• Capital One Financial average debt/equity ratio for 2023 was 0.89, a 8.25% decline from 2022.
• Capital One Financial average debt/equity ratio for 2022 was 0.97, a 59.02% decline from 2021.
• Capital One Financial average debt/equity ratio for 2021 was 0.61, a 22.78% 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.