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 38.62% is in line with its 5-year average of 36.68%, around the middle of its 5-year range (32.97%–41.39%).
As of the fiscal period ended Tuesday, June 30, 2026. 8.46% above its 12-month average of 35.61%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 38.62%.
DEBT TO ASSETS RATIO
38.62%
DEBT TO ASSETS RATIO AVG TTM
35.61%
DEBT TO ASSETS RATIO AVG 3Y
36.66%
DEBT TO ASSETS RATIO AVG 5Y
36.68%
DEBT TO ASSETS RATIO AVG 10Y
N/A
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+8.46%
CURRENT VS 3Y AVG
+5.37%
CURRENT VS 5Y AVG
+5.30%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
0.28%
median of 171 covered companies
CURRENT VS SECTOR MEDIAN
+13694.54%
vs the sector median at left
APi Group Corporation
Market Cap
$17.49B
Debt to Assets Ratio
38.62%
TTM Avg
35.61%
3Y Avg
36.66%
5Y Avg
36.68%
Market Cap
$16.88B
Debt to Assets Ratio
0.92%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$18.59B
Debt to Assets Ratio
0.34%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$18.60B
Debt to Assets Ratio
0.38%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| APi Group Corporation (APG) | $17.49B | 38.62% | 35.61% | 36.66% | 36.68% |
| MasTec, Inc. (MTZ)vs › | $17.34B | 0.30% | N/A | N/A | N/A |
| IDEX Corporation (IEX)vs › | $17.18B | 0.27% | N/A | N/A | N/A |
| FedEx Freight Holding Company, Inc. (FDXF)vs › | $16.88B | 0.92% | N/A | N/A | N/A |
| CNH Industrial N.V. (CNH)vs › | $16.70B | 0.62% | N/A | N/A | N/A |
| Equifax Inc. (EFX)vs › | $16.45B | 0.46% | N/A | N/A | N/A |
| Nordson Corporation (NDSN)vs › | $18.58B | 0.31% | N/A | N/A | N/A |
| C.H. Robinson Worldwide, Inc. (CHRW)vs › | $18.59B | 0.34% | N/A | N/A | N/A |
| WESCO International, Inc. (WCC)vs › | $18.60B | 0.38% | N/A | N/A | N/A |
| Sterling Infrastructure, Inc. (STRL)vs › | $16.37B | 0.11% | N/A | N/A | N/A |
Debt/Assets
38.6%
Debt/Equity
1.09
Current Ratio
1.39
Interest Coverage
3.9x
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 | 38.62% |
| 2026-03-31 | 34.24% |
| 2025-12-31 | 34.38% |
| 2025-09-30 | 35.00% |
| 2025-06-30 | 35.82% |
| 2025-03-31 | 37.50% |
| 2024-12-31 | 37.23% |
| 2024-09-30 | 38.01% |
| 2024-06-30 | 39.13% |
| 2024-03-31 | 41.39% |
| 2023-12-31 | 33.91% |
| 2023-09-30 | 35.73% |
| 2023-06-30 | 35.58% |
| 2023-03-31 | 36.33% |
| 2022-12-31 | 37.42% |
| 2022-09-30 | 37.90% |
| 2022-06-30 | 37.91% |
| 2022-03-31 | 37.67% |
| 2021-12-31 | 36.31% |
| 2021-09-30 | 32.97% |
| 2021-06-30 | 37.24% |
| 2021-03-31 | 36.46% |
| 2020-12-31 | 37.93% |
| 2020-09-30 | 33.77% |
| 2020-06-30 | 34.46% |
| 2020-03-31 | 38.70% |
| 2019-12-31 | 32.71% |
| 2019-09-30 | 31.55% |
| 2019-06-30 | 0.00% |
| 2019-03-31 | 0.00% |
| 2018-08-31 | 0.00% |
| 2018-02-28 | 0.00% |