• Broadridge Financial Solutions average debt/equity ratio for 2023 was 1.64, a 24.77% decline from 2022.
• Broadridge Financial Solutions average debt/equity ratio for 2022 was 2.18, a 9% decline from 2021.
• Broadridge Financial Solutions average debt/equity ratio for 2021 was 2, a 62.6% increase from 2020.

Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.