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

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

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

Illumina (ILMN) has reported Debt to Equity for 17 consecutive years, with $0.56 the latest figure, recorded in Q1 2026.

  • Debt to Equity for Q1 2026 came in at $0.56, down 11.57% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.56 (down 11.57% YoY), and the FY2025 annual result was $0.55, down 12.85% from the prior year.
  • Debt to Equity was $0.56 for Q1 2026 at Illumina, up from $0.55 in the prior quarter.
  • Over five years, Debt to Equity peaked at $1.04 in Q2 2024 and troughed at $0.09 in Q2 2022.
  • Average Debt to Equity over 5 years is $0.43, with a median of $0.34 recorded in 2023.
  • Year-over-year, Debt to Equity plunged 69.66% in 2022 and surged 270.57% in 2024.
  • Over 5 years, 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 dropped by 12.85% to $0.55 in 2025, then increased by 1.76% to $0.56 in 2026.
  • Per Business Quant data, the three most recent Debt to Equity figures were $0.56 in Q1 2026, $0.55 in Q4 2025, and $0.42 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 0.32
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 0.83
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 0.35
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 0.53
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 0.01
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn -1.50
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 2.49
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 0.56
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn -53.21
10 Quest Diagnostics 23.76 Bn 23.67 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