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 44.06% is in line with its 5-year average of 43.04%, near the high end of its 5-year range (39.89%–44.81%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.24% below its 12-month average of 44.16%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 44.06%.
DEBT TO ASSETS RATIO
44.06%
DEBT TO ASSETS RATIO AVG TTM
44.16%
DEBT TO ASSETS RATIO AVG 3Y
42.95%
DEBT TO ASSETS RATIO AVG 5Y
43.04%
DEBT TO ASSETS RATIO AVG 10Y
42.12%
DEBT TO ASSETS RATIO AVG 15Y
40.90%
DEBT TO ASSETS RATIO AVG 20Y
40.81%
CURRENT VS TTM AVG
-0.24%
CURRENT VS 3Y AVG
+2.59%
CURRENT VS 5Y AVG
+2.36%
CURRENT VS 10Y AVG
+4.60%
CURRENT VS 15Y AVG
+7.73%
CURRENT VS 20Y AVG
+7.96%
SECTOR MEDIAN · UTILITIES
0.44%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+9913.52%
vs the sector median at left
American Water Works Company, Inc.
Market Cap
$27.36B
Debt to Assets Ratio
44.06%
TTM Avg
44.16%
3Y Avg
42.95%
5Y Avg
43.04%
Market Cap
$27.24B
Debt to Assets Ratio
0.32%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$25.76B
Debt to Assets Ratio
0.52%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| American Water Works Company, Inc. (AWK) | $27.36B | 44.06% | 44.16% | 42.95% | 43.04% |
| Atmos Energy Corporation (ATO)vs › | $27.24B | 0.32% | N/A | N/A | N/A |
| DTE Energy Company (DTE)vs › | $27.59B | 0.50% | N/A | N/A | N/A |
| FirstEnergy Corp. (FE)vs › | $26.69B | 0.50% | N/A | N/A | N/A |
| Eversource Energy (ES)vs › | $25.77B | 0.47% | N/A | N/A | N/A |
| CenterPoint Energy, Inc. (CNP)vs › | $25.76B | 0.52% | N/A | N/A | N/A |
| Ameren Corporation (AEE)vs › | $29.03B | 0.43% | N/A | N/A | N/A |
| PPL Corporation (PPL)vs › | $25.65B | 0.43% | N/A | N/A | N/A |
| NRG Energy, Inc. (NRG)vs › | $23.94B | 0.59% | N/A | N/A | N/A |
| Edison International (EIX)vs › | $21.55B | 0.45% | N/A | N/A | N/A |
Debt/Assets
44.1%
Debt/Equity
1.38
Current Ratio
0.52
Interest Coverage
3.1x
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 | 44.06% |
| 2026-03-31 | 44.52% |
| 2025-12-31 | 43.58% |
| 2025-09-30 | 44.24% |
| 2025-06-30 | 44.42% |
| 2025-03-31 | 43.75% |
| 2024-12-31 | 42.98% |
| 2024-09-30 | 42.24% |
| 2024-06-30 | 42.32% |
| 2024-03-31 | 42.48% |
| 2023-12-31 | 41.07% |
| 2023-09-30 | 41.13% |
| 2023-06-30 | 41.55% |
| 2023-03-31 | 39.89% |
| 2022-12-31 | 44.81% |
| 2022-09-30 | 43.93% |
| 2022-06-30 | 44.03% |
| 2022-03-31 | 42.04% |
| 2021-12-31 | 42.42% |
| 2021-09-30 | 44.06% |
| 2021-06-30 | 44.39% |
| 2021-03-31 | 44.18% |
| 2020-12-31 | 44.50% |
| 2020-09-30 | 44.17% |
| 2020-06-30 | 44.41% |
| 2020-03-31 | 44.16% |
| 2019-12-31 | 42.07% |
| 2019-09-30 | 41.54% |
| 2019-06-30 | 41.92% |
| 2019-03-31 | 41.61% |
| 2018-12-31 | 40.54% |
| 2018-09-30 | 40.22% |
| 2018-06-30 | 40.83% |
| 2018-03-31 | 40.55% |
| 2017-12-31 | 39.61% |
| 2017-09-30 | 38.54% |
| 2017-06-30 | 39.30% |
| 2017-03-31 | 39.22% |
| 2016-12-31 | 38.86% |
| 2016-09-30 | 38.09% |
| 2016-06-30 | 38.71% |
| 2016-03-31 | 38.72% |
| 2015-12-31 | 38.03% |
| 2015-09-30 | 37.08% |
| 2015-06-30 | 37.83% |
| 2015-03-31 | 37.10% |
| 2014-12-31 | 36.94% |
| 2014-09-30 | 37.61% |
| 2014-06-30 | 38.47% |
| 2014-03-31 | 38.38% |
| 2013-12-31 | 38.98% |
| 2013-09-30 | 37.28% |
| 2013-06-30 | 38.46% |
| 2013-03-31 | 38.27% |
| 2012-12-31 | 38.01% |
| 2012-09-30 | 37.79% |
| 2012-06-30 | 39.45% |
| 2012-03-31 | 39.24% |
| 2011-12-31 | 39.82% |
| 2011-09-30 | 39.75% |
| 2011-06-30 | 40.57% |
| 2011-03-31 | 40.49% |
| 2010-12-31 | 40.54% |
| 2010-09-30 | 40.03% |
| 2010-06-30 | 40.77% |
| 2010-03-31 | 40.44% |
| 2009-12-31 | 40.78% |
| 2009-09-30 | 40.11% |
| 2009-06-30 | 40.73% |
| 2009-03-31 | 41.77% |
| 2008-12-31 | 39.90% |
| 2008-09-30 | 39.85% |
| 2008-06-30 | 40.27% |
| 2008-03-31 | 41.77% |
| 2007-12-31 | 38.59% |
| 2006-12-31 | 32.10% |
| 2002-09-30 | 57.36% |
| 2002-06-30 | 57.46% |
| 2002-03-31 | 59.14% |
| 2001-12-31 | 53.64% |
| 2001-09-30 | 52.23% |
| 2001-06-30 | 53.09% |
| 2001-03-31 | 46.37% |
| 2000-12-31 | 52.95% |
| 2000-09-30 | 52.07% |
| 2000-06-30 | 52.17% |
| 2000-03-31 | 51.33% |
| 1999-12-31 | 51.18% |
| 1999-09-30 | 44.60% |
| 1999-06-30 | 45.51% |
| 1999-03-31 | 47.63% |
| 1998-12-31 | 47.74% |
| 1998-09-30 | 47.63% |
| 1998-06-30 | 47.88% |
| 1998-03-31 | 47.25% |
| 1997-12-31 | 47.07% |
