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 5.63% is 25% below its 5-year average of 7.46%, around the middle of its 5-year range (3.23%–9.15%).
As of the fiscal period ended Tuesday, March 31, 2026. 20.63% below its 12-month average of 7.09%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
5.63%
DEBT TO ASSETS RATIO AVG TTM
7.09%
DEBT TO ASSETS RATIO AVG 3Y
7.70%
DEBT TO ASSETS RATIO AVG 5Y
7.83%
DEBT TO ASSETS RATIO AVG 10Y
5.06%
DEBT TO ASSETS RATIO AVG 15Y
4.18%
DEBT TO ASSETS RATIO AVG 20Y
2.89%
CURRENT VS TTM AVG
-20.63%
CURRENT VS 3Y AVG
-26.92%
CURRENT VS 5Y AVG
-28.19%
CURRENT VS 10Y AVG
+11.21%
CURRENT VS 15Y AVG
+34.67%
CURRENT VS 20Y AVG
+94.64%
SECTOR MEDIAN · FINANCIAL SERVICES
0.12%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
+4587.87%
vs the sector median at left
American Financial Group, Inc.
Market Cap
$12.10B
Debt to Assets Ratio
5.63%
TTM Avg
7.09%
3Y Avg
7.70%
5Y Avg
7.83%
Market Cap
$11.67B
Debt to Assets Ratio
0.02%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$10.72B
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$10.16B
Debt to Assets Ratio
0.37%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| American Financial Group, Inc. (AFG) | $12.10B | 5.63% | 7.09% | 7.70% | 7.83% |
| Erie Indemnity Company (ERIE)vs › | $11.67B | 0.02% | N/A | N/A | N/A |
| Bitmine Immersion Technologies, Inc. (BMNR)vs › | $10.72B | 0.00% | N/A | N/A | N/A |
| Invesco Ltd. (IVZ)vs › | $14.00B | 0.39% | N/A | N/A | N/A |
| FactSet Research Systems Inc. (FDS)vs › | $10.16B | 0.37% | N/A | N/A | N/A |
| Hut 8 Corp. (HUT)vs › | $9.97B | 0.77% | N/A | N/A | N/A |
| Globe Life Inc. (GL)vs › | $14.27B | 0.01% | N/A | N/A | N/A |
| Assurant, Inc. (AIZ)vs › | $14.35B | 0.06% | N/A | N/A | N/A |
| Everest Group, Ltd. (EG)vs › | $14.84B | 0.06% | N/A | N/A | N/A |
| Kinsale Capital Group, Inc. (KNSL)vs › | $8.51B | 0.03% | N/A | N/A | N/A |
Debt/Assets
5.6%
Debt/Equity
0.39
Current Ratio
0.48
Interest Coverage
13.4x
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 |
|---|---|
| 2026-03-31 | 5.63% |
| 2025-12-31 | 5.58% |
| 2025-09-30 | 8.45% |
| 2025-06-30 | 7.81% |
| 2025-03-31 | 7.97% |
| 2024-12-31 | 7.59% |
| 2024-09-30 | 7.47% |
| 2024-06-30 | 7.84% |
| 2024-03-31 | 7.71% |
| 2023-12-31 | 7.45% |
| 2023-09-30 | 7.35% |
| 2023-06-30 | 7.70% |
| 2023-03-31 | 7.32% |
| 2022-12-31 | 7.02% |
| 2022-09-30 | 7.30% |
| 2022-06-30 | 7.61% |
| 2022-03-31 | 8.92% |
| 2021-12-31 | 8.83% |
| 2021-09-30 | 8.81% |
| 2021-06-30 | 9.15% |
| 2021-03-31 | 3.23% |
| 2020-12-31 | 3.26% |
| 2020-09-30 | 3.59% |
| 2020-06-30 | 3.42% |
| 2020-03-31 | 2.89% |
| 2019-12-31 | 2.71% |
| 2019-09-30 | 2.75% |
| 2019-06-30 | 2.81% |
| 2019-03-31 | 2.90% |
| 2018-12-31 | 2.17% |
| 2018-09-30 | 2.17% |
| 2018-06-30 | 2.24% |
| 2018-03-31 | 2.29% |
| 2017-12-31 | 2.14% |
| 2017-09-30 | 2.13% |
| 2017-06-30 | 2.40% |
| 2017-03-31 | 2.23% |
| 2016-12-31 | 2.33% |
| 2016-09-30 | 2.37% |
| 2016-06-30 | 1.89% |
| 2016-03-31 | 1.96% |
| 2015-12-31 | 2.05% |
| 2015-09-30 | 1.74% |
| 2015-06-30 | 2.07% |
| 2015-03-31 | 2.20% |
| 2014-12-31 | 2.23% |
| 2014-09-30 | 2.28% |
| 2014-06-30 | 2.01% |
| 2014-03-31 | 2.13% |
| 2013-12-31 | 2.17% |
| 2013-09-30 | 2.23% |
| 2013-06-30 | 2.41% |
| 2013-03-31 | 2.43% |
| 2012-12-31 | 2.43% |
| 2012-09-30 | 2.44% |
| 2012-06-30 | 3.13% |
| 2012-03-21 | 2.57% |
| 2011-12-31 | 2.59% |
| 2011-09-30 | 2.67% |
| 2011-06-30 | 2.76% |
| 2011-03-31 | 2.88% |
| 2010-12-31 | 2.93% |
| 2010-09-30 | 2.92% |
| 2010-06-30 | 2.79% |
| 2010-03-31 | 2.72% |
| 2009-12-31 | 2.99% |
| 2009-09-30 | 3.15% |
| 2009-06-30 | 3.48% |
| 2009-03-31 | 4.10% |
| 2008-12-31 | 3.90% |
| 2008-09-30 | 3.54% |
| 2008-06-30 | 3.81% |
| 2008-03-31 | 3.81% |
| 2007-12-31 | 3.63% |
| 2007-09-30 | 3.44% |
| 2007-06-30 | 3.49% |
| 2007-03-31 | 3.64% |
| 2006-12-31 | 3.67% |
| 2006-09-30 | 3.68% |
| 2006-06-30 | 3.90% |
| 2006-03-31 | 3.99% |
| 2005-12-31 | 4.13% |
| 2005-09-30 | 4.39% |
| 2005-06-30 | 4.50% |
| 2005-03-31 | 4.62% |
| 2004-12-31 | 1.65% |
| 2004-09-30 | 1.69% |
| 2004-06-30 | 4.85% |
| 2004-03-31 | 5.07% |
| 2003-12-31 | 4.14% |
| 2003-09-30 | 4.11% |
| 2003-06-30 | 4.40% |
| 2003-03-31 | 4.27% |
| 2002-12-31 | 4.85% |
| 2002-09-30 | 4.22% |
| 2002-06-30 | 4.82% |
