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Illumina ILMN Debt-to-equity

Debt-to-equity at other companies

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0.7×0.0×
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25.1×+24.5×
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Other financials

Income statement

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Revenue$1.2B+9.4%
Gross profit$770.0M+10.8%
Operating income$245.0M+14.5%
Net income$207.0M-11.9%
EPS (diluted)$1.35-9.4%

Balance sheet

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Cash & equivalents$1.0B+11.3%
Total debt$1.9B-7.3%
Total equity$2.8B+25.7%
Total assets$6.7B+9.2%

Cash flow

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Operating cash flow$201.0M-14.1%
CapEx$39.0M+30.0%
Free cash flow$162.0M-20.6%

Valuation

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Market cap$31.03B+99.1%
Enterprise value$31.94B+90.7%
P/E37.6×+25.2×
P/S6.9×+3.3×

Profitability

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Gross margin66.4%-0.2pp
Operating margin19.6%
Net margin18.4%-11.0pp
FCF margin20.7%-3.3pp

Returns & leverage

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Return on equity32.4%-35.7pp
Current ratio1.8×0.0×

Where this comes from

Calculated from Illumina’s reported figures.

Based on the most recent quarter.

The source filing: Illumina’s 8-K, filed July 30, 2026. Open the filing →

Filed
Jul 30, 2026, 4:07 PM EDT
Accession
0001110803-26-000155

FAQ

What is Illumina's debt-to-equity?
Illumina (ILMN) reported debt-to-equity of 0.7× in Q2 2026.
How has Illumina's debt-to-equity changed year-over-year?
Illumina's debt-to-equity decreased by 26.3% year-over-year, from 0.9× to 0.7×.
What is the long-term trend for Illumina's debt-to-equity?
Over 5 years (2020 to 2025), Illumina's debt-to-equity has grown at a 15.2% compound annual growth rate (CAGR), from 0.4× to 0.8×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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