• Comerica average debt/equity ratio for 2023 was 1.15, a 134.69% decline from 2022.
• Comerica average debt/equity ratio for 2022 was 0.49, a 36.11% increase from 2021.
• Comerica average debt/equity ratio for 2021 was 0.36, a 56.1% 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.