General Electric Debt-to-Equity Ratio Growth & History (GE)
General Electric's debt-to-equity ratio was 1.15 for fiscal 2025.
View full General Electric company overviewGeneral Electric annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.15 | 0.10 | +9.46% |
| 2024 | 2024-12-31 | 1.05 | 0.26 | +32.76% |
| 2023 | 2023-12-31 | 0.79 | 0.02 | +2.35% |
| 2022 | 2022-12-31 | 0.78 | −0.17 | −17.76% |
| 2021 | 2021-12-31 | 0.94 | −1.25 | −57.05% |
| 2020 | 2020-12-31 | 2.20 | −1.12 | −33.86% |
| 2019 | 2019-12-31 | 3.32 | −0.02 | −0.68% |
| 2018 | 2018-12-31 | 3.34 | 0.94 | +39.21% |
| 2017 | 2017-12-31 | 2.40 | 0.46 | +23.73% |
| 2016 | 2016-12-31 | 1.94 | −0.07 | −3.45% |
| 2015 | 2015-12-31 | 2.01 | −0.03 | −1.43% |
| 2014 | 2014-12-31 | 2.04 | −0.25 | −11.09% |
| 2013 | 2013-12-31 | 2.29 | −0.45 | −16.36% |
| 2012 | 2012-12-31 | 2.74 | −0.53 | −16.18% |
| 2011 | 2011-12-31 | 3.27 | −0.19 | −5.36% |
| 2010 | 2010-12-31 | 3.46 | −0.52 | −12.97% |
| 2009 | 2009-12-31 | 3.97 | −0.68 | −14.59% |
| 2008 | 2008-12-31 | 4.65 | — | — |
General Electric quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.15 | 0.10 | +9.74% |
| Q1 2026 | 2026-03-31 | 1.18 | 0.10 | +9.73% |
| Q4 2025 | 2025-12-31 | 1.15 | 0.10 | +9.46% |
| Q3 2025 | 2025-09-30 | 1.17 | 0.05 | +4.45% |
| Q2 2025 | 2025-06-30 | 1.04 | −0.07 | −6.68% |
| Q1 2025 | 2025-03-31 | 1.08 | 0.32 | +43.20% |
| Q4 2024 | 2024-12-31 | 1.05 | 0.26 | +32.76% |
| Q3 2024 | 2024-09-30 | 1.12 | 0.32 | +40.33% |
| Q2 2024 | 2024-06-30 | 1.12 | 0.35 | +46.29% |
| Q1 2024 | 2024-03-31 | 0.75 | −0.02 | −2.94% |
| Q4 2023 | 2023-12-31 | 0.79 | 0.02 | +2.35% |
| Q3 2023 | 2023-09-30 | 0.80 | −0.25 | −23.96% |
| Q2 2023 | 2023-06-30 | 0.77 | −0.25 | −24.52% |
| Q1 2023 | 2023-03-31 | 0.77 | −0.16 | −16.84% |
| Q4 2022 | 2022-12-31 | 0.78 | −0.17 | −17.76% |
| Q3 2022 | 2022-09-30 | 1.05 | −0.71 | −40.53% |
| Q2 2022 | 2022-06-30 | 1.01 | −0.97 | −48.99% |
| Q1 2022 | 2022-03-31 | 0.93 | −1.29 | −58.03% |
| Q4 2021 | 2021-12-31 | 0.94 | −1.25 | −57.05% |
| Q3 2021 | 2021-09-30 | 1.76 | −0.72 | −29.02% |
| Q2 2021 | 2021-06-30 | 1.99 | −0.53 | −21.06% |
| Q1 2021 | 2021-03-31 | 2.22 | −0.28 | −11.28% |
| Q4 2020 | 2020-12-31 | 2.20 | −1.12 | −33.86% |
| Q3 2020 | 2020-09-30 | 2.48 | −0.97 | −28.23% |
| Q2 2020 | 2020-06-30 | 2.52 | −0.55 | −17.89% |
| Q1 2020 | 2020-03-31 | 2.50 | −0.68 | −21.30% |
| Q4 2019 | 2019-12-31 | 3.32 | −0.02 | −0.68% |
| Q3 2019 | 2019-09-30 | 3.45 | −0.20 | −5.57% |
| Q2 2019 | 2019-06-30 | 3.07 | 0.97 | +46.14% |
| Q1 2019 | 2019-03-31 | 3.18 | 0.93 | +41.29% |
| Q4 2018 | 2018-12-31 | 3.34 | 0.94 | +39.21% |
| Q3 2018 | 2018-09-30 | 3.66 | 1.68 | +85.04% |
| Q2 2018 | 2018-06-30 | 2.10 | 0.10 | +5.20% |
| Q1 2018 | 2018-03-31 | 2.25 | 0.37 | +19.63% |
| Q4 2017 | 2017-12-31 | 2.40 | 0.46 | +23.73% |
| Q3 2017 | 2017-09-30 | 1.98 | 0.15 | +8.23% |
| Q2 2017 | 2017-06-30 | 1.99 | 0.15 | +8.38% |
| Q1 2017 | 2017-03-31 | 1.88 | −0.13 | −6.58% |
| Q4 2016 | 2016-12-31 | 1.94 | −0.07 | −3.45% |
| Q3 2016 | 2016-09-30 | 1.82 | −0.21 | −10.40% |
| Q2 2016 | 2016-06-30 | 1.84 | −0.47 | −20.39% |
| Q1 2016 | 2016-03-31 | 2.01 | −0.38 | −15.87% |
| Q4 2015 | 2015-12-31 | 2.01 | −0.03 | −1.43% |
| Q3 2015 | 2015-09-30 | 2.04 | −0.06 | −2.87% |
| Q2 2015 | 2015-06-30 | 2.31 | 0.15 | +6.70% |
| Q1 2015 | 2015-03-31 | 2.39 | 0.14 | +6.12% |
| Q4 2014 | 2014-12-31 | 2.04 | −0.25 | −11.09% |
| Q3 2014 | 2014-09-30 | 2.10 | −0.41 | −16.29% |
| Q2 2014 | 2014-06-30 | 2.17 | −0.35 | −13.95% |
| Q1 2014 | 2014-03-31 | 2.25 | −0.31 | −12.17% |
| Q4 2013 | 2013-12-31 | 2.29 | −0.45 | −16.36% |
| Q3 2013 | 2013-09-30 | 2.51 | −0.39 | −13.54% |
| Q2 2013 | 2013-06-30 | 2.52 | −0.45 | −15.07% |
| Q1 2013 | 2013-03-31 | 2.57 | −0.54 | −17.36% |
| Q4 2012 | 2012-12-31 | 2.74 | −0.53 | −16.18% |
| Q3 2012 | 2012-09-30 | 2.90 | −0.28 | −8.84% |
| Q2 2012 | 2012-06-30 | 2.96 | −0.17 | −5.39% |
| Q1 2012 | 2012-03-31 | 3.10 | −0.12 | −3.63% |
| Q4 2011 | 2011-12-31 | 3.27 | −0.19 | −5.36% |
| Q3 2011 | 2011-09-30 | 3.18 | −0.48 | −13.06% |
| Q2 2011 | 2011-06-30 | 3.13 | −0.54 | −14.76% |
| Q1 2011 | 2011-03-31 | 3.22 | −0.61 | −15.95% |
| Q4 2010 | 2010-12-31 | 3.46 | −0.52 | −12.97% |
| Q3 2010 | 2010-09-30 | 3.66 | −0.75 | −17.08% |
| Q2 2010 | 2010-06-30 | 3.68 | −0.91 | −19.82% |
| Q1 2010 | 2010-03-31 | 3.83 | — | — |
| Q4 2009 | 2009-12-31 | 3.97 | −1.03 | −20.60% |
| Q3 2009 | 2009-09-30 | 4.41 | — | — |
| Q2 2009 | 2009-06-30 | 4.58 | — | — |
| Q4 2008 | 2008-12-31 | 5.00 | — | — |
General Electric debt-to-equity ratio trends
Over the last five fiscal years, General Electric's debt-to-equity ratio decreased from 2.20 to 1.15, a change of −1.04. The latest reported quarter, Q2 2026, shows 1.15.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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