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 29.86% is 38% above its 5-year average of 21.57%, near the high end of its 5-year range (15.37%–30.83%).
As of the fiscal period ended Tuesday, June 30, 2026. 36.41% above its 12-month average of 21.89%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
29.86%
DEBT TO ASSETS RATIO AVG TTM
21.89%
DEBT TO ASSETS RATIO AVG 3Y
19.13%
DEBT TO ASSETS RATIO AVG 5Y
21.57%
DEBT TO ASSETS RATIO AVG 10Y
25.81%
DEBT TO ASSETS RATIO AVG 15Y
24.62%
DEBT TO ASSETS RATIO AVG 20Y
26.37%
CURRENT VS TTM AVG
+36.41%
CURRENT VS 3Y AVG
+56.07%
CURRENT VS 5Y AVG
+38.45%
CURRENT VS 10Y AVG
+15.67%
CURRENT VS 15Y AVG
+21.29%
CURRENT VS 20Y AVG
+13.23%
SECTOR MEDIAN · HEALTHCARE
0.28%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
+10563.11%
vs the sector median at left
Abbott Laboratories
Market Cap
$182.59B
Debt to Assets Ratio
29.86%
TTM Avg
21.89%
3Y Avg
19.13%
5Y Avg
21.57%
Market Cap
$182.06B
Debt to Assets Ratio
0.53%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$224.09B
Debt to Assets Ratio
0.38%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$134.24B
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$132.14B
Debt to Assets Ratio
0.49%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Abbott Laboratories (ABT) | $182.59B | 29.86% | 21.89% | 19.13% | 21.57% |
| Gilead Sciences, Inc. (GILD)vs › | $182.06B | 0.53% | N/A | N/A | N/A |
| Novo Nordisk A/S (NVO)vs › | $200.54B | 0.24% | N/A | N/A | N/A |
| Pfizer Inc. (PFE)vs › | $158.39B | 0.31% | N/A | N/A | N/A |
| Amgen Inc. (AMGN)vs › | $212.20B | 0.60% | N/A | N/A | N/A |
| Danaher Corporation (DHR)vs › | $144.25B | 0.29% | N/A | N/A | N/A |
| Thermo Fisher Scientific Inc. (TMO)vs › | $224.09B | 0.38% | N/A | N/A | N/A |
| Vertex Pharmaceuticals Incorporated (VRTX)vs › | $134.24B | 0.07% | N/A | N/A | N/A |
| Bristol-Myers Squibb Company (BMY)vs › | $132.14B | 0.49% | N/A | N/A | N/A |
| Intuitive Surgical, Inc. (ISRG)vs › | $123.70B | 0.00% | N/A | N/A | N/A |
Debt/Assets
29.9%
Debt/Equity
0.64
Current Ratio
1.38
Interest Coverage
23.6x
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 | 29.86% |
| 2026-03-31 | 30.83% |
| 2025-12-31 | 17.38% |
| 2025-09-30 | 15.37% |
| 2025-06-30 | 16.00% |
| 2025-03-31 | 16.26% |
| 2024-12-31 | 18.76% |
| 2024-09-30 | 20.14% |
| 2024-06-30 | 20.21% |
| 2024-03-31 | 20.13% |
| 2023-12-31 | 21.68% |
| 2023-09-30 | 21.54% |
| 2023-06-30 | 22.97% |
| 2023-03-31 | 22.90% |
| 2022-12-31 | 24.11% |
| 2022-09-30 | 22.55% |
| 2022-06-30 | 22.59% |
| 2022-03-31 | 23.09% |
| 2021-12-31 | 25.60% |
| 2021-09-30 | 24.93% |
| 2021-06-30 | 25.25% |
| 2021-03-31 | 25.34% |
| 2020-12-31 | 27.42% |
| 2020-09-30 | 26.89% |
| 2020-06-30 | 28.61% |
| 2020-03-31 | 27.36% |
| 2019-12-31 | 28.13% |
| 2019-09-30 | 29.18% |
| 2019-06-30 | 29.33% |
| 2019-03-31 | 29.44% |
| 2018-12-31 | 29.13% |
| 2018-09-30 | 32.89% |
| 2018-06-30 | 30.21% |
| 2018-03-31 | 30.87% |
| 2017-12-31 | 36.62% |
| 2017-09-30 | 33.25% |
| 2017-06-30 | 33.77% |
| 2017-03-31 | 33.82% |
| 2016-12-31 | 40.00% |
| 2016-09-30 | 21.55% |
| 2016-06-30 | 22.37% |
| 2016-03-31 | 21.67% |
| 2015-12-31 | 21.82% |
| 2015-09-30 | 20.02% |
| 2015-06-30 | 19.85% |
| 2015-03-31 | 20.66% |
| 2014-12-31 | 19.01% |
| 2014-09-30 | 19.53% |
| 2014-06-30 | 17.76% |
| 2014-03-31 | 18.64% |
| 2013-12-31 | 15.27% |
| 2013-09-30 | 18.72% |
| 2013-06-30 | 18.49% |
| 2013-03-31 | 16.64% |
| 2012-12-31 | 30.45% |
| 2012-09-30 | 25.74% |
| 2012-06-30 | 29.24% |
| 2012-03-31 | 26.67% |
| 2011-12-31 | 25.57% |
| 2011-09-30 | 28.04% |
| 2011-06-30 | 29.38% |
| 2011-03-31 | 30.47% |
| 2010-12-31 | 31.82% |
| 2010-09-30 | 32.62% |
| 2010-06-30 | 34.62% |
| 2010-03-31 | 32.47% |
| 2009-12-31 | 31.39% |
| 2009-09-30 | 31.40% |
| 2009-06-30 | 32.97% |
| 2009-03-31 | 34.58% |
| 2008-12-31 | 26.98% |
| 2008-09-30 | 27.21% |
| 2008-06-30 | 31.51% |
| 2008-03-31 | 32.11% |
| 2007-12-31 | 30.75% |
| 2007-09-30 | 32.54% |
| 2007-06-30 | 33.18% |
| 2007-03-31 | 34.38% |
| 2006-12-31 | 34.31% |
| 2006-09-30 | 28.36% |
| 2006-06-30 | 30.61% |
| 2006-03-31 | 22.05% |
| 2005-12-31 | 22.76% |
| 2005-09-30 | 22.83% |
| 2005-06-30 | 20.62% |
| 2005-03-31 | 24.87% |
| 2004-12-31 | 23.57% |
| 2004-09-30 | 23.88% |
| 2004-06-30 | 25.16% |
| 2004-03-31 | 23.83% |
| 2003-12-31 | 22.42% |
| 2003-09-30 | 25.34% |
| 2003-06-30 | 23.73% |
| 2003-03-31 | 26.00% |
| 2002-12-31 | 26.48% |
| 2002-09-30 | 29.32% |