• Rockwell Automation average debt/equity ratio for 2023 was 0.79, a 26.85% decline from 2022.
• Rockwell Automation average debt/equity ratio for 2022 was 1.08, a 1.89% decline from 2021.
• Rockwell Automation average debt/equity ratio for 2021 was 1.06, a 34.16% 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.