Revvity Inc. (RVTY)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 3,150,480 | 3,177,770 | 3,923,350 | 4,979,740 | 1,609,700 |
| Total stockholders’ equity | US$ in thousands | 7,666,870 | 7,872,740 | 7,382,880 | 7,141,240 | 3,735,490 |
| Debt-to-equity ratio | 0.41 | 0.40 | 0.53 | 0.70 | 0.43 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $3,150,480K ÷ $7,666,870K
= 0.41
The debt-to-equity ratio of Revvity Inc. has shown fluctuations over the past five years. As of December 31, 2020, the ratio stood at 0.43, indicating that the company had a lower level of debt relative to equity. However, by December 31, 2021, the ratio increased to 0.70, suggesting an elevated reliance on debt financing compared to equity.
In the following years, there were variations in the ratio. By December 31, 2022, the ratio decreased to 0.53, signaling a reduction in the proportion of debt to equity. Subsequently, as of December 31, 2023, the ratio further decreased to 0.40, potentially indicating a more conservative financial structure with less reliance on debt.
Finally, as of December 31, 2024, the debt-to-equity ratio slightly increased to 0.41. Overall, the trend in the debt-to-equity ratio for Revvity Inc. reflects fluctuations in the company's capital structure and its mix of debt and equity financing over the period analyzed.
Peer comparison
Dec 31, 2024