Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the debt to assets ratio high or low?
The debt to assets ratio of 24.89% is 98% above its 5-year average of 12.59%, near the high end of its 5-year range (0.00%–25.19%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.45% above its 12-month average of 24.78%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
24.89%
DEBT TO ASSETS RATIO AVG TTM
24.78%
DEBT TO ASSETS RATIO AVG 3Y
15.55%
DEBT TO ASSETS RATIO AVG 5Y
12.59%
DEBT TO ASSETS RATIO AVG 10Y
6.45%
DEBT TO ASSETS RATIO AVG 15Y
2.51%
DEBT TO ASSETS RATIO AVG 20Y
1.64%
CURRENT VS TTM AVG
+0.45%
CURRENT VS 3Y AVG
+60.02%
CURRENT VS 5Y AVG
+97.62%
CURRENT VS 10Y AVG
+285.77%
CURRENT VS 15Y AVG
+892.59%
CURRENT VS 20Y AVG
+1414.47%
SECTOR MEDIAN · INDUSTRIALS
0.28%
median of 144 covered companies
CURRENT VS SECTOR MEDIAN
+8789.20%
vs the sector median at left
AAON, Inc.
Market Cap
$6.40B
Debt to Assets Ratio
24.89%
TTM Avg
24.78%
3Y Avg
15.55%
5Y Avg
12.59%
Market Cap
$6.18B
Debt to Assets Ratio
0.18%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$6.81B
Debt to Assets Ratio
0.22%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$5.82B
Debt to Assets Ratio
0.41%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$7.01B
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AAON, Inc. (AAON) | $6.40B | 24.89% | 24.78% | 15.55% | 12.59% |
| Everus Construction Group, Inc. (ECG)vs › | $6.18B | 0.18% | N/A | N/A | N/A |
| Matson, Inc. (MATX)vs › | $6.72B | 0.15% | N/A | N/A | N/A |
| Pool Corporation (POOL)vs › | $6.78B | 0.45% | N/A | N/A | N/A |
| MSC Industrial Direct Co., Inc. (MSM)vs › | $6.81B | 0.22% | N/A | N/A | N/A |
| EnerSys (ENS)vs › | $6.96B | 0.26% | N/A | N/A | N/A |
| Casella Waste Systems, Inc. (CWST)vs › | $5.82B | 0.41% | N/A | N/A | N/A |
| Powell Industries, Inc. (POWL)vs › | $7.01B | 0.00% | N/A | N/A | N/A |
| Planet Labs PBC (PL)vs › | $7.04B | 0.39% | N/A | N/A | N/A |
| Fluor Corporation (FLR)vs › | $7.56B | 0.14% | N/A | N/A | N/A |
Debt/Assets
24.9%
Debt/Equity
0.46
Current Ratio
3.01
Interest Coverage
8.6x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DEBT TO ASSETS RATIO |
|---|---|
| 2026-06-30 | 24.89% |
| 2026-03-31 | 25.19% |
| 2025-12-31 | 25.18% |
| 2025-09-30 | 24.64% |
| 2025-06-30 | 23.99% |
| 2025-03-31 | 20.60% |
| 2024-12-31 | 14.55% |
| 2024-09-30 | 6.96% |
| 2024-06-30 | 10.14% |
| 2024-03-31 | 1.80% |
| 2023-12-31 | 5.37% |
| 2023-09-30 | 9.63% |
| 2023-06-30 | 9.26% |
| 2023-03-31 | 10.48% |
| 2022-12-31 | 9.61% |
| 2022-09-30 | 9.92% |
| 2022-06-30 | 14.44% |
| 2022-03-31 | 11.43% |
| 2021-12-31 | 6.40% |
| 2021-09-30 | 0.00% |
| 2021-06-30 | 0.00% |
| 2021-03-31 | 0.00% |
| 2020-12-31 | 0.04% |
| 2020-09-30 | 0.00% |
| 2020-06-30 | 0.00% |
| 2020-03-31 | 0.00% |
| 2019-12-31 | 0.00% |
| 2019-09-30 | 0.00% |
| 2019-06-30 | 0.00% |
| 2019-03-31 | 0.00% |
| 2018-12-31 | 0.00% |
| 2018-09-30 | 0.00% |
| 2018-06-30 | 0.00% |
| 2018-03-31 | 0.00% |
| 2017-12-31 | 0.00% |
| 2017-09-30 | 0.00% |
| 2017-06-30 | 0.00% |
| 2017-03-31 | 0.00% |
| 2016-12-31 | 0.00% |
| 2016-09-30 | 0.00% |
| 2016-06-30 | 0.00% |
| 2016-03-31 | 0.00% |
| 2015-12-31 | 0.00% |
| 2015-09-30 | 0.00% |
| 2015-06-30 | 0.00% |
| 2015-03-31 | 0.00% |
| 2014-12-31 | 0.00% |
| 2014-09-30 | 0.00% |
| 2014-06-30 | 0.00% |
| 2014-03-31 | 0.00% |
| 2013-12-31 | 0.00% |
| 2013-09-30 | 0.00% |
| 2013-06-30 | 0.00% |
| 2013-03-31 | 0.00% |
| 2012-12-31 | 0.00% |
| 2012-09-30 | 0.00% |
| 2012-06-30 | 3.57% |
| 2012-03-31 | 0.00% |
| 2011-12-31 | 2.56% |
| 2011-09-30 | 7.66% |
| 2011-06-30 | 4.09% |
| 2011-03-31 | 4.49% |
| 2010-12-31 | 0.00% |
| 2010-09-30 | 2.47% |
| 2010-06-30 | 0.02% |
| 2010-03-31 | 0.03% |
| 2009-12-31 | 0.05% |
| 2009-09-30 | 0.06% |
| 2009-06-30 | 0.06% |
| 2009-03-31 | 0.06% |
| 2008-12-31 | 2.21% |
| 2008-09-30 | 1.72% |
| 2008-06-30 | 2.90% |
| 2008-03-31 | 0.07% |
| 2007-12-31 | 0.07% |
| 2007-09-30 | 0.00% |
| 2007-06-30 | 0.00% |
| 2007-03-31 | 0.02% |
| 2006-12-31 | 0.05% |
| 2006-09-30 | 4.67% |
| 2006-06-30 | 1.87% |
| 2006-03-31 | 0.12% |
| 2005-12-31 | 0.15% |
| 2005-09-30 | 0.56% |
| 2005-06-30 | 0.44% |
| 2005-03-31 | 1.45% |
| 2004-12-31 | 0.26% |
| 2004-09-30 | 3.03% |
| 2004-06-30 | 0.00% |
| 2004-03-31 | 0.90% |
| 2003-12-31 | 5.25% |
| 2003-09-30 | 0.00% |
| 2003-06-30 | 2.29% |
| 2003-03-31 | 0.00% |
| 2002-12-31 | 3.89% |
| 2002-09-30 | 0.00% |
