Stock Analysis on Net
Stock Analysis on Net

Oracle Corp. (NYSE:ORCL)

$24.99

Debt to Equity
since 2005

Microsoft Excel

Paying user area

The data is hidden behind: . Unhide it.

This is a one-time payment. There is no automatic renewal.


We accept:

Visa Mastercard Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check

Calculation

Oracle Corp., debt to equity, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2026-05-31), 10-K (reporting date: 2025-05-31), 10-K (reporting date: 2024-05-31), 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 10-K (reporting date: 2021-05-31), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31), 10-K (reporting date: 2018-05-31), 10-K (reporting date: 2017-05-31), 10-K (reporting date: 2016-05-31), 10-K (reporting date: 2015-05-31), 10-K (reporting date: 2014-05-31), 10-K (reporting date: 2013-05-31), 10-K (reporting date: 2012-05-31), 10-K (reporting date: 2011-05-31), 10-K (reporting date: 2010-05-31), 10-K (reporting date: 2009-05-31), 10-K (reporting date: 2008-05-31), 10-K (reporting date: 2007-05-31), 10-K (reporting date: 2006-05-31), 10-K (reporting date: 2005-05-31).

1 US$ in millions


The leverage profile from 2005 to 2026 demonstrates a consistent escalation in total borrowings paired with a period of severe equity depletion and subsequent recovery, resulting in extreme volatility in the debt-to-equity ratio.

Debt Accumulation Trends
Notes payable and other borrowings have exhibited a long-term upward trajectory, increasing from US$ 2,852 million in 2005 to US$ 129,541 million by 2026. Significant increases in debt levels are observed starting in 2014, with a substantial acceleration in borrowing occurring in the final period ending May 31, 2026.
Equity Volatility and Capital Erosion
Stockholders' equity showed steady growth from 2005 through 2017, peaking at US$ 53,860 million. This was followed by a precipitous decline between 2018 and 2022, culminating in a stockholders' deficit of US$ 6,220 million by May 31, 2022. A recovery phase began in 2023, with equity returning to positive territory and expanding to US$ 42,508 million by 2026.
Debt-to-Equity Ratio Interpretation
The leverage ratio remained conservative and stable, ranging between 0.26 and 0.52, from 2005 to 2014. A shift toward higher leverage occurred after 2015, with the ratio surpassing 1.00 in 2017. As equity levels collapsed, the ratio experienced exponential growth, reaching a peak of 84.33 in 2023. With the subsequent rebuilding of the equity base, the ratio exhibits a corrective downward trend, descending to 3.05 by 2026, although absolute debt continues to rise.


Comparison to Competitors

Oracle Corp., debt to equity, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2026-05-31), 10-K (reporting date: 2025-05-31), 10-K (reporting date: 2024-05-31), 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 10-K (reporting date: 2021-05-31), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31), 10-K (reporting date: 2018-05-31), 10-K (reporting date: 2017-05-31), 10-K (reporting date: 2016-05-31), 10-K (reporting date: 2015-05-31), 10-K (reporting date: 2014-05-31), 10-K (reporting date: 2013-05-31), 10-K (reporting date: 2012-05-31), 10-K (reporting date: 2011-05-31), 10-K (reporting date: 2010-05-31), 10-K (reporting date: 2009-05-31), 10-K (reporting date: 2008-05-31), 10-K (reporting date: 2007-05-31), 10-K (reporting date: 2006-05-31), 10-K (reporting date: 2005-05-31).



Comparison to Sector (Software & Services)



Comparison to Industry (Information Technology)