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| 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 |