Gibraltar Industries Inc (ROCK)
Debt-to-equity ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | 0 | 0 | 9,790 | 49,876 | 88,762 | 121,840 | 93,454 | 42,367 | 23,781 | 59,695 | 32,309 | 58,023 | 85,636 | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,048,030 | 1,003,230 | 975,671 | 940,185 | 914,998 | 889,849 | 850,310 | 835,387 | 822,099 | 843,491 | 817,278 | 838,402 | 825,258 | 814,684 | 787,608 | 758,408 | 743,805 | 746,075 | 709,764 | 677,357 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.06 | 0.11 | 0.14 | 0.11 | 0.05 | 0.03 | 0.07 | 0.04 | 0.08 | 0.12 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,048,030K
= 0.00
Gibraltar Industries Inc's debt-to-equity ratio has shown a fluctuating trend over the past few years. It remained consistently low at 0.00 from March 2020 to September 2020, indicating a balanced capital structure with minimal debt relative to equity. However, there was a slight increase to 0.12 as of December 2020, suggesting a higher level of debt compared to equity, which could imply increased leverage or borrowing.
Subsequently, the ratio decreased to 0.03 by December 2021, signaling a reduction in debt relative to equity. This trend continued to March 2024, where the ratio remained at 0.00, indicating little to no debt in relation to equity. Overall, the company's debt-to-equity ratio has shown a mix of low and moderate levels of leverage, with recent years reflecting a conservative approach to managing debt.
Peer comparison
Dec 31, 2024