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 7.53% is 24% above its 5-year average of 6.06%, near the high end of its 5-year range (5.02%–7.53%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.87% above its 12-month average of 7.18%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
7.53%
DEBT TO ASSETS RATIO AVG TTM
7.18%
DEBT TO ASSETS RATIO AVG 3Y
6.48%
DEBT TO ASSETS RATIO AVG 5Y
6.06%
DEBT TO ASSETS RATIO AVG 10Y
5.13%
DEBT TO ASSETS RATIO AVG 15Y
4.69%
DEBT TO ASSETS RATIO AVG 20Y
4.18%
CURRENT VS TTM AVG
+4.87%
CURRENT VS 3Y AVG
+16.10%
CURRENT VS 5Y AVG
+24.32%
CURRENT VS 10Y AVG
+46.72%
CURRENT VS 15Y AVG
+60.58%
CURRENT VS 20Y AVG
+80.09%
SECTOR MEDIAN · FINANCIAL SERVICES
0.11%
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
+6743.21%
vs the sector median at left
Aflac Incorporated
Market Cap
$59.66B
Debt to Assets Ratio
7.53%
TTM Avg
7.18%
3Y Avg
6.48%
5Y Avg
6.06%
Market Cap
$64.35B
Debt to Assets Ratio
0.13%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$53.76B
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$66.82B
Debt to Assets Ratio
0.06%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$67.49B
Debt to Assets Ratio
0.02%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$50.39B
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Aflac Incorporated (AFL) | $59.66B | 7.53% | 7.18% | 6.48% | 6.06% |
| MetLife, Inc. (MET)vs › | $62.81B | 0.03% | N/A | N/A | N/A |
| Truist Financial Corporation (TFC)vs › | $64.35B | 0.13% | N/A | N/A | N/A |
| Nasdaq, Inc. (NDAQ)vs › | $54.15B | 0.34% | N/A | N/A | N/A |
| State Street Corporation (STT)vs › | $53.76B | 0.07% | N/A | N/A | N/A |
| The Allstate Corporation (ALL)vs › | $66.82B | 0.06% | N/A | N/A | N/A |
| Arthur J. Gallagher & Co. (AJG)vs › | $67.49B | 0.02% | N/A | N/A | N/A |
| Aon plc (AON)vs › | $68.54B | 0.30% | N/A | N/A | N/A |
| Ameriprise Financial, Inc. (AMP)vs › | $50.39B | 0.03% | N/A | N/A | N/A |
| Fifth Third Bancorp (FITB)vs › | $49.73B | 0.07% | N/A | N/A | N/A |
Debt/Assets
7.5%
Debt/Equity
0.29
Current Ratio
11.31
Interest Coverage
21.1x
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 | 7.53% |
| 2026-03-31 | 6.80% |
| 2025-12-31 | 7.22% |
| 2025-09-30 | 7.18% |
| 2025-06-30 | 7.16% |
| 2025-03-31 | 6.45% |
| 2024-12-31 | 6.38% |
| 2024-09-30 | 6.21% |
| 2024-06-30 | 6.20% |
| 2024-03-31 | 6.36% |
| 2023-12-31 | 5.81% |
| 2023-09-30 | 5.56% |
| 2023-06-30 | 5.43% |
| 2023-03-31 | 5.50% |
| 2022-12-31 | 5.65% |
| 2022-09-30 | 5.87% |
| 2022-06-30 | 5.47% |
| 2022-03-31 | 5.28% |
| 2021-12-31 | 5.05% |
| 2021-09-30 | 5.02% |
| 2021-06-30 | 5.03% |
| 2021-03-31 | 5.11% |
| 2020-12-31 | 4.78% |
| 2020-09-30 | 4.86% |
| 2020-06-30 | 4.95% |
| 2020-03-31 | 4.46% |
| 2019-12-31 | 4.30% |
| 2019-09-30 | 4.04% |
| 2019-06-30 | 4.12% |
| 2019-03-31 | 4.05% |
| 2018-12-31 | 4.12% |
| 2018-09-30 | 3.83% |
| 2018-06-30 | 3.74% |
| 2018-03-31 | 3.65% |
| 2017-12-31 | 3.85% |
| 2017-09-30 | 3.86% |
| 2017-06-30 | 3.88% |
| 2017-03-31 | 3.93% |
| 2016-12-31 | 4.13% |
| 2016-09-30 | 4.00% |
| 2016-06-30 | 3.55% |
| 2016-03-31 | 3.90% |
| 2015-12-31 | 4.24% |
| 2015-09-30 | 4.26% |
| 2015-06-30 | 4.69% |
| 2015-03-31 | 5.17% |
| 2014-12-31 | 4.41% |
| 2014-09-30 | 3.58% |
| 2014-06-30 | 3.85% |
| 2014-03-31 | 3.98% |
| 2013-12-31 | 4.04% |
| 2013-09-30 | 4.13% |
| 2013-06-30 | 4.25% |
| 2013-03-31 | 3.55% |
| 2012-12-31 | 3.32% |
| 2012-09-30 | 3.19% |
| 2012-06-30 | 3.00% |
| 2012-03-31 | 3.43% |
| 2011-12-31 | 2.83% |
| 2011-09-30 | 2.88% |
| 2011-06-30 | 2.87% |
| 2011-03-31 | 2.98% |
| 2010-12-31 | 3.01% |
| 2010-09-30 | 3.07% |
| 2010-06-30 | 2.91% |
| 2010-03-31 | 3.03% |
| 2009-12-31 | 3.09% |
| 2009-09-30 | 2.70% |
| 2009-06-30 | 2.62% |
| 2009-03-31 | 2.34% |
| 2008-12-31 | 2.17% |
| 2008-09-30 | 2.23% |
| 2008-06-30 | 4.36% |
| 2008-03-31 | 2.22% |
| 2007-12-31 | 2.23% |
| 2007-09-30 | 2.29% |
| 2007-06-30 | 2.32% |
| 2007-03-31 | 2.34% |
| 2006-12-31 | 2.38% |
| 2006-09-30 | 2.47% |
| 2006-06-30 | 1.86% |
| 2006-03-31 | 2.49% |
| 2005-12-31 | 2.48% |
| 2005-09-30 | 2.96% |
| 2005-06-30 | 2.36% |
| 2005-03-31 | 2.45% |
| 2004-12-31 | 2.41% |
| 2004-09-30 | 2.59% |
| 2004-06-30 | 2.68% |
| 2004-03-31 | 2.67% |
| 2003-12-31 | 2.76% |
| 2003-09-30 | 2.79% |
| 2003-06-30 | 2.74% |
| 2003-03-31 | 2.89% |
| 2002-12-31 | 2.91% |
| 2002-09-30 | 3.02% |
