• Sodexo S.A average debt/equity ratio for 2023 was 1.35, a 16.15% decline from 2022.
• Sodexo S.A average debt/equity ratio for 2022 was 1.61, a 15.71% decline from 2021.
• Sodexo S.A average debt/equity ratio for 2021 was 1.91, a 11.05% decline 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.