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 2.47% is 86% below its 5-year average of 17.08%, near the low end of its 5-year range (1.45%–22.94%).
As of the fiscal period ended Tuesday, June 30, 2026. 78.61% below its 12-month average of 11.53%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
2.47%
DEBT TO ASSETS RATIO AVG TTM
11.53%
DEBT TO ASSETS RATIO AVG 3Y
16.25%
DEBT TO ASSETS RATIO AVG 5Y
17.08%
DEBT TO ASSETS RATIO AVG 10Y
20.33%
DEBT TO ASSETS RATIO AVG 15Y
20.17%
DEBT TO ASSETS RATIO AVG 20Y
18.66%
CURRENT VS TTM AVG
-78.61%
CURRENT VS 3Y AVG
-84.82%
CURRENT VS 5Y AVG
-85.56%
CURRENT VS 10Y AVG
-87.87%
CURRENT VS 15Y AVG
-87.78%
CURRENT VS 20Y AVG
-86.79%
SECTOR MEDIAN · FINANCIAL SERVICES
0.11%
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
+2141.39%
vs the sector median at left
Arthur J. Gallagher & Co.
Market Cap
$64.66B
Debt to Assets Ratio
2.47%
TTM Avg
11.53%
3Y Avg
16.25%
5Y Avg
17.08%
Market Cap
$65.74B
Debt to Assets Ratio
0.06%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$63.26B
Debt to Assets Ratio
0.13%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$72.49B
Debt to Assets Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$53.47B
Debt to Assets Ratio
0.07%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Arthur J. Gallagher & Co. (AJG) | $64.66B | 2.47% | 11.53% | 16.25% | 17.08% |
| The Allstate Corporation (ALL)vs › | $65.74B | 0.06% | N/A | N/A | N/A |
| Truist Financial Corporation (TFC)vs › | $63.26B | 0.13% | N/A | N/A | N/A |
| Aon plc (AON)vs › | $67.51B | 0.30% | N/A | N/A | N/A |
| MetLife, Inc. (MET)vs › | $61.45B | 0.03% | N/A | N/A | N/A |
| Aflac Incorporated (AFL)vs › | $58.78B | 0.08% | N/A | N/A | N/A |
| VanEck Semiconductor ETF (SMH)vs › | $72.49B | N/A | N/A | N/A | N/A |
| Nu Holdings Ltd. (NU)vs › | $74.62B | 0.51% | N/A | N/A | N/A |
| State Street Corporation (STT)vs › | $53.47B | 0.07% | N/A | N/A | N/A |
| Nasdaq, Inc. (NDAQ)vs › | $53.24B | 0.34% | N/A | N/A | N/A |
Debt/Assets
2.5%
Debt/Equity
0.09
Current Ratio
1.05
Interest Coverage
4.0x
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 | 2.47% |
| 2026-03-31 | 1.45% |
| 2025-12-31 | 19.81% |
| 2025-09-30 | 17.31% |
| 2025-06-30 | 16.60% |
| 2025-03-31 | 18.10% |
| 2024-12-31 | 20.99% |
| 2024-09-30 | 14.99% |
| 2024-06-30 | 13.67% |
| 2024-03-31 | 14.14% |
| 2023-12-31 | 16.11% |
| 2023-09-30 | 13.25% |
| 2023-06-30 | 13.73% |
| 2023-03-31 | 15.90% |
| 2022-12-31 | 16.72% |
| 2022-09-30 | 16.94% |
| 2022-06-30 | 16.91% |
| 2022-03-31 | 15.10% |
| 2021-12-31 | 19.77% |
| 2021-09-30 | 21.50% |
| 2021-06-30 | 22.94% |
| 2021-03-31 | 19.79% |
| 2020-12-31 | 21.79% |
| 2020-09-30 | 22.35% |
| 2020-06-30 | 23.24% |
| 2020-03-31 | 25.01% |
| 2019-12-31 | 25.20% |
| 2019-09-30 | 25.09% |
| 2019-06-30 | 24.51% |
| 2019-03-31 | 24.23% |
| 2018-12-31 | 22.10% |
| 2018-09-30 | 21.91% |
| 2018-06-30 | 21.48% |
| 2018-03-31 | 20.30% |
| 2017-12-31 | 24.29% |
| 2017-09-30 | 23.60% |
| 2017-06-30 | 24.76% |
| 2017-03-31 | 24.99% |
| 2016-12-31 | 24.79% |
| 2016-09-30 | 24.87% |
| 2016-06-30 | 23.99% |
| 2016-03-31 | 23.55% |
| 2015-12-31 | 22.51% |
| 2015-09-30 | 22.76% |
| 2015-06-30 | 22.13% |
| 2015-03-31 | 24.00% |
| 2014-12-31 | 23.91% |
| 2014-09-30 | 24.24% |
| 2014-06-30 | 25.12% |
| 2014-03-31 | 26.01% |
| 2013-12-31 | 21.22% |
| 2013-09-30 | 17.76% |
| 2013-06-30 | 16.63% |
| 2013-03-31 | 14.83% |
| 2012-12-31 | 15.96% |
| 2012-09-30 | 14.47% |
| 2012-06-30 | 14.08% |
| 2012-03-31 | 16.66% |
| 2011-12-31 | 0.22% |
| 2011-09-30 | 15.89% |
| 2011-06-30 | 15.50% |
| 2011-03-31 | 18.29% |
| 2010-12-31 | 15.29% |
| 2010-09-30 | 15.89% |
| 2010-06-30 | 15.47% |
| 2010-03-31 | 18.10% |
| 2009-12-31 | 16.92% |
| 2009-09-30 | 16.38% |
| 2009-06-30 | 16.24% |
| 2009-03-31 | 20.01% |
| 2008-12-31 | 16.26% |
| 2008-09-30 | 16.20% |
| 2008-06-30 | 14.39% |
| 2008-03-31 | 11.97% |
| 2007-12-31 | 11.25% |
| 2007-09-30 | 11.30% |
| 2007-06-30 | 6.29% |
| 2007-03-31 | 3.65% |
| 2006-12-31 | 1.02% |
| 2006-09-30 | 3.24% |
| 2006-06-30 | 4.03% |
| 2006-03-31 | 3.58% |
| 2005-12-31 | 3.33% |
| 2005-09-30 | 3.41% |
| 2005-06-30 | 4.74% |
| 2005-03-31 | 5.61% |
| 2004-12-31 | 5.60% |
| 2004-09-30 | 5.94% |
| 2004-06-30 | 5.66% |
| 2004-03-31 | 5.40% |
| 2003-12-31 | 5.27% |
| 2003-09-30 | 5.61% |
| 2003-06-30 | 6.10% |
| 2003-03-31 | 6.18% |
| 2002-12-31 | 7.15% |
| 2002-09-30 | 7.73% |
