec 31, 2023 0.26
Oct 1, 2023 0.25
Jul 2, 2023 0.34
Apr 2, 2023 0.33
Jan 1, 2023 0.34
Oct 2, 2022 0.18
Jul 3, 2022 0.12
Apr 3, 2022 0.09
Jan 2, 2022 0.09
Oct 3, 2021 0.09
Jul 4, 2021 0.19