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| Date | Value |
|---|---|
| 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 |