diff --git a/crates/numfmt/src/decimal.rs b/crates/numfmt/src/decimal.rs
index 15cfcd3..67071d4 100644
--- a/crates/numfmt/src/decimal.rs
+++ b/crates/numfmt/src/decimal.rs
@@ -9,17 +9,70 @@ pub(crate) const MAX_DECIMALS: usize = 400;
 
 /// The 15 significant digits of a positive finite number and the power of ten of the first
 /// digit: `a ≈ d0.d1d2… × 10^exp`.
+///
+/// The value is rounded to the nearest 15-digit decimal. An exact tie at the 16th digit (the exact
+/// decimal expansion is 15 digits, a 5, then only zeros, as for 1234567890123455 or
+/// 123456789012345.5) goes toward zero, as Excel does: `1234567890123455` shows `1234567890123450`,
+/// not `…460`. Excel observed (Windows 16.0.20430, TEXT()).
 pub(crate) fn decimal_digits(a: f64) -> ([u8; 15], i32) {
     let mut digits = [0u8; 15];
     if !a.is_finite() || a <= 0.0 {
         return (digits, 0);
     }
-    let s = format!("{:.14e}", a);
-    let (mant, exp) = s.split_once('e').unwrap_or((s.as_str(), "0"));
-    for (slot, b) in digits.iter_mut().zip(mant.bytes().filter(u8::is_ascii_digit)) {
-        *slot = b - b'0';
+    // 16 digits, rounded. Unless the 16th is a 5 it decides the 15th exactly (4 or less rounds
+    // down, 6 or more up), so one format serves almost every number.
+    let (d16, exp) = significant_digits(a, 16);
+    for (slot, d) in digits.iter_mut().zip(&d16) {
+        *slot = *d;
     }
-    (digits, exp.parse().unwrap_or(0))
+    match d16.get(15).copied().unwrap_or(0) {
+        0..=4 => (digits, exp),
+        5 if is_exact_tie(a) => (digits, exp),
+        5 => {
+            // Not a tie: round the exact value (the 16-digit rounding above may be a double rounding).
+            let (d15, exp15) = significant_digits(a, 15);
+            let mut out = [0u8; 15];
+            for (slot, d) in out.iter_mut().zip(&d15) {
+                *slot = *d;
+            }
+            (out, exp15)
+        }
+        _ => {
+            let mut exp = exp;
+            let mut carry = true;
+            for d in digits.iter_mut().rev() {
+                if *d == 9 {
+                    *d = 0;
+                } else {
+                    *d += 1;
+                    carry = false;
+                    break;
+                }
+            }
+            if carry {
+                digits = [0; 15];
+                digits[0] = 1;
+                exp += 1;
+            }
+            (digits, exp)
+        }
+    }
+}
+
+/// `n` significant digits of `a` (rounded half to even on the exact binary value) and the power of
+/// ten of the first.
+fn significant_digits(a: f64, n: usize) -> (Vec<u8>, i32) {
+    let s = format!("{:.*e}", n.saturating_sub(1), a);
+    let (mant, exp) = s.split_once('e').unwrap_or((s.as_str(), "0"));
+    (mant.bytes().filter(u8::is_ascii_digit).map(|b| b - b'0').collect(), exp.parse().unwrap_or(0))
+}
+
+/// True when `a`'s exact decimal expansion has a 5 as its 16th significant digit and only zeros after.
+fn is_exact_tie(a: f64) -> bool {
+    let is_tie = |ds: &[u8]| ds.get(15) == Some(&5) && ds.get(16..).is_some_and(|t| t.iter().all(|&d| d == 0));
+    // A cheap screen first (30 digits), then the exact expansion: a double has at most 767
+    // significant digits and Rust prints every one of them.
+    is_tie(&significant_digits(a, 30).0) && is_tie(&significant_digits(a, 800).0)
 }
 
 /// Rounds the number `digits × 10^exp` (see [`decimal_digits`]) to `decimals` places, half away
diff --git a/crates/numfmt/src/tests.rs b/crates/numfmt/src/tests.rs
index ea40753..0742b26 100644
--- a/crates/numfmt/src/tests.rs
+++ b/crates/numfmt/src/tests.rs
@@ -421,3 +421,73 @@ fn fuzz_no_panic() {
         }
     }
 }
+
+// ---- 15 significant digits: an exact tie at the 16th digit goes toward zero ----
+// Windows Excel 16.0.20430 TEXT() over the exact doubles below. An odd 15th digit is where
+// round-half-even and toward-zero differ; an even one is where they agree.
+
+#[test]
+fn an_exact_tie_at_the_sixteenth_digit_goes_toward_zero() {
+    for (v, whole) in [
+        (1234567890123405.0, "1234567890123400"),
+        (1234567890123415.0, "1234567890123410"),
+        (1234567890123425.0, "1234567890123420"),
+        (1234567890123435.0, "1234567890123430"),
+        (1234567890123455.0, "1234567890123450"),
+        (1234567890123475.0, "1234567890123470"),
+        (1234567890123495.0, "1234567890123490"),
+        (6631679258820775.0, "6631679258820770"),
+        (8052991635850695.0, "8052991635850690"),
+    ] {
+        assert_eq!(f("0", v), whole, "0 over {v}");
+        assert_eq!(f("0.00", v), format!("{whole}.00"), "0.00 over {v}");
+        assert_eq!(f("0", -v), format!("-{whole}"), "0 over -{v}");
+    }
+    assert_eq!(f("#,##0", 1234567890123455.0), "1,234,567,890,123,450");
+    assert_eq!(f("#,##0", -3267527853107975.0), "-3,267,527,853,107,970");
+    // A fraction is a tie as well, when it is exact in binary.
+    assert_eq!(f("0", 123456789012345.5), "123456789012345");
+    assert_eq!(f("0.00", 123456789012345.5), "123456789012345.00");
+    // Excel observed: no carry after fifteen 9s.
+    assert_eq!(f("0", 999999999999999.5), "999999999999999");
+    assert_eq!(f("0", -999999999999999.5), "-999999999999999");
+    assert_eq!(f("0", 4999999999999995.0), "4999999999999990");
+    assert_eq!(f("#,##0", -4999999999999995.0), "-4,999,999,999,999,990");
+}
+
+#[test]
+fn only_exact_ties_go_toward_zero() {
+    // Just above and just below a tie round to the nearer 15-digit value (Excel observed).
+    assert_eq!(f("0", 1234567890123455.0 + 0.25), "1234567890123460");
+    assert_eq!(f("0", 1234567890123455.5), "1234567890123460");
+    assert_eq!(f("0", 1234567890123455.0 - 0.25), "1234567890123450");
+    // 16 digits that are not a tie, and the ordinary decimal cases, are untouched.
+    assert_eq!(f("0", 1234567890123456.0), "1234567890123460");
+    assert_eq!(f("0", 1234567890123454.0), "1234567890123450");
+    assert_eq!(f("0.00", 2.675), "2.68");
+    assert_eq!(f("0.00", 1.005), "1.01");
+    assert_eq!(f("0.0", 0.285), "0.3");
+    assert_eq!(f("0.0", 99999999999999.95), "100000000000000.0");
+    // Ten digits and a half are not a 16th-digit tie.
+    assert_eq!(f("0", 0.5), "1");
+    assert_eq!(f("0", 2.5), "3");
+}
+
+#[test]
+fn decimal_digits_keeps_fifteen_digits_and_truncates_a_tie() {
+    use crate::decimal::decimal_digits;
+    let (d, e) = decimal_digits(1234567890123455.0);
+    assert_eq!((d, e), ([1, 2, 3, 4, 5, 6, 7, 8, 9, 0, 1, 2, 3, 4, 5], 15));
+    let (d, e) = decimal_digits(1234567890123456.0);
+    assert_eq!((d, e), ([1, 2, 3, 4, 5, 6, 7, 8, 9, 0, 1, 2, 3, 4, 6], 15));
+    let (d, e) = decimal_digits(123456789012345.5);
+    assert_eq!((d, e), ([1, 2, 3, 4, 5, 6, 7, 8, 9, 0, 1, 2, 3, 4, 5], 14));
+    // Excel observed: a tie after fifteen 9s does not carry (999999999999999.5 shows 999999999999999).
+    let (d, e) = decimal_digits(999999999999999.5);
+    assert_eq!((d, e), ([9; 15], 14));
+    let (d, e) = decimal_digits(4999999999999995.0);
+    assert_eq!((d, e), ([4, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9, 9], 15));
+    // A 16th digit above 5 carries as usual.
+    let (d, e) = decimal_digits(999999999999999.6);
+    assert_eq!((d, e), ([1, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0], 15));
+}