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 43.51% is in line with its 4-year average of 45.03%, around the middle of its 4-year range (36.11%–48.07%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.91% below its 12-month average of 44.82%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 43.51%.
DEBT TO ASSETS RATIO
43.51%
DEBT TO ASSETS RATIO AVG TTM
44.82%
DEBT TO ASSETS RATIO AVG 3Y
45.52%
DEBT TO ASSETS RATIO AVG 5Y
N/A
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
-2.91%
CURRENT VS 3Y AVG
-4.40%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
0.05%
median of 467 covered companies
CURRENT VS SECTOR MEDIAN
+86926.85%
vs the sector median at left
The Baldwin Insurance Group, Inc.
Market Cap
$2.58B
Debt to Assets Ratio
43.51%
TTM Avg
44.82%
3Y Avg
45.52%
5Y Avg
N/A
Market Cap
$2.54B
Debt to Assets Ratio
0.10%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.50B
Debt to Assets Ratio
0.08%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.50B
Debt to Assets Ratio
0.03%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.79B
Debt to Assets Ratio
0.08%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Baldwin Insurance Group, Inc. (BWIN) | $2.58B | 43.51% | 44.82% | 45.52% | N/A |
| First Bancorp (FBNC)vs › | $2.54B | 0.01% | N/A | N/A | N/A |
| Columbia Financial, Inc. (CLBK)vs › | $2.54B | 0.10% | N/A | N/A | N/A |
| Merchants Bancorp (MBINM)vs › | $2.53B | 0.20% | N/A | N/A | N/A |
| First Merchants Corporation (FRME)vs › | $2.50B | 0.08% | N/A | N/A | N/A |
| First Busey Corporation (BUSE)vs › | $2.50B | 0.03% | N/A | N/A | N/A |
| Merchants Bancorp (MBINN)vs › | $2.39B | 0.20% | N/A | N/A | N/A |
| First Merchants Corporation (FRMEP)vs › | $2.79B | 0.08% | N/A | N/A | N/A |
| Merchants Bancorp (MBINL)vs › | $2.35B | 0.20% | N/A | N/A | N/A |
| Nuveen Quality Municipal Income Fund (NAD)vs › | $2.33B | 0.42% | N/A | N/A | N/A |
Debt/Assets
43.5%
Debt/Equity
3.04
Current Ratio
1.07
Interest Coverage
0.9x
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 | 43.51% |
| 2026-03-31 | 43.29% |
| 2025-12-31 | 45.84% |
| 2025-09-30 | 45.84% |
| 2025-06-30 | 45.59% |
| 2025-03-31 | 46.09% |
| 2024-12-31 | 46.42% |
| 2024-09-30 | 48.07% |
| 2024-06-30 | 46.45% |
| 2024-03-31 | 46.77% |
| 2023-12-31 | 46.60% |
| 2023-09-30 | 43.83% |
| 2023-06-30 | 43.39% |
| 2023-03-31 | 44.19% |
| 2022-12-31 | 42.56% |
| 2022-09-30 | 43.67% |
| 2022-06-30 | 43.37% |
| 2022-03-31 | 36.20% |
| 2021-12-31 | 36.11% |
