{
    "metric": "debt-to-equity",
    "label": "Debt-to-equity",
    "as_of": "2026-09-18",
    "source": "Fair Value Calculator",
    "license": "CC BY 4.0",
    "url": "https://www.fairvalue-calculator.com/valuation-multiples/debt-to-equity",
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        {
            "industry": "Staffing & Employment Services",
            "sector": "Industrials",
            "p25": 0.001,
            "p50": 0.097,
            "p75": 0.478,
            "n": 61
        },
        {
            "industry": "Metal Fabrication",
            "sector": "Industrials",
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            "p50": 0.1,
            "p75": 0.2698,
            "n": 244
        },
        {
            "industry": "Aerospace & Defense",
            "sector": "Industrials",
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            "p50": 0.1,
            "p75": 0.4168,
            "n": 10
        },
        {
            "industry": "Pollution & Treatment Controls",
            "sector": "Industrials",
            "p25": 0.021,
            "p50": 0.106,
            "p75": 0.267,
            "n": 77
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        {
            "industry": "Building Products & Equipment",
            "sector": "Industrials",
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            "p75": 0.4088,
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        {
            "industry": "Engineering & Construction",
            "sector": "Industrials",
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            "p50": 0.114,
            "p75": 0.456,
            "n": 757
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        {
            "industry": "Integrated Freight & Logistics",
            "sector": "Industrials",
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        {
            "industry": "Trucking",
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            "p75": 0.5025,
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        {
            "industry": "Aerospace & Defense",
            "sector": "Industrials",
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            "n": 217
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        {
            "industry": "Construction & Engineering",
            "sector": "Industrials",
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            "p50": 0.1425,
            "p75": 0.2928,
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        {
            "industry": "Farm & Heavy Construction Machinery",
            "sector": "Industrials",
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            "n": 148
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        {
            "industry": "Industrial Distribution",
            "sector": "Industrials",
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            "p75": 0.389,
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        {
            "industry": "Electrical Equipment",
            "sector": "Industrials",
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            "p75": 0.3193,
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        {
            "industry": "Specialty Business Services",
            "sector": "Industrials",
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            "p75": 0.6015,
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        {
            "industry": "Railroads",
            "sector": "Industrials",
            "p25": 0.0275,
            "p50": 0.193,
            "p75": 0.6345,
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        {
            "industry": "Conglomerates",
            "sector": "Industrials",
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            "p75": 0.617,
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        {
            "industry": "Consulting Services",
            "sector": "Industrials",
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            "p50": 0.222,
            "p75": 0.568,
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        {
            "industry": "Marine Shipping",
            "sector": "Industrials",
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            "p50": 0.225,
            "p75": 0.556,
            "n": 222
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        {
            "industry": "Airports & Air Services",
            "sector": "Industrials",
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        {
            "industry": "Waste Management",
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        {
            "industry": "Rental & Leasing Services",
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            "p75": 1.8263,
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        {
            "industry": "Airlines",
            "sector": "Industrials",
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            "p75": 1.3505,
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        {
            "industry": "Infrastructure Operations",
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        {
            "industry": "Electrical Utilities & IPPs",
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        },
        {
            "industry": "Communications & Networking",
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        {
            "industry": "IT Services",
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        {
            "industry": "Computers, Phones & Household Electronics",
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        {
            "industry": "Semiconductors & Semiconductor Equipment",
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        {
            "industry": "Software & IT Services",
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        {
            "industry": "Security & Protection Services",
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        {
            "industry": "Scientific & Technical Instruments",
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        {
            "industry": "Software - Infrastructure",
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        {
            "industry": "Communication Equipment",
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        {
            "industry": "Electronic Equipment & Parts",
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        {
            "industry": "Electronics & Computer Distribution",
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        {
            "industry": "Software - Application",
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        {
            "industry": "Information Technology Services",
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        {
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        {
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        {
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        {
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        {
            "industry": "Other",
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        {
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        {
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        {
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        {
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        {
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        {
            "industry": "Other Industrial Metals & Mining",
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        {
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        {
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        {
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        {
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        {
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        {
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        {
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        {
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        {
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        {
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        {
            "industry": "REIT - Healthcare Facilities",
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        {
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}