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 31.70% is in line with its 5-year average of 34.05%, near the low end of its 5-year range (30.55%–38.73%).
As of the fiscal period ended Tuesday, March 31, 2026. 1.08% below its 12-month average of 32.04%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
31.70%
DEBT TO ASSETS RATIO AVG TTM
32.04%
DEBT TO ASSETS RATIO AVG 3Y
31.94%
DEBT TO ASSETS RATIO AVG 5Y
34.05%
DEBT TO ASSETS RATIO AVG 10Y
31.11%
DEBT TO ASSETS RATIO AVG 15Y
31.75%
DEBT TO ASSETS RATIO AVG 20Y
33.27%
CURRENT VS TTM AVG
-1.08%
CURRENT VS 3Y AVG
-0.77%
CURRENT VS 5Y AVG
-6.90%
CURRENT VS 10Y AVG
+1.90%
CURRENT VS 15Y AVG
-0.16%
CURRENT VS 20Y AVG
-4.72%
SECTOR MEDIAN · UTILITIES
0.43%
median of 41 covered companies
CURRENT VS SECTOR MEDIAN
+7271.13%
vs the sector median at left
Atmos Energy Corporation
Market Cap
$29.92B
Debt to Assets Ratio
31.70%
TTM Avg
32.04%
3Y Avg
31.94%
5Y Avg
34.05%
Market Cap
$29.15B
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 |
|---|---|---|---|---|---|
| Atmos Energy Corporation (ATO) | $29.92B | 31.70% | 32.04% | 31.94% | 34.05% |
| NRG Energy, Inc. (NRG)vs › | $29.76B | 0.58% | N/A | N/A | N/A |
| CenterPoint Energy, Inc. (CNP)vs › | $29.15B | 0.49% | N/A | N/A | N/A |
| Edison International (EIX)vs › | $30.69B | 0.45% | N/A | N/A | N/A |
| FirstEnergy Corp. (FE)vs › | $28.87B | 0.48% | N/A | N/A | N/A |
| DTE Energy Company (DTE)vs › | $31.09B | 0.49% | N/A | N/A | N/A |
| Ameren Corporation (AEE)vs › | $31.49B | 0.41% | N/A | N/A | N/A |
| Eversource Energy (ES)vs › | $28.17B | 0.47% | N/A | N/A | N/A |
| PPL Corporation (PPL)vs › | $27.25B | 0.43% | N/A | N/A | N/A |
| American Water Works Company, Inc. (AWK)vs › | $26.30B | 0.44% | N/A | N/A | N/A |
Debt/Assets
31.7%
Debt/Equity
0.69
Current Ratio
0.67
Interest Coverage
9.1x
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 |
|---|---|
| 2026-03-31 | 31.70% |
| 2025-12-31 | 32.33% |
| 2025-09-30 | 32.19% |
| 2025-06-30 | 32.48% |
| 2025-03-31 | 31.53% |
| 2024-12-31 | 32.12% |
| 2024-09-30 | 32.27% |
| 2024-06-30 | 31.64% |
| 2024-03-31 | 31.64% |
| 2023-12-31 | 31.84% |
| 2023-09-30 | 31.63% |
| 2023-06-30 | 30.55% |
| 2023-03-31 | 30.76% |
| 2022-12-31 | 37.46% |
| 2022-09-30 | 37.71% |
| 2022-06-30 | 36.76% |
| 2022-03-31 | 37.42% |
| 2021-12-31 | 38.73% |
| 2021-09-30 | 38.57% |
| 2021-06-30 | 37.94% |
| 2021-03-31 | 37.70% |
| 2020-12-31 | 31.16% |
| 2020-09-30 | 31.05% |
| 2020-06-30 | 30.47% |
| 2020-03-31 | 30.77% |
| 2019-12-31 | 30.05% |
| 2019-09-30 | 29.88% |
| 2019-06-30 | 28.95% |
| 2019-03-31 | 28.83% |
| 2018-12-31 | 29.01% |
| 2018-09-30 | 30.69% |
| 2018-06-30 | 28.79% |
| 2018-03-31 | 28.16% |
| 2017-12-31 | 30.22% |
| 2017-09-30 | 32.70% |
| 2017-06-30 | 31.67% |
| 2017-03-31 | 31.22% |
| 2016-12-31 | 33.13% |
| 2016-09-30 | 32.65% |
| 2016-06-30 | 32.14% |
| 2016-03-31 | 32.30% |
| 2015-12-31 | 33.69% |
| 2015-09-30 | 31.91% |
| 2015-06-30 | 30.47% |
| 2015-03-31 | 30.02% |
| 2014-12-31 | 32.98% |
| 2014-09-30 | 30.86% |
| 2014-06-30 | 29.39% |
| 2014-03-31 | 28.93% |
| 2013-12-31 | 36.51% |
| 2013-09-30 | 35.59% |
| 2013-06-30 | 33.29% |
| 2013-03-31 | 33.80% |
| 2012-12-31 | 35.00% |
| 2012-09-30 | 33.72% |
| 2012-06-30 | 32.92% |
| 2012-03-31 | 32.30% |
| 2011-12-31 | 34.00% |
| 2011-09-30 | 33.16% |
| 2011-06-30 | 31.58% |
| 2011-03-31 | 30.87% |
| 2010-12-31 | 33.34% |
| 2010-09-30 | 33.94% |
| 2010-06-30 | 32.95% |
| 2010-03-31 | 32.13% |
| 2009-12-31 | 34.17% |
| 2009-09-30 | 35.21% |
| 2009-06-30 | 35.59% |
| 2009-03-31 | 38.43% |
| 2008-12-31 | 36.39% |
| 2008-09-30 | 38.69% |
| 2008-06-30 | 34.99% |
| 2008-03-31 | 33.14% |
| 2007-12-31 | 36.42% |
| 2007-09-30 | 38.68% |
| 2007-06-30 | 40.14% |
| 2007-03-31 | 35.71% |
| 2006-12-31 | 37.58% |
| 2006-09-30 | 44.86% |
| 2006-06-30 | 44.18% |
| 2006-03-31 | 40.80% |
| 2005-12-31 | 40.17% |
| 2005-09-30 | 41.23% |
| 2005-06-30 | 43.24% |
| 2005-03-31 | 41.77% |
| 2004-12-31 | 42.36% |
| 2004-09-30 | 29.77% |
| 2004-06-30 | 32.43% |
| 2004-03-31 | 30.93% |
| 2003-12-31 | 37.67% |
| 2003-09-30 | 37.72% |
| 2003-06-30 | 36.78% |
| 2003-03-31 | 35.13% |
| 2002-12-31 | 41.23% |
| 2002-09-30 | 42.33% |
| 2002-06-30 | 38.61% |
